Loss And Damage Fund

A loss and damage fund for climate change is a financial mechanism designed to provide financial support to countries and communities that are disproportionately affected by the impacts of climate change.

These impacts may include extreme weather events, sea level rise, and loss of biodiversity. The fund is meant to provide financial assistance to countries and communities that are unable to fully adapt to the impacts of climate change and are suffering significant loss or damage.

This could include financial support for infrastructure rebuilding, relocation of communities, and compensation for loss of livelihoods or resources.

The aim of the fund is to help vulnerable countries and communities mitigate the negative impacts of climate change and support their efforts to adapt to a changing climate.