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WEBINAR | 02 April 2025 | 06:00 GMT / 15:00 GMT

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#LossAndDamageFund

OVERVIEW OF THE SESSION

PART I: What was achieved by the FRLD to date?
PART II: What will happen in 2025 on the FRLD / What we need to see?
PART III: What will happen at the fifth board meeting? / What are the key issues?
PART IV:What will happen at the High Level Dialogue?
PART V: What can you do?
PART VI: Q&A

In this session:

Today's webinar will cover the following:

PART I: What was achieved by the FRLD to date?
PART II: What will happen in 2025 on the FRLD / What we need to see?
PART III: What will happen at the fifth board meeting? / What are the key issues?
PART IV: What will happen at the High Level Dialogue?
PART V: What can you do?
PART VI: Q&A

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#LossAndDamageFund

LOGISTICS

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Slides show:

The slideshow will be shared in the chat (English)�

Chat:

Tell us who you are and where you are coming from in the chat
Use the chat for any comments / thoughts you want to share�

Q&A

Please raise your hand to ask questions (please keep questions short so that we can answer as many as possible) or ask a question in the chat.

PART I: What was achieved by the FRLD to date?
PART II: What will happen in 2025 on the FRLD / What we need to see?
PART III: What will happen at the fifth board meeting? / What are the key issues?
PART IV:What will happen at the High Level Dialogue?
PART V: What can you do?
PART VI: Q&A

In this session:

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#LossAndDamageFund

INTRODUCTION

Since July 2023, Earth’s average temperatures have been at least 1.5°C (2.7° Fahrenheit) above pre-industrial levels. A recent World Meteorological Organization report on 2024, the hottest year on record, lays bare the devastating loss and damage the climate crisis is already causing. Reporting that there were 151 unprecedented extreme weather events and more than 800,000 people were displaced and made homeless.

The historic decision to set up the Fund for Responding to Loss and Damage (FRLD) came after a 30 year delay, due to developed countries blocking progress on addressing loss and damage.

With the Fund now institutionally set-up, this webinar looks at what needs to happen in 2025 to ensure that a fit for purpose Fund starts to deliver urgently needed Loss and Damage finance to countries and communities on the frontlines of the climate crisis in the Global South.

PART I: What was achieved by the FRLD to date?
PART II: What will happen in 2025 on the FRLD / What we need to see?
PART III: What will happen at the fifth board meeting? / What are the key issues?
PART IV:What will happen at the High Level Dialogue?
PART V: What can you do?
PART VI: Q&A

In this session:

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WHAT HAS BEEN ACHIEVED TO DATE

BY THE FUND FOR RESPONDING TO

LOSS AND DAMAGE

PART I

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WHAT HAS BEEN ACHIEVED TO DATE? : MILESTONES

Through 2024 the Board of the FRLD has completed key milestones mandated under the decisions from COP 28 / CMA 5 operationalising the Fund for its institutional set-up. This included:

Selecting the Fund’s first Executive Director (Ibrahima Cheikh Diong);
Selecting the host country for the Board (The Philippines);
Confirming at COP 29 that the World Bank, with the signed hosting arrangements, is able to fulfill the conditions set out in the COP 28/CMA 5 decision to operationalise the Fund as a World Bank-hosted Financial Intermediary Fund (FIF), thereby triggering a 4 year interim hosting period until COP 33;

Entering into hosting arrangements with the World Bank as interim host of the Fund’s secretariat; and;
Entering as part of hosting arrangements into an interim Trustee Agreement with the World Bank (i.e. setting up the bank account where the money paid into the Fund will be held).

PART I: What was achieved by the FRLD to date?
PART II: What will happen in 2025 on the FRLD / What we need to see?
PART III: What will happen at the fifth board meeting? / What are the key issues?
PART IV:What will happen at the High Level Dialogue?
PART V: What can you do?
PART VI: Q&A

In this session:

Resource mobilisation not part of the agenda, but the need for the Fund to operate at a significant scale, reflecting the immense and urgent needs of those affected by climate change, was fully articulated. We are talking high billions every year if not more. New Collective Quantified Goal, however, was not mentioned at all during this Board meeting - which could be a way to anchoring Loss and Damage as a subgoal in binding paths to ensure scale.

