At COP29, global leaders debated the challenge of climate finance, aiming to mobilize $300 billion to aid developing nations in climate action, with a push for at least $1 trillion from countries like India and Saudi Arabia. The tension between grant-based funding and market-led solutions remains, with smallholder farmers receiving minimal climate finance despite their crucial role. Efforts like the BICFIT Dialogue and International Carbon Market Standards aim to catalyze private capital into climate markets, emphasizing the need to prioritize human health and equity in climate funding to prevent future health crises and ensure sustainable growth.
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Diplomatic tensions escalate as Algeria expels French officials
Algeria's expulsion of 12 French consular staff has dashed hopes for improved relations with France following a recent diplomatic thaw. This action, prompted by the arrest of an Algerian consular official in France linked to a kidnapping case, underscores ongoing tensions, particularly targeting French Interior Minister Bruno Retailleau, perceived as undermining President Macron's conciliatory approach. The deterioration in ties, marked by accusations and the arrest of Franco-Algerian writer Boualem Sansal, has diminished prospects for future...
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