Key negotiations around the Loss and Damage Fund are underway in Egypt this week.
The Transitional Committee, a blend of representatives from both high-income and developing countries, is delving into the specifics of the Loss and Damage Fund. This innovative financial framework is designed to allow wealthy nations to support to developing and small island states confronting the harsh realities of climate change.
The overwhelming costs of the climate crisis โ in the trillions of dollars โ weigh heavily on these vulnerable communities, inflicting not just financial tolls but also affecting countless lives. While these communities disproportionately face the consequences of climate change, the onus rests squarely on the shoulders of the wealthier nations responsible for the vast majority of carbon in the atmosphere.
Against this backdrop, it is vital to ensure that these at-risk regions are not left to fend for themselves. Join us in delivering this pressing message to global leaders to finance a robust Loss and Damage Fund by signing the petition.
