Describe the concept of loss and damage and evaluate its relevance in ensuring climate equity.

Loss and damage is the concept that had been in discussion from long time but recently materialized by establishing Loss and Damage fund in UNFCCC.

[Diagram shows: Loss and Damage → Historically high GHG emitters and polluters → High damage compared to % → Develop countries control to LDC fund → Fund used to mitigate loss & damages in vulnerable nations]

Loss and Damage relates to the impacts of climate change that cannot be adapted or mitigated. It captures economic and non-economic losses from adverse climate impacts.

— Snehith Chakka · AIR 139