Disaster & Management

Developing countries, China seek ‘loss and damage’ fund – draft proposal

The subject of loss and damage has for the first time been included on the official COP agenda. But developed and developing nations are split over whether a new mechanism is needed or whether existing financial institutions can deliver the cash needed. The G77 bloc...

India submits long-term strategy to achieve net-zero target by 2070

India submits long-term strategy to achieve net-zero target by 2070

Bhupender Yadav,Union Environment Minister India's approach to low-carbon development is based on four key considerations -- low historic contribution to global warming, energy needs for development, commitment to low-carbon growth according to national circumstances...

African insurers take up climate change fight with $14 bln pledge

African insurers take up climate change fight with $14 bln pledge

The newly created African Climate Risk Facility(ACRF) will provide protection for 1.4 billion people against floods, droughts and tropical cyclones by providing $14 billion of climate risk insurance by 2030 to African sovereigns, cities, humanitarian organizations and...

Reeling from floods, Pakistan seeks climate compensation, debt relief

Pakistan and other climate-vulnerable countries are demanding that the U.N. climate talks this year in Egypt take steps to mobilize "loss and damage" funds for disaster-hit nations, and some say rich nations have a duty to pay these costs because their historical...