Clear opinion that fund cannot do ‘business as usual’, this includes how to actively hear the voices and solutions of the frontline communities in the deliberations of the Board and design around that. Differences North/South & compromise in Governing Instrument.

Developing Countries:

Select an Executive Director able to leverage rapidly billions
Strong emphasis on direct access to funds and the need for grants over loans to avoid additional debt burdens.
Advocacy for the Fund to address the unique vulnerabilities of their countries and to be managed autonomously without excessive influence from developed countries.
Concerns over the World Bank’s historical policies and practices that might not align with the needs of the most vulnerable. Also some noted that this Fund is not a business proposition. As Observers put it: “there is no business here”.

Developed Countries:

Support for the Fund’s operationalization but with an emphasis on efficiency, rapid disbursement, cost-effectiveness, and leveraging existing mechanisms.
Some reluctance to fully endorse direct access mechanisms without stringent fiduciary and administrative controls.
Emphasis on utilising established frameworks and ensuring that new mechanisms do not undermine existing financial and operational standards and necessity to create a strong business model.

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WHAT HAS BEEN ACHIEVED TO DATE? : PLEDGES

Since the FRLD’s operationalisation at COP 28 in Dubai in the United Arab Emirates, the Fund has received:

Only 765.59 million USD has been pledged (this is money promised to the FRLD); and;
Of this only 469.42 million USD has been converted into signed contribution agreements (agreements to make payment), with only 261.76 million USD actually paid into the FRLD Trust Fund so far.

Is this enough? No! The Loss and Damage needs of developing countries are projected to be in the hundreds of billions of dollars each year in the 2020’s:

This paper from the Loss and Damage Collaboration and Heinrich-Böll-Stiftung Washington, DC estimated that the FRLD will need at least 400 billion USD each year in the 2020’s.
E conomic quantification has suggested that developing countries Loss and Damage needs will be 395 [128–937] billion USD in 2025.

Failure to deliver Loss and Damage finance at scale will see the countries and communities least responsible for the climate crisis continuing to pick up the bill!

PART I: What was achieved by the FRLD to date?
PART II: What will happen in 2025 on the FRLD / What we need to see?
PART III: What will happen at the fifth board meeting? / What are the key issues?
PART IV:What will happen at the High Level Dialogue?
PART V: What can you do?
PART VI: Q&A

In this session:

Resource mobilisation not part of the agenda, but the need for the Fund to operate at a significant scale, reflecting the immense and urgent needs of those affected by climate change, was fully articulated. We are talking high billions every year if not more. New Collective Quantified Goal, however, was not mentioned at all during this Board meeting - which could be a way to anchoring Loss and Damage as a subgoal in binding paths to ensure scale.

Clear opinion that fund cannot do ‘business as usual’, this includes how to actively hear the voices and solutions of the frontline communities in the deliberations of the Board and design around that. Differences North/South & compromise in Governing Instrument.

Developing Countries:

Select an Executive Director able to leverage rapidly billions
Strong emphasis on direct access to funds and the need for grants over loans to avoid additional debt burdens.
Advocacy for the Fund to address the unique vulnerabilities of their countries and to be managed autonomously without excessive influence from developed countries.
Concerns over the World Bank’s historical policies and practices that might not align with the needs of the most vulnerable. Also some noted that this Fund is not a business proposition. As Observers put it: “there is no business here”.

Developed Countries:

Support for the Fund’s operationalization but with an emphasis on efficiency, rapid disbursement, cost-effectiveness, and leveraging existing mechanisms.
Some reluctance to fully endorse direct access mechanisms without stringent fiduciary and administrative controls.
Emphasis on utilising established frameworks and ensuring that new mechanisms do not undermine existing financial and operational standards and necessity to create a strong business model.

