Countries promise millions for damages from climate change. So how would that work?
A historic agreement at the international climate talks will provide hundreds of millions of dollars for developing countries. It's nowhere near enough.
As climate change negotiations kicked off in Dubai, countries reached a historic agreement for a new fund to help developing countries which bear the brunt of climate impacts.
More than $400 million was announced, with the largest pledges coming from Germany and the United Arab Emirates, to kick off the "loss and damage" fund. They are the first pledges since the fund was created at climate negotiations last year.
The idea is to aid developing countries that are already dealing with devastating impacts, like hurricanes, droughts and floods. found it will cost developing countries $215 to $387 billion per year to adapt to climate change.
