Graduation Year

2023

Date of Submission

4-2023

Document Type

Open Access Senior Thesis

Degree Name

Bachelor of Arts

Department

Environment, Economics, and Politics (EEP)

Reader 1

William Ascher

Abstract

This thesis examines the several facets of the operationalization of the abstract and broad proposal of a “Loss and Damage Fund” following the 27th Conference of the Parties under the United Nations Framework Convention on Climate Change that took place in November of 2022. It examines the current mechanisms in place for developed nations providing climate finance to developing countries that are on the front lines of fighting a crisis heavily caused by historic reliance on and consumption of fossil fuels by wealthier, better-off nations. It delves into various criteria regarding which counties should share the burden and how much each should contribute. This follows with recommendations for who should receive funding and formulae as to how much each country should be allocated. In addition, there is a final formula that demonstrates both the burden and allocation for every country. This thesis provides a variety of options and recommendations for the committee tasked with the complex and contentious issue of addressing losses and damages in the face of climate change before the 28th Conference of the Parties.

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