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WHAT HAS BEEN ACHIEVED TO DATE? : KEY DECISIONS

In 2024 the Board of the FRLD held four meetings. In addition to the milestones listed previously, the Board was also able to agree on the following key policies and decisions:

Additional Rules of procedure (AROP): detailing how Board meetings should be conducted, including the frequency and format of meetings, related document release, and the role of alternate Board members and advisors (see agenda item 7);
Travel policy: detailing funding support for developing country Board members, alternates and advisers (see Annex II);
Interim procedures for observer participation: allowing one member each of UNFCCC observer constituencies in Board meetings to speak as ‘active observers’ while an active observer policy is developed (expected B.6);

Agreement on blanked accreditation approach for observer organizations accredited to the UNFCCC, and multilateral climate funds (e.g. the Green Climate Fund);
Board dialogue with civil society at each meeting;

Transition plan and budget for shift from interim Secretariat (GCF, UNDP and UNFCCC) to the independent Secretariat (by mid-2025) (See Agenda item 6); and;
Workplan for the Board: (B.2 and B.4), including a decision for a two-year start-up phase of the Fund (2025-2026) and full operationalization by 2027 (see Annex III).

PART I: What was achieved by the FRLD to date?
PART II: What will happen in 2025 on the FRLD / What we need to see?
PART III: What will happen at the fifth board meeting? / What are the key issues?
PART IV:What will happen at the High Level Dialogue?
PART V: What can you do?
PART VI: Q&A

In this session:

Resource mobilisation not part of the agenda, but the need for the Fund to operate at a significant scale, reflecting the immense and urgent needs of those affected by climate change, was fully articulated. We are talking high billions every year if not more. New Collective Quantified Goal, however, was not mentioned at all during this Board meeting - which could be a way to anchoring Loss and Damage as a subgoal in binding paths to ensure scale.

Clear opinion that fund cannot do ‘business as usual’, this includes how to actively hear the voices and solutions of the frontline communities in the deliberations of the Board and design around that. Differences North/South & compromise in Governing Instrument.

Developing Countries:

Select an Executive Director able to leverage rapidly billions
Strong emphasis on direct access to funds and the need for grants over loans to avoid additional debt burdens.
Advocacy for the Fund to address the unique vulnerabilities of their countries and to be managed autonomously without excessive influence from developed countries.
Concerns over the World Bank’s historical policies and practices that might not align with the needs of the most vulnerable. Also some noted that this Fund is not a business proposition. As Observers put it: “there is no business here”.

Developed Countries:

Support for the Fund’s operationalization but with an emphasis on efficiency, rapid disbursement, cost-effectiveness, and leveraging existing mechanisms.
Some reluctance to fully endorse direct access mechanisms without stringent fiduciary and administrative controls.
Emphasis on utilising established frameworks and ensuring that new mechanisms do not undermine existing financial and operational standards and necessity to create a strong business model.

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WHAT WILL

HAPPEN IN 2025 ON THE FRLD AND WHAT WE NEED TO SEE?

PART II

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WHAT WILL HAPPEN IN 2025 ON THE FRLD?

In 2025 the Board of the FRLD will hold three Board meetings:

Fifth meeting (B5): 8-10th of April, Bridgetown, Barbados (see here).
Sixth meeting (B6): 9-11th of July, Manila, Philippines.
Seventh meeting (B7): 8-10th of October, Manila, Philippines.
And hold a High Level Dialogue on Coordination and Complementarity: April 25 (TBC), DC, USA

During which key decisions are expected to be taken on:

Key modalities and procedures for start-up phase of FRLD (at B.5 with further development B.6/B.7);
Policies on active observers and stakeholder consultative forums (at B.6);
In parallel, discourse on long-term operational modalities on access modalities and financial instruments (B.6-B.7); and;
Long-term financial plan and resource mobilization strategy (by B.7).

At COP 30, between the 10–21 of November in Belem, Brazil, Parties (countries) will then deliberate on the report of the Board of the FRLD which will be informed by call for submissions to the Standing Committee on Finance, with submissions due not later than 10 weeks before COP 30.

PART I: What was achieved by the FRLD to date?
PART II: What will happen in 2025 on the FRLD / What we need to see?
PART III: What will happen at the fifth board meeting? / What are the key issues?
PART IV:What will happen at the High Level Dialogue?
PART V: What can you do?
PART VI: Q&A

In this session:

Resource mobilisation not part of the agenda, but the need for the Fund to operate at a significant scale, reflecting the immense and urgent needs of those affected by climate change, was fully articulated. We are talking high billions every year if not more. New Collective Quantified Goal, however, was not mentioned at all during this Board meeting - which could be a way to anchoring Loss and Damage as a subgoal in binding paths to ensure scale.

