Klimawandel

Climate change is already a reality. At the same time, there is a gap regarding measures to manage climate risks and impacts in vulnerable developing countries. This study analyses existing and planned financial instruments and mechanisms in countries of the Climate Vulnerable Forum (CVF). Based on six key findings, a set of conclusions on knowledge gaps and open research questions, the necessary support from the international community as well as strenghened cooperation through partnerships are presented.

In addition to amplifying extreme weather events, climate change also causes or intensifies slow-onset processes such as sea-level rise, desertification, biodiversity loss or permafrost thaw. Both types of climate change impacts cause loss and damage, impede the enjoyment of human rights and can be drivers for human mobility. In contrast to extreme weather events, dealing with loss and damage caused by slow-onset processes in the context of climate change is still neglected – both at the national and international level. The publication series "Addressing Loss and Damage from Slow-Onset Processes" responds to this challenge and aims to foster awareness of the urgency to act in this area and provide input for processes at the national and international levels.

In addition to amplifying extreme weather events, climate change also causes or intensifies slow-onset processes such as sea-level rise, desertification, biodiversity loss or permafrost thaw. Both types of climate change impacts cause loss and damage, impede the enjoyment of human rights and can be drivers for human mobility. In contrast to extreme weather events, dealing with loss and damage caused by slow-onset processes in the context of climate change is still neglected, both at the national and international level.

This working paper by Germanwatch and NewClimate Institute studies how Multilateral Development Banks (MDBs) can operationalize their commitment to align financial flows with the Paris Agreement, focusing on alignment with the Paris temperature goal.