LatestOperationalise Loss and Damage Fund; Amnesty International

Operationalise Loss and Damage Fund; Amnesty International

In response to Pakistan’s sudden and lethal snowfall and storms, which have killed at least 45 people—including at least 27 children in Pakistan — Amnesty International’s Climate Justice Advisor, Ann Harrison, stated:

”The recent severe weather disasters highlight Pakistan’s extraordinary climate vulnerability. And the under-preparedness of the most vulnerable communities and populations. The tragically high death toll among youngsters highlights how vulnerable the young are as a result of these developments.

“The heavy and unseasonal rains and snowfall in KPK and Balochistan, areas still reeling from the devastating aftermath of the country’s 2022 floods, have destroyed hundreds of homes and disrupted food crops,” Amnesty demands that in addition to immediate help, the government offer communities rehabilitation support so they may start anew and maintain food security.

“Pakistan cannot bear this burden alone. International community must place a high priority on ensuring the International Loss and Damage Fund operates and capitalizes quickly. Only then will climate-vulnerable nations like Pakistan receive the assistance they require. To deal with the inevitable effects of climate change for which they bear no responsibility.

The entire 2024 schedule for the operationalization of the fund must not derailed by delays in appointing the 26-member board of the Loss and Damage Fund and starting its meetings.

Since February 26, there have been several injuries and 40 fatalities in Khyber Pakhtunkhwa province, five in Balochistan. And also numerous injuries nationwide due to heavy rain and snowfall. Significant losses in terms of houses, livestock, crops, and infrastructure have also been caused by the calamities.

2022’s COP27 saw the establishment of the Loss and Damage Fund agreed upon. At the COP28 in Dubai last year, a few states made extremely small financial pledges to the fund; these sums paled compared to the US$7 trillion in subsidies that several states—including some of these donors—provide each year to bolster the fossil fuel industry.

Read also; https://theclimatepost.com/green-trade-wars-can-we-power-up-the-planet-through-protectionism/

Financing worth billions of dollars required to sufficiently capitalize the Fund before fund distribution may start. For affected individuals and communities, especially those in lower-income states, to receive the support required to address current and future climate change-induced loss and damage, higher-income states bearing the greatest share of the blame for historical greenhouse gas emissions and other high-income fossil fuel-producing states must quickly scale up their provision of adequate, predictable, new, and additional financing. This additional funding should primarily take the form of grants rather than loans.

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