4min chapter

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Loss and Damage, Minus the Fossil Fuels As Development Myth

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CHAPTER

Climate Change - Loss and Damage

UNFCCC is the basis for the annual conference of the parties. Many countries, including the United States, agreed that by 2020 they would be putting $100 billion a year into a loss in damages fund. But so far, only about $21 billion has ever been put in it. Barbados Prime Minister Mia Motley made history when she convinced the International Monetary Fund to help her hit pause on Barbados' debt payments. This year Motley is at COP with a proposal that would help all global South countries do the same.

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