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<p>The Glasgow Climate Pact (GCP) put in place a new Glasgow Dialogue that will discuss
the arrangements for the funding of activities to avert, minimise and address loss
and damage, but it did not agree to the creation of a loss and damage finance fund
by COP27. The first dialogue will take place in June 2022, and further dialogues will
take place every year to 2024. The GCP also noted existing funding for climate, disaster
reduction and response is relevant to loss and damage.</p><p> </p><p>We continue to
encourage donors to increase the attention given to loss and damage which was reiterated
at the Ministerial meeting including over 40 governments, hosted by Denmark on 12th
and 13th May and co-chaired by the UK and Egypt.</p>
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