Clear opinion that fund cannot do ‘business as usual’, this includes how to actively hear the voices and solutions of the frontline communities in the deliberations of the Board and design around that. Differences North/South & compromise in Governing Instrument.

Developing Countries:

Select an Executive Director able to leverage rapidly billions
Strong emphasis on direct access to funds and the need for grants over loans to avoid additional debt burdens.
Advocacy for the Fund to address the unique vulnerabilities of their countries and to be managed autonomously without excessive influence from developed countries.
Concerns over the World Bank’s historical policies and practices that might not align with the needs of the most vulnerable. Also some noted that this Fund is not a business proposition. As Observers put it: “there is no business here”.

Developed Countries:

Support for the Fund’s operationalization but with an emphasis on efficiency, rapid disbursement, cost-effectiveness, and leveraging existing mechanisms.
Some reluctance to fully endorse direct access mechanisms without stringent fiduciary and administrative controls.
Emphasis on utilising established frameworks and ensuring that new mechanisms do not undermine existing financial and operational standards and necessity to create a strong business model.

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WHAT DO WE NEED TO SEE ON THE FRLD IN 2025?

To ensure progress towards a fit for purpose FRLD, in 2025 we need to see the following:

A start up phase that is inclusive, community-led, equitable and human rights-compliant, prioritizing those in vulnerable situations and experiencing marginalization, and avoiding harm
Participation policies that ensure meaningful participation of rights holders and do not allow undue influence by the private sector
Access modalities with a dedicated focus on ensuring direct access for communities, including a community access window/mechanism
An exclusive focus on grants-base finance
New pledges to the FRLD, we need billions not millions to be pledged; We need to see all pledges turned into contributions and paid in to the trust fund;
A resource mobilization strategy put in place that can reach the hundreds of billions needed each year by the FRLD

PART I: What was achieved by the FRLD to date?
PART II: What will happen in 2025 on the FRLD / What we need to see?
PART III: What will happen at the fifth board meeting? / What are the key issues?
PART IV:What will happen at the High Level Dialogue?
PART V: What can you do?
PART VI: Q&A

In this session:

Resource mobilisation not part of the agenda, but the need for the Fund to operate at a significant scale, reflecting the immense and urgent needs of those affected by climate change, was fully articulated. We are talking high billions every year if not more. New Collective Quantified Goal, however, was not mentioned at all during this Board meeting - which could be a way to anchoring Loss and Damage as a subgoal in binding paths to ensure scale.

Clear opinion that fund cannot do ‘business as usual’, this includes how to actively hear the voices and solutions of the frontline communities in the deliberations of the Board and design around that. Differences North/South & compromise in Governing Instrument.

Developing Countries:

Select an Executive Director able to leverage rapidly billions
Strong emphasis on direct access to funds and the need for grants over loans to avoid additional debt burdens.
Advocacy for the Fund to address the unique vulnerabilities of their countries and to be managed autonomously without excessive influence from developed countries.
Concerns over the World Bank’s historical policies and practices that might not align with the needs of the most vulnerable. Also some noted that this Fund is not a business proposition. As Observers put it: “there is no business here”.

Developed Countries:

Support for the Fund’s operationalization but with an emphasis on efficiency, rapid disbursement, cost-effectiveness, and leveraging existing mechanisms.
Some reluctance to fully endorse direct access mechanisms without stringent fiduciary and administrative controls.
Emphasis on utilising established frameworks and ensuring that new mechanisms do not undermine existing financial and operational standards and necessity to create a strong business model.

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WHAT WILL HAPPEN AT THE FIFTH BOARD MEETING OF THE FRLD?

