BFM 89.9

HIGHLIGHTS 
Podcast  >  Bigger Picture  >  Earth Matters  >  Journey to Establish Climate Loss and Damage Fund Continues

Journey to Establish Climate Loss and Damage Fund Continues

Meenakshi Raman, President, Sahabat Alam Malaysia, Head of Programmes, Third World Network (TWN)

15-Nov-23 15:00

Journey to Establish Climate Loss and Damage Fund Continues

At last year’s COP27 summit in Egypt developing nations celebrated a victory when they secured an agreement on the Loss and Damage Fund – something that had been advocated for for decades. Following that, a transitional committee composed of members from developed and developing countries were tasked with discussing what this fund would look like - from who would pay into this fund to where it would be located - ahead of a final decision being made at COP28 in Nov/ Dec 2023. After what has been described as "lengthy and heated negotiations" a draft framework for a new UN fund to help nations recover from the “loss and damage” caused by climate change has been agreed upon, though with the US remaining isolated and expressing dissatisfaction at the draft. What were the points of contention? What is in the three-part package proposal, presented as a "take it or leave it" text by the Co-Chairs? We speak to Meenakshi Raman, the President of Sahabat Alam Malaysia, and Head of Programmes at the Third World Network (TWN) to find out more.


Image Credit: Shutterstock

Presented by: Juliet Jacobs


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  environment

Tags:  loss and damagecop28climate crisissahabat alam malaysiaadaptation and mitigationCOP27climate financingclimate justicethird world network





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) Kiron Kesav, Chief Strategy Officer at PHD APAC, OMG Malaysia On how Key Opinion Leaders (KOLs) influence consumer trust, green marketing, and the rise of authenticity in sustainable fashion branding.

12:00 PM

BBC World Service

(REPEAT) This episode focuses on H5N1 bird flu cases with deaths rising sharply in Cambodia, raising concern among experts.

1:00 PM

A Bit of Culture

(REPEAT) This week, Kam Raslan, Sheryll Paul and Sudais Ferhard talk about fitness classes, actors speaking in foreign accents, and physical media.

2:00 PM

Ringgit & Sense

(REPEAT) Siew Yuen Tuck, CEO of Ringgitplus discusses the financial literacy and consumer behavior in Malaysia.

2:30 PM

The Property Show

(REPEAT) Cha-ly Koh, CEO of Urbanmetry, discusses how to design a walkable city and prioritise public transport under the KL Local Plan 2040.

3:00 PM

Best of The Bigger Picture

(REPEAT) We speak to Dr Peter Selzak about what being the descendant of holocaust survivors taught him about how to view the Zionist project of the State of Israel, how antisemitism is being weaponised by the right-wing and more.

4:00 PM

Best of Evening Edition

(REPEAT) This week on Good Things, we hear from Cikgu Rahayu about the fight to protect stateless children—and how Yayasan Chow Kit is helping them find a place to call home.

5:00 PM

BBC World Service

This episode of People Fixing The World invites us to rethink our ways of dealing with food waste, speaking to people who are trying alternative ways to tackle the problem.