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Climate Loss and Damage Fund: 176 funding requests for $2.8 billion, a first real test

Financial Afrik · last updated

The Fund for Responding to Loss and Damage (FRLD), created within the financial mechanism of the United Nations Framework Convention on Climate Change (UNFCCC), is reaching a new stage in its implementation. Meeting from July 8 to 10, 2026 in Manila, its board of directors adopted a series of decisions aimed at accelerating its operationalization,……