The SDSN Global Commission for Urban SDG Finance on the Subnational Governments’ role on the negotiation of the Loss and Damage Fund Operational Guidelines

Summary

The SDSN Global Commission for Urban SDG Finance highlights the urgent need to address climate-induced losses in cities, currently estimated at USD 500 billion annually, which are not adequately covered by existing global financial structures. The Commission advocates for the direct channeling of a significant share of the newly operationalized Loss and Damage Fund (LDF) to local and regional governments, urging their inclusion in the LDF's operational guidelines negotiations. This initiative is currently in the process of advocating for policy change and inclusion in ongoing international negotiations.

Key Facts

Source Document

https://example-government.gov/policy-document-link