Africa: UN’s OCHA Calls to Correct the Imbalance in Climate Finance Allocation

The OCHA has called for a global climate finance goal at COP29 to address the increasing climate-related disasters, particularly in vulnerable regions. Greg Puley emphasized the need for enhanced disaster risk reduction measures and highlighted the insufficient funding for humanitarian aid, urging urgent action to translate pledges into tangible benefits. He stressed the importance of financial support for developing countries to achieve emissions reductions and resilience against climate shocks, emphasizing the need for targeted investments in high humanitarian need areas to ensure progress towards the SDGs.

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