Loss and Damage

The impacts of climate change can be felt in all countries of the world and threaten the livelihoods of many people in the most vulnerable countries, even though they have contributed little to climate change. For a long time now, the world has been discussing this issue at the international climate negotiations. An international financial architecture is to be set up to respond to loss and damage, including a new fund. Germany, through the Development Ministry, has been working for years to help particularly vulnerable people and countries to deal with loss and damage. One key instrument is the Global Shield against Climate Risks, which, in the event of a disaster, provides financial support in a quick and uncomplicated manner.