Australia contributes $50 million for loss and damage from climate change

Australia will contribute $50 million to the Fund for Responding to Loss and Damage, to assist countries impacted by the climate crisis.

Australia recognises the devastating impact climate change is having on the livelihoods, security, and wellbeing of climate vulnerable countries and people, particularly in the Pacific region.

The Fund will assist developing countries respond to extreme weather and slow onset climate events, addressing the economic and non-economic impacts of climate change.

Support for loss and damage is a priority for Pacific countries, who face an existential threat from climate change. We recognise the leadership of the Pacific in driving global climate action.

Australia joins Canada, Germany, the United Arab Emirates, the United States and the United Kingdom, among others, who are also contributors to the Fund.

This contribution complements our foundational $100 million commitment to the Pacific Resilience Facility, our $50 million contribution to the Green Climate Fund and the incorporation of climate change action as a central pillar of Australia’s international development program.

Quotes attributable to Minister for Foreign Affairs, Senator the Hon Penny Wong:

"We recognise the profound impact of climate change on Pacific communities, culture and livelihoods.

"Australia is proud to stand with our Pacific partners in addressing the climate crisis. We share the responsibility of protecting the lives and livelihoods that rely on the Blue Pacific."

Quotes attributable to Minister for Climate Change and Energy, the Hon Chris Bowen MP:

"Now is the time for action and implementation – and for all major economies to do their part.

"Australia is committed to supporting Pacific priorities and welcomes Pacific leadership to drive climate action, including on responding to loss and damage."

Quotes attributable to Minister for International Development and the Pacific, the Hon Pat Conroy MP:

"Australia made a foundational commitment to the Pacific Resilience Facility, which will also support projects to address loss and damage.

"We are continuing to listen and respond to Pacific-led priorities across our vast range of economic, development, climate change and humanitarian initiatives."

Quotes attributable to Assistant Minister for Climate Change and Energy, the Hon Josh Wilson MP:

"We need to be working together to respond to the impacts of climate change, particularly in the Pacific. This new Fund will be an important contribution to global efforts."