Background: the loss and damage fund

Unverbindliche Klimaallianzen Klimakrise — Who has to pay how much for the damage and losses caused by the climate crisis will be discussed at COP28.

The loss and damage fund was adopted at COP27. How exactly it will work has now been determined at the climate conference in Dubai. However, there is still one major point of contention.

That’s what it’s about:

In early November, the Transition Committee (TC) of climate negotiators presented a draft for the structures of the loss and damage fund (LDF). The committee thus fulfilled a mandate from COP27. The compromise envisages the following:

That’s what it’s about:

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