Accessing the Loss and Damage Climate Fund

Science. 378(6626). Washington, DC: American Association for the Advancement of Science; 2022

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  • Publication Title Science
    Issue Title Accessing the Loss and Damage Climate Fund
    Volume 378
    Issue No. 6626
    Author Dahiya, Bharat
    Okitasari, Mahesti
    Publication Date 2022-12-22
    Place of Publication Washington, DC
    Publisher American Association for the Advancement of Science
    Pages 1
    Language eng
    Abstract The 2022 United Nations Climate Change Conference, or Conference of the Parties (COP27), held in Sharm el-Sheikh, Egypt, in November, produced a long-awaited agreement to set up a global “Loss and Damage” fund. Under negotiation since the early 1990s, the fund’s primary purpose is to provide financial assistance to developing countries that are vulnerable to and suffering from the adverse effects of climate change, such as the destruction of physical and social infrastructure. The new funding arrangements will “focus on addressing loss and damage by providing and assisting in mobilizing new and additional resources”. Now that a decision to establish the fund has been made, the question of how vulnerable groups can access the money must be addressed.
    Keyword Loss and Damage fund
    Vulnerable population
    Copyright Holder The Authors
    Copyright Year 2022
    Copyright type All rights reserved
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    Created: Fri, 23 Dec 2022, 15:39:51 JST by Hanna Takemoto on behalf of UNU IAS