
COP29 Spotlight | Loss and Damage funding has to be at core of new climate finance regime
The focus of the ongoing COP is to decide on a new finance regime. Major polluters will be asked to massively increase their financial contributions to developing nations. Researchers from IIASA and CMCC show that Loss and Damage needs of vulnerable countries range between roughly 130 and 940 billion Dollars in 2025 alone. On top of money for mitigation and adaptation.










