Finance should come in the form of grants, not loans. Loans would simply add to poorer countries debt, inhabiting them to genuinely address Loss and Damage.
Finance must be new and additional to existing climate finance and overseas development assistance.
Finance must be source from those who are historical responsibility for the climate crisis and have the resources to pay, i.e. the wealthiest and highest-emitting countries, corporations and/or individuals.
Finance must be allocated on the basis of need, as opposed to an arbitrary number, either through the Green Climate Fund or a new international loss and damage fund.