loss and damage finance (Q1346)
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Funding provided to help pay for the economic harm from climate change that cannot be completely prevented by adaptation measures.
- l&d finance
- finance for loss and damage
- l & d finance
- financing loss and damage
- finance for loss & damage
- financing loss & damage
- finance for addressing loss and damage
- finance for addressing loss & damage
- financing for addressing loss and damage
- financing for addressing loss & damage
- funding for addressing loss and damage
- funding for addressing loss & damage
- funding for loss and damage
- funding for loss & damage
- loss and damage funding
- loss & damage funding
- l&d funding
- l & d funding
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | loss and damage finance |
Funding provided to help pay for the economic harm from climate change that cannot be completely prevented by adaptation measures. |
|
Statements
Climate finance encompasses financial actors and resources primarily directed towards climate change mitigation, adaptation and compensation. It is characterised by its specific intent to address the challenges and impacts of climate change. Loss and damage finance refers to financial mechanisms that cover the significant and often unavoidable economic costs from climate change impacts that remain even after the most effective adaptation measures are applied, particularly in vulnerable regions, as illustrated by integrated economic models that compare optimal adaptation spending with the persistent residual damages.