United Nations representatives were unable to reach a deal on implementing a reparations Fund for Climate Disaster Recovery in developing nations. The fund, known as the "loss and damage fund," was announced at last year's UN Climate Conference. A 24-member committee, consisting of representatives from developing and rich countries, met four times over the past week to settle on recommendations for the fund. However, they were unable to reconcile their differences on how to operate the fund and who would finance it. The committee plans to hold a fifth meeting before the COP28 deadline in November.
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