COP28: Tackling Climate Change Amidst Political and Corporate Challenges

At COP28, the United Nations climate change conference, a deal was announced to establish a fund to tackle climate change damage, with 18 countries pledging money. However, there is disagreement over whether China and India, the top greenhouse gas emitters, should contribute to the fund. China and India argue that they too have vulnerable communities and should receive financial support, while developed countries believe they should also contribute due to their emissions. The issue of who should pay and who should receive the fund remains contentious, highlighting the ongoing tensions between developed and developing nations.