$100000000000: That's how much UN needs to fight climate change every year, but it doesn't have
3 years, 3 months ago

$100000000000: That's how much UN needs to fight climate change every year, but it doesn't have

India Today  

As the action-packed week of the United Nations General Assembly began, the message was clear on the climate emergency facing the planet: “decisive action now to avert climate catastrophe.” Hours after the UNGA began, an emergency summit was convened behind closed doors to press for more action on climate finance and other measures from wealthy countries. The Informal Climate Leaders Roundtable on Climate Action took place as UN Chief Antonio Guterres said “Saving this and future generations is a common responsibility.” According to a statement by the UN, world leaders addressed the gaps that remain on the actions needed from national governments, especially the G20 industrialised powers, on mitigation, finance and adaptation. UK Prime Minister Boris Johnson, who hosted the meeting with the UN chief, urged leaders of the world's major economies including the United States to deliver on their commitments toward a $100 billion per year climate fund. pic.twitter.com/aKJDUCI393 — Ant³nio Guterres September 21, 2021 NOT ENOUGH An Oxfam International report on climate finance paints a grim picture of the situation and states that wealthy nations are expected to fall up to $75 billion short of fulfilling their long-standing pledge to mobilise $100 billion each year to help the most vulnerable countries from climate change effects. Meanwhile, Guterres pressed donor countries and multilateral development banks to show progress toward meeting his goal to increase the share of finance dedicated to helping countries adapt to climate change to 50 per cent from the current level of 21 per cent, said Selwin Hart, special adviser to Guterres on climate action.

Climate Change Change Climate Climate Action Climate Finance Countries Report Johnson Billion 100 Guterres World Leaders  100000000000  needs  change  fight  meeting  billion  100  united  countries  nations  doesnt  thats  climate  report  leaders

History of this topic

Biden, on his way out, sets ‘ambitious’ climate goal: Cut US greenhouse gas emissions by over 60%
6 days, 4 hours ago

Biden, on his way out, sets ‘ambitious’ climate goal: Cut US greenhouse gas emissions by over 60%

Associated Press  

WASHINGTON — President Joe Biden is pledging to cut U.S. greenhouse gas emissions by more than 60% by 2035 as he fights to ensure his legacy on slowing global warming, even as President-elect Donald Trump vows to undo much of Biden’s climate work when he takes office next month. “And I believe that with this new 2035 target as their …

Climate myopia: This year’s CoP was a big disappointment but small surprise
2 weeks, 6 days ago

Climate myopia: This year’s CoP was a big disappointment but small surprise

Live Mint  

The 29th Conference of the Parties to Climate Change came to an end on 24 November 2024 with deep disappointment on the outcomes—not just on finance, but on most other aspects of the agenda. With grossly inadequate mitigation of the crisis, the climate finance that developing countries can legitimately asl for will increase exponentially, leading to continued disappointment from a …

Climate-change colonialism keeps poor countries impoverished
3 weeks, 1 day ago

Climate-change colonialism keeps poor countries impoverished

Live Mint  

At the latest United Nations climate summit, developing nations slammed rich countries’ pledge to spend $300 billion annually on climate reparations as “crumbs." Members of the Organization for Economic Cooperation and Development currently spend $223.7 billion a year trying to do good in poor countries through bilateral and multilateral aid and development spending. Advocates of green aid are right that …

After ‘paltry’ funding offers, day of chaos, fury at COP29
1 month ago

After ‘paltry’ funding offers, day of chaos, fury at COP29

Hindustan Times  

Negotiators returned to the table late on Saturday in a last-ditch effort to salvage the COP29 climate talks, hours after dramatic walkouts by developing nations and heated protests threatened to derail the conference entirely. The draft also controversially “encourages” developing country contributions through South-South cooperation while affirming that voluntary contributions won’t affect any party’s development status - language that many …

Climate-threatened nations stage protest at COP29 over contentious deal
1 month ago

Climate-threatened nations stage protest at COP29 over contentious deal

The Hindu  

The world’s most climate-imperilled nations stormed out of consultations in protest at the deadlocked UN COP29 conference on Saturday, as simmering tensions over a hard-fought finance deal erupted into the open. An unpublished version of the final text circulating in Baku, and seen by AFP, proposes that rich nations raise to $300 billion a year by 2035 their commitment to …

