Press Releases

Belém, Brazil – Today, at the 30th United Nations Climate Change Conference (COP30), the Fund for responding to Loss and Damage (FRLD) has launched its first call for funding requests for the Barbados Implementation Modalities (BIM). This milestone marks the Fund’s transition to active operationalization, enabling it to initiate its first interventions to respond to climate-induced loss and damage for developing countries.

The BIM has been allocated an initial USD 250 million to support response efforts in developing countries facing economic and non-economic loss and damage from slow-onset and extreme climate-induced events. The call for funding requests underscores the Fund’s commitment to delivering timely and targeted support to the people on the front lines of the climate crisis. In line with the Fund’s principles, the BIM will support bottom-up, country-led and country-owned approaches to responding to loss and damage. 

New York, 23 September 2025 – The Philippines, in collaboration with the Fund for responding to Loss and Damage (FRLD), convened a high-level side event during the High-Level Week of the 80th Session of the United Nations General Assembly to galvanize political and financial momentum for addressing climate-induced loss and damage

Today, the Fund for responding to Loss and Damage (FRLD) held its inaugural High-Level Dialogue on the sidelines of the World Bank-IMF Spring Meetings, convened under the leadership of the FRLD Board and in coordination with the United Nations Secretary-General.

The FRLD represents an opportunity to reimagine how climate finance can work better for countries already experiencing the extreme impacts of climate change.

FRLD signs partnership with Santiago Network as a means to streamlining support, sharing knowledge, and coordinating delivery for addressing loss and damage.