30 Nov 2023

COP28: Summit reaches climate disaster fund deal on first day

Chief Correspondent

There was a standing ovation from delegates on the opening day of the COP28 climate summit in the UAE. After years of campaigning – a deal to establish a new climate disaster fund has finally been approved. More than 330 million pounds has already been pledged to help nations struggling with the effects of global warming.

But negotiators still face an uphill task to agree how to phase out the use of fossil fuels, despite warnings that the world is on course for its hottest year ever.