Question

To ask the President for COP26, whether he plans to advance the work of the Glasgow Dialogue Pact to support the creation of a loss and damage finance fund by COP27; and if he will take steps to advance efforts to mobilise finance from wealthy nations towards that fund.

The Glasgow Climate Pact (GCP) put in place a new Glasgow Dialogue that will discuss the arrangements for the funding of activities to avert, minimise and address loss and damage, but it did not agree to the creation of a loss and damage finance fund by COP27. The first dialogue will take place in June 2022, and further dialogues will take place every year to 2024. The GCP also noted existing funding for climate, disaster reduction and response is relevant to loss and damage.

We continue to encourage donors to increase the attention given to loss and damage which was reiterated at the Ministerial meeting including over 40 governments, hosted by Denmark on 12th and 13th May and co-chaired by the UK and Egypt.