Oireachtas Joint and Select Committees

Tuesday, 25 October 2022

Joint Oireachtas Committee on Climate Action

COP27: Discussion

Ms Elizabeth Wathuti:

The reason we are asking for additional finance for loss and damage is that, at the moment, especially for front-line communities, most of the impacts already defy human adaptation. People are no longer able to adapt to the loss of their cultures, total starvation, total crop failure or the loss of their homes. These challenges and disasters require immediate support and that is why we are saying we need to ensure our leaders agree on the establishment of a loss and damage finance facility, but also agree on the governance and structure this kind of facility would have to ensure the finance reaches the front-line communities. This is one of the asks. The arguments the leaders come up with must ensure these finances reach the people they are supposed to reach because existing finances have not been able to achieve that. Front-line communities are still not able to access the finances. Loss and damage would be an opportunity for leaders to build the trust that has been lost on climate finance.