Economic quantification of Loss and Damage funding needs
A loss and damage (L&D) fund has been established to support particularly vulnerable developing countries. L&D funding needs, entitlements and necessary contributions can be quantified using climate economics coupled with historical responsibility principles; for the year 2025, total L&D funding needs are estimated to be US $395 [128–937] billion.
Economic quantification of Loss and Damage funding needs
Tavoni, M., Andreoni, P., Calcaterra, M. et al., Nat Rev Earth Environ (2024)
