Cop27 resulted in the historic decision of setting up a loss and damage fund to help vulnerable countries, but success depends on a few key actions. A man walks as Cyclone Freddy makes landfall over Vilankulos, Mozambique, February 24, 2023. (Photo: UNICEF Mozambique/223/Alfredo Zuniga/via Reuters) Last November, at Cop27 in Egypt, a pivotal decision was unanimously agreed by all countries …
The Transitional Committee (TC) created at COP27 has acomplex task to reach solutions on loss and damage financingthis year. There is strong opportunity for progress: from settingup a new dedicated fund to designing wider fundingarrangements to address loss and damage and identifying newsources of finance. The list is long and time is short: so how canthe TC work efficiently, contribute …
People get on a boat as they look for shelter during a widespread flood in the northeastern part of the country, in Sylhet, Bangladesh, June 19, 2022. REUTERS/Kazi Salahuddin Razu What’s the context? A group of poor countries and island states will work out how to find and use finance to help communities deal with climate harm Countries to set …
Anthropogenic climate change loss and damage (L&D) is a key area of climate policy. Much of the L&D governance has been situated within the international climate regime. A major gap in L&D governance is the lack of understanding of how institutions are dealing with L&D policy and decision-making at national and industry scales. This study examines L&D governance with an …
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ABSTRACT After decades of pressure from vulnerable developing countries, the Warsaw International Mechanism on Loss and Damage (the WIM) was established at the nineteenth Conference of the Parties (COP 19) in 2013 to address costly damages from climate change. However, little progress has been made towards establishing a mechanism to fund loss and damage. The WIM’s Executive Committee issued its …
The world has entered the third era of loss and damage from human-induced climate change. In the first era, the experts were focused on completely avoiding the potential losses and damages from climate change by stopping – or at least drastically reducing – greenhouse gas (GHG) emissions, which caused the global temperature to rise. This understanding came from the scientific …
In October 2022, Scotland hosted a conference which brought together international representatives and practitioners to articulate best practice and explore innovative new opportunities to mobilise finance for, and address Loss and Damage ahead of COP27. Insights for Accelerating Action on Loss and Damage Issues of climate justice, gender equality and human rights are central to the Scottish Government’s approach to addressing loss and damage …
In the context of climate policy, “loss and damage” refers to unavoided climate change impacts, including those from extreme weather events and slow-onset events such as sea-level rise, increasing temperatures, and loss of biodiversity. Some argue that focusing on loss and damage distracts industrialized countries from attempts to avoid losses and damages in the first place through decarbonization and adaptation. …
Campaigners at Cop27 call for a loss and damage fund to be set up (Photo credit: Kiara Worth/UNFCCC) Talks on a global fund for victims of climate change could be delayed after governments missed a deadline to appoint members to a committee taking the issue forward. At last November’s Cop27 climate summit, governments agreed to set up a fund for vulnerable …
