As the climate crisis increases due to the UNFCCC historic failure to meet its objectives and the threat to our lives increases, access rights should not decrease. Environmental matters are best handled with broad and inclusive public participation.
For more than 30 years, Latin American civil society has put on the table the urgency of recognizing Loss and Damage as the third pillar of the Paris agreement, demanding the establishment of additional, predictable and predictable funding arrangements.
The Global Shield, the German-led G7 / V20 collaborative partnership designed to provide protection against climate-related risks, was officially launched yesterday at COP27. These announcements come at a time when a decision to establish a loss and damage finance facility appears to be increasingly unlikely as Global North nations are once again deploying delay tactics, advocating for a potential decision at COP 29 in 2024.
