Global North's role in addressing climate risk in developing nations

Banking & Financial Services
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Nathalie Cahn Spokeswoman | KfW Group

As the impacts of anthropogenic climate change continue to escalate, developing countries face heightened risks from extreme weather events. The increased costs associated with safeguarding against these events have become a global concern. Attribution theory offers a means to distinguish between natural climate variability and human-induced climate changes, enabling more precise allocation of costs.

This differentiation has significant implications for the ongoing discussions about loss and damage responsibilities. The latest issue of Development in Brief delves into both the potential and limitations of attribution theory in this context.