In 2025, what was the primary aim of the Loss and Damage Fund for developing countries?
View answer & explanation Ans: Economic and non-economic loss and damage caused by adverse effects of climate change
Correct Answer: Economic and non-economic loss and damage caused by adverse effects of climate change
The Loss and Damage Fund was established under the UNFCCC framework to provide financial assistance to vulnerable nations specifically for addressing the irreversible impacts of climate change.