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When people leave their homes—voluntarily or not—due to climate-exacerbated events, they endure economic and non-economic losses and damages. These include loss of income, housing, and savings; separation from traditional lands or cultural assets; and a lack of social support systems, among other costs. Developing countries often have limited resources to devote to recovery and struggle to fully meet the needs of affected populations.
In November 2025, the Fund for Responding to Loss and Damage took an important step to address this challenge by opening its first call for funding requests from developing countries, backed by $250 million under the Barbados Implementation Modalities. This moment raises critical questions. Can the Fund help unlock stronger global support for climate mobility? Will stakeholders applying to access financing from the Fund prioritize mobility considerations? And who will bear the financial burden for the losses and damages suffered by those impacted by climate change?
Join Carnegie’s Sustainability, Climate, and Geopolitics program for a panel discussion that will bring together climate, mobility, and finance experts, as well as national governments, to discuss the implications of climate mobility funding. Carnegie Fellow Alejandro Martin Rodriguez will address these and other issues with Refugees International’s Jeremy Konyndyk and the Migration Policy Institute’s Lawrence Huang. More speakers will be announced soon.
