Climate summit agrees on new fund for coastal cities facing rising seas

Delegates at the international climate summit agreed on a new financing window aimed at coastal cities threatened by rising sea levels. The fund will support sea walls, drainage upgrades and early-warning systems.

Developing nations welcomed the move but said the initial amount was far below what is needed. Negotiators will meet again next year to decide how contributions are shared.

Indian coastal cities are expected to be among the early applicants, according to officials attending the talks.