Countries across the world are already experiencing climate-induced losses and damages, which often exceed their ability to address them Climate change is affecting human lives, livelihoods, economies, and other human and natural systems across the world. Developing countries such as Sri Lanka are particularly vulnerable to climate change and often have limited resources or ability to prevent the associated impacts, resulting in climate-induced loss and damage. In the sphere of climate change and the United Nations Framework Convention on Climate Change (UNFCCC), “loss and damage” refers to cl…