United States, European Union among others to back new $300 billion global finance target: COP29
Trending News
1 month ago

United States, European Union among others to back new $300 billion global finance target: COP29

Live Mint  

BAKU -The European Union, United States and other wealthy countries at the COP29 climate summit have agreed to raise their offer of a global finance target to $300 billion per year by 2035, sources told Reuters on Saturday. The new goal is intended to replace developed countries' previous commitment to provide $100 billion in climate finance for poorer nations per …

COP29: EU and US want to give $300 billion in climate finance
1 month ago

COP29: EU and US want to give $300 billion in climate finance

NL Times  

Rich countries negotiating support for developing countries at the climate summit in Baku are prepared to pay 300 billion dollars a year in climate aid from 2035, sources told Reuters news agency. European Commissioner Wopke Hoekstra says it is "doubtful" whether the climate summit in Azerbaijan will have a successful outcome. COP29 actually ended on Friday, but on Saturday the …

With talks teetering, climate negotiators struck a controversial $300 billion deal
Trending News
1 month ago

With talks teetering, climate negotiators struck a controversial $300 billion deal

NPR  

With talks teetering, climate negotiators struck a controversial $300 billion deal toggle caption Sean Gallup/Getty Images/Getty Images Europe Negotiators at a global climate conference in Baku, Azerbaijan, struck a last-minute deal for wealthy countries to help their poorer neighbors deal with global warming, saving the annual meeting as it verged on collapse. Cedric Schuster, Samoa's minister of natural resources and …

COP29 UN climate talks wrap up in Baku
1 month ago

COP29 UN climate talks wrap up in Baku

China Daily  

A night view shows the venue of the United Nations climate change conference, known as COP29, in Baku, Azerbaijan, Nov 11, 2024. The COP29 United Nations climate change negotiations stumbled toward Friday's deadline, with a draft target of climate finance to developing nations falling far short of expectations. A key task of the UN gathering, which kicked off on Nov …

$300-billion-a-year deal for climate cash at U.N. summit sparks outrage for some and hope for others
1 month ago

$300-billion-a-year deal for climate cash at U.N. summit sparks outrage for some and hope for others

LA Times  

Activists call for more spending to fight climate change on Saturday at the COP29 climate summit in Baku, Azerbaijan. “It’s a paltry sum,” said Indian negotiator Chandni Raina, drawing rousing cheers as she repeatedly added that India objected to the deal. Climate Change Executive Secretary Simon Stiell called the deal an “insurance policy for humanity,” adding that, like insurance, “it …

Deadline looms for negotiators seeking a deal for cash to curb global warming
1 month ago

Deadline looms for negotiators seeking a deal for cash to curb global warming

Associated Press  

BAKU, Azerbaijan — With time running down, negotiators at the United Nations annual climate talks on Wednesday remained mired in the maze of a trillion-dollar money problem, turning to host Azerbaijan to lead the way to daylight with a promised map to be released in the dark of night. “And what this effectively means is a lot of shuttle diplomacy, …

COP29 negotiators seek climate finance deal as deadline looms
Trending News
1 month ago

COP29 negotiators seek climate finance deal as deadline looms

Al Jazeera  

Vulnerable nations are seeking $1.3 trillion to deal with damage from climate change and to adapt to that change. With time running down, negotiators at the United Nations’ annual climate talks have returned to the puzzle of finding an agreement to bring far more money for developing countries to adapt than wealthier countries have shown they are willing to pay. …

Big money to respond to climate change is key to UN talks in Baku. How can nations raise it?
1 month ago

Big money to respond to climate change is key to UN talks in Baku. How can nations raise it?

