A closer look into the TC5 Recommendations

A Loss and Damage Fund (LDF) responds to a structural demand for justice. At COP27, the LDF was created by Decisions 2/CP.27 and 2/CMA.4. The LDF has the objetive to respond to loss and damage and a mandate that includes a focus on addressing loss and damage.
To accomplish the operationalization of the Loss and Damage Fund a Transitional Committee (TC) was tasked with generating recommendations. In the fifth meeting of the TC, a recommendation was agreed. A proposal where the World Bank would anchor the LDF was issued to be taken by parties at COP28
Nuestro Derecho a Reparaciones Climáticas

El cambio climático es definido por la CMNUCC como la acción humana directa o indirecta que ha alterado la composición de la atmósfera mundial y que se suma a la variabilidad natural del clima observado por periodos de tiempo comparables. (UN, 1992 Art. 1) La Corte Interamericana de Derechos Humanos ha mencionado que en virtud de la Convención Marco de Cambio Climático (CMNUCC) se derivan obligaciones de los Estados por parte de daños causados por el cambio climático.
COP28: Haciendo Balance Mientras el Planeta Arde

The 2023 United Nations Climate Change Conference (COP28) will take place from November 30 to December 12 at Dubai’s Expo City. This year’s host, the United Arab Emirates (UAE), will preside over the conclusion of the first Global Stocktake (GST) and key negotiations leading to the operationalization of the loss and damage fund that was agreed to last year at COP27 in Sharm El-Sheikh, Egypt.