# L&D Pilot Funding Arrangements - Tools to respond to non-economic loss and damage

Published by Perspectives Climate Group. Canonical page: https://perspectives.cc/work/publications/ld-pilot-funding-arrangements-tools-to-respond-to-non-economic-loss-16415

Non-economic loss and damage (NELD) refers to the broad range of losses and damages induced by climate change impacts that cannot be measured in monetary terms, in contrast to economic loss and damage for which monetary valuation is possible (e.g. infrastructure, assets, and income). NELD and economic loss and damage are intertwined, but, thus far, humanitarian, development, and adaptation practitioners have largely focused on saving lives and economic recovery, through reconstruction and rehabilitation. NELD are likely to bear more importance than economic loss and damage for households and communities in developing countries. Recognizing and managing the risk of NELD should, therefore, be a central part of loss and damage recovery interventions given their impact on human welfare.

## Details

- Authors: Max Schmidt, Sherri Ombuya
- Year: 2023
- Published by: Perspectives Climate Group
- Topics: Mitigation & Adaptation Strategies
- PDF: https://ecbi.org/sites/default/files/L%26D_Pilot_Funding_Arrangements.pdf

Cite this page as: Max Schmidt, Sherri Ombuya (2023). L&D Pilot Funding Arrangements - Tools to respond to non-economic loss and damage. Perspectives Climate Group. Available at: https://perspectives.cc/work/publications/ld-pilot-funding-arrangements-tools-to-respond-to-non-economic-loss-16415