News

A lodestone for the Loss and Damage Fund

Read this article by Dr. Ashok Khosla, Chairman, Development Alternatives on Financial Express. He argues that the trajectory of a country's GDP or its aggregate national carbon emissions are not the most important factors in determining its contribution to Loss and Damage Fund or its entitlement from it. Instead, he emphasizes the range of living conditions of its population as the key metric. The loss and damage fund was first announced during COP27 as a way to help developing countries that are vulnerable to the consequences of climate change.