Environment News

The loss and damage fund is delaying the initial approval of the project as less resources are needed

The board of the UN’s Fund for Responding to Loss and Damage (FRLD) has decided to consider its first package of projects for support at its next meeting in December, confounding expectations that it may support the first set of four proposals this week.

The fund is facing a major dilemma over how to select projects to receive its limited resources after its first request for proposals saw nearly 180 submissions seeking nearly $2.8 billion. It currently has only $250 million available to distribute, although the board agreed Friday to release $100 million more due to high demand.

Much of the board’s three-day meeting in Manila was held behind closed doors, making it difficult for civil society experts to know what was going on. Draft resolutions were presented on a screen and finalized at the end of the meeting before being adopted on Friday.

During the closing session, government board members and observers alike expressed frustration at the wide gap between the growing needs of communities struggling to cope with worsening climate change disasters and the small amount being offered to help them recover.

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