The Warsaw International Mechanism for Loss and Damage promotes the implementation of approaches to address loss and damage associated with climate change impacts, in a comprehensive, integrated and coherent manner (See decision 2/CP.19 for the details). The mechanism is established under the United Nations Framework Convention on Climate Change to assist developing countries that are particularly vulnerable to the adverse effects of climate change by:
● Enhancing knowledge and understanding of comprehensive risk management approaches to address loss and damage
● Strengthening dialogue, coordination, coherence and synergies among relevant stakeholders
● Enhancing action and support, including finance, technology and capacity-building
Through these functions, the mechanism implements Article 8 of the Paris Agreement.
The Executive Committee of the Warsaw International Mechanism guides the implementation of those functions through its workplan, and with the support of thematic expert groups. The Executive Committee adopted its second five-year rolling workplan at ExCom 17 (September 2022).
The current work plan has five strategic workstreams (see the accordions below), addressing loss and damage associated with climate change impacts. In fulfilling its mandate the Executive Committee also develops initiatives, such as the Fiji Clearing House for Risk Transfer, which connects experts and those looking for risk transfer solutions in order to build tailor-made responses, to foster climate-resilient sustainable development.