After two weeks of intense negotiations, delegates at COP29, formally the 29th Conference of Parties to the UN Framework Convention on Climate Change (UNFCCC), agreed to provide this funding annually, with an overall climate financing target to reach “at least $1.3 trillion by 2035”. Countries also agreed on the rules...
The State of Food and Agriculture (SOFA) report confirmed that hidden costs of getting food from farm to table amount to approximately $12 trillion annually. Of this number, roughly 70 per cent – $8 trillion – arises from unhealthy dietary patterns and are linked to NCDs, which far exceeds the...
So far, the global financial system has failed to effectively cushion the impacts of current crises impacting the Global South the most: the COVID-19 pandemic, the war in Ukraine and the ongoing climate emergency. “Today’s poly-crises are compounding shocks on developing countries – in large part because of an unfair global financial...