Climate Action. Si prevede che i costi economici delle perdite e dei danni nel Sud globale raggiungeranno 1-1.800 miliardi di dollari entro il 2050 (Gopalika Arora, Observer Research Foundation)

After three decades of derailing the discussions on the loss and damage (L&D) faced by developing countries and the establishment of a funding mechanism to compensate for the same, the UN climate negotiations have reached a momentous conclusion. However, contentious questions remain in the long road ahead towards climate action.

Despite the fact that the world is facing the brunt of the rapidly escalating impacts of climate change, mitigation and adaptation actions are advancing at a slow pace. As a consequence, developing countries that may have contributed minimally to GHG emissions are experiencing severe losses and damages occurring due to climate change. These losses include destroyed homes and infrastructure, ruined croplands and livelihood, and vanishing cultural heritage which are now categorised as economic and non-economic losses. The economic costs of loss and damage in the Global South are expected to reach US$1-1.8 trillion by 2050.

COP27 L&D Finance: Partial successes and missed opportunities | ORF (orfonline.org)

Marco Emanuele
Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

Latest articles

Related articles