Fund for Responding to Loss and Damage (FRLD) Faces $2.8 Billion in Requests, 11x its Current Budget Ahead of Critical Manila Board Meeting
- Fill The Fund
- Jul 6
- 3 min read
9th FRLD Board Meeting
Press Conference: 7th July, 2026, Manila
MEDIA ADVISORY FOR IMMEDIATE RELEASE
Fill The Fund Campaign to Host Press Conference on Historic Funding Gap, Resource Mobilization and Funding Policies
MANILA, PHILIPPINES, Ahead of the 9th Board Meeting (B9) of the Fund for Responding to Loss and Damage (FRLD), the Fill The Fund campaign will host a press conference on Tuesday, 7th July 2026, at 8:00 PM Manila Time (PHT) / 12:00 PM GMT/UTC. Leading civil society advocates will discuss the severe financial shortfalls facing the Fund, upcoming historic funding approvals, and the urgent need for a multi-billion dollar replenishment strategy.
The start-up phase of the FRLD, known as the Barbados Implementation Modalities (BIM), has received a staggering 176 formal funding requests totalling 2.8 billion USD from 119 countries. This demand is more than 11 times the 250 million USD currently allocated to the BIM.
The Global South is being forced to pick up the bill for a climate crisis they did little to cause. While rich polluting nations claim they cannot afford to pay their climate debt, the money clearly exists. For context, in 2025, Donald Trump’s crypto earnings alone were 1.4 billion USD, more than 36 times the amount pledged to the FRLD that same year. A global wealth tax alone could easily raise 2.5 trillion USD annually, while trillions continue to be spent on war, and fossil fuel companies rake in record profits.
The press conference will break down the critical items on the B9 agenda and outline the campaign's demands for the Board to deliver genuine climate justice.
PRESS CONFERENCE DETAILS
WHEN: Tuesday, 7th July 2026 | 8:00 PM PHT (Manila Time)/ 12:00 PM UTC
WHERE: Online via Zoom. Please register here to receive an access link.
WHO: Leading climate justice advocates, representatives from civil society organizations, and FRLD Board Members.
KEY ISSUES & CAMPAIGN DEMANDS AT B9 (JULY 8-10)
The $2.8 Billion Funding Pipeline: The BIM call for funding (open Dec 2025 - June 2026) saw an average request of 15.9 million USD per application. Africa accounted for the largest share of requested funds (1.4 billion USD across 81 requests), followed by the Asia-Pacific (751.1 million USD, 49 requests), Latin America and the Caribbean (611.6 million USD, 42 requests) and Eastern Europe (54.3 million USD, 4 requests).
Historic First Funding Approvals: The Board will consider the first four funding requests from Haiti, Nigeria, Jamaica, and Côte d'Ivoire. Together, these total 77.4 million USD nearly a third of the entire 250 million USD BIM start-up allocation, proving how quickly current resources are being exhausted.
Resource Mobilization Strategy (RMS) & Replenishment: Without new pledges, the FRLD risks running entirely out of money by 2027. We demand that the first replenishment process sets a target of at least 50 billion USD a year (totalling 200 billion USD between 2027 and 2031) in new, additional, public, and grant-based finance from wealthy polluting nations. Developing countries will ultimately require at least 400 billion USD annually from the FRLD by 2035.
Direct Budgetary Support & Community Access: The campaign emphasises that the FRLD must establish operational mechanisms for Direct Budgetary Support (DBS) to developing nations, ensuring national ownership and rapid, flexible disbursement. Crucially, the Board must also create a dedicated, additional funding stream explicitly designed for direct community access, bypassing bureaucratic bottlenecks to deliver resources straight to frontline communities, civil society, and Indigenous Peoples.
Media Contact:
Harjeet Singh, Convenor, Fill The Fund Campaign
Email: press@satatsampadaclimate.org
Phone Number / WhatsApp: +91 98100 36864
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