Alternate Title
Adding Complexity to the International Climate Finance Framework: The Loss and Damage Fund
Keywords
Loss and damage, climate change, mitigation, adaptation, climate finance
Abstract
This paper addresses the following questions: What does this new institution finance? How can the outputs or outcomes of its financing be assessed? How do they relate to the other institutions engaged in climate finance? Responding to these questions helps understanding why setting up this fund was controversial among climate negotiators and remains a source of potential problems legally and from the point of view of climate economics. This text is organized as follows: Section 1 briefly describes the different types of global institutions dedicated to climate finance. Section 2 discusses the genesis of the Loss and Damage Fund. Section 3 investigates the different challenges posed by the concept of loss and damage and the fund's establishment. Section 4 suggests some ameliorations to the Fund, focusing on assessing its outputs and outcomes. A conclusion ends this paper identifying potential for further research."
Recommended Citation
Henrique Schneider, Adding Complexity to the International Climate Finance Framework: The Loss and Damage Fund, 19 FIU L. Rev. 1061 (2025), https://doi.org/10.25148/lawrev.19.4.8.