New Indian Express  

Climate cash could be in the form of loans, grants or private investment Experts put the need closer to $1 trillion, while developing nations have said they'll need $1.3 trillion in climate finance. “That's a big lever,” said Melanie Robinson, global climate economics and finance director at World Resources Institute. For developing nations, the talk of loans brings fear of …

Raise $1tr annually for developing nations to deliver on Paris pact goals: Report
Trending News
1 month, 1 week ago

Raise $1tr annually for developing nations to deliver on Paris pact goals: Report

Hindustan Times  

Talks at the 2024 UN Climate Change Conference in Azerbaijan’s Baku should focus on mobilising at least $1 trillion annually by 2030 in external finance from all sources for the investments necessary by emerging market and developing countries other than China to deliver on Paris Agreement goals, a report by the Independent High-Level Expert Group on Climate Finance has said. …

Countries at COP29 urged to invest trillions to cope with climate change
1 month, 1 week ago

Countries at COP29 urged to invest trillions to cope with climate change

Al Jazeera  

Countries need to invest more than $6 trillion per year by 2030 to tackle the effects of climate change or risk having to pay more in the future, according to report by an independent panel of experts at a United Nations climate summit. “Investments in all areas of climate action must increase across all economies,” said the report published on …

High-level report calls for $1 trillion boost in climate finance at COP29
1 month, 1 week ago

High-level report calls for $1 trillion boost in climate finance at COP29

India Today  

As the COP29 climate summit continues in Baku, a new report highlights an urgent call for climate finance to meet critical global targets. Published by an independent high-level expert group, the report recommends mobilising $1 trillion annually for developing countries by 2030, a move that would help address climate challenges under the Paris Agreement. The group aims to support policy …

Why are countries fighting over climate finance at COP29?
1 month, 1 week ago

Why are countries fighting over climate finance at COP29?

The Hindu  

The main task for nearly 200 countries at the U.N.'s COP29 climate summit is to broker a deal that ensures up to trillions of dollars in financing for climate projects worldwide. Wealthy countries pledged in 2009 to contribute $100 billion a year to help developing nations cope with the costs of a transition to clean energy and adapting to the …

At UN climate talks, nations big and small get chance to bear witness to climate change
1 month, 1 week ago

At UN climate talks, nations big and small get chance to bear witness to climate change

Associated Press  

BAKU, Azerbaijan — When more than two dozen world leaders deliver remarks at the United Nations’ annual climate conference on Wednesday, many are likely to detail their nations’ firsthand experience with the catastrophic weather that has come with climate change. That could include Pakistan Prime Minister Shehbaz Sharif, whose nation has seen deadly flooding this year from monsoon rains that …

UN chief expects nations to meet climate finance goal
1 month, 1 week ago

UN chief expects nations to meet climate finance goal

China Daily  

Staff display souvenirs on Monday at the China Pavilion of the 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change, or COP29, in Baku, Azerbaijan. DOMINIKA ZARZYCKA/GETTY IMAGES Warning of a grim global warming situation, United Nations Secretary-General Antonio Guterres said he expects to see developed countries beefing up their support for …

Why are countries fighting over money at COP29 climate summit?
1 month, 1 week ago

Why are countries fighting over money at COP29 climate summit?

India Today  

The United Nations' COP29 climate summit, currently underway in Baku, Azerbaijan, has brought together representatives from nearly 200 countries with a primary goal of brokering a landmark climate finance deal. However, the recent US election results have cast a shadow over the talks, with concerns that a potential Trump administration could halt US climate finance contributions, potentially shrinking the overall …

UN chief expects nations to meet climate finance goal
1 month, 1 week ago

UN chief expects nations to meet climate finance goal

China Daily  

Staff display souvenirs on Monday at the China Pavilion of the 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change, or COP29, in Baku, Azerbaijan. DOMINIKA ZARZYCKA/GETTY IMAGES Warning of a grim global warming situation, United Nations Secretary-General Antonio Guterres said he expects to see developed countries beefing up their support for …

Act on climate at home despite global ennui
1 month, 1 week ago

Act on climate at home despite global ennui

New Indian Express  

The longest shadow cast on the COP29 climate conference going on in Baku is the re-election of Donald Trump. The president-elect has already picked Vivek Ramaswamy, who has criticised big companies for basing business strategy around climate change concerns, to co-head a new department of government efficiency. That is the main agenda at COP29—to push for a new global climate …

US climate envoy says work will continue despite Trump’s return
1 month, 1 week ago

US climate envoy says work will continue despite Trump’s return

The Hindu  

U.S. climate envoy John Podesta urged governments to keep faith in the country’s promise to combat global warming, saying Donald Trump can slow, not stop, the transition from fossil fuels when he returns to office in January. The annual U.N. climate summit began on Monday in Baku, Azerbaijan, with many country delegations concerned Trump’s victory in U.S. presidential elections on …

