#lossanddamage — Public Fediverse posts

Carbon majors have raked in $30T in profits since 1985, while causing $20T in climate damages-enough to cover loss & damage costs and still keep $10T! 🌍💰 It's time for these giants to pay their fair share and fund climate justice. Read more 👉 https://climateanalytics.org/publications/carbon-majors-trillion-dollar-damages #ClimateJustice #LossAndDamage #CarbonMajors #ClimateAction #FossilFuels #COP28

Yet another assessment of #Climate #LossAndDamage, with yet another caveat that it's an #underestimate:

"It found average costs of $140bn (£115m) a year from 2000 to 2019. The latest data shows $280bn in costs in 2022.

The researchers said lack of data, particularly in low-income countries, meant the figures were likely to be seriously underestimated. Additional climate costs, such as from #CropYield declines and #SeaLevelRise, were also not included."

https://www.theguardian.com/environment/2023/oct/09/climate-crisis-cost-extreme-weather-damage-study

#COP27 #Achtergrond #LossandDamage

Wat is “loss and damage” en waarom wordt het een veelbesproken onderwerp op de volgende klimaattop? https://bit.ly/3zRsl3e

At #COP25, one of the focus areas of #climate talks is the review and further development of the Warsaw International Mechanism (#WIM). Following the current news and tweets from the conference, this issue has turned into one of the most contentious topics. States are struggling to find a consensus on a finance facility for #LossandDamage and mechanisms to strengthen support for impacted communities.

#ClimateChange #ClimateChangeAdapation #DisasterRiskManagement #EmergencyAid #WarsawMechanism

Forced from Home – Climate-fuelled #displacement, by #Oxfam

Using #disaster & #weather #migration data from Internal #Displacement Monitoring Centre #IDMC it concldes that "Climate-fuelled disasters were the number one driver of internal displacement over the last decade,forcing an estimated 20 million people a year from their homes". It calls for a review of the #WarsawMechanism for #LossandDamage at #COP25

https://media.oxfam.org.au/2019/12/climate-fuelled-disasters-forcing-people-from-homes
#ClimateChange #ClimateChangeAdapation #DisasterRiskManagement