FAIR FINANCE FOR LOSS AND DAMAGE: THE CASE OF LATIN AMERICA AND THE CARIBBEAN AND SWEDEN´S RESPONSIBILITY

BY OXFAM SWEDEN

10/4/25

Credit: Oxfam Sweden

The climate crisis is no longer a distant threat - it is here and striking people. In Latin America and the Caribbean, a region that accounts for just 5% of global emissions, people are already feeling the consequences in a devastating way. Droughts, storms, and floods are not just weather phenomena but tragedies that destroy lives, families, and communities. And Sweden, one of the wealthiest countries in the world, bears a heavy share of the responsibility for this.  This new report shows the vast need for compensation for losses and damages resulting from the consequences of the climate crisis.

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