‘Vulnerable’ Pacific countries must get maximum benefit from ‘loss and damage’ fund, Australian climate minister says

Chris Bowen also says climate disaster fund will need to be bankrolled by broader-than-expected range of countries in speech ahead of Cop28

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Australia’s climate minister Chris Bowen says Pacific nations and other countries vulnerable to climate catastrophe should be the major beneficiaries from “loss and damage” funding, and a broader range of countries should bankroll the international effort along with the private sector.

Bowen used a speech to a foreign policy thinktank on Tuesday night to signal Australia’s position ahead of Cop28, the looming United Nations-led climate talks, which get underway in the United Arab Emirates later this month.

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