US Withdraws from UN Climate Damage Fund

The Trump administration ends participation in a global fund supporting vulnerable nations facing climate-related disasters, citing no replacements for US board members.

• The United States has officially withdrawn from the UN Loss and Damage Fund, established to aid developing countries dealing with climate-related disasters.
• The fund was created during COP28 in 2023, with nearly 200 countries agreeing to its formation after years of advocacy by developing nations.
• The US, historically the largest emitter of greenhouse gases, had pledged $17.5 million to the fund but now leaves its contribution and future involvement uncertain.
• Critics, including climate activists and international negotiators, argue the decision undermines global efforts to address climate justice and support vulnerable populations.
• This move continues a pattern of the Trump administration disengaging from international climate agreements, including re-exiting the Paris climate accords.

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