COP27 Side Event: Dealing with Losses and Damages

Onsite event in Sharm El-Sheikh, Egypt
10 November 2022 13:15 – 14:45 EET (UTC+2) Room: TUTANKHAMUN

Unfortunately, due to technical difficulties, the live streaming of our side event was cancelled. Please accept our sincere apologies. 

JOIN OUR EVENT!

Helvetas side event at COP27

  • Date: 10 November 2022
  • Time: 13:15 – 14:45 Cairo Time (UTC+2)
  • Onsite location:  Tutankhamun (new location!)

 

Dealing with Losses and Damages: Field Experiences and Lessons for a Global Mechanism

The issue of Loss and Damage (L&D) has been and remains a highly contentious issue in climate negotiations. It has a long history, and was first raised by the Alliance of Small Island States in 1991. Since then, the concept has progressively been institutionalized, in particular through the Warsaw International Mechanism at COP19, and then anchored in Article 8 in the Paris Agreement in 2015.

Climate justice demands that countries and people least responsible for climate change must not bear the burden of losses and damages and a financial mechanism for L&D is established on polluter pays principles. 

This side event contributes to this important topic with experiences from three continents and from the perspectives of communities, governments, private philanthropy and academia. The experiences will highlight current approaches to deal with losses and damages using different instruments, including innovative finance mechanisms supported and piloted by philanthropic donors, and will address the scale of the challenge and the imperatives for a L&D global mechanism.

Speakers

Subsecretary for Climate Change, Ministry for Environment, Water and Ecological Transition of Ecuador
Karina Barrera
Topic: Loss & damage from a development country perspective - the case of Ecuador
Program Manager, Climate Change & DRR, Helvetas Bangladesh
Topic: Intersectoral coordination of stakeholders for efficient solution building, a case from Bangladesh
Country Director, Helvetas Ethiopia
Topic: Keeping markets active in times of climate disasters through commercial destocking
Associate Scientist, Stockholm Environment Institute
Topic: Operationalizing finance for loss and damage: from principles to modalities
Consultant, Climate Action Program, Fundación Avina
Topic: Impacts related to Loss & Damage in the Andes
Senior Vice President, Robert Bosch Foundation
Topic: Future funding strategies for climate philanthropy
Director, Climate Justice Resilience Fund
Topic: New ways to deal with this global challenge

Session moderator

Director Advisory Services / Senior Advisor Adaptation to Climate Change

For additional information, contact:

Watch the video to learn more about loss and damage associated with the adverse effects of climate change in Bangladesh, Ethiopia and Pakistan.