A Post-colonial Loss and Damage Fund: An Unequal Exchange of Responsibilities and Resources

By Adrián Martínez, Adriana Vásquez, Andrés Romero, María Paula Calvo, Angélica Cordero and Marie Fisher
15 / 03 / 2024
Image credit: La Ruta del Clima

We understand loss and damage as an existential threat to our people. Central America is highly vulnerable to climate hazards, but we are not alone, West, Central and East Africa, South Asia, South America, Small Island Developing States and the Arctic are also threatened. In highly vulnerable regions, human mortality due to droughts, floods and storms is up to fifteen times higher than in other regions. Humankind and other species living on our territory have become vulnerable to climate change.

Historical and current patterns of inequality rooted in governance structures, socio-economic development, marginalisation and colonialism are factors that increase vulnerabilities to climate change affecting our peoples and ecosystems. In our region, extractivism from the Global North and debt repayment dries up our resources and erodes governance systems. Inequality, marginalisation and poverty place us in vulnerable and unjust con- ditions. Socio-economic trends and growing inequality are at the root of future exposure to climate hazards.

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