Vulnerable countries and communities are already experiencing severe losses and damages from unavoidable climate change impacts, and they urgently need finance to support their recovery, protect human rights and development gains, and prepare for future displacement and livelihood losses.
Efforts to mobilise finance for affected countries remain stalled, mainly due to disagreements over liability and compensation. Given the scale of global needs, a formal, dedicated loss and damage finance mechanism should remain the long-term goal. Following the pledges made in Glasgow, ICCCAD is striving to integrate all global, national and local efforts to:
- Track of global funds, pledges and efforts to address L&D
- Explore innovative financing mechanisms
- Contributing to Glasgow Dialogue on L&D
- Workshops on climate and L&D finance for key actors and negotiators