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2) What Counts As Loss and Damage? Loss and damage can result from both extreme weather events likes cyclones, droughts and heatwaves, as well as slow-onset changes such as sea level rise, desertification, glacial retreat, land degradation, ocean acidification and salinization.
Loss and damage refers to the adverse effects of climate-related stressors on natural and human systems that cannot be, or have not been, avoided through mitigation or managed through adaptation efforts'.
Loss and damage is money paid by countries who've benefited financially from fossil fuel investment, to countries feeling the direct unavoidable losses and permanent damage arising from climate change.
Hear this out loud Pause2) What Counts As Loss and Damage? Loss and damage can result from both extreme weather events likes cyclones, droughts and heatwaves, as well as slow-onset changes such as sea level rise, desertification, glacial retreat, land degradation, ocean acidification and salinization.
These are things such as the costs of rebuilding infrastructure that has been damaged due a flood, or the loss of revenue from agricultural crops that were destroyed due to drought. Non-economic loss and damage are negative impacts where it is difficult or infeasible to assign a monetary value to.