Society & Sustainability

Thammasat Examines the Uphill Battle of Accessing the ‘Loss and Damage’ Climate Fund

Dr. Bharat Dahiya, Director of Research Center for Sustainable Development and Innovation, School of Global Studies, Thammasat University, Thailand, and Dr. Mahesti Okitasari at United Nations University, Japan, wrote an article in the prestigious Science journal on the challenge of accessing the “Loss and Damage” climate fund.

One of the achievements of the United Nations Climate Change Conference, or Conference of the Parties (COP27), held in Sharm el-Sheikh, Egypt, in November 2022, was a long-awaited agreement to set up a global “Loss and Damage” fund. The primary purpose of the proposed fund is to provide financial assistance to developing countries which are vulnerable to and suffering from the adverse effects of climate change, such as the destruction of physical and social infrastructure.

With the decision to establish the “Loss and Damage” fund, an important question arises: how vulnerable groups in developing countries can access the money must be addressed?

The article, “Accessing the Loss and Damage Climate Fund”, outlines the ways in which people living in developing countries, many of whom are climate refugees, can access the “Loss and Damage” fund. It can be accessed on the website of Science journal here.

The article has been republished in “Our World”, an online portal of the United Nations University.

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