Operationalising the loss and damage fund: Learning from the funding mosaic
This report addresses crucial questions and provides insights on how to best operationalise the new L&D fund within the context of other funding arrangements. By drawing on lessons and learnings from existing climate, development, humanitarian, and philanthropic funding institutions, this report aims to provide technical insights to these political questions, shedding light on the structures, approaches, and instruments that have worked best for other international funding measures; the challenges and shortcomings faced; and the approaches that can be adapted for the purpose of providing finance needed to address L&D.
Five cross-cutting recommendations emerge from the research:
- Adopt alternative eligibility requirements
- Adopt approaches that have proved to work for philanthropic and humanitarian support to reach the local level
- Adopt participatory and representative decision-making approaches
- Adopt a flexible, grants-based approach
- Adopt comprehensive, full-spectrum approaches to L&D finance
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