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Munich Climate Insurance Initiative (MCII)

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    PROJECT: Loss and Damage in Vulnerable Countries Initiative

    Following a proposal put forward by the Alliance of Small Island States (AOSIS) in 2008, the issue of Loss and Damage was included on the agenda of official international climate negotiations. Despite this achievement, the exact definition of Loss and Damage is still being contested and argued over within the United Nations Framework Convention on Climate Change (UNFCCC).