The international climate conference COP27 last year has closed with a breakthrough in providing “loss and damage” funding for vulnerable countries hit hard by climate disasters. The heavy floods in Pakistan and the dire droughts in Eastern Africa in 2022 have shown us before our eyes, urgent and concerted action is needed to create protection against increasing levels of climate disasters.

Against this background, Germany, under its G7 presidency, has teamed up with the group of the most vulnerable countries, the V20 (“the Vulnerable Twenty”), and created the Global Shield against Climate Risks initiative. The current issue of “Development in Brief” explains the initiative's approach and how it differs from the previous response to climate disasters.

The climate crisis is now – Call for protection against climate risks(PDF, 78 KB, accessible)