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loss and damage fund

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  1. 1
    Nepal's UN flood damage claim falls far short of costs●"Analysis: Nepal’s $20m ‘loss-and-damage’ claim only covers 0.7% of flood costs" # Nepal # UN # UnitedNations https://wwMmastodonWorldUnited Nations47 h ago

    An analysis by Carbon Brief finds that Nepal's $20 million claim under the UN 'loss and damage' climate fund covers only 0.7% of the actual costs of recent flooding, implying total damages of roughly $2.9 billion. The finding highlights the large gap between climate compensation available to vulnerable countries and the scale of destruction they face.

  2. 2
    Adam Levinson Launches Comeback After SVB Collapse Shut His Fund●Adam Levinson Is Back After SVB's Collapse Forced His Hedge Fund to Close✉newsBusinessFinance1 d ago

    Hedge fund manager Adam Levinson is returning to investing, two years after the collapse of Silicon Valley Bank forced his fund, Graticule Asset Management Asia, to shut down. The fund was hit when SVB's March 2023 failure triggered heavy losses across markets. His comeback is drawing attention as a sign that investors are moving on from the SVB fallout.