For Southeast Asian countries, the Loss & Damage Fund should be a standalone Fund, easily accessible to local communities, and open to innovative financing.
The Paris Agreement’s target of limiting global temperature rise to 1.5 degrees is largely dependent on Carbon Dioxide Removal (CDR) approaches and climate finance institutions are already supporting such afforestation schemes. The report describes existing trends in the field of large-scale biosequestration and examines the social and ecological impacts of such projects.
