Innovative sources for Loss and Damage funding: Introducing the Climate Solidarity Alliance

This COP29 Side Event took place on 15th of November, 16.45-18.15 (AZT)

© Sumit Dayal

Background

As the impacts of climate change intensify globally, finding innovative ways to finance responses to loss and damage has become more urgent than ever. Addressing this critical issue, DanChurch Aid, Oxford Climate Policy and International Peace Institute co-hosted the COP29 side-event “Innovative Sources for Loss and Damage Funding: Introducing the Climate Solidarity Alliance” on 15th November 16:45-18:15 (AZT) in Baku.

This side-event introduced the Climate Solidarity Alliance – a coalition committed to fostering global cooperation and innovative funding mechanisms that can support the countries most affected by climate-induced challenges.

Through a dynamic panel discussion and Q&A, the role of Climate Solidarity Levies as a potential solution for raising domestic funds and enhancing international support was explored. Reflections and lessons learned were shared from a broad range of countries, including Fiji, Samoa, France, Kenya, and Brazil.

The event aimed to inspire countries to implement these levies and show solidarity with the most vulnerable communities by allocating resources to address the escalating costs of climate loss and damage.

A recording of the event will be made available mid-December 2024.

Event Materials

Programme

TimeAgendaPersons
16.45-16.50 Welcome, and introductionMattias Söderberg (also acting as moderator)
16.50-17.00The Climate Solidarity AllianceBenito Müller (online)
17.00-17.05The Experience from FijiDan Lund, Fiji
17.05-17.35Panel – Parties sharing their views on the potential of solidarity levies Kishan Kumarsingh, Trinidad & Tobago
Liliam Chagas, Brazil
Jean-Christophe Donnellier, France
Jens Fugl, Denmark
Diann Black-Layne, Antigua and Barbuda
Yussuf Hussein, Kenya
17.35-18.05Panel – Questions from the floor/moderator
18.05-18.10The Experience from SamoaHon. Cedric Schuster, Samoa
18.10-18.15Concluding remarkJimena Leiva Roesch

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