World Leaders, Private Sector Urged to Establish an International Green Bank to Win Climate Change Battle

As the effects of climate change escalate and natural disasters such as earthquakes, floods, and droughts become more frequent and severe, threatening lives and livelihoods, humanity is losing the climate battle.

Pakistan’s 10 Billion Dollar Flood Funding Question

Terming the recent international donors’ conference held in Geneva a “success” after Pakistan was able to secure 10 billion US dollars, Prime Minister Shehbaz Sharif has promised “every penny” of the pledges will be used towards rehabilitation of flood-hit people.

Biodiversity Agreement Historic But Difficult to Implement

The pillar coral (Dendrogyra cylindrus), which takes its name from its shape, is found throughout the Caribbean Sea, but its population has declined by more than 80 percent since 1990. As a result, the International Union for Conservation of Nature (IUCN) has listed it as "critically endangered" due to the effects of the human-induced climate crisis.

Loss and Damage Fund Saves COP27 from the Abyss

They were on the brink of shipwreck and did not leave happy, but did feel satisfied that they got the best they could. The countries of the global South achieved something decisive at COP27: the creation of a special fund to address the damage and loss caused by climate change in the most vulnerable nations.

COP27: Historic Loss and Damage Fund Takes COP27 to the Edge

After a tense impasse and many hours of negotiations, almost 200 countries struck a deal to set up a loss and damage fund to assist nations worst hit by climate change – a demand considered not-negotiable by the developing countries.