As typhoons hit Southeast Asia and Jamaica and Brazil recover from recent storms, delegates at Brazil’s COP30 summit are confronting how to help vulnerable communities cope with worsening climate extremes.
The topic of "adaptation" has grown more important as countries fail to rein in climate-warming emissions enough to prevent extreme warming linked to increasingly frequent weather disasters across the planet.
A UN report last month said developing countries alone would need up to $310 billion every year by 2035 to prepare.
Where that money will come from is unclear.
Ten of the world's development banks, under pressure to free more cash for climate action, said on Monday they would continue to support the need.
Last year, they channeled more than $26 billion to low- and middle-income economies for adaptation.
The fund, which also works to plug gaps in weather data for developing countries, hopes for country donations this week during COP30.
On Monday, Germany and Spain pledged $100 million to a different effort, the multilateral Climate Investment Funds (CIF), which is financing projects to boost climate resilience in developing countries.
The organisation's chief praised Brazil for featuring the issue as a COP30 focus, after years of seeing the issue slide down UN climate summit agendas.
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An agreement between Iran and the U.S. to reopen the Strait of Hormuz is expected "soon," a U.S. official has said. The deal would result in the resumption of commercial shipping through the sea passage and the lifting of an American naval blockade on Iranian ports.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 8th of August, covering the latest developments.
A deal on a new route for vessels through the Strait of Hormuz is "very close," Iranian Foreign Minister Abbas Araghchi has said, while warning that the reopening of the waterway depends on the U.S. meeting other conditions, including paying compensation to Iran.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 9th of August, covering the latest developments.
Ukrainian President Volodymyr Zelenskyy said Ukraine is increasingly penetrating Russia's air-defence network, as both sides stepped up overnight strikes on energy, logistics and port infrastructure.
Glacier coverage in Kyrgyzstan’s Issyk-Kul Basin has shrunk by 33.7 per cent over the past 70–90 years, according to an updated glacier inventory by Kyrgyzhydromet. The agency says the pace of glacier retreat has accelerated sharply in recent years.
Extreme heat and historically low river levels are forcing nuclear power plants across Southeast Europe to reduce production, increasing pressure on already stretched electricity supplies and prompting governments to call for lower consumption.
Flash floods in Gansu Province in China's northwest last week killed 25 people and injured 23 more, the official Xinhua news agency reported on Sunday, raising earlier death tolls.
Three firefighters have died as wildfires continue to burn across Greece, with Crete facing a second day of intense blazes driven by strong winds. The fires come as Europe battles destructive wildfires fuelled by extreme heat and drought.
An impending "super" El Niño is likely to inflict a combined $10 billion to $20 billion hit on affected African countries and trigger mass migration from hard-hit areas, the African Development Bank's (AfDB) top climate expert said.
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