<span style="color: #222222;">An international panel on loss and damage due to climate crisis has reached an agreement on operationalising a global fund in Abu Dhabi, with the US formally objecting to the outcome. The agreement will be sent by the transitional committee to the UN climate summit to be held in Dubai for further deliberations, along with the objections the US raised. Although a text was adopted on operationalising a global loss and damage fund, the US and developing countries had several reservations. The US wanted to withdraw support to the text because it insisted that it should be made clear that contributions to the fund were voluntary. The funding arrangements are weak and take away from the historical responsibility of rich nations in contributing to global warming, developing countries said. There was a quorum, the transitional committee said, so the text will be forwarded for further discussion at the 28th Conference of Parties (COP28) to the United Nations Framework Convention on Climate Change that starts on November 30. </span><br />