Development Futures: A climate loss and damage fund that works
In this episode, we delve into the United Nations Loss and Damage Fund, the most concrete effort to address restitution for those impacted by climate change. As the recently appointed board begins crafting a global fund to financially support climate victims, much remains unresolved, including complex questions about who is eligible for money and how they can access it, how to quantify intangible impacts such as the loss of traditional knowledge, and how the Fund itself can raise enough resources to cover escalating costs. To explore these questions, Alexandre Dayant, Deputy Director of the Indo-Pacific Development Centre, talks with IPDC climate experts Dr Melanie Pill and Georgia Hammersley, who recently authored a Lowy Institute Policy Brief outlining recommendations for the Fund’s structure.
You can access the Policy Brief here: A climate loss and damage fund that works