PART III

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FRLD B5 AGENDA

The agenda is now out for the fifth meeting of the Board of the Fund for Responding to Loss and Damage (webcast and documents will be here). Key agenda items include:

Status of resources;
Proposal for the start-up phase of the Fund in line with decision B.4/D.31;
Proposals from the Co-Chairs: Procedures for determining when all efforts at reaching consensus have been exhausted;
Co-Chair’s proposal: Guidance from the twenty-ninth session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP 29) and the sixth session of the Conference of the Parties serving as the meeting of the Parties to the Paris Agreement (CMA 6); and;
Guidelines for the participation of Advisers in meetings of the Board and meetings of committees.�

PART I: What was achieved by the FRLD to date?
PART II: What will happen in 2025 on the FRLD / What we need to see?
PART III: What will happen at the fifth board meeting? / What are the key issues?
PART IV:What will happen at the High Level Dialogue?
PART V: What can you do?
PART VI: Q&A

In this session:

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WHAT IS THE START-UP PHASE WHY IS IT IMPORTANT?

At B5 the big agenda item will be deliberations on the Executive Directors proposal for the start up phase of the Fund. But what is the “startup phase”?

Two-year (2025-2026) testing and learning phase to guide the development of the Fund’s long-term operations, allowing for adjustment and refinement as those permanent policies are developed;
Interim modalities and systems set up by COP 30 to allow for the funding of early interventions in 2026 including: bottom-up, country-owned programming areas, funding modalities, financial instruments, access modalities, resource allocation framework, results management framework and simplified operational model;
Simplified approach to bring in implementation partners; and;
While not supposed to set a ‘precedent’, the start up phase will set vision for the Fund (e.g. on ambition, priorities, scope etc.).�

PART I: What was achieved by the FRLD to date?
PART II: What will happen in 2025 on the FRLD / What we need to see?
PART III: What will happen at the fifth board meeting? / What are the key issues?
PART IV:What will happen at the High Level Dialogue?
PART V: What can you do?
PART VI: Q&A

In this session:

Resource mobilisation not part of the agenda, but the need for the Fund to operate at a significant scale, reflecting the immense and urgent needs of those affected by climate change, was fully articulated. We are talking high billions every year if not more. New Collective Quantified Goal, however, was not mentioned at all during this Board meeting - which could be a way to anchoring Loss and Damage as a subgoal in binding paths to ensure scale.

Clear opinion that fund cannot do ‘business as usual’, this includes how to actively hear the voices and solutions of the frontline communities in the deliberations of the Board and design around that. Differences North/South & compromise in Governing Instrument.

Developing Countries:

Select an Executive Director able to leverage rapidly billions
Strong emphasis on direct access to funds and the need for grants over loans to avoid additional debt burdens.
Advocacy for the Fund to address the unique vulnerabilities of their countries and to be managed autonomously without excessive influence from developed countries.
Concerns over the World Bank’s historical policies and practices that might not align with the needs of the most vulnerable. Also some noted that this Fund is not a business proposition. As Observers put it: “there is no business here”.

Developed Countries:

Support for the Fund’s operationalization but with an emphasis on efficiency, rapid disbursement, cost-effectiveness, and leveraging existing mechanisms.
Some reluctance to fully endorse direct access mechanisms without stringent fiduciary and administrative controls.
Emphasis on utilising established frameworks and ensuring that new mechanisms do not undermine existing financial and operational standards and necessity to create a strong business model.

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WHAT DO WE NEED TO SEE ON THE START-UP PHASE?

At B.5 we need to see the following commitments being made on the in the start up phase of the FRLD:

Broad scope of early interventions addressing loss and damage caused by rapid onset events (e.g. cyclone), slow onset events (e.g. sea-level rise), and both economic (e.g. loss of infrastructure) and non-economic loss and damage (e.g. loss of culture); and;
Inclusive and iterative stakeholder engagement for the development of interim modalities and systems.

