Financing Loss and Damage


Bonn, 17.05.2016


German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE)

The workshop kicked off with an introduction to the idea of Loss and Damage in the context of the UNFCCC and set the stage to discuss how the issue of Loss and Damage has been evolving since COP-19 in Warsaw via COP-21 in Paris towards COP-22 in Marrakesh and beyond. Dedicated workshop sessions notably included a review of pertinent language in the UNFCCC's Warsaw International Mechanism (WIM), the Paris Agreement, and documents of the WIM Executive Committee, and discussed different financing options and their appropriateness for addressing Loss and Damage in the context of the UNFCCC.

Specifically, the workshop

  • discussed the WIM Excomm's Action Area 7 text, which mentions comprehensive risk management capacity with risk pooling and transfer; catastrophe risk insurance; contingency finance; climate-themed bonds and their certification; catastrophe bonds; financing approaches to making development climate resilient, and other innovative financial instruments and tools
  • reviewed innovative financial instruments including a Financial Transaction Tax, the International Air Travel Adaptation Levy (IATAL), the Solidarity levy, Bunker fuels levy, Fossil fuel majors tax/levy (carbon levy), a global carbon tax, and others, and discuss their appropriateness and political barriers and avenues for progress.

Hinweis / Please note

Während unserer Veranstaltungen werden z.T. Foto- und/oder Filmaufnahmen gemacht, die für Zwecke der Veranstaltungsberichterstattung und allgemeinen Öffentlichkeitsarbeit in verschiedenen Medien veröffentlicht werden. Sie haben jederzeit das Recht, die Foto- oder Videograf*innen darauf hinzuweisen, dass Sie nicht aufgenommen werden möchten.

During our events photos and/or videos may be taken which may be published in various media for the purposes of documentation and PR activities. You have the right at any time to point out to the photographer or videographer that you do not want to be photographed or filmed.


Datum / Uhr
17.05.2016 / 12:30 - 19:00


German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE)
Tulpenfeld 6
53113 Bonn

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