Why Climate financial is Necessary? | DRM News #climatechange #cop15
This summer, India and coastal states like Odisha face deadly heatwaves, while Bangladesh experiences record temperatures. Afghanistan has seen devastating flash floods, displacing thousands. Developing countries, despite low historical emissions, suffer disproportionately from climate change due to their reliance on climate-sensitive sectors. The world’s largest CO2 emitters exceed their carbon budgets, worsening global warming. Climate financial, aimed at aiding vulnerable nations, often comes as loans with debt charge, burdening these countries further. Critics argue for debt charge-free loans or grants. Recent climate disasters, like Pakistan’s catastrophic floods, underscore the urgency of equitable climate support to prevent further global inequality.
The data on loans given to developing countries is sourced from Reuters. For more information, visit: https://www.reuters.com/investigates/special-report/climate-change-loans/
2023 has been the hottest year on record. For details, see: https://climate.copernicus.eu/warmest-january-record-12-month-average-over-15degc-above-preindustrial
Satellite images are sourced from NASA: https://earthobservatory.nasa.gov/
World’s Carbon Emissions, visit: https://www.visualcapitalist.com/carbon-emissions-by-country-2022/
Credits
Lead Reporter: Shakila Parveen
Additional Reporters: Shakeel Irshad, Mazhar Iqbal, Noor Ul Huda, Momina Zaidi
Sound, Animation and Video Editing: Abdul Muneeb
Managing Editor: Zia Ur Rehman
Chief Editor: Syeda Amna Hassan
#ClimateChange #GlobalWarming #Heatwave #FlashFloods #RecordTemperatures #ClimateImpact #CarbonBudgets #climatefinance #cop15 #ClimateLoans #DisasterRecovery #ClimateResilience #CarbonBudgets #ClimateFinance #ClimateAid #EnvironmentalDisasters #CO2Emissions #SustainableDevelopment #ClimateJustice #climateaction #climateresilience #india #pakistan #pakistanfloods
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