COP29: Climate disaster fund for poor countries 'ready' - News Summed Up

COP29: Climate disaster fund for poor countries 'ready'


A woman cleans the floor in front of the logotype at the venue for the 2024 United Nations Climate Change Conference (COP29) in Baku on November 11, 2024. [AFP]A long-sought disaster relief fund to help vulnerable countries weather the storm of climate change will start handing out aid next year, officials at COP29 in Baku said Tuesday. The fund was agreed in a historic first at the last United Nations climate summit in Dubai last year to help developing countries rebuild in the wake of climate disasters. Human-driven climate change is making floods, hurricanes and extreme weather events more ferocious and more frequent, scientists say. Some estimates suggest developing countries need over $400 billion annually to rebuild after climate-related disasters.


Source: Daily Nation November 13, 2024 04:03 UTC



Loading...
Loading...
  

Loading...