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As Loss and Damage Negotiations Come to a Halt, Countries Cling to Hope

Union of Concerned Scientists

The establishment of the Loss and Damage Fund was the result of a 30-year battle led by small island nations, developing states, and civil society. COP27 mandated the creation of a Transitional Committee (TC), composed of 24 members—10 from developed countries and 14 from developing countries—to operationalize the fund by COP28.