Puesta en marcha del Fondo para Pérdidas y Daños

This executive summary, produced by the Stockholm Environment Institute, Germanwatch, and ICCCAD, provides recommendations for the operationalization of the Loss and Damage (L&D) Fund established at COP27. The document analyzes existing financing mosaics to propose governance, access, and distribution structures that prioritize the needs of vulnerable communities in the Global South, emphasizing flexibility, inclusivity, and the use of grants over loans.

• Economic costs of climate-related losses and damages in the Global South are projected to reach between 290 and 580 billion dollars annually by 2030.
• The L&D Fund should diversify its funding sources beyond public money to include the private sector, philanthropic organizations, foundations, and innovative sources such as voluntary taxes and fees, while considering debt deferral and reforms to multilateral development banks.
• To ensure accessibility for the most vulnerable, the fund should implement simplified accreditation and due diligence requirements, particularly for small funding amounts, countries with limited capacity, or those in conflict-prone areas.
• Governance should be participatory and representative of civil society and community groups, potentially utilizing a multi-level system with a global board for oversight and regional or thematic boards for local fund distribution.
• Financing should prioritize grants and flexible programmatic funds over strictly defined projects, allowing countries to align spending with their own priorities.
• The fund should prioritize the most marginalized local communities, Small Island Developing States (SIDS), and countries without access to other funds, ensuring community leadership and ownership in the process.
• Rather than creating strict new categories, the L&D Fund should act as a connector to complement and create synergies with existing humanitarian aid, development, and disaster risk reduction initiatives.

APA

L., S., Z., S., I., B., L., A., C., L., & A., S. (2024). Puesta en marcha del Fondo para Pérdidas y Daños. Stockholm Environment Institute. https://www.sei.org/wp-content/uploads/2024/02/fondo-perdidas-danos-mosaico-financiacion-sei2024.012.pdf

Chicago

L., Schultheiß,, Shawoo, Z., Bakhtaoui, I., Ahmed, L., Lindsay, C., and Sircar, A. Puesta en marcha del Fondo para Pérdidas y Daños. Stockholm Environment Institute, 2024. https://www.sei.org/wp-content/uploads/2024/02/fondo-perdidas-danos-mosaico-financiacion-sei2024.012.pdf.

Wikipedia

{{cite report |last1=L. |first1=Schultheiß, |last2=Z. |first2=Shawoo, |last3=I. |first3=Bakhtaoui, |last4=L. |first4=Ahmed, |last5=C. |first5=Lindsay, |last6=A. |first6=Sircar, |title=Puesta en marcha del Fondo para Pérdidas y Daños |publisher=Stockholm Environment Institute |date=2024 |url=https://www.sei.org/wp-content/uploads/2024/02/fondo-perdidas-danos-mosaico-financiacion-sei2024.012.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{l2024puesta, author = {L., Schultheiß, and Z., Shawoo, and I., Bakhtaoui, and L., Ahmed, and C., Lindsay, and A., Sircar,}, title = {{Puesta en marcha del Fondo para Pérdidas y Daños}}, institution = {Stockholm Environment Institute}, year = {2024}, url = {https://www.sei.org/wp-content/uploads/2024/02/fondo-perdidas-danos-mosaico-financiacion-sei2024.012.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }