Q. With reference to “loss and damage” term used in the context of climate change, consider the following statements:
1.It is the damage caused by the climatic action that can be sustained by the people.
2.It is caused by the extreme weather conditions like cyclone and droughts.
Select the correct statements using the codes given below:

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: B
Notes:

Statement 1: The statement is incorrect. “Loss and damage” is a term used in UN climate negotiations to refer to the consequences of climate change that go beyond what people can adapt to, or when options exist but a community doesn’t have the resources to access or utilise them.

Statement 2: Loss and damage are generally understood to result from extreme weather events like cyclones, droughts, heatwaves, and slow-onset changes – such as sea level rise, desertification, glacial retreat, land degradation, ocean acidification, and salinization.

Source: The Hindu