Published: September 7th, 2023,
Last updated: May 28th, 2025

The debate on one of the hottest issues in international climate finance, the new loss and damage fund, is set for a showdown in October. Even at the third meeting of the Transitional Committee last week in the Dominican Republic, the various concepts for the new financial instrument were still far apart. In order to stay on schedule, a decision now has to be made at the Committee’s final meeting. It will be held from 17 to 20 October in Aswan, Egypt.