Fishermen at Valiathura beach are getting ready for their daily fish catch, while other community members enjoy the evening beauty of the beach. Photo: Langscape Magazine
Fishermen at Valiathura beach are getting ready for their daily fish catch, while other community members enjoy the evening beauty of the beach. Photo: Langscape Magazine

Non-economic loss and damage is the forgotten piece in climate change solution

In recognition of the importance of non-economic losses, NELD has been included in the work plan of the Warsaw International Mechanism as a specific work area of the UNFCCC. As climate change unfolds, its impacts are prevalent in every sphere of life now. Marginalized, vulnerable, and poor people are particularly affected by climate change in various ways. Financial help may get them back on their feet, but it is not enough to truly remedy their suffering. The loss of lives, land, territory, language, and culture can't be valued in monetary terms. It is critically important to pay attention to this aspect of climate change-induced loss and damage. The adverse impacts of climate change have been predicted for decades now, which are increasingly manifesting as heatwaves, floods, wildfires, and droughts. Climate change is unequivocally human-induced and indisputably an issue of climate justice, associated with development failures and lack of sufficient mitigation and adaptation. Even though the Paris Agreement in 2015 has set out a global goal of limiting global temperature rise to 1.5C, today we are facing the brunt of increasing temperature, causing many extreme events that are wrecking people's lives. While there are numerous ways to experience loss and damage from climate change, policymakers and researchers should focus on those that can be easily measured. However, it is often the less tangible or difficult-to-measure losses that can undermine and destroy entire societies and cultures. 

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