A useful learning and networking opportunity for anyone interested in ESG: The Scaling practical solutions for tackling loss and damage in LDCs and SIDS free webinar on June 30.
Loss and damage is one of the most important issues for climate-vulnerable developing countries that are facing new types and forms of climate impact with higher intensity and frequency, which they are not equipped to handle.
These impacts are most acute in least developed countries (LDCs) and Small Island Developing States (SIDS), where vulnerability is high, and where the people have done least to contribute to the problem.
Tackling loss and damage is not straightforward and there isn’t one solution that fits all. The causes and impacts of loss and damage are highly varied, from sudden climate shocks to long range slow-onset events, and result in economic and non-economic impacts, such as loss of cultural heritage, language or identity.
Also, a country’s vulnerability depends on its existing infrastructure, socio-economic development, and manifests itself differently for different people.
Support and finance to address loss and damage therefore must be grounded in the everyday realities of loss and damage and tailored to the vulnerabilities of different people and places. It requires a comprehensive approach that is anticipatory and agile, as well as responsive to immediate, medium and long-term needs.
In this event, IIED, in partnership with ICCCAD and Risk Informed Early Action Partnership (REAP)aims to bring together LDCs, SIDS and other actors from vulnerable developing countries to jointly explore three critical questions and generate a shared understanding on what is needed to tackle loss and damage and create support behind these actions:
What works and in which contexts?
How such action and support can be delivered?
How it can be financed?
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