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loss and damage fund

project

Tracked since 2023-11-22

Since 2022-11-01

fund Fund
5
Mentions
31
Connections
0.95
Salience
5
Events
2023-12-13
Last Mention

Fund operationalised to aid vulnerable countries in repairing climate damage.

The loss and damage fund is a climate finance mechanism operationalized at COP28 to support vulnerable countries in addressing climate-related losses and damages. It was established after years of negotiations, with over $420 million pledged on the first day.

Role climate finance fund for vulnerable countries
Affiliation UNFCCC
Location International (proposed to be hosted by World Bank)