Representatives of groups hardest-hit by the climate crisis say restrictions on their participation at the fund’s first board meeting set a worrying precedent Youth and other civil society groups hold a protest calling for a full, funded and fair transition away from fossil fuels at the COP28 climate summit venue in Dubai, UAE on December 12, 2023. (Photo: Megan Rowling) …
Roman Babakin / Shutterstock Geneva, Switzerland, has been selected as the host of the headquarters of the secretariat of the Santiago network for averting, minimizing and addressing loss and damage. The decision was made by the Advisory Board of the Santiago network, which held its first meeting from 18 to 20 March, in Geneva. The formation of the Advisory Board …
Exciting news! The Loss and Damage Fund now boasts its dedicated UNFCCC webpage categorized under “Funds and financial entities” As the eagerly anticipated inaugural Board meeting approaches (scheduled no later than January 31st), this webpage will serve as the primary source for all forthcoming updates. Explore the webpage here. Present announcements feature an invitation to Parties to submit nominations of …
Amid the busy UN Summits Week, Heads of State and Government and other leaders convened for a full day of discussions on pathways towards accelerated climate action and increased ambition. They addressed: credibility standards for net-zero commitments, adaptation and early warning systems, industrial decarbonization and energy transition, and loss and damage finance. Download PDF enb0318e_1_compressedDownload
The Loss and Damage Fund (LDF) historically won by the Global South is under attack! In the latest LDF Transitional Committee meetings, the United States is pushing to have the LDF as a Financial Intermediary Fund (FIF) under the auspices of the World Bank (WB), rather than making it an independent and democratically-accessible fund under the guidance of the COP. …
This event brought together least developed countries (LDCs) and Small Island Developing States (SIDS) to jointly generate a shared understanding on what is needed to tackle loss and damage. Tackling loss and damage is not straightforward and there isn’t one solution that fits all. The causes and impacts of loss and damage are highly varied, from sudden climate shocks to …
The world made a historic agreement at COP 27 to set up a loss and damage fund to support countries suffering from climate impacts. But with such sensitive issues being negotiated, it’s not clear if it will be ready for COP 28.
Photo Credit: Justin Kern Nearly a billion dollars a year is flowing into the organized climate change counter-movement The overwhelming majority of climate scientists, international governmental bodies, relevant research institutes and scientific societies are in unison in saying that climate change is real, that it’s a problem, and that we should probably do something about it now, not later. And yet, …
Flood-affected people get off a boat after crossing a stream in Jamalpur, Bangladesh, July 18, 2020. REUTERS/Mohammad Ponir Hossain The litmus test of success for the U.N. climate summit will be the creation of an urgently needed fund to help the most vulnerable people Open letter to the incoming president of the COP28 U.N. climate summit Dear Dr Sultan Al …
At this point, the UN fund is “an empty bucket.” How full could it get? Last year, Pakistan was hit with floods so devastating that they were hard to comprehend. In some areas, 15 inches of rain fell in a single day. And the rain went on for months, inundating one-third of the country, spreading disease, and displacing nearly 8 million people. …
