The Santiago Network on Loss and Damage (SNLD) was established at COP25/CMA2, “as part of the Warsaw International Mechanism,…for averting, minimizing and addressing loss and damage associated with the adverse effects of climate change, to catalyse the technical assistance of relevant organizations, bodies, networks and experts, for the implementation of relevant approaches at the local, national and regional level, in developing countries that are particularly vulnerable to the adverse effects of climate change” . At COP26/CMA3, Parties agreed to the six functions of SNLD. Furthermore, at COP26, Parties agreed to continue working to design effective institutional arrangements, operational modalities, and financial arrangements for SNLD to deliver its functions efficiently through subsequent SB negotiations, with a decision to be made at COP27/CMA4 in 2022.
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