Further Reading

The Bridgetown Initiative is a proposal to reform the world of development finance, particularly how rich countries help poor countries cope with and adapt to climate change.

This discussion paper from Christian Aid outlines the case for a global loss and damage fund.

This discussion paper from Christian Aid proposes a number of ideas for raising funds for a global loss and damage fund.

This briefing from Common Wealth makes the case for a windfall tax on energy companies in the United Kingdom.

This briefing from Common Wealth makes the case for a windfall tax on energy companies in the United States.

This blog series from E3G outlines the loss and damage outcomes needed at COP28.

Fanning & Hickel calculated that over-emitting global North countries will owe compensation of US$192 trillion to under-emitting countries of the global South for the appropriation of their atmospheric fair shares by 2050.

Global Justice found that the big five oil companies—Chevron, ExxonMobil, BP, Shell and TotalEnergies—owe the global south over $8 trillion for climate damage.

Grasso & Heede proposed morally based reparations for oil, gas, and coal producers, presented a methodological approach for their implementation, and quantified reparations for the top twenty-one fossil fuel companies—$209 billion to 2050.

This mapping study, a collaboration between the Loss and Damage Collaboration and the Heinrich-Böll-Stiftung Washington, DC, lays out the core principles that should guide the development of the new Loss and Damage Fund and its operational modalities.

This comprehensive book published in 2019, edited by Mechler et al, highlights the state of the art of research, political debate and policy options on Loss and Damage.

Stamp Out Poverty makes the case for a Climate Damages Tax (CDT) – a tax on the fossil fuel industry for each tonne of coal, oil or gas they extract.

This paper from the Tax Justice Network and the Global Initiative on Economic, Social and Cultural Rights argue the case for a global loss and damage fund through reform of the international tax system.