Brazil to propose mega fund to conserve forests at COP28 climate summit

Brazil plans to propose a "huge" fund at the United Nations COP28 climate change summit in Dubai to pay for the conservation of tropical forests. This potential financing mechanism would be the latest in a proliferation of multilateral environmental funds. The funds funnel money from rich countries to poor developing nations that struggle to otherwise pay for their environmental efforts. Brazil is the world's largest rainforest nation and contains 60% of the Amazon jungle. It is vital to curbing climate change and protecting unique plant and animal species.

from Environment News, Earth News, Global Warming, Wild Life, Carbon Trading, Climate Business, Climate Change & Pollution News https://ift.tt/dwDP6hr
via IFTTT

Comments

Post a Comment

Popular posts from this blog

Climate crisis potentially lethal threat for people with mental health problems: Report

Image
The climate crisis poses a significant threat to people with mental health problems, with rising temperatures and air pollution exacerbating their conditions. A study revealed that during a heatwave in British Columbia, eight percent of those who died from extreme heat had been diagnosed with schizophrenia. Rising temperatures have also been linked to increased suicide attempts and mental health-related emergency department visits. Experts emphasize the need for support from communities, loved ones, and policymakers to help individuals with mental health conditions cope with these challenges. from Environment News, Earth News, Global Warming, Wild Life, Carbon Trading, Climate Business, Climate Change & Pollution News https://ift.tt/WkghNjM via IFTTT
Read more

At least 100 elephants die in drought-stricken Zimbabwe park, a grim sign of El Nino, climate change

Image
Climate change and the El Nino weather phenomenon have caused the deaths of at least 100 elephants in Zimbabwe's Hwange National Park. The Zimbabwe National Parks and Wildlife Management Authority warns that more elephants could die due to the scarcity of rains and rising heat. The International Fund for Animal Welfare describes this situation as a crisis for elephants. Climate change may be making El Ninos stronger, leading to more extreme consequences. In 2019, over 200 elephants died in Hwange due to severe drought. from Environment News, Earth News, Global Warming, Wild Life, Carbon Trading, Climate Business, Climate Change & Pollution News https://ift.tt/UJnreu7 via IFTTT
Read more

Tensions soar over new fund for climate 'loss and damage' ahead of COP28

Image
Disagreements between rich and poor nations over the management of a fund to address the "loss and damage" caused by climate change could disrupt the upcoming COP28 UN climate summit in Dubai. The fund, agreed upon at COP27, is intended to help countries affected by climate change access funding. Developed countries, led by the US, want the fund to be hosted by the World Bank, while developing nations prefer an independent fund. A transitional committee is due to meet again in November. from Environment News, Earth News, Global Warming, Wild Life, Carbon Trading, Climate Business, Climate Change & Pollution News https://ift.tt/apVkLy2 via IFTTT
Read more