Denmark Becomes First Wealthy Country to Pay for ‘Loss and Damage’ From Extreme Weather

EcoWatch
By Paige BennettSep 22, 2022, 6:55 pm578 ptsHot
Denmark has become the first high-income country to pledge to pay for “loss and damage” in other countries affected by increasing cases of extreme weather events. More than 100 million DKK ($13 million) is being sent to impacted countries. The funds are part of Denmark’s Finance Act 2022, and the country…

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