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Countries deadlocked on ‘loss and damage’ fund as UN climate summit nears

Environmental activists hold a banner with the slogan "Loss and damage, finance now" during a climate strike action at the Place de la Republique, on the sidelines of the New Global Financial Pact Summit, in Paris, France, on 23rd June, 2023

Washington DC, USReuters Countries are deadlocked over how to design a fund to help countries recover and rebuild from climate change-driven damage, with just over 30 days left before crucial United Nations climate negotiations kick off in Dubai. Two dozen countries involved in a committee tasked with designing a “loss and damage” fund wrapped up […]

Polluters must pay, says UN chief, urges taxes to help climate victims

UN 77th Session Antonio Guterres

United NationsReuters UN chief Antonio Guterres on Tuesday urged rich countries to tax windfall profits of fossil fuel companies and use that money to help countries harmed by the climate crisis and people who are struggling with rising food and energy prices. United Nations Secretary-General Antonio Guterres addresses the 77th Session of the United Nations […]

Climate action lags as COVID hits goals in developing nations

Grenada St George

Kingston, JamaicaThomson Reuters Foundation From higher shipping costs for solar panels to employee layoffs, a plethora of pandemic-related ills have hindered efforts to fight climate change in the Caribbean nation of Grenada. And it is not alone. Across the world, COVID-19 has hit economic growth and tax revenue, making it harder for governments – particularly in developing nations – to […]

Poor nations pay highest debt service in 20 years – campaigners

Kenya Nairobi Nairobi Expressway

Johannesburg, South AfricaReuters Developing countries are paying more to service their debt than at any other time in the past two decades, with a heavier burden on the horizon if the United States raises interest rates this year as expected, a leading debt campaigner said on Monday. Many developing nations have been hit hard by […]

Concern over nature loss surging in developing nations, online trends show

India Mumbai green space protest

Kuala Lumpur, MalaysiaThomson Reuters Foundation Awareness of nature loss and calls to address it are growing in developing nations, not just richer parts of the world, researchers said on Tuesday, urging governments and businesses to speed up efforts to make economies more eco-friendly. Research by the Economist Intelligence Unit analysed the popularity of nature loss and […]

WHO approves AstraZeneca/Oxford COVID-19 vaccine for emergency use

Coronavirus UK vaccine Thamesmead

Geneva, SwitzerlandReuters The World Health Organization on Monday listed AstraZeneca and Oxford University’s COVID-19 vaccine for emergency use, widening access to the relatively inexpensive shot in the developing world.  “We now have all the pieces in place for the rapid distribution of vaccines. But we still need to scale up production,” Tedros Adhanom Ghebreyesus, WHO […]

Cash injection urged to help poor fight COVID-19 during vaccine wait

Coronavirus El Salvador June 2020

London, UKThomson Reuters Foundation More than 80 per cent of people in some developing countries have lost income due to COVID-19, economists said on Friday, warning that soaring poverty could hamper efforts to control the disease in nations where mass inoculation may be a long way off. Without emergency assistance, people desperate to feed their […]