Dubai

COP28 Day 3 top developments: For the first time in nearly three decades when the UN Convention on Climate Change was agreed upon, leaders have agreed that what people grow and eat is a key factor in global warming. The host UAE announced a $30 billion fund for "global climate solutions", partly to assuage the concerns of developing countries in their bid to ensure access to funding to neutralise the impact of climate change events while ensuring accountability from the developed world for their lion's share of greenhouse emissions.

Advertisment

That also followed an unexpected early agreement, which saw countries commit $420 million to a fund for nations suffering the effects of climate change. Besides, the UN Secretary-general Antonio Guterres said that leaders "cannot save a burning planet with a fire hose of fossil fuels".

The summit comes as 2023 has been the hottest year on record in over 100,000 years, according to a Lancet report on Climate Action seen by WION.

Check top developments from Day 3 of COP28 summit: