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    climate finance

    Day 3 Leaders Summit at COP29

    Trump’s Climate Cuts Are a Symptom of Wider Climate Apathy

    Why does the world do less for climate the more data we have? Insights from data journalism reveal that scientists and the media have to change the way they tell the climate story.

    Christopher Chin
    Mar 11, 2025

    Not even two months in office and President Donald Trump has slashed U.S. climate partnerships and aid to developing countries, notably from USAID. Expected? Yes. International anomaly? No.

    Last November's COP29 conference on climate finance showed the widespread vapidity of global action. Inger Andersen, executive director of the United Nations Environment Program, revealed 1,200 notifications went out about significant gas leaks over the past two years to governments and businesses around the world. Only 1% responded. The U.N. acknowledged "capacity issues, technical barriers, and a lack of accountability," but failed to acknowledge another contributing factor. People are fundamentally not incentivized to care—because the climate crisis is consistently poorly communicated.

    Keep ReadingShow Less
    Opinion
    climate crisis
    Activist holds sign saying, "Pay up," at COP29.

    The Global South Needs Fair, Equitable, and Enduring Climate Finance

    While the developed world is rapidly changing its relationship with the rest of the world, the price of not providing climate finance will be economic losses, health impacts, increased disaster costs, food insecurity, biodiversity loss, and infrastructural damage.

    Collins Otieno
    Jaël Poelen
    Feb 17, 2025

    The global commitment to fair climate finance is at a crossroads. COP29 concluded with a disappointing New Collective Quantified Goal on Climate Finance, or NCQG, leaving developing nations at risk of being left behind. With the U.S. withdrawing from the Paris agreement and slashing development aid, prospects for more ambitious fair climate finance are disappearing out of sight. Decisions like these not only threaten global cooperation on climate change but will also fail to meet its core purpose in supporting the most affected communities in adapting to and mitigating climate change. Now, more than ever, fair and equitable climate finance—such as increased grant-based funding and debt relief—is critical.

    In Africa, the impacts of climate change are stark and undeniable. Extreme weather events on the continent surged from 85 in the 1970s to over 540 between 2010 and 2019, causing over 730,000 deaths and $38.5 billion in damages. The increasing frequency and severity of floods, droughts, and storms are threatening food security, displacing populations, and putting immense stress on water resources. According to the World Bank, climate change could push up to 118 million extremely poor people in Africa into abject poverty by 2030 as drought, floods, and extreme heat intensify. A stark reality that underscores the urgent need for robust climate finance to implement adaptation and mitigation strategies to safeguard and secure the continent's future.

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    Opinion
    climate emergency
    An aerial view shows destruction in Fort Pierce, Florida

    What Were the Most Expensive Climate Disasters of 2024?

    "The human suffering caused by the climate crisis reflects political choices. There is nothing natural about the growing severity and frequency of droughts, floods and storms," said the CEO of Christian Aid.

    Eloise Goldsmith
    Dec 30, 2024

    Climate disasters aren't cheap. In 2024, the 10 costliest extreme weather events not only extracted a toll in the form of human lives, but also each cost over $4 billion in economic damages—and some much more—according to a report released Monday from the global group Christian Aid.

    "The human suffering caused by the climate crisis reflects political choices. There is nothing natural about the growing severity and frequency of droughts, floods and storms," said Christian Aid CEO Patrick Watt in a statement Monday.

    Keep ReadingShow Less
    News
    climate emergency

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