“Non-negotiables”

Strict do-no-harm approach: Exclusive focus on low risk activities in the absence of FRLD environmental and social safeguards to avoid harm and a proactive focus on ensuring human rights alignment and access to justice.
Community access must be anchored in early interventions through pilot program at the Fund level and integrated into other funding modalities (direct budget support and programmatic approaches);
Using grants only for early interventions, including small grant disbursement directly to communities;

PART I: What was achieved by the FRLD to date?
PART II: What will happen in 2025 on the FRLD / What we need to see?
PART III: What will happen at the fifth board meeting? / What are the key issues?
PART IV:What will happen at the High Level Dialogue?
PART V: What can you do?
PART VI: Q&A

In this session:

Resource mobilisation not part of the agenda, but the need for the Fund to operate at a significant scale, reflecting the immense and urgent needs of those affected by climate change, was fully articulated. We are talking high billions every year if not more. New Collective Quantified Goal, however, was not mentioned at all during this Board meeting - which could be a way to anchoring Loss and Damage as a subgoal in binding paths to ensure scale.

Clear opinion that fund cannot do ‘business as usual’, this includes how to actively hear the voices and solutions of the frontline communities in the deliberations of the Board and design around that. Differences North/South & compromise in Governing Instrument.

Developing Countries:

Select an Executive Director able to leverage rapidly billions
Strong emphasis on direct access to funds and the need for grants over loans to avoid additional debt burdens.
Advocacy for the Fund to address the unique vulnerabilities of their countries and to be managed autonomously without excessive influence from developed countries.
Concerns over the World Bank’s historical policies and practices that might not align with the needs of the most vulnerable. Also some noted that this Fund is not a business proposition. As Observers put it: “there is no business here”.

Developed Countries:

Support for the Fund’s operationalization but with an emphasis on efficiency, rapid disbursement, cost-effectiveness, and leveraging existing mechanisms.
Some reluctance to fully endorse direct access mechanisms without stringent fiduciary and administrative controls.
Emphasis on utilising established frameworks and ensuring that new mechanisms do not undermine existing financial and operational standards and necessity to create a strong business model.

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WHAT WILL HAPPEN AT THE HIGH LEVEL DIALOGUE?

PART IV

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A HIGH LEVEL DIALOGUE

Alongside the United Nations Secretary General, the FRLD will also convene a High Level Dialogue on Coordination and Complementarity in 2025 as per annex II of decision 1/CP.28 and 5/CMA.5. The dialogue will be held on the 25rd of April 2025 (TBC), on the margins of IMF / World Bank Spring Meetings in Washington D.C.

The objectives of the HLD are:

Facilitate a structured and timely exchange of relevant knowledge and information, including between the entities that form part of the funding arrangements and the Fund;

Strengthen capacity and synergies to enhance the integration of measures to respond to loss and damage into sources, funds, processes and initiatives under and outside the Convention and the Paris Agreement by drawing on the experience of others, exchanging good policies and practices, and leveraging research and data systems;

Promote the exchange of country and community experience in undertaking action to respond to loss and damage;

Identify priority gaps and new opportunities for cooperation, coordination and complementarity; and;

Develop recommendations on scaling up or enhancing existing as well as initiating new funding arrangements for responding to loss and damage.

PART I: What was achieved by the FRLD to date?
PART II: What will happen in 2025 on the FRLD / What we need to see?
PART III: What will happen at the fifth board meeting? / What are the key issues?
PART IV:What will happen at the High Level Dialogue?
PART V: What can you do?
PART VI: Q&A

In this session:

Resource mobilisation not part of the agenda, but the need for the Fund to operate at a significant scale, reflecting the immense and urgent needs of those affected by climate change, was fully articulated. We are talking high billions every year if not more. New Collective Quantified Goal, however, was not mentioned at all during this Board meeting - which could be a way to anchoring Loss and Damage as a subgoal in binding paths to ensure scale.

Clear opinion that fund cannot do ‘business as usual’, this includes how to actively hear the voices and solutions of the frontline communities in the deliberations of the Board and design around that. Differences North/South & compromise in Governing Instrument.

Developing Countries:

Select an Executive Director able to leverage rapidly billions
Strong emphasis on direct access to funds and the need for grants over loans to avoid additional debt burdens.
Advocacy for the Fund to address the unique vulnerabilities of their countries and to be managed autonomously without excessive influence from developed countries.
Concerns over the World Bank’s historical policies and practices that might not align with the needs of the most vulnerable. Also some noted that this Fund is not a business proposition. As Observers put it: “there is no business here”.

