As we enter this third era of loss and damage, for which no country is really prepared, the whole world will need to find better ways of cooperation within and across national boundaries.
Public financing from developed countries will never be sufficient.
While commitment is the first step, finance is the most important means for implementation of climate commitments. But in this case, there are huge gaps, as pledges remain unfulfilled.
The estimates of the total losses and damages run into many trillions of US dollars.
More investment is needed in research work to understand the dynamics and impact of loss and damage in climate-vulnerable communities.
In December 2015 in Paris, at the 21st annual Conference of Parties (COP21) of the United Nations Framework Convention on Climate Change (UNFCCC), 174 countries, including the United States of America under then President Obama, agreed to the Paris Agreement on Climate Change
The 24th Conference of the Parties (COP24) of the UN Framework Convention on Climate Change (UNFCCC) is going to be held in Katowice, Poland from December 2 to December 14, 2018.
In the Paris Agreement on climate change, which was agreed on in December 2015 at the 21st Conference of Parties (COP21) of the United Nations Framework Convention on Climate Change (UNFCCC)
In the run-up to the negotiations under the United Nations Framework Convention on Climate Change (UNFCCC) in its 21st Conference of Parties (COP21) in December 2015, one of the most politically contentious issues was whether the limit of the long-term global temperature rise should be kept at 2 degrees centigrade or changed to 1.5 degrees.