Cop27: EU agrees to loss and damage fund to help poor countries amid climate disasters

Loss and damage refers to the ravages of extreme weather on the physical and social infrastructure of poor countries, and the finance needed for rescue and reconstruction after climate-related disasters...

https://www.theguardian.com/environment/2022/nov/18/cop27-eu-agrees-to-loss-and-damage-fund-to-help-poor-countries-recover-from-climate-disasters