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Climate Fund Talks Break Down Amidst US and EU Disagreement Over World Bank Hosting The aftermath of climate fund talks has given rise to blame and recriminations following the breakdown of discussions focused on establishing a new fund aimed at aiding vulnerable nations in their efforts to recover from climate-related disasters. During tense negotiations that were partially accessible via webcast, representatives from developing nations pointed fingers at the United States, primarily accusing it of pushing for the World Bank to host the proposed fund—a financial institution dominated by highly developed economies. Lien Vandamme, an observer at the talks for the Center for International Environmental Law, voiced her concerns, stating, "If wealthy nations do not come to the next meeting prepared to let go of this unrealistic proposal, meet their international obligations, and set up a stand-alone, rights-based and resourced fund, they might as well not show up at all." In addi...