What is Loss and Damage finance? With a 1 degree increase in temperature above pre-industrial levels, climate change is already causing mayhem in different parts of the world. The term Loss and Damage (capitalised letters) refers to the political debate under the United Nations Framework Convention on Climate Change (UNFCCC) following the establishment of the Warsaw Mechanism for Loss and …

At the 26th United Nations Climate Change Conference (COP26) in Glasgow last November, Bangladesh Prime Minister Sheikh Hasina, speaking on behalf of 55 vulnerable developing countries under the Climate Vulnerable Forum (CVF), put forward a demand to set up a facility to finance loss and damage from human-induced climate change. This demand was included in the draft of the Glasgow …

On 9 August 2021, the science working group of the Intergovernmental Panel on Climate Change (IPCC) report showed that greenhouse gas emissions from human activities are responsible for approximately 1.1°C of warming since 1850-1900. Climate change is not just what is happening now and will happen in the future but also what has been happening for over a century. Today …

Going into COP26 in Glasgow, Scotland in November, it was already clear that the most vulnerable developing countries wanted the topic of loss and damage from human-induced climate change to get significant attention in the COP process, as well as outside the COP process. Now, after COP26 is over, we can discuss what was achieved, as well as what was …

One of the new and very politically sensitive topics being discussed at the 26th United Nations Climate Change Conference (COP26) in Glasgow, Scotland, as the summit enters its second and final week of negotiations, is the matter of loss and damage from human-induced climate change. This refers to the adverse impacts that can be attributed to human-induced climate change due …