Climate Policy Brief 14, August 2014
Loss and Damage Mechanism Set Up for Climate Change
The UN Climate Conference held in Warsaw has set up a new international mechanism to help developing countries affected by loss and damage from climate change, such as the Philippines typhoon.
The setting up of a loss and damage international mechanism was the major achievement of the 19th Conference of Parties of the UNFCCC (COP19) that ended on Saturday, 23 November 2013 evening, a full day after its scheduled conclusion.
Other major outcomes of the Conference was a decision on how to proceed with negotiations on the Durban Platform, and seven decisions on climate finance. On the latter issue, the developing countries were deeply disappointed that what they termed as the Finance COP yield-ed hardly any concrete results except a topping up of funds for the depleted Adaptation Fund.
This article was tagged: Climate Change, Climate Financing, Climate Policy Briefs, Conferences of the Parties (COP), Durban Platform, Environmentally Sound Technology, Green Economy, United Nations Framework Convention on Climate Change (UNFCCC)