Developed Countries:

Support for the Fund’s operationalization but with an emphasis on efficiency, rapid disbursement, cost-effectiveness, and leveraging existing mechanisms.
Some reluctance to fully endorse direct access mechanisms without stringent fiduciary and administrative controls.
Emphasis on utilising established frameworks and ensuring that new mechanisms do not undermine existing financial and operational standards and necessity to create a strong business model.

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HLD AGENDA

At this time we do not have very much information on the High Level Dialogue apart from the latest version of the concept note for the (dated 05/12/2024). However, we do know from the Annex II of the COP 28 / CMA5 decision (paragraph 14) that the HLD will consist of no more than 30 high-level representatives of entities engaged in responding to loss and damage that form part of the new funding arrangements including:

The Fund for Responding to Loss and Damage;
The World Bank and regional development banks;
The International Monetary Fund;
Relevant United Nations agencies and other intergovernmental organizations as well as relevant regional, international, bilateral and multilateral organizations;
Relevant multilateral climate funds, such as the Adaptation Fund, the Climate Investment Funds (CIF), the Global Environment Facility and the Green Climate Fund;
The International Organization for Migration;
The Executive Committee of the Warsaw International Mechanism for Loss and Damage;
The Santiago network for Loss and Damage; and;
Civil society, Indigenous Peoples and the philanthropic sector, as well as individual experts on loss and damage chosen on the basis of their expertise and their representation of different regions and perspectives.

PART I: What was achieved by the FRLD to date?
PART II: What will happen in 2025 on the FRLD / What we need to see?
PART III: What will happen at the fifth board meeting? / What are the key issues?
PART IV:What will happen at the High Level Dialogue?
PART V: What can you do?
PART VI: Q&A

In this session:

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WHAT DO WE NEED TO SEE?

The HLD is an important opportunity to:

Set out a clear vision for how the FRLD will reach the scale of finance needed;
Establish how the FRLD will play the central coordinating role in the Loss and Damage funding arrangements and how it will ensure coherent human rights and equity-based approaches to addressing loss and damage;
Provide recommendations on enhancing coordination and complementarity across the loss and damage funding arrangements including through the third review of Warsaw International Mechanism for Loss and Damage which will take place at COP 30;
Guide other Loss and Damage actors to ensure the complementarity and additionality of their efforts to the FRLD’s central finance provision, including by making recommendations on a criteria of what can be counted as loss and damage finance to ensure additionality to other climate finance (e.g. adaptation finance), humanitarian and development finance flows.

PART I: What was achieved by the FRLD to date?
PART II: What will happen in 2025 on the FRLD / What we need to see?
PART III: What will happen at the fifth board meeting? / What are the key issues?
PART IV:What will happen at the High Level Dialogue?
PART V: What can you do?
PART VI: Q&A

In this session:

Resource mobilisation not part of the agenda, but the need for the Fund to operate at a significant scale, reflecting the immense and urgent needs of those affected by climate change, was fully articulated. We are talking high billions every year if not more. New Collective Quantified Goal, however, was not mentioned at all during this Board meeting - which could be a way to anchoring Loss and Damage as a subgoal in binding paths to ensure scale.

Clear opinion that fund cannot do ‘business as usual’, this includes how to actively hear the voices and solutions of the frontline communities in the deliberations of the Board and design around that. Differences North/South & compromise in Governing Instrument.

Developing Countries:

Select an Executive Director able to leverage rapidly billions
Strong emphasis on direct access to funds and the need for grants over loans to avoid additional debt burdens.
Advocacy for the Fund to address the unique vulnerabilities of their countries and to be managed autonomously without excessive influence from developed countries.
Concerns over the World Bank’s historical policies and practices that might not align with the needs of the most vulnerable. Also some noted that this Fund is not a business proposition. As Observers put it: “there is no business here”.

Developed Countries:

Support for the Fund’s operationalization but with an emphasis on efficiency, rapid disbursement, cost-effectiveness, and leveraging existing mechanisms.
Some reluctance to fully endorse direct access mechanisms without stringent fiduciary and administrative controls.
Emphasis on utilising established frameworks and ensuring that new mechanisms do not undermine existing financial and operational standards and necessity to create a strong business model.

