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Trump Withdraws US from Climate Damage Compensation Fund

HeadlineMar 11, 2025

President Trump has withdrawn the United States from a United Nations-negotiated loss and damage fund aimed at partly compensating poorer countries from the irreversible effects of the climate crisis. Nearly 200 countries agreed to establish the fund at the COP28 climate summit in Dubai in 2023. As of January, the U.S. had pledged just $17.5 million out of about $740 million in pledges from wealthy nations. Mohamed Adow, climate analyst and founding director of Power Shift Africa, wrote in response, “This regrettable decision risks undermining collective progress and erodes the trust necessary for effective international cooperation.”

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