The whos and hows of allocating loss and damage funds

During the negotiations on funding for loss and damage in COP27 in Egypt last November, representatives of developed countries had a lot of reservations about such a proposal. My answer to them was that, while their questions were quite legitimate, they would only get answers after we received a political commitment from their leaders to establish the funding mechanism in the first place. Fortunately, the leaders of all the countries agreed to establish the funding mechanism at COP27 and also to set up a Transitional Committee to address the questions that were being asked. The negotiations at COP28 in Dubai in November this year will be when we will once again agree on how to address those questions and get the funding up and running.

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