It's the first day of COP28 and we have exciting progress on loss and damage! The parties have come together to accelerate action and have formally established the loss and damage fund. The loss and damage fund is a mechanism that provides financial assistance to the countries most affected by the climate crisis. The operationalization of the fund is a positive signal to the world that we are committed to tackling this global crisis together while acknowledging the unequal burden of its impacts. As the pledges come in, hear from Arsht-Rock’s Jorge Gastelumendi as he unpacks what this announcement really means. https://bit.ly/3sqZa6T #ArshtRockAtCOP #ACatCOP28