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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 December 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. Our event will begin with opening remarks from Carlos Andrés Alvarado Quesada, former president of Costa Rica. Then, Carnegie fellow Alejandro Martin Rodriguez will moderate a discussion on these and other issues with Mathilde Laurans of the Fund for Responding to Loss and Damage, Refugees International’s Jeremy Konyndyk, Dalila Polack of the International Organization for Migration, and the Migration Policy Institute’s Lawrence Huang.
