Whose Loss? Whose Damages? By: Reverend Leo Woodberry
and damages. Unfortunately, the same situation does not exist for people in the developing world. In many developing countries, they not only do not have homeowner's insurance, FEMA, or adequate nonprofit organizations that can assist them at a time of disaster. In many cases, they don't have homeowner's insurance, or even mortgages. The question of loss and damages has been divided into two parts with a clear line of demarcation that makes very little sense. You see, the problem of recovering from weather related disasters is not limited in the developing world. When we look at the United States of America, we realize that people who were involved in Hurricane Hugo 39 years ago, Hurricane Katrina 17 years ago, Hurricane Maria, five years ago in many instances have not been able to recover from the loss in damages that they suffered. While we are blessed to have more financial mechanisms in place. We have failed to help those who labored in our fields and served as domestic
As a participant in the 2022 COP that is held by the United Nations FCC. I was prepared once again to bring up the issue of loss and damages. For many years, NGOs, non- governmental organizations or as we call them in the United States, nonprofits, have been advocating for a financial mechanism that will allow developing countries to put money in a financial mechanism so that developing countries that are suffering the impacts of climate change will be able to recover quickly from a loss in damages they face from tsunamis, typhoons, hurricanes, and other related climate disasters. Unlike the United States of America and other developing countries, we have all kinds of financial mechanisms in place to assist us with any loss or damages that may occur during a climate impact such as wildfires or flooding. We have FEMA, homeowners insurance, and nonprofit organizations such as the Red Cross and Salvation Army. All of which come to the aid of citizens who are experiencing some level of loss
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