Opinion
Published on: 08. June 2023
End 'delaying tactics' on loss and damage fund

The loss and damage fund was adopted at COP27. At SB58 in Bonn, negotiations on its design will take place. Harjeet Singh of Climate Action Network International criticizes the delaying tactics and "half-hearted efforts" of wealthy states. Singh argues that the fund must be based on the "polluter pays principle" and hold those responsible for the climate crisis responsible. He calls for a redirection of fossil fuel subsidies and progressive taxes on shipping and aviation.
Last updated: 24. July 2025