Oireachtas Joint and Select Committees
Tuesday, 28 November 2023
Joint Oireachtas Committee on Climate Action
COP28: Discussion
Mr. Michael O'Brien:
My colleagues have covered at least three things that we would like to see for the loss and damage fund. I very much echo what they have prioritised.
I wish to emphasise that the existing mechanisms within the UNFCCC, like the green climate fund, have proven problematic mechanisms in terms of access for those who are most impacted by climate change. We want to see a general improvement in and reform of existing mechanisms in order that they really do meet the needs on the ground and that necessary finance does flow to the communities that are most impacted. For us, we want a mechanism within the new loss and damage fund that ensures speedy delivery of finance to communities that are being impacted more frequently by extreme climate events and that ensures the fund itself is governed in a way that ensures inclusivity and representation of the most impacted communities.