Devex Newswire: The losers and winners of loss and damage

Talks over a loss and damage climate fund came down to a take-it-or-leave-it moment — and most took any compromise they could get.

Also in today’s edition: The World Bank’s watchdog tries to get with the times, and hundreds of USAID staff members back a cease-fire in Gaza.

It was a win for some, and a defeat for others — although no one seemed to walk away particularly happy, which is perhaps only fitting when you’re haggling over something as complex and contentious as a loss and damage fund to compensate lower-income countries for the ravages of climate change.

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