G77 China Seek Funding for Loss & Damage at Glasgow Talks: UNFCCC Docs

Nov. 4, 2021

Section:

Requesting the SBI and SBSTA to jointly initiate work during SBs 56 in 2022 to provide
recommendations with respect to, inter alia, the Network’s form, structure, or other
institutional arrangements, including for its coordination and membership, that may be
appropriate for achieving its objective and implementing its activities; and the selection of
the host entity for coordinating the Network.
These SBI/SBSTA recommendations on making the Network fully operational would be submitted for adoption to the COP/CMA at COP27/CMA4 in late 2022.
Options for financing the Network should also be identified.

Note:

Santiago network is for averting, minimizing and addressing loss and damage associated with the adverse effects of climate change was established under the Warsaw International Mechanism to catalyse the technical
assistance of relevant organizations, bodies, networks and experts for the implementation of
relevant approaches at the local, national and regional level in developing countries that are
particularly vulnerable to the adverse effects of climate change.

And the response:

Report of the Executive Committee of the Warsaw International Mechanism for Loss and Damage associated with Climate Change Impacts (for 2020 and 2021)
Version 03/11/2021 14:51

  1. Recognizing the need for increased financial support for averting, minimizing and
    addressing loss and damage to ensure that developing countries are able to adequately address
    the significant impacts currently associated with slow onset events, non-economic losses,
    comprehensive risk management, displacement and other loss and damage related issues,
    urges the Executive Committee to:
    (a) Continue engaging and strengthening its dialogue with the Standing
    Committee on Finance, including by providing input to the Standing Committee on Finance
    when, in accordance with its mandate, it provides information, recommendations and draft
    guidance relating to the operating entities of the Financial Mechanism, as appropriate;
    (b) Commence, continue and/or explore potential ways to enhance, as appropriate,
    collaboration with the operating entities of the Financial Mechanism to inform the work of
    the Executive Committee and its expert group on action and support.

Link: https://unfccc.int/santiago-network/about

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