UNITED NATIONS, October 8 (IPS) - In recent years, international climate financing has declined sharply, leaving billions of people in developing nations increasingly vulnerable to natural disasters and unable to adapt effectively. With major cuts in foreign aid, these communities are expected to face the brunt of the climate crisis, while wealthier nations continue to reap economic benefits.
THE HAGUE, Netherlands , October 8 (IPS) - New research by Oxfam and the CARE Climate Justice Centre finds developing countries are now paying more back to wealthy nations for climate finance loans than they receive—for every USD 5 they receive, they are paying USD 7 back, and 65 percent of funding is delivered in the form of loans.
NAIROBI, October 8 (IPS) - Once a year, the COP presidency or the role held by the Minister of Environment from the host government at a Conference of the Parties (COP) meeting, sets out on an ambitious, year-long journey in hopes of delivering the climate deal of a lifetime.
As indirect talks in Egypt seeking to end Gaza’s two-year war continue, the UN World Health Organization (WHO) says rebuilding the devastated health system is critical to securing lasting peace and stability.
Across Europe and beyond, housing costs are rising faster than incomes and many families are spending up to half their salary just to have a place to call home.