USA withdrew from the Loss and Damage Fund. It was established in which COP conference?

Explanation

– The Loss and Damage Fund was established at COP27, held in Sharm el-Sheikh, Egypt, in 2022.
– The fund was created to provide financial assistance to developing countries most vulnerable to the impacts of climate change.
– The United States withdrew its support for the fund in 2025 under the Trump administration, reflecting a broader retreat from various international climate commitments.
– The Loss and Damage Fund represented a landmark agreement addressing long-standing demands from developing nations for climate compensation.