Climate compensation ruled out in Paris deal

Countries have agreed to work to tackle loss and damage from climate change, but have explicitly ruled out “any liability for compensation” under the Paris Agreement.

Countries agreed to cooperate on early warning systems and risk insurance facilities, among other actions to address loss and damage.

Loss and damage got its own separate article of the Paris Agreement, putting it on a par with mitigation and adaptation as a pillar of climate action. This goes beyond the previous idea of rolling loss and damage into one chapter with adaptation.