On March 4, 2025, the United States withdrew from the Board for the Fund for Responding to Loss and Damage, as transmitted in a letter from the U.S. Treasury Department.
This move reverses the U.S. commitment to the Fund, which was established at the 2023 COP28 UN Climate Change Conference to support developing nations disproportionately affected by climate change. The Fund was designed to assist nations suffering from loss of life, destruction of ecosystems, and infrastructure damage due to climate change. As of January 2023, the U.S. had joined other nations in pledging a total of...