Loss and Damage Fund: Time to walk the talk
PAST
EVENT
EVENT
Oct 02, 2024
15:30 - 17:00
Communities around the world are disproportionately bearing the brunt of climate change's destructive impact. The 'Loss and Damage Fund' has emerged as a crucial mechanism to mitigate the unequal burden of such climate-induced costs. However, in getting the Fund up and running, clarity is needed on several key issues—from questions regarding transparency and accessibility criteria to determining the sources and amounts of funding.
In anticipation of COP29 in November, this online Policy Dialogue will explore the pathway towards achieving full operationalisation of a 'Loss and Damage Fund' that is inclusive and effective, while elevating the perspectives of those the Fund is intended to aid. Furthermore, this event aims to understand tangible steps the EU can take in achieving this milestone.
The event is part of Connecting Europe’s event series on climate action across the globe, organised jointly with the Global Solutions Initiative.
Participation is open to EPC members, the Connecting Europe network, the media, and EU officials
Moderator
Speakers
The Sustainable Prosperity for Europe (SPfE) Programme explores the foundations and drivers for achieving a sustainable, resilient and competitive European economy.
Prospering within the planetary boundaries requires rethinking our economic model, including our production and consumption patterns, as well as our energy, mobility and food systems. It requires addressing the climate emergency and environmental degradation, as well as becoming smarter with the resources we have. The transition to the world we want must bring both businesses and people along, if it is to succeed.
The Paris Agreement and the Sustainable Development Agenda provide the direction for travel globally and in Europe, and the SPfE Programme engages in a debate on the drivers and the means for achieving our goals. The Programme focuses on areas where working together across the EU can bring significant benefits to the member states, citizens and businesses and can ensure sustainable prosperity within the limits of this planet.
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