UN asks developed world to help developing countries in climate fight
1 month, 1 week ago

UN asks developed world to help developing countries in climate fight

China Daily  

Participants walk past the hashtag COP29 logo on the opening day of the UNFCCC COP29 Climate Conference on November 11, 2024 in Baku, Azerbaijan. Warning of a grim global warming situation, United Nations Secretary-General Antonio Guterres expressed high expectation to see developed countries beef up their support for developing economies, who disproportionately suffer the consequences of the climate crisis. Climate …

US signals it will push for widening pool of climate finance contributors
Trending News
1 month, 1 week ago

US signals it will push for widening pool of climate finance contributors

Hindustan Times  

The United States has signalled it will push for widening the pool of climate finance contributors at COP29, all but confirming what is feared to be turning into a major clash with developing nations over funding responsibilities. White House Senior Advisor for Clean Energy and International Climate Policy, John Podesta, holds a press conference during the United Nations climate change …

United Nations climate negotiations through the years to COP29: Timeline
1 month, 2 weeks ago

United Nations climate negotiations through the years to COP29: Timeline

The Hindu  

COP29, termed the “climate finance COP,” has one major objective: establishing a concrete financial commitment from developed countries to support climate action in developing nations. As the United Nations climate talks begin in Baku, the primary debate centers on who will provide funding and, more crucially, how much is needed. However, discussions are likely to be tense following the re-election …

Cop29: Activists look to Britain for climate leadership as Trump’s win casts long shadow over crucial UN talks
1 month, 2 weeks ago

Cop29: Activists look to Britain for climate leadership as Trump’s win casts long shadow over crucial UN talks

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Every year the climate summit produces a treaty agreed by all countries, and this year’s will focus on the …

UN climate talks to focus on money to help poor nations cut carbon pollution
1 month, 2 weeks ago

UN climate talks to focus on money to help poor nations cut carbon pollution

Associated Press  

BAKU, Azerbaijan — A complex international two-week-long game of climate change poker is convening. Curbing and coping with climate change’s worsening heat, floods, droughts and storms will cost trillions of dollars and poor nations just don’t have it, numerous reports and experts calculate. As United Nations climate negotiations started Monday in Baku, Azerbaijan, the chief issue is who must ante …

UN climate talks to focus on money to help poor nations cut carbon pollution
1 month, 2 weeks ago

UN climate talks to focus on money to help poor nations cut carbon pollution

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Curbing and coping with climate change's worsening heat, floods, …

COP29 begins today: What is the point of the UN climate conference?
Trending News
1 month, 2 weeks ago

COP29 begins today: What is the point of the UN climate conference?

India Today  

Tens of thousands of people from around the globe will gather next week for COP29, the annual U.N. climate summit, in Azerbaijan's capital of Baku. Country representatives meet year round to build support for new climate action proposals ahead of the COP, where they can be agreed by consensus of all countries. While each summit is meant to advance global …

Climate action will continue despite Trump’s return, US envoy tells COP29
1 month, 2 weeks ago

Climate action will continue despite Trump’s return, US envoy tells COP29

Al Jazeera  

John Podesta seeks to reassure, countries agree to carbon market rules, and the Taliban is in attendance on first day of climate summit. US climate envoy John Podesta has called on governments to believe in the United States’ clean energy economy, saying President-elect Donald Trump can slow but not stop its climate change pledges. On Monday, during the first day …

Developed countries should walk the talk on climate
1 month, 2 weeks ago

Developed countries should walk the talk on climate

China Daily  

Driven by nations who've already been hit hard by climate change, there's been a growing consensus that global efforts must be intensified to elevate climate ambitions in order to restrict the rise in temperature this century to well below 1.5 C, thus preventing catastrophic irreversibility. They underscore the critical importance of COP29 in Baku, Azerbaijan, where establishing a New Collective …

