Developing nations blast $300 billion COP29 climate deal as insufficient

Developing nations blast $300 billion COP29 climate deal as insufficient

The showdown over financing for developing countries comes in a year scientists predict will be the hottest on record. Climate woes are stacking up, with widespread flooding killing thousands across Africa, deadly landslides burying villages in Asia, and drought in...

10 most climate-vulnerable countries got less than $1 year climate finance: Report

The data also shows the 10 countries most affected by climate change between 2000 and 2019 received just $23bn, less than two per cent of all climate finance, despite accounting for nine per cent of the world’s population. The 750 million people now living in these...

Multiple climate disasters trigger first ever Red Cross disaster insurance pay-out

The IFRC policy with insurance broker Aon is the first of its kind for the aid sector. It was triggered in mid-September by the deadly Asian Typhoon Yagi, which tipped total disaster spending over the 33 million Swiss franc ($37.84 million) mark, and the fund has...