A new coalition to address loss and damage emerges

During the 26th UN Climate Change Conference (COP26) in Glasgow, Scotland last year, developing countries put forward a proposal to create a Finance Facility for Loss and Damage (FFLD), which was not accepted by developed countries. Instead, they replaced it by setting up the Glasgow Dialogue on Finance for Loss and Damage, which would carry on for three years before it would have any outcome. Needless to say, this was a great disappointment for all the developing countries attending COP26. However, one important development that did happen in Glasgow outside the main COP event was the setting up of a new loss and damage fund by the First Minister of Scotland Nicola Sturgeon, who challenged others to match her contribution. Since then, the government of the province of Wallonia in Belgium has promised funds, as have several philanthropic foundations. More recently, Denmark was the first party to the United Nations Framework Convention on Climate Change (UNFCCC) to have allocated funds specifically for addressing loss and damage caused by climate change.

Read More:

Share This Article

Related Articles

India targets net-zero carbon emissions by 2070, says Modi

India’s economy will become carbon neutral by the year 2070, the country’s prime minster has announced at the COP26 climate crisis summit in Glasgow. The target date is two decades beyond what scientists say is needed to avert catastrophic climate impacts. India is the last of the world’s major carbon polluters to announce a net-zero target, with China saying it would reach that goal in 2060, and the United States and the European Union aiming for 2050.

COP26: What climate summit means for one woman in Bangladesh

China's carbon emissions are vast and growing, dwarfing those of other countries. Experts agree that without big reductions in China's emissions, the world cannot win the fight against climate change. In 2020, China's President Xi Jinping said his country would aim for its emissions to reach their highest point before 2030 and for carbon neutrality before 2060. His statement has now been confirmed as China's official position ahead of the COP26 global climate summit in Glasgow. But China has not said exactly how these goals will be achieved.

Why China's climate policy matters to us all

China's carbon emissions are vast and growing, dwarfing those of other countries. Experts agree that without big reductions in China's emissions, the world cannot win the fight against climate change. In 2020, China's President Xi Jinping said his country would aim for its emissions to reach their highest point before 2030 and for carbon neutrality before 2060. His statement has now been confirmed as China's official position ahead of the COP26 global climate summit in Glasgow. But China has not said exactly how these goals will be achieved.

Deliver on promises, developing world tells rich at climate talks

A crucial U.N. conference heard calls on its first day for the world's major economies to keep their promises of financial help to address the climate crisis, while big polluters India and Brazil made new commitments to cut emissions. World leaders, environmental experts and activists all pleaded for decisive action to halt the global warming which threatens the future of the planet at the start of the two-week COP26 summit in the Scottish city of Glasgow on Monday. The task facing negotiators was made even more daunting by the failure of the Group of 20 major industrial nations to agree ambitious new commitments at the weekend.