Developed countries should walk the talk on climate
1 month, 2 weeks ago

Developed countries should walk the talk on climate

China Daily  

Driven by nations who've already been hit hard by climate change, there's been a growing consensus that global efforts must be intensified to elevate climate ambitions in order to restrict the rise in temperature this century to well below 1.5 C, thus preventing catastrophic irreversibility. They underscore the critical importance of COP29 in Baku, Azerbaijan, where establishing a New Collective …

A shadow ‘financial crisis’ has cost the world $2 trillion
1 month, 2 weeks ago

A shadow ‘financial crisis’ has cost the world $2 trillion

CNN  

CNN — Last month, two major storms, Hurricane Helene and Hurricane Milton, caused a total of between $51.5 billion and $81.5 billion of property damage, mostly to Southeastern US states, according to estimates from CoreLogic. The report from the International Chamber of Commerce, which comes as the United Nations Climate Change Conference begins in Azerbaijan this week, estimated that the …

European climate agency says this will likely be the hottest year on record — again
Trending News
1 month, 2 weeks ago

European climate agency says this will likely be the hottest year on record — again

New Indian Express  

CHICAGO: For the second year in a row, Earth will almost certainly be the hottest it’s ever been. And for the first time, the globe this year reached more than 1.5 degrees Celsius of warming compared to the pre-industrial average, the European climate agency Copernicus said Thursday. Buontempo said the data clearly shows the planet would not see such a …

The world is “miles short” of its target to limit climate change, UN reports
1 month, 3 weeks ago

The world is “miles short” of its target to limit climate change, UN reports

Salon  

For the world to achieve net-zero carbon emissions by 2050, the 200 countries who signed the Paris climate agreement must hit a target of 43% reduction by 2030. Yet according to a recent report by the United Nations agency tasked with tackling global warming, the planet is currently on track to just hit a measly 2.6% reduction in carbon emissions. …

Global warming will be TWICE as bad as predicted: Earth is on track for 'catastrophic' 3.1°C of warming this century, the UN warns
2 months ago

Global warming will be TWICE as bad as predicted: Earth is on track for 'catastrophic' 3.1°C of warming this century, the UN warns

Daily Mail  

The world is on track for a 'catastrophic' 3.1°C of global warming by the end of this century, the UN has warned. The world is on track for a 'catastrophic' 3.1°C of global warming by the end of this century, the UN has warned The UN warned the world was currently on track for temperature rises of 2.6°C to 3.1°C, …

Climate Crisis: World Paying a Terrifying Price for Inaction, UN Warns
2 months ago

Climate Crisis: World Paying a Terrifying Price for Inaction, UN Warns

Al Jazeera  

UN Secretary-General Antonio Guterres has warned that current climate policies will result in global warming of more than 3 degrees Celsius (5.4 degrees Fahrenheit) by the end of the century. The report also finds that the world faces as much as 3.1C (5.6F) of warming above pre-industrial levels by 2100 if governments do not take greater action on slashing planet-warming …

Top climate negotiators urge tougher targets, but outsiders say they aren’t cutting back themselves
2 months, 4 weeks ago

Top climate negotiators urge tougher targets, but outsiders say they aren’t cutting back themselves

Associated Press  

UNITED NATIONS — A trio of leaders of international climate negotiations on Thursday urged colleagues to step up efforts to fight global warming, but outside groups and endangered nations told those leaders to look in the mirror, take their own advice — and stop pumping out fossil fuels. The world’s current targets are pointing to 2.7 degrees Celsius of warming …

UN draft: Developing nations expect trillions for climate mitigation efforts
3 months, 3 weeks ago

UN draft: Developing nations expect trillions for climate mitigation efforts

Hindustan Times  

A draft document on the new climate finance goal, to be negotiated at the UN Climate Conference COP29 in November, indicates developing countries expect contributions in the trillions from developed nations for climate change mitigation efforts. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Largely, the principle lays down that developed countries have contributed more to global greenhouse gas emissions historically and are therefore …

UN draft: Developing nations expect trillions for climate mitigation efforts
3 months, 3 weeks ago

UN draft: Developing nations expect trillions for climate mitigation efforts

Hindustan Times  

A draft document on the new climate finance goal, to be negotiated at the UN Climate Conference COP29 in November, indicates developing countries expect contributions in the trillions from developed nations for climate change mitigation efforts. The United States reiterated its stance that contributing to the new fund should be voluntary, and argued that NCQG is separate from UNFCCC provisions, …

