Tag Archives: Climate finance

What African countries got out of COP26

In January 2015, a three-day rain displaced nearly quarter of a million people, devastated 64,000 hectares of land, and killed several hundred people in Malawi. Ashley Cooper/Getty Images Mouhamadou Bamba Sylla, African Institute for Mathematical Sciences The 26th United Nations climate change conference, COP26, recently came to an end, having aimed to get countries united in the fight against climate …

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Glasgow COP26: climate finance pledges from rich nations are inadequate and time is running out

Shutterstock Melanie Pill, Australian National University The make-or-break United Nations climate talks in Glasgow have begun. Much attention so far has rightly focused on the emissions reduction ambition each nation is taking to the negotiations. But another key goal of the talks is to dramatically scale up so-called “climate finance” for developing nations. Climate finance is money paid by wealthy …

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Climate adaptation finance is ineffective and must be more transparent

Riccardo Mayer / shutterstock Jessica Omukuti, University of York In 2019, an international climate fund approved a ten year US$9.3 million project to support communities in the drylands of Mozambique that are affected by frequent droughts. This money seems a lot, but it really is not much for a country also affected by other climate-related events such as cyclones. Indeed, …

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