Loss and damage
France, Kenya set to launch Cop28 coalition for global taxes to fund climate action
The taskforce, set to be launched at Cop28, will consider the feasibility of levies on shipping, aviation, financial transactions and fossil fuels.
World Bank to initially host loss and damage fund under draft deal
Developing countries made key concession to land a draft deal on funding for climate victims, subject to political signoff at Cop28
Avoid our mistake: Don’t let World Bank host loss and damage fund
At the Global Partnership for Education, we paid a high price to be hosted by the World Bank. A loss and damage fund should be independent
World Bank controversy sends loss and damage talks into overtime
Developing countries are outraged by a proposal to host a climate loss and damage fund at the World Bank, painting it as a US power grab
Ministerial shows fault lines on climate loss and damage fund
On the sidelines of the UN general assembly, rich and poor countries were divided on how to deliver funds to victims of the climate crisis
US denies rigging loss and damage fund’s board in rich nations’ favour
The US wants extra seats for major donors to the fund on top of developed country representation, sparking accusations of “double counting”
Developing countries call for $100 billion loss and damage target
The 2030 target is one of several contentious proposals at negotiations in the Dominican Republic this week over a new loss and damage fund
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Kerry rejects “climate reparations” but praises loss and damage fund
Experts said that the term “climate reparations” implies liability, whereas the loss and damage fund will be filled on a voluntary basis
Identifying loss and damage is tough – we need a pragmatic but science-based approach
It’s often hard to judge whether a drought is weather-related or climate related and whether people are displaced by the drought or conflicts
Study: Fossil fuel firms owe $209bn a year for climate damage
A multi-billion dollar reparations scheme has been proposed for fossil fuel companies to atone for the damage caused by their greenhouse gas emissions
At Luxor talks, splits remain but hopes high for loss and damage fund this year
Negotiators have added an extra meeting to try and get talks finished by Cop28 – but splits over who pays and who receives funds remain
Cyclone Freddy prompts pleas for urgency on loss and damage finance
The first talks on how to set up a loss and damage fund were held this week. In the meantime, disaster-torn countries like Malawi appeal for urgent support.
I’m a COP veteran. Here are 3 suggestions for the new Loss and Damage fund
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.
Nature’s stewards under attack – Climate Weekly
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Loss and damage committee ready to start talks following Asian nominations
Six Asian countries will share two seats on the committee due to start work on establishing a fund for climate victims
Vulnerable nations set up alliance to prepare loss and damage action plans
Researchers are working with eight developing countries to pool resources and respond to climate disasters with local solutions
UN sets date for loss and damage talks, risking Asian no-show
Negotiators will gather in Egypt at the end of March to discuss a fund for climate victims, whether the Asia-Pacific group has nominated its members or not
Missed deadline raises risk of delays to loss and damage fund
Fewer than half the seats on a loss and damage transitional committee have been filled, holding up work to channel funds to climate victims
World Bank adaptation funds slept through Pakistan’s record flooding
A $100 million project was meant to protect Karachi slumdwellers from flooding, but instead made many homeless before work stalled