Puesta en marcha del Fondo para Pérdidas y Daños: Aprender de los beneficiarios previstos
Summary
This report, published by the Stockholm Environment Institute, provides recommendations for the operationalization of the Loss and Damage (L&D) Fund established at COP27. Based on focus groups with stakeholders from the Global South, the document outlines strategies to ensure the fund is inclusive, accessible to local actors, and capable of addressing both economic and non-economic losses while upholding human rights and climate justice.
Key insights
- The report recommends that the Loss and Damage Fund adopt participatory and representative decision-making processes. This includes ensuring the independence of decision-makers, distributing power among participants, and providing meaningful representation for vulnerable and marginalized groups, such as youth, women, indigenous peoples, and LGBTQIA+ individuals. Suggested measures include reserving seats for civil society on the fund's board or creating thematic and regional advisory groups.
- There is a critical need for a direct access mechanism for local applicants to bypass the slow implementation and potential exclusion associated with national government processes. The report suggests a specific mechanism for local recipients to receive funds independently, which could include small grants or direct cash transfers for survival and recovery to households and NGOs, particularly the most disadvantaged.
- To support vulnerable populations and organizations with limited technical capacity, the report proposes a 'learning-by-doing' approach. This would involve allowing initial access to funds through small pilot projects that serve as a guarantee for larger future investments, utilizing flexible due diligence requirements based on project risk.
- The fund should employ comprehensive approaches that address the full spectrum of loss and damage, including non-economic losses such as mental health services and ecosystem restoration. The report suggests using value- and need-based approaches rather than strict categories to define eligible activities, ensuring that human rights and dignity guide recovery efforts.
- Economic costs of loss and damage in the Global South are projected to reach between 290 and 580 billion dollars annually by 2030.
- The report identifies several barriers to accessing climate finance, including complex and restrictive procedures for local actors and small island states, delays in disbursement, language barriers, and a mismatch between the priorities of funders and the needs of beneficiaries.
Cite the original document
- APA
- I., B., N., N., Z., S., A., B. M., S.M., S. I., & F., H. (2024). Puesta en marcha del Fondo para Pérdidas y Daños: Aprender de los beneficiarios previstos. Stockholm Environment Institute. https://www.sei.org/wp-content/uploads/2024/02/fondo-perdidas-danos-beneficiarios-sei2024.013.pdf
- Chicago
- I., Bakhtaoui,, Naushin, N., Shawoo, Z., Binte Mirza, A., Saify Iqbal, S.M., and Hossain F. Puesta en marcha del Fondo para Pérdidas y Daños: Aprender de los beneficiarios previstos. Stockholm Environment Institute, 2024. https://www.sei.org/wp-content/uploads/2024/02/fondo-perdidas-danos-beneficiarios-sei2024.013.pdf.
- Wikipedia
- {{cite report |last1=I. |first1=Bakhtaoui, |last2=N. |first2=Naushin, |last3=Z. |first3=Shawoo, |last4=A. |first4=Binte Mirza, |last5=S.M. |first5=Saify Iqbal, |last6=F. |first6=Hossain |title=Puesta en marcha del Fondo para Pérdidas y Daños: Aprender de los beneficiarios previstos |publisher=Stockholm Environment Institute |date=2024 |url=https://www.sei.org/wp-content/uploads/2024/02/fondo-perdidas-danos-beneficiarios-sei2024.013.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{i2024puesta, author = {I., Bakhtaoui, and N., Naushin, and Z., Shawoo, and A., Binte Mirza, and S.M., Saify Iqbal, and F., Hossain}, title = {{Puesta en marcha del Fondo para Pérdidas y Daños: Aprender de los beneficiarios previstos}}, institution = {Stockholm Environment Institute}, year = {2024}, url = {https://www.sei.org/wp-content/uploads/2024/02/fondo-perdidas-danos-beneficiarios-sei2024.013.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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