To ask the President of COP26, if he will use the remainder of his time as COP President to establish a process to identify (a) the scale of funding required to address loss and damage and (b) suitable mechanisms to deliver that finance to developing countries.
23 November 2021
In Glasgow, COP26 made progress on the issue of loss and damage. It agreed to establish a process to discuss the funding of actions to avert, minimise and address loss and damage. It also recognised that funding for loss and damage already flows from a number of sources and called for this to be scaled up. COP further agreed on practical steps to deliver technical assistance to countries to set the needs they have and the action required on loss and damage.
In our Presidency year, we will be taking forward the decision made at COP, facilitating and encouraging further progress on the issue of loss and damage.