Australia Commits $50 Million to Address Damage from Climate Change

Published on November 19, 2024

Australia has pledged $50 million to the Fund for Responding to Loss and Damage, aimed at assisting nations severely affected by the climate crisis. The fund will support developing countries addressing the economic and non-economic impacts of extreme weather and slow-onset climate events. “We recognise the profound impact of climate change on Pacific communities, culture, and livelihoods,” she said in a statement. She added that Australia is proud to stand with our Pacific partners in addressing the climate crisis. “We share the responsibility of protecting the lives and livelihoods that rely on the Blue Pacific.” Global Collaboration for Climate Action Australia joins major contributors, including Canada, Germany, the UAE, the United States, and the UK, in funding the initiative....