Tag: COP30
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Ahead of COP30: FRLD Board Adopts Key Decisions on $250M Initial Allocation
FRLD Moves Forward with $250M Initial Allocation Ahead of COP30 The Fund for Responding to Loss and Damage (FRLD) has taken a decisive step toward operationalizing a landmark finance mechanism designed to assist vulnerable nations. At its seventh board meeting in Manila, the FRLD Board announced the approval of a $250 million initial allocation, a…
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FRLD Advances $250M Allocation Ahead of COP30 Belem
FRLD Sets the Stage for Loss and Damage Funding Ahead of COP30 The Fund for Responding to Loss and Damage (FRLD) Board wrapped up its seventh meeting in Manila with critical decisions on the $250 million initial allocation, known as the Barbados Implementation Modalities (BIM). The move marks a concrete step toward operationalizing loss and…