Countries and communities are exposed to increasingly harmful effects of climate change, leading to loss and damage. These concerns must be urgently addressed, especially in least developed countries (LDCs) and Small Island Developing States (SIDS).

After decades of lobbying by LDCs, SIDS and others, the world has woken up to this situation, and negotiators at the 27th United Nations Climate Change Conference (COP27) agreed to establish a loss and damage fund. But much remains to be done.

This briefing explains how and why the Alliance for Locally Led Approaches for Transformative Action on Loss and Damage (ALL ACT) —  a proposed new partnership between IIED and the International Centre for Climate Change and Development (ICCCAD) — will ensure loss and damage finance and technical assistance are agile enough to address the needs of vulnerable people at the speed and scale necessary.