Ireland's Varadkar promises €25 million loss and damage fund

 

Taoiseach Leo Varadkar promised COP28 Ireland will spend €25 million to help countries affected the most by climate change, Paralel.Az reports citing Newstalk.

The money will come from the €225 million the Government previously committed to contributing.

Speaking from the conference in Dubai, Varadkar outlined Ireland’s commitment to reduce greenhouse gas emissions by 50% by 2030.

He also explained measures to help vulnerable countries experiencing the greatest impact of climate change.

Speaking at the conference this morning, he said the world "must rise to the challenge" of addressing the consequences of climate change.

"We cannot prevent climate change, we are well pas that point," he said.

"By acting urgently now we can limit its extends and mitigate its worst effects."

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