Search

Begin New Search Topic Loss and Damage (L&D) Publication Year within 1 Year

1. Can the World Bank Deliver on Climate Change? Testing the Evolution Roadmap through Loss and Damage

Author:
Michael Franczak
Publication Date:
04-2024
Content Type:
Working Paper
Institution:
International Peace Institute (IPI)
Abstract:
The establishment of a new Loss and Damage Fund and Funding Arrangements at COP27 and the Fund’s operationalization and initial capitalization at COP28 were milestones in the UN climate regime. The World Bank engaged in the Transitional Committee (TC) process as a potential host and trustee for the Fund, a member of a new “High-Level Dialogue,” and a direct provider of loss and damage (L&D) support. The implementation of the Fund and Funding Arrangements—the mosaic—is the first big test of the World Bank’s commitment to evolving its policies, practices, and relationships. This paper discusses the World Bank’s engagement with loss and damage, including the context of broader reforms aiming to modernize the Bank, such as the Bank’s Evolution Roadmap, which identifies three guiding elements for the Bank’s evolution: a new mission and vision, a new playbook, and new resources. One of the key components of the Bank’s evolution is the introduction of climate-resilient debt clauses (CRDCs) or “pause clauses.” Pause clauses feature prominently in recent initiatives to reform the international financial architecture, such as Bridgetown 2.0, the Africa Climate Summit’s Nairobi Declaration, and the Vulnerable Twenty Group’s (V20) Accra-Marrakech Agenda. The paper also discusses the debate over the World Bank’s hosting of the Fund and the set of conditions and safeguards, determined by developing countries, that the Bank would have to meet in order to host the Fund. Finally, the paper discusses priority actions for the High-Level Dialogue, including resource mobilization, institutional protocols, and the losses and damages of the future.
Topic:
Climate Change, World Bank, Loss and Damage (L&D), and Conference of the Parties (COP)
Political Geography:
Global Focus

2. Inclusion of Loss and Damage as a Subgoal in the New Collective Quantified Goal (NCQG)

Author:
International Centre for Climate Change and Development (ICCCAD)
Publication Date:
11-2024
Content Type:
Policy Brief
Institution:
International Centre for Climate Change and Development (ICCCAD)
Abstract:
The policy brief demonstrates how incorporating Loss and Damage (L&D) into the New Collective Quantified Goal (NCQG) being discussed currently at COP 29 will address not only the equity gap for developing countries, but also provide a well-rounded and well-defined climate finance landscape. By anchoring L&D as a distinct component within the NCQG, developing countries can secure finances to respond to unavoidable climate impacts and non-economic loss and damage, ensuring a more comprehensive and just response to the climate crisis.
Topic:
Climate Change, Development, Climate Finance, Equity, Loss and Damage (L&D), and Conference of the Parties (COP)
Political Geography:
Global Focus

3. Carbon Inequality Kills: Why curbing the excessive emissions of an elite few can create a sustainable planet for all

Author:
Mira Alestig, Dabi Nafkote, Abha Jeurkar, Alex Maitland, Max Lawson, Daniel Horen Greenford, Corey Lesk, and Ashfaq Khalfan
Publication Date:
10-2024
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
The only way to beat climate breakdown and deliver social justice is to radically reduce inequality. This briefing paper reveals the catastrophic climate impacts of the richest individuals in the world, and proposes taking urgent action to protect people and the planet. What little carbon dioxide we can still safely emit is being burned indiscriminately by the super-rich. We share new evidence of how the yachts, jets and polluting investments of the 50 richest billionaires are accelerating the climate crisis. Oxfam’s research shows that the emissions of the world’s super-rich 1% are causing economic losses of trillions of dollars; contributing to huge crop losses; and leading to millions of excess deaths. As global temperatures continue to rise, risking the lives and livelihoods of people living in poverty and precarity, we must act now to curb the emissions of the super-rich and make rich polluters pay.
Topic:
Climate Finance, Investment, Loss and Damage (L&D), Conference of the Parties (COP), and Billionaires
Political Geography:
Global Focus

4. Unheard Water Stories from Asia, Africa and MENA: Elevating local voices for water security in a climate insecure world

Author:
Nuzhat Nueary
Publication Date:
11-2024
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
This paper shares stories from six countries—Bangladesh, Nepal, Kenya, Somalia, Syria, and Iraq—highlighting the challenges communities face in accessing water. It seeks to bring forward the unique perspectives of communities from diverse backgrounds, each experiencing water crises in distinct ways. While climate change intensifies their crises, many communities also face marginalization due to exclusionary water governance. The impacts are further compounded by factors such as gender, poverty, ethnicity, and race. However, the voices and perspectives of these communities are often overlooked in global climate discussions.The paper aims to highlight these diverse community experiences and advocate for the inclusion of local voices and leadership in climate actions and interventions to ensure fairer access to water. As global climate events like COP-29 unfold, it calls on governments to create inclusive climate policies, integrate water issues into loss and damage discussions, actively involve women and local voices, and urge rich, polluting nations to compensate those most affected by historic and ongoing carbon emissions.
Topic:
Climate Change, Migration, Water, Governance, Climate Finance, Land Rights, Drought, Loss and Damage (L&D), Gender Equality, Water Insecurity, and Salinity
Political Geography:
Bangladesh, Kenya, Africa, Iraq, South Asia, Middle East, Nepal, Syria, and Somalia

5. A climate loss and damage fund that works

Author:
Melanie Pill and Georgia Hammersley
Publication Date:
09-2024
Content Type:
Policy Brief
Institution:
Lowy Institute for International Policy
Abstract:
The new Fund for responding to Loss and Damage should adopt a clear allocation mechanism based on recipient countries’ vulnerability, emission contributions, and climate change policies. Loss and Damage solutions are unlikely to result in clear financial returns, and the Fund should therefore focus on providing fast and efficient grant-based finance to the most vulnerable countries. Simplified procedures for countries and organisations to access financing and a flexible suite of implementation approaches are key. To raise more financial support, the Fund should explore the potential for engagement with philanthropies and encourage donor countries to adopt voluntary market mechanisms such as levies to raise additional funds.
Topic:
Climate Change, Climate Finance, and Loss and Damage (L&D)
Political Geography:
Global Focus