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View all search resultsThe launch of a climate "loss and damage" fund drew praise and hundreds of millions of dollars in pledges at the UN's COP28 talks on Thursday but also warnings that much more is needed to help vulnerable nations.
“Real commitments must be bolstered, specifically those from developed nations, for climate financing to reach the net-zero emissions target,” Jokowi said in a press briefing at the Halim Perdanakusuma Air Force Base in Jakarta on Thursday.
Experts say developing nations are struggling to find the funds needed to stop burning planet-heating fossil fuels and prepare for tomorrow's climate disasters, as they grapple with rising costs and extreme weather events.