What is Loss and Damage (L&D)?
- L&D refers to climate-induced harms that exceed the limits of adaptation, including:
- Economic losses: Crop failure, property damage, job losses
- Non-economic losses: Health impacts, loss of education, cultural heritage
- Triggered by sudden disasters (cyclones, floods) & slow-onset events (sea-level rise, erosion)
- Despite global recognition and the creation of a Global L&D Fund at COP28, current global pledges cover less than 0.2% of annual losses faced by developing nations, making domestic inclusion urgent.
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