WIM review: guided by developing countries’ needs and strong guidance by the COP
The Warsaw International Mechanism on loss and damage (WIM) is approaching its sixth birthday and Parties are busily negotiating the Terms of Reference (ToR) for its review. ECO has listened and clearly supports the views of those vulnerable developing countries that the WIM was set up for; who ask that their needs in addressing loss and damage should be a key guiding aspect of the review. And, to be honest, understanding this request is pretty straightforward and simple. ECO was happy hearing that some Parties suggested this should include consideration of particularly vulnerable populations and ecosystems, as well as better integrating gender concerns, beyond country needs, as has already been in the work plan of the WIM. ECO is annoyed about those developed countries who are resisting referencing developing countries’ needs in the ToRs.
When negotiators hone in on finalising the ToRs, it is essential that they do so with the perspective to provide the COP with the information necessary to take immediate action to strengthen the WIM, in particular in relation to finance to allow vulnerable countries to deal with the losses they face. That is why substantive discussions on the way forward for finance, for an improved architecture and new sources of finance, need to happen between Bonn and COP25.
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