COP28 kickoff.

The global climate summit COP28 got off to a productive start when wealthy countries agreed to kick off a fund to pay for climate damage in poorer countries with at least $260 million commitment.

Here’s the Bloomberg report on the decision, which threatened to sour much of the rest of the COP28 agenda but seems to have been adopted quite smoothly on day 1 of the conference.

Bill Spindle

Senior Global Correspondent