What has worked to fight climate change? Policies where someone pays for polluting, study finds
4 months ago

What has worked to fight climate change? Policies where someone pays for polluting, study finds

Associated Press  

WASHINGTON — To figure out what really works when nations try to fight climate change, researchers looked at 1,500 ways countries have tried to curb heat-trapping gases. “The key ingredient if you want to reduce emissions is that you have pricing in the policy mix,” said study co-author Nicolas Koch, a climate economist at the Potsdam Institute for Climate Impact …

Next UN climate talks are critical to plot aid for poorer nations, says incoming president
8 months ago

Next UN climate talks are critical to plot aid for poorer nations, says incoming president

Associated Press  

WASHINGTON — The man who will run United Nations climate talks this November views the negotiations as a key link in international efforts to curb global warming. The conference in Baku, Azerbaijan, must build on last year’s successful agreement to transition away from fossil fuels, said Mukhtar Babayev, Azerbaijan’s environment minister who will serve as conference president of the talks …

UN climate chief presses for faster action, says humans have 2 years left 'to save the world'
8 months, 2 weeks ago

UN climate chief presses for faster action, says humans have 2 years left 'to save the world'

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors …

UN climate chief presses for faster action, says humans have 2 years left ‘to save the world’
8 months, 2 weeks ago

UN climate chief presses for faster action, says humans have 2 years left ‘to save the world’

Associated Press  

OXFORD, England — Humanity has only two years left “to save the world” by making dramatic changes in the way it spews heat-trapping emissions and it has even less time to act to get the finances behind such a massive shift, the head of the United Nations climate agency said. With governments of the world facing a 2025 deadline for …

UN weather agency issues ‘red alert’ on climate change after record heat, ice-melt increases in 2023
9 months ago

UN weather agency issues ‘red alert’ on climate change after record heat, ice-melt increases in 2023

Associated Press  

GENEVA — The U.N. weather agency is sounding a “red alert” about global warming, citing record-smashing increases last year in greenhouse gases, land and water temperatures and melting of glaciers and sea ice, and is warning that the world’s efforts to reverse the trend have been inadequate. “Never have we been so close – albeit on a temporary basis at …

UN climate chief’s blunt message: Fewer loopholes, way more cash to really halt climate change
10 months, 3 weeks ago

UN climate chief’s blunt message: Fewer loopholes, way more cash to really halt climate change

Associated Press  

To keep Earth from overheating too much, the nations of the world need to put fewer loopholes in climate agreements and far more money — trillions of dollars a year — into financial help for poor nations, the United Nations climate chief said Friday. “We need torrents — not trickles — of climate finance.” United Nations climate officials emphasized the …

Big Oil just gifted us a lump of coal
1 year ago

Big Oil just gifted us a lump of coal

Raw Story  

Watching Republicans ignore climate change while the planet cooks is like being trapped in the backseat of a car, windows rolled up and locked, with a chain-smoking uncle. The U.S. special envoy for climate change, John Kerry, called the pact “the most important decision since the Paris agreement.” The UN describes the agreement as “the beginning of the end of …

Will declaration on fossil fuels at UN climate talks lead to action? Consider 5 previous decisions
1 year ago

Will declaration on fossil fuels at UN climate talks lead to action? Consider 5 previous decisions

Associated Press  

DUBAI, United Arab Emirates — United Nations climate negotiators on Wednesday declared the world must transition away from oil, gas and coal, a significant decision by nearly 200 countries in nearly 30 years of climate talks. THE PARIS AGREEMENT It wasn’t until 2015 that a global pact to fight climate change was adopted by nearly 200 nations, which called on …

On 1st day, UN climate conference sets up fund for countries hit by disasters like flood and drought
1 year ago

On 1st day, UN climate conference sets up fund for countries hit by disasters like flood and drought

Associated Press  

DUBAI, United Arab Emirates — The world just took a big step toward compensating countries hit by deadly floods, heat and droughts. Sultan al-Jaber, the president of the COP28 climate conference in Dubai, hailed “the first decision to be adopted on Day One of any COP” — and said his country, the United Arab Emirates, would chip in $100 million. …

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