Operationalising the Loss and Damage Fund
The 27th UN Climate Conference (COP27) concluded with the groundbreaking agreement to establish a new loss and damage (L&D) fund. This significant development aims to enable vulnerable countries to respond to and recover from climate impacts. The report emphasises that the design and operation of the L&D fund will be significantly influenced by its intended scope. With diverse opinions among stakeholders on the fund's optimal design, the selection process for these recommendations is of paramount importance.