The United Nations’ Adaptation Fund has announced today that Spain is offering €45 million ($60 million) for short-term climate change adaptation needs in developing countries.
Small-scale farmers and pastoralists in Ethiopia are likely to bear the brunt of the negative impacts of climate change in the region, which will include increasing poverty, water scarcity, and food insecurity, according to a new Oxfam report.
The fact that the IMF is proposing that adaptation efforts are funded by grants rather than loans is positive. But this will only work if developed countries ensure the money is there to resource this vital assistance to vulnerable countries.
New Oxfam report "Reaching Tipping Point" says retreating glaciers and more extreme weather could dangerously erode food security, livelihoods and even regional stability by 2050 in Tajikistan.
Bolivia will be battered on five fronts by climate change, according to a new report published by Oxfam International today. The report underlines what is at stake at UN climate talks in Barcelona and an EU-US Summit in Washington today.