Launch of alliance for locally-led approaches for transformative action on loss and damage (ALL ACT)

A group of least developed countries (LDCs) and Small Island Developing States (SIDS) have formed an alliance to create national finance facilities to address loss and damage from climate change. The facilities will pool funding from the private sector, development aid, philanthropies, insurance, debt relief and national budgets.

This is a recording of the launch of the alliance on 6 March 2023 by the International Centre for Climate Change and Development (ICCCAD) and the International Institute for Environment and Development (IIED).

ICCCAD and IIED are proposing the alliance to directly support countries and communities experiencing loss and damage by helping them optimise existing finance and expertise through the creation of national facilities, making them ready to deploy additional funds when available.

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