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COP29 climate talks urged to find $1 trillion a year for poorer countries

by AIP Online Bureau | Nov 14, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News

A previous goal of $100 billion per year, which expires in 2025, was met two years late in 2022, the OECD said earlier this year, although much of it was in the form of loans rather than grants, something recipient countries say needs to change. Setting the tone at...
Historic compensation fund approved at UN climate talks

Historic compensation fund approved at UN climate talks

by AIP Online Bureau | Nov 20, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

The decision establishes a fund for what negotiators call loss and damage. It is a big win for poorer nations which have long called for cash sometimes viewed as reparations because they are often the victims of climate worsened floods, droughts, heat waves, famines...
climate talks lends India time to transition

climate talks lends India time to transition

by AIP Online Bureau | Nov 18, 2021 | Articles, Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography

The Global Climate Risk Index 2021, a ranking from research group Germanwatch, put India among the top 10 countries most affected by climate change. The South Asian nation is experiencing rising heat and sea levels, as well as erratic rainfall and stronger cyclones....

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