Social Protection and the Function of the Loss-Damage Fund in Climate-induced Migration

Today, the accelerated effects of climate change on people's life and ways of livelihood are becoming more and more important. People may use migration as a coping strategy if environmental shocks continue. Resilience to climate change is increased when social protection measures like cash transfers, public works, and economic inclusion are integrated with climate adaptation. Key international agreements also acknowledge social protection as a useful instrument for alleviating poverty and vulnerability brought on by climate change. Loss and damage through climate justice highlights how industrialized nations have historically contributed to the global ecological crisis. On a worldwide level, however, inadequate funding for loss and damage continues to be a major cause of problems. Reducing migration related to climate change can be achieved through increasing adaptive capacity, diversifying local livelihoods, creating social safety networks, and using loss and damage mechanisms. This study examines the combined effects of economic development, social policy, and climate finance on reducing migration related to climate change. It emphasizes on the role of social protection systems and the loss and damage fund among these mechanisms.