By Pinninti Krishna Rao
This textual content works to set up crucial foundations and guidance within the present technique of offering recommendations, mechanisms and assets for mitigating loss and harm from the opposed affects of weather switch and weather variability. This builds at the basis performed by means of the UNFCCC and different entities to facilitate the methods on the overseas point, pursuing a realistic method and the target specification of correct frameworks for additional activities. the first target is the improvement of built-in ways to the review and relief of loss and harm as a result of weather switch (including weather variability), encompassing either fiscal and criminal dimensions. The e-book is aimed toward readers in top-level policymaking and method improvement at the nationwide and foreign point, in addition to academia.
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Extra info for Climate Change Loss and Damage: Economic and Legal Foundations
The newly created GCF should be of help, although it is not necessarily catered to all the needs of DRR. Although there is no direct role for funding DRR under the new GCF, the effective and efficient route is via an intersection of CCA and DRR projects. It is possible to envisage requirements of larger scale resource outlays when the two streams CCA and DRR are combined but are expected to be more cost-effective than when undertaken in separate sets of activities. GCF resources allow for technology transfer and concessional funding.
Given the potential for substantial financial provisions for climate funds over the next few years under the newly created Green Climate Fund (GCF), an effective integration of CCA and DRR activities is feasible. Policy design and good governance with proper guidance from stakeholders, donors, the UNFCCC, the UNSIDR, and the larger UNDG shall be very useful. The Conference of Parties (COP) for the UNFCCC should explicitly authorize this process. Funding mechanisms to facilitate relevant and urgent integration are still evolving—potentially via the new GCF.
The IPCC Special Reports on Extreme Events (SREX Report, IPCC 2012), and on Renewable Energy (SREN Report, IPCC 2012), and several other recent papers and reports are very relevant in devising relevant strategies. However, relevant actions in any follow up are lagging far behind. Public policy frameworks and actions missing on the scientific knowledge are similar to living in the past with little preparedness for the future; this constitutes an inertia and lethargy-based approach toward living for the collective doom of all.
Climate Change Loss and Damage: Economic and Legal Foundations by Pinninti Krishna Rao