Non-economic loss: Difference between revisions
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'''Source''' | '''Source''' | ||
United Nations Framework Convention on Climate Change (UNFCCC), 2013. Non-economic losses in the context of the work programme on loss and damage. Technical paper. | United Nations Framework Convention on Climate Change (UNFCCC), 2013. Non-economic losses in the context of the work programme on loss and damage. Technical paper. https://unfccc.int/documents/7954 | ||
'''See also''': [https://www.undrr.org/terminology/economic-loss <span style="color: fuchsia">Economic Loss</span>] | '''See also''': [https://www.undrr.org/terminology/economic-loss <span style="color: fuchsia">Economic Loss</span>] | ||
Revision as of 12:24, 22 July 2022
Definition
Non-economic losses refer to a broad range of losses that are not in financial terms and not commonly traded in markets. They may impact individuals (e.g. loss of life, health, mobility), society (e.g. loss of territory, cultural heritage, indigenous or local knowledge, societal or cultural identity) or the environment (e.g. loss of biodiversity, ecosystem services)
Source
United Nations Framework Convention on Climate Change (UNFCCC), 2013. Non-economic losses in the context of the work programme on loss and damage. Technical paper. https://unfccc.int/documents/7954
See also: Economic Loss
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