The Global South has long decried the failure to implement the Loss and Damage Fund, a critical financial mechanism aimed at supporting countries disproportionately affected by the devastating impacts of climate change.
These nations, many of which contribute only a fraction to global pollution, face rising sea levels, extreme weather events, and prolonged droughts, all while lacking the resources to recover and adapt.
As we approach COP29, the urgency for actionable support is growing, especially in developing countries bearing the dire environmental consequences.
However, in a move toward addressing these demands, the Board of the Fund for Responding to Loss and Damage (FRLD) has announced the appointment of Ibrahima Cheikh Diong as its first Executive Director.
Starting his four-year term on November 1, 2024, Mr. Diong will lead the effort to direct financial support to millions of people in vulnerable countries.
With a wealth of experience in climate change, finance, and development, the Senegalese-American national is set to provide strategic guidance to ensure that the FRLD delivers on its mandate to aid those most impacted by climate change.
Diong expressed his gratitude for being chosen to lead the Fund for Responding to Loss and Damage, especially at a time when climate change is posing a serious threat to people’s lives and livelihoods, particularly in developing countries.
He stressed the important role the Fund will play in helping communities that are hardest hit by climate disasters, and he pledged to take on the responsibility with dedication.
According to Diong, he is eager to collaborate with the Board, partners, and stakeholders to bring much-needed support to low-income countries facing the worst effects of climate change.
Currently, Diong serves as the Special Representative for the President of the Arab Bank for Economic Development in Africa, focusing on Environmental, Social, and Governance (ESG) issues.
His previous experience includes serving as Assistant Secretary General at the United Nations and Director General of the African Union’s African Risk Capacity (ARC) Group, where he helped shape the organisation’s strategy.
He has also held high-level roles in finance, government, and international cooperation, including working in Senegal’s remote villages to improve access to water.
Selected through a fair and transparent process, Diong’s leadership brings hope for a brighter future for countries struggling to cope with the climate crisis.