COP21 Paris 2015 - Loss and Damage in the Paris Agreement and the Green Climate Fund and the Paris Agreement

COP21 Paris 2015 - Loss and Damage in the Paris Agreement and the Green Climate Fund and the Paris Agreement

Loss and damage constituted one of the most debated topics at the Paris climate talks, and its inclusion in the final text remained controversial until the final hours of negotiations. This briefing note examines what was agreed in light of the history of negotiations on loss and damage under the UNFCCC and considers what the Paris Agreement means for action on loss and damage going forward.

The Paris Agreement and the supporting Decision include provisions on finance that both directly and indirectly relate to the role and operation of the Green Climate Fund (GCF). This Climate Focus client brief presents our assessment of what the Paris Agreement means for climate finance, and in particular how it relates to the role and modalities of the GCF.