UNFCCC COP27 COP30

GLOBAL LOSS AND DAMAGE FUND: ORIGINS, FEATURES, SIGNIFICANCE, CHALLENGES, WAY FORWARD

The Fund for Responding to Loss and Damage (FRLD) faces depletion by 2027, with only $448 million provided against a $400 billion annual requirement. This funding gap threatens vulnerable nations like India. Experts advocate for mandatory reparations through innovative climate taxes.