This year, for the first time, the UNFCCC is explicitly inviting interested countries to report information specifically on loss and damage. Drawing lessons from the Caribbean, we take a look at the types of costs that can be reported, what makes an event ‘climate-related,’ and where, how and why to report on loss and damage finance needs.
Where to report loss and damage
Despite persistent data gaps, information already exists that countries can use when reporting their loss and damage needs.
Two UN reporting channels are currently open to report information on loss and damage. The Standing Committee on Finance (SCF) has put out a call for information and data for their second report on the needs of developing countries, with a deadline of 30 June 2024. Here, countries have the chance to officially record loss and damage as it relates to their financial requirements.