The UN climate talks COP27, which closed in Egypt on Saturday, started addressing the symptoms of the climate crisis in a breakthrough decision for the most vulnerable. A historic progress was made with a commitment to set up a financial support structure for the most vulnerable to deal with “loss and damage” caused by the impact of the climate crisis …

“From the multilateral funds, around $650 million has been so far committed to Bangladesh for climate adaptation. And in the last 10 years or so, we have received less than $200 million of that, which is paltry compared to $2 billion people in Bangladesh spend per year to cope with the impacts of natural disasters.” News Source: The Business Standard

Regarding the position the Canadian government will adopt on the question of finance for loss and damage Kaitlin Power, press secretary to Environment Minister, said Canada “reiterates its commitment to engage constructively on loss and damage at COP27 including through a new agenda item on loss and damage finance.” Power added that Canada “looks forward to the continuation of the …

House leader wants PH to seek accountability from big polluters following the devastation caused by Severe Tropical Storm Paeng (Nalgae) in several parts of the Philippines.  News Source: rappler.com

The NGO GermanWatch has ranked India seventh among countries most affected by extreme weather in 2019, noting that massive floods that year caused damage of around $10 billion, claiming 1,800 lives and displacing around 1.8 million people. See also COP27: India can’t be expected to pay for climate sins of the West.    News Source: AP News

Silva said that Brazil would demand rich countries provide financing to poor countries to respond to climate change and give compensation for permanent “loss and damage” from climate change.  News Source: swissinfo.ch

Friday marks a month since Hurricane Ian hit and forever changed Southwest Florida. Survivors are taking stock of progress already made and planning for what still needs to be done FORT MYERS BEACH, Fla. – It’s been one month since Hurricane Ian unleashed fury on the Southwest Florida coast as survivors return to ruins, starting a long recovery process. Ian slammed …

The UN estimates that 4.5 million livestock have so far died due to lack of water and pasture. Millions more are weak and starving. This means traders are unwilling to buy cattle which supports community life. “Our livestock are our bank; if we lose them, we are nothing. Even if we do business, it is through livestock,” says Tume Jirma, …

The assessment estimates total damages to exceed USD 14.9 billion, and total economic losses to reach about USD 15.2 billion. Estimated needs for rehabilitation and reconstruction in a resilient way are at least USD 16.3 billion, not including much needed new investments beyond the affected assets, to support Pakistan’s adaptation to climate change and overall resilience of the country to …

At a New York Times event last month, Biden administration climate envoy John Kerry caused a stir when he appeared to dismiss the notion that the U.S. would compensate other countries for the loss and damage they’ve already suffered at the hands of climate change. He told the audience that it’s more important to focus on preventing future climate change and adapting …