Climate change is not just an environmental issue, but it has devastating consequences for the economy, society, culture and psychology of affected communities. Loss of infrastructure and disruption of vital economic sectors lead to economic losses and instability. Displacement and migration caused by climate-related disasters create social challenges and disrupt traditional ways of life, leading to the loss of cultural heritage and knowledge systems. The consequences of climate change impact all corners of the world particularly developing countries like Pakistan. The disproportionate impact of the LDF needs urgent action. Developed nations are historically responsible for most greenhouse gas emissions and it’s their responsibility to provide financial and technical support to help vulnerable communities cope with loss and damage. Additionally, international cooperation and knowledge sharing are crucial to build resilience and ensure a just and equitable transition for the future. Ignoring the disproportionate burden of loss and damage on vulnerable communities is not only wrong but also strategically short-sighted. Globally economic losses from hurricanes and droughts are staggering while social challenges arise from displacement and loss of cultural heritage. In Pakistan, floods cause immense economic damage, while rising sea levels threaten coastal communities. Growing demands for justice, a rising tide of scientific evidence and urgent calls from young people fuel a global push for addressing loss and damage from climate change. Developed nations are historically responsible for most greenhouse gas emissions and it’s their responsibility to provide financial and technical support to help vulnerable communities. The announcement of the LDF took place after COP-27, last year. However, it required five separate meetings through ‘transitional committees’ to reach a point where countries could agree on a text. This agreed-upon text was then passed on the first day of COP-28 by President, Sultan Ahmed Al Jaber. Addressing loss and damage is no longer a future concern, it is an urgent present necessity. COP-28 marked a turning point for loss and damage with the historic agreement on a dedicated fund, increased political will and growing scientific consensus. Building on existing initiatives and driven by urgent calls from young people and communities. The international community now has the tools and resources to ensure all communities are protected from climate change impacts. LDF as a financial mechanism seeks to aid vulnerable nations in the reconstruction of crucial physical and social infrastructure. The establishment of this fund was among the concrete decisions made during COP-28. The World Bank played an important role by becoming an initial host of the loss and damage fund at COP-28 sparked debate. Developing countries are worried about bias, lack of representation and policy clashes. However, the Bank’s expertise and credibility made it a temporary option. A draft proposes temporary hosting with safeguards while a permanent and fair governance structure is still under negotiation. Pakistan was selected as the founding Board of the LDF and secured roles on four significant committees of the United Nations Framework Convention on Climate Change (UNFCCC). These committees include the Technology Executive Committee, the Paris Committee on Capacity-Building, the Advisory Board of the Santiago Network and the Standing Committee on Finance. These committees are tasked with addressing diverse aspects of climate change such as technology, innovation and finance, contributing to the realization of the goals outlined in the Paris Agreement. COP-29 stands at a critical juncture for addressing loss and damage. To seize this moment the conference must prioritize ambition translating discussions into concrete outcomes. Ensuring equity and justice requires centring the voices of vulnerable communities and acknowledging historical responsibilities. Fostering innovation and knowledge sharing through research, collaboration and indigenous knowledge is key to accelerating progress. An inclusive and transparent process with meaningful participation and open decision-making is vital for building trust and legitimacy. To boost civil society’s access to the loss and damage fund, concerted action is key. Advocacy campaigns can ignite public support, influence policy for equitable governance and empower local communities. Collaboration is crucial with networks sharing expertise and exploring alternative funding models. Building trust requires showcasing successful projects, strengthening organizational capacity and contributing knowledge to build effective adaptation strategies. Lastly, there is a need to establish a dedicated loss and damage finance facility, increase the financial support from developed nations and invest in research and innovation for adaptation and mitigation strategies. Also empowering vulnerable communities through capacity-building initiatives is vital for long-term resilience. By implementing these solutions and fostering global collaboration we can build a world where communities are not just surviving but thriving even in the face of climate change. Finally, a long-term vision that integrates loss and damage into national and international strategies aligns financial commitments with long-term goals and builds a global risk management framework is essential for ensuring a future where vulnerable communities thrive despite climate change. Only through collective action and commitment to these priorities, we can deliver on the promise of addressing loss and damage and building a just and sustainable future for all. The writer is a Researcher at the Sustainable Development Policy Institute (SDPI).