Massimo Tavoni, Pietro Andreoni, Matteo Calcaterra, Elisa Calliari, Teresa Deubelli-Hwang, Reinhard Mechler, Stefan Hochrainer-Stigler, Leonie Wenz
{"title":"Economic quantification of Loss and Damage funding needs","authors":"Massimo Tavoni, Pietro Andreoni, Matteo Calcaterra, Elisa Calliari, Teresa Deubelli-Hwang, Reinhard Mechler, Stefan Hochrainer-Stigler, Leonie Wenz","doi":"10.1038/s43017-024-00565-7","DOIUrl":null,"url":null,"abstract":"A loss and damage (L&D) fund has been established to support particularly vulnerable developing countries. L&D funding needs, entitlements and necessary contributions can be quantified using climate economics coupled with historical responsibility principles; for the year 2025, total L&D funding needs are estimated to be US $395 [128–937] billion.","PeriodicalId":18921,"journal":{"name":"Nature Reviews Earth & Environment","volume":"5 6","pages":"411-413"},"PeriodicalIF":0.0000,"publicationDate":"2024-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Nature Reviews Earth & Environment","FirstCategoryId":"1085","ListUrlMain":"https://www.nature.com/articles/s43017-024-00565-7","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
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Abstract
A loss and damage (L&D) fund has been established to support particularly vulnerable developing countries. L&D funding needs, entitlements and necessary contributions can be quantified using climate economics coupled with historical responsibility principles; for the year 2025, total L&D funding needs are estimated to be US $395 [128–937] billion.
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