FRLD Board to convene Ninth Meeting at ADB HQ

The Board of the Fund for Responding to Loss and Damage (FRLD) will hold its Ninth Meeting from 8 to 10 July 2026 to deliberate on key policy and operational matters aimed at strengthening the Fund’s ability to support vulnerable developing countries in responding to climate-induced loss and damage effectively.

The meeting, to be hosted by the Philippines through the Department of Environment and Natural Resources (DENR) at the Asian Development Bank Headquarters in Mandaluyong City, will bring together FRLD Board members, advisors from civil society organizations, Philippine government officials and other stakeholders.

Critical institutional frameworks

The agenda will focus on critical institutional frameworks required to deliver timely, predictable and accessible support for developing countries on the frontlines of climate change.

Key matters for consideration include the operationalization of the Barbados Implementation Modalities (BIM) — a $250-million pilot phase providing grants from $5 million to $29 million per project, funding arrangements, governance and institutional matters, resource mobilization and the replenishment processes; the Fund’s Results Measurement Framework, and Country Support System — all critical elements for ensuring the Fund is impactful and adequately capitalized to deliver on its mandate.

Assistance for climate-change vulnerable countries

The FRLD was established to assist developing countries that are particularly vulnerable to the adverse effects of climate change by providing financial support for recovery, reconstruction and long-term resilience.

Its assistance covers both economic and non- economic losses and damage resulting from extreme weather events and slow-onset climate impacts, including sea level rise, displacement, ecosystem degradation and biodiversity loss.

Since its establishment at COP28, the Fund has made remarkable progress in rapidly firming up its governance and operational frameworks, culminating in today’s milestone.

The forthcoming meeting reinforces the Philippines’ growing role in global climate governance.

Subsequent to its selection as host of the FRLD Board from among eight candidate countries in 2024, the country has hosted several Board meetings that have helped advance the operationalization of the Fund, the last being the Seventh Board Meeting held in October 2025 at the Conrad Hotel in Pasay City. The Eighth Board Meeting was held in Zambia on 22 to 24 April 2026.