The global cost below: of loss and damage to infrastructure, human health, • Nuanced insights on the impact and scale of and agriculture is estimated to increase to between USD disasters and the measures undertaken to deal 1.7 trillion and USD 3.1 trillion per year by 2050 (WEF with them can support targeted experience-sharing3 2023). [...] The subsequent section discusses the the most adversely affected regions, who should be existing transparency mechanism for L&D and discusses the primary beneficiaries of the funds and those who the available data sets and their limitations. [...] Earlier, in the are critical to evidence-based decision-making on the Pre-Paris Agreements, based on the differentiated prioritisation of developing countries for funding (based transparency arrangement, the developed countries on impacts, ability to pay, and historical responsibility followed a rigorous set of reporting and review along with science); understanding the delivery of funds obligatio. [...] With addition, a detailed analysis of the disaster-wise loss the rising intensity and frequency of disasters, countries and damage faced by developing countries, especially can explore the potential of geospatial technologies and in LDCs and SIDs, can help identify emerging disaster emerging tools such as unmanned aerial vehicle (UAVs) hotspots to strengthen preparedness and avert losses. [...] Disclaimer: The views expressed in this work are those of the authors, and do not necessarily reflect the views and policies of the Council on Energy, Environment and Water.
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Table of Contents
- Jhalak Aggarwal and Sumit Prasad 1
- Executive summary 1
- 1. Introduction 3
- Data facts and knowledge on LD are critical for evidence-based decision making on finance. 3
- 2. Unpacking transparency for loss and damage 4
- 65 of all reported climate events across all countries lack data on economic damages. 4
- 3. Leveraging the existing arrangement 8
- 4. Way forward 9
- The existing multilateral institutions can be leveraged to enhance transparency on LD to better inform negotiations. 9
- Transparency on loss and damage is critical to generate evidence on impacts and offer a platform for accruing and sharing knowledge. 10
- References 11