Opt-Out Process for Developing Countries
4 Pages Posted: 2 Dec 2014
Date Written: December 1, 2014
The Carbon Majors Funding Loss and Damage report by the Heinrich Böll Foundation and Climate Justice Programme proposes an international funding mechanism for loss and damage that would be funded by private and state actors that contribute significantly to GHG emissions. This paper explores special rules for state owned companies from developing countries that would be required to contribute to the proposed funding mechanism.
Keywords: climate change, loss and damage
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