Rohit, a local leader in Bangladesh, in front of the space where his house once stood (Credit: Douwe van Schie) The loss and damage conversation largely centres around the economics of climate impacts. Losses and damages which are difficult to value on a monetary scale are termed ‘non-economic losses and damages’, often left out of the equation, and often misunderstood. …

During the 26th UN Climate Change Conference (COP26) in Glasgow, Scotland last year, developing countries put forward a proposal to create a Finance Facility for Loss and Damage (FFLD), which was not accepted by developed countries. Instead, they replaced it by setting up the Glasgow Dialogue on Finance for Loss and Damage, which would carry on for three years before …