ACCESS4ALL Group

COP27 established the Loss and Damage Fund as a major breakthrough to support vulnerable nations, with subsequent COPs advancing its operationalization . COP26 laid groundwork through recognition but no dedicated facility, while COP28-30 built on this with pledges, governance, and reviews. Key progress spans fund setup, initial funding over $700 million, and integration into broader climate finance goals.COP26 Outcomes Glasgow recognized loss and damage needs but rejected a finance facility amid opposition from major economies . The Glasgow Dialogue initiated discussions on funding arrangements.COP27 Break through Sharm el-Sheikh created the fund and a transitional committee for implementation by COP28, plus the Santiago Network for technical support.COP28 Advances Dubai operationalized the fund with $700 million in pledges and appointed its leadership under UNFCCC oversight.COP29 ProgressBaku adopted formal fund arrangements, enhancing links to climate finance mechanisms.COP30 DevelopmentsBelém completed the Warsaw International Mechanism review, issued fund guidance linking to new finance goals, and enabled startup operations via Barbados Implementation Modalities for direct support to developing countries.