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Washington, DC—The United States and China, the world’s two largest greenhouse gas emitters, said Thursday they will hold climate talks this weekend in California, raising new hopes for headway at the COP28 summit in Dubai.
The two sides will discuss “enhanced implementation and ambition and efforts to promote a successful COP28,” the US State Department said in a statement. The United States and China, the world’s two largest economies and frequent adversaries, are together responsible for nearly half of the greenhouse gas emissions blamed for rising temperatures, with a goal of checking warming to 1.5 Celsius above pre-industrial levels looking increasingly out of reach.
One key issue at the Dubai summit will be hammering out details of a so-called loss and damage fund, which would compensate the poorest nations as they cope with the consequences of climate change — not simply assisting them in adapting. The United States has also clashed with some least-developed countries and green activists over its call to house the loss and damage fund within the World Bank, the Washington-based development institution whose largest contributor is the United States, rather than as a new offshoot of the UN climate body.
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