27
Mar
Loss and damage in international climate talks refers to the harms caused by climate change that go beyond what people, communities, and countries can adapt to. It covers both sudden extreme events (storms, floods, wildfires) and slow-onset processes (sea level rise, desertification, glacial retreat). The concept addresses the residual impacts that remain after mitigation and adaptation efforts — and the responsibility for responding to those impacts.Key dimensions and definitionsEconomic losses: measurable financial costs such as destroyed infrastructure, lost crops, rebuilding expenses, declines in GDP and market disruptions.Non-economic losses: impacts that are hard or impossible to price, including loss of life,…