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WHAT DO WE NEED TO SEE: MEANINGFUL PARTICIPATION

Critically we need to ensure that the HLD guarantees meaningful participation to invited rights holders and civil society representatives, including by:

Translation and interpretation;
A live webcast;
The timely sharing of documents;
Simplified accreditation;
Representatives being able to make interventions on an equal footing to other high-level participants; and;
Financial support for travel and accommodation for representatives coming from developing countries.

PART I: What was achieved by the FRLD to date?
PART II: What will happen in 2025 on the FRLD / What we need to see?
PART III: What will happen at the fifth board meeting? / What are the key issues?
PART IV:What will happen at the High Level Dialogue?
PART V: What can you do?
PART VI: Q&A

In this session:

Resource mobilisation not part of the agenda, but the need for the Fund to operate at a significant scale, reflecting the immense and urgent needs of those affected by climate change, was fully articulated. We are talking high billions every year if not more. New Collective Quantified Goal, however, was not mentioned at all during this Board meeting - which could be a way to anchoring Loss and Damage as a subgoal in binding paths to ensure scale.

Clear opinion that fund cannot do ‘business as usual’, this includes how to actively hear the voices and solutions of the frontline communities in the deliberations of the Board and design around that. Differences North/South & compromise in Governing Instrument.

Developing Countries:

Select an Executive Director able to leverage rapidly billions
Strong emphasis on direct access to funds and the need for grants over loans to avoid additional debt burdens.
Advocacy for the Fund to address the unique vulnerabilities of their countries and to be managed autonomously without excessive influence from developed countries.
Concerns over the World Bank’s historical policies and practices that might not align with the needs of the most vulnerable. Also some noted that this Fund is not a business proposition. As Observers put it: “there is no business here”.

Developed Countries:

Support for the Fund’s operationalization but with an emphasis on efficiency, rapid disbursement, cost-effectiveness, and leveraging existing mechanisms.
Some reluctance to fully endorse direct access mechanisms without stringent fiduciary and administrative controls.
Emphasis on utilising established frameworks and ensuring that new mechanisms do not undermine existing financial and operational standards and necessity to create a strong business model.

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WHAT CAN YOU DO?

PART V

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WE NEED YOU!

Despite this being a critically important year for the FRLD, there are just a handful of dedicated Loss and Damage people working on advocacy and thought leadership. We need your help to keep up the momentum to ensure that the FRLD will be fit for purpose. Here are some of the ways you can get involved:

Engage with the work of the LDF Friends (civil society colleagues can request to join the group via this form);
Fund / support ongoing Loss and Damage work under the UNFCCC;
Push developed countries for new pledges and contributions to match the scale of needs; and;
Share your case studies on access to climate finance via this form to support the call for community access under the FRLD.
Engage with the work and share our demands widely.

NO CONTRIBUTION IS TOO SMALL!

PART I: What was achieved by the FRLD to date?
PART II: What will happen in 2025 on the FRLD / What we need to see?
PART III: What will happen at the fifth board meeting? / What are the key issues?
PART IV:What will happen at the High Level Dialogue?
PART V: What can you do?
PART VI: Q&A

In this session:

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UNFCCC CONSTITUENCIES

We also encourage you to reach out to, join and support the work of, the UNFCCC constituencies via the focal points listed in this document:

Environmental non-governmental organizations (ENGO)
Farmers
Indigenous peoples organizations (IPO)
Local government and municipal authorities (LGMA)
Research and independent non-governmental organizations (RINGO)
Trade Unions non-governmental organizations (TUNGO)
Women and Gender Constituency (WGC)
Youth non-governmental organizations (YOUNGO)

PART I: What was achieved by the FRLD to date?
PART II: What will happen in 2025 on the FRLD / What we need to see?
PART III: What will happen at the fifth board meeting? / What are the key issues?
PART IV:What will happen at the High Level Dialogue?
PART V: What can you do?
PART VI: Q&A

In this session:

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Q&A

PART VI

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THANK YOU!

WEBINAR | 02 April 2025 | 06:00 GMT / 15:00 GMT