KUALA LUMPUR - Philippine President Ferdinand "Bongbong" Marcos Jr. on Tuesday asked oil-rich Arab countries for ...

President Ferdinand Marcos Jr. on Tuesday renewed his call for developed countries to contribute to the Loss and Damage ...

Policymakers may have celebrated the creation of a “loss and damage” fund to support climate action in developing countries at last year’s COP climate talks, but securing sufficient finance for the ...

President Ferdinand R. Marcos Jr. made a strong pitch for climate justice during the 2nd ASEAN-Gulf Cooperation Council (GCC) ...

WASHINGTON, June 10, 2024—The World Bank’s Board of Executive Directors today approved the World Bank’s role as interim secretariat host and trustee of a fund for responding to loss and damage ...

[26] Without an agreed target for contributions to the Fund, alongside existing commitments falling significantly short of needs, there is a risk that demand for Loss and Damage funding ... or project ...

So far, however, the Loss and Damage Fund is tiny compared ... the disaster management community is getting creative about how it helps countries finance disaster risk reduction and response.

Kgaugelo Mkumbeni Research Officer, Climate Risk and Human Security ... middle-income countries that typically exacerbate debt burdens. The newly formed Loss and Damage Fund promises direct and rapid ...

Climate-vulnerable countries are pushing for a just loss and damage fund to help them recover from ... Severe flooding meanwhile carries the risk of deadly water-borne diseases.