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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Sudan ‘pathway to peace’ talks in London bring together EU, UK and AU
A high-level international conference in London, hosted by UK Foreign Secretary David Lammy, aims to find "a pathway to peace" in Sudan, where a civil war has caused the world's worst humanitarian crisis. The UK pledges an additional $120 million in assistance as 30 million people face starvation, with reports of widespread violence and displacement. The African Union emphasizes the need for an immediate ceasefire and inclusive dialogue, while the main warring parties are excluded...
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