# LOSS AND DAMAGE FUND

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Finance   /  Slow onset disasters

COP28: Know what is the Loss and Damage Fund

The loss and damage fund is a global financial package designed for the countries facing the cascading effects of climate change.

Editorial Team

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Finance   /  Slow onset disasters

COP28: Loss and Damage fund fall short in addressing global inequality in climate impacts

Globally, climate change has resulted in a population-weighted GDP loss of 6.3% in 2022 including direct, spill over and capital losses.

Editorial Desk