By Pinninti Krishna Rao
This textual content works to set up crucial foundations and guidance within the present technique of delivering thoughts, mechanisms and assets for mitigating loss and harm from the opposed affects of weather swap and weather variability. This builds at the foundation performed by means of the UNFCCC and different entities to facilitate the methods on the overseas point, pursuing a realistic method and the target specification of suitable frameworks for additional activities. the first objective is the advance of built-in techniques to the review and aid of loss and harm as a result of weather swap (including weather variability), encompassing either financial and criminal dimensions. The booklet is geared toward readers in top-level policymaking and approach improvement at the nationwide and overseas point, in addition to academia.
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Additional info for Climate Change Loss and Damage: Economic and Legal Foundations
An earlier report (UNFCCC 2007) suggested the role of the following mechanisms: Risk management and risk reduction strategies, including risk sharing and transfer mechanisms such as insurance; Disaster reduction strategies and means to address loss and damage associated with climate change impacts in developing countries that are particularly vulnerable to the adverse effects of climate change; Provision of financial and other incentives for, scaling up of the development and transfer of technology to developing country Parties in order to promote access to affordable environmentally sound technologies; Ways to accelerate deployment, diffusion and transfer of affordable environmentally sound technologies; and, Enhanced action on the provision of financial resources and investment to support action on mitigation and adaptation and technology cooperation.
The choice of policy instruments cannot be independent of the specifications of the relevant institutional configurations associated with the design and implementation of these instruments. Doha resolutions on compensation for loss and damage are just a prelude toward further development of legally binding agreements. However, a workable win–win framework of international cooperation can offer a good deal of relief on a track of sustainable alleviation of loss and damage in many countries. Whereas the backdrop of well-structured legal instruments is an enabler for some of the important interventions in mainstreaming disaster and loss reduction, a purely litigious route to provide and receive support in the vulnerable regions is not necessarily effective in terms and timeliness and effectiveness.
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Climate Change Loss and Damage: Economic and Legal Foundations by Pinninti Krishna Rao