The study, titled “Climate Finance for Addressing Loss and Damage. How to Mobilize Support for Developing Countries to Tackle Loss and Damage,” comes at a time when the world is mobilizing the COP25 climate conference taking place in Madrid, 2-13 December. It is a contribution to the global discussions on loss and damage finance that highlights the needs of the most vulnerable and the responsibility of polluters at the same time.
“Our faith-based humanitarian and development work, as well as our continuous interaction with, and presence in, communities through our churches and partners, enable us to provide important facts and bear witness to the urgent need for loss and damage finances,” write Rev. Dr Martin Junge, General Secretary, The Lutheran World Federation, Rev. Dr Cornelia Füllkrug-Weitzel President, Bread for the World, Rudelmar Bueno de Faria, General Secretary, ACT Alliance, and Rev. Dr. Olav Fykse Tveit, General Secretary, World Council of Churches, in the preface.
Elena Cedillo, LWF Program Executive for Climate Justice, is one of the editors of the study. She said that during COP25 the performance of the Warsaw International Mechanism (WIM) for loss and damage would be reviewed. “It will be vital to pay attention to how it has enhanced the action for addressing loss and damage associated with the impacts of climate change.” She added that further thought is needed on how this can be strengthened, including a possible establishment of a task force on loss and damage finance.