THE TOOLS
Resource Detail
How does the Loss and Damage Fund work for climate justice?
Article
Global Witness
PART 1: The Purposeful Investor
Call to Action: Our World & Our Future
Covers the financial implications and funding opportunities related to the Loss and Damage Fund, which aims to support climate-vulnerable countries recovering from climate disasters.

This Global Witness explainer (How does the Loss and Damage Fund work for climate justice?) is included as a resource because it clearly defines the Loss and Damage Fund, documents the scale of need (minimum advocacy target of $100 billion/year with estimates up to $671 billion), traces COP milestones and early pledges, and makes justice-centered recommendations—grants not loans, polluters-pay, debt relief, and ringfenced community-led distribution—highlighting how climate-vulnerable countries (e.g., the Philippines, Pakistan) bear disproportionate harms. It directly supports the book’s Call to Action: Our World & Our Future by reinforcing the moral and financial imperative for wealthy actors to fund reparative climate support, and it informs philanthropic strategy in Part 2 by showing where giving and impact capital can be most justice-focused and effective.
