Loss and damage form 2025

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What is Loss Damage? Loss and damage refers to the negative effects of climate change that occur despite mitigation and adaptation efforts.
Loss and damage is a term used by the United Nations to describe the harms inflicted by climate change that go beyond what people can adapt to. It can include lives lost; monetary costs from the destruction of infrastructure, buildings, crops and other property; and the loss of entire places or ways of life.
Loss is damage, detriment, or suffering flowing from the act or omission of another. It is once this loss occurs that an action for damages or compensation can be brought. A common example of loss is that arising in personal injury cases.
Loss and damage refers to the economic and physical costs that developing countries are facing because of climate change. Many of these countries have done relatively little to cause climate change, but theyre experiencing heat waves, floods and other climate-related disasters.
These are things such as the costs of rebuilding infrastructure that has been damaged due a flood, or the loss of revenue from agricultural crops that were destroyed due to drought. Non-economic loss and damage are negative impacts where it is difficult or infeasible to assign a monetary value to.
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The Loss and Damage Fund is a climate finance mechanism created during the 27th Conference of Parties (COP), held in Egypt in 2022. The fund was designed to address loss and damage, to support communities when adaptation strategies are inadequate or implemented too late, and damage and risk has already happened.
Fund for Responding to Loss and Damage. In 2022 at COP27 countries agreed to establish new funding arrangements for assisting developing countries that are particularly vulnerable to the adverse effects of climate change.

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