What does effective loss and damage finance look like from a resilience perspective?

COP 27 Resilience Hub
8 November // 10:30 to 11:30 (UTC +2)

Speakers

Mamadou Sylla
Aholotu Palu, CEO, PCRIC
Selita Pulini Tikoibua, LYDC
Brenda Mwale, Chief Operations Officer,Green Girls Platform
Ritu Bharadwaj, Principal Researcher, International Institute for Environment and Development (IIED)

Summary

Over the past several years it has become even clearer that loss and damage work is not the same as adaptation and requires its own funding stream. Communities will need access to reliable streams of finance to not only make up for the increasing losses and damages they face, but to also build resilience to the most dire effects of climate change, and – if necessary – relocate. As climate impacts get more severe, the issue of loss and damage financing has an increasingly raised profile. The need for a loss and damage finance facility is becoming ever more apparent. This session aims to complement discussions in this year’s negotiations and will consider a set of issues around meeting L&D needs through effective investments and financial instruments.

Organisers

Loss and Damage Youth Coalition (LDYC)
World Resources Institute
International Institute for Environment and Development (IIED)
InsuResilience Global Partnership

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