Research Handbook on Climate Change Law and Loss &Amp; Damage 2021
DOI: 10.4337/9781788974028.00014
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Arrested development: the late and inequitable integration of loss and damage finance into the UNFCCC

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“…But the WIM has been less successful in identifying sources of international public funds for subsidizing those insurance pools, compensation funds for rebuilding or reconstruction costs, partly because these are more politically sensitive issues. 47 Climate finance and financial responsibility for climate impacts has always been an underlying tension and area of significant disagreement in the loss and damage negotiations.…”
Section: The Wim and Articlementioning
confidence: 99%
“…But the WIM has been less successful in identifying sources of international public funds for subsidizing those insurance pools, compensation funds for rebuilding or reconstruction costs, partly because these are more politically sensitive issues. 47 Climate finance and financial responsibility for climate impacts has always been an underlying tension and area of significant disagreement in the loss and damage negotiations.…”
Section: The Wim and Articlementioning
confidence: 99%