Abstract
Loss and damage has been defined as the impacts of climate change which are not avoided by mitigation, adaptation and other measures. Loss and damage includes permanent and irreversible losses such as to lives, livelihoods, homes and territory, for which an economic value can be calculated and also to non-economic impacts, such as the loss of culture, identity and biodiversity, which cannot be quantified in monetary terms. This brief articulates why finance for addressing loss and damage is both distinct from and related to other types of finance including adaptation, humanitarian assistance, Officia lDevelopment Assistance (ODA) and support for disaster risk management (DRM).
Further Information
| Collections | |
| Issue Date | 2021 |
| Rights Holders | Stamp Out Poverty, Heinrich Boll Stiftung, Practical Action, Bread for the World, Action Aid |