CSA Side Event COP 29

Background

The Climate Solidarity Levies/Alliance Initiative is headed by Professor Benito Müller (OCP, ecbi and University of Oxford). Climate Solidarity Levies were first proposed in April 2023 in a Manifesto on an Innovative Funding Source for the new Loss and Damage Response Fund. They are domestic (national or sub-national) levies collected in domestic loss and damage trust funds, such as the 2019 Fiji Climate Relocation of Communities Trust Fund, modelled on the 2006 French Solidarity Air Ticket Tax, proposed in 2005 by Presidents Chirac (France) and Lula (Brazil).  The idea is that developed countries use a mojority proportion of the CSL revenue to contribute to the new multilateral Fund for responding to Loss and Damage (FRLD), while developing countries may contribute something, but strictly on a voluntary basis.

The idea of the Climate Solidarity Alliance is that countries with CSLs form an alliance in order to support each other not least by providing ‘solidarity paybacks’ to developing country members that choose to contribute to the FRLD, e.g. if Fiji were to contribute x from their L&D Trust Fund to the FRLD then they would get 2x back from (developed country members of the) Alliance, directly into their Trust Fund.  

Registration

The Side Event is co-hosted by Danish Church Aid, OCP, and the International Peace Institute.

For virtual participation, please register with Sofie Hesthaven Pultz: sopul@dca.dk