Tag: financing loss and damage
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From Framing to Financing #LossAndDamage
COP after COP, the global climate action community or the ‘Conference of Parties’ as it is officially called, has made endless efforts to define, measure, and attribute Loss and Damage. From Agreement to Protocol, from Mechanism and Network to Conference and Declaration to Dialogue1, we have been only discussing and asserting the need for climate…
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Financing loss and damage: A path to building the bridge
The Intergovernmental Panel on Climate Change (IPCC), the world’s premier body for climate science, released two crucial reports in early 2022 under its 6th Assessment Report that confirm what we already know: The climate crisis is an issue of the present and its impacts are already being felt across the world, with the hardest-hitting impacts…
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Developed countries can’t get out of paying for climate impacts
On the last official day of the 26th UN climate conference (COP26) in Glasgow, Scotland last year, over 150 countries representing more than five billion people put forward a proposal for the creation of the Glasgow Facility on Financing Loss and Damage to combat human-induced climate change as part of the final Glasgow Climate Pact.…
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Who were the true leaders at COP26?
Ever since COP26 ended, we have been bombarded with analyses on how good or bad it was. The COP26 Presidency claimed it was a great success, while the vulnerable developing countries left Glasgow in great dismay over the overturning of their demand for a “Glasgow facility” on “financing loss and damage”. They only got a…