When #CycloneDitwah hit ๐Ÿ‡ฑ๐Ÿ‡ฐ just days after the climate talks #COP30, it caused over $4 billion in damage.
The #LossAndDamageFund โ€” created for exactly this kind of crisis โ€” doesnโ€™t even have a quarter of that amount.
โšก๏ธThis isn't just a funding gap, it's a climate justice gap!
When #CycloneDitwah hit Sri Lanka just days after the climate talks #COP30, it caused over $4 billion in damage. The #LossAndDamageFund โ€” created for exactly this kind of crisis โ€” doesnโ€™t even have a quarter of that amount available. โ€ผ๏ธ This isn't just a funding gap, it's a climate justice gap โ€ผ๏ธ
Africa: Poor Countries Welcome Loss and Damage Fund's Call for Requests, Warn It Falls Short of Needs: [IPS] Our countries did not light this fire--but we are burning in its heat. And the smoke does not stop at our borders. --Evans Njewa, Least Developed Countries Group chair, when talking about the importance of the Loss and Damage Fund for LDCs http://newsfeed.facilit8.network/TPFz7L #LossAndDamageFund #ClimateJustice #EnvironmentalAwareness #LDCs #SustainableDevelopment
๐Ÿ’ฐ #LossAndDamageFund got - finally - operationalized ๐Ÿ’ฐ The FRLD launched its 1st Call for Funding Requests under the Barbados Implementation Modalities, beginning the long-awaited start-up phase. Read why this is not all good news ๐Ÿ‘‡ bsky.app/profile/ciel...

RE: https://bsky.app/profile/did:plc:64o5fedkduflzlhx5vgdeasw/post/3m5clv2jdqk2j
On the 1โƒฃ day of #COP30, the #LossAndDamageFund opened the call for proposals for its start-up phase. #COP30 must give guidance to scale the Fund in line with needs & to center justice, rights, without this the Fund risks becoming a climate bank with neither money nor remedy. A ๐Ÿงต
At #COP30: While we welcome the launch of the #LossAndDamageFund โ€” technically becoming operational three years after its establishment โ€” we can not avoid noticing how it is already failing the people it was promised to protect ๐Ÿ˜ฑ.
The Board of the #LossAndDamageFund is working on #Participation policies for civil society & Indigenous Peoples. But it is also thinking of establishing an Active Observer seat for the private sector ๐Ÿ˜ฑ. 160+ organizations are clear: #PeopleNotProfit: www.ciel.org/wp-content/u...
Bluesky

Bluesky Social
The #LossAndDamageFund is meant to serve most climate-vulnerable communities! The human right to participation must not be confused with corporate engagement. The Fund's Board has the duty to prioritize the voices of people affected by the #ClimateCrisis & #StopCorporateCapture.
Bluesky

Bluesky Social
Just & timely #ClimateFinance flows are critical in relieving debt stress in climate-vulnerable countries as they tackle a crisis they often have not caused. The #LossAndDamageFund presents a critical opportunity to make such flows a reality. www.ciel.org/only-two-day...

Only Two Days Left to Get It R...
Bluesky

Bluesky Social
No new pledges in sight for landmark climate reparation fund

Since rich countries promised $650 million to the so-called loss-and-damage fund last year, new pledges have dried up.

Canada's National Observer