- This weekly round-up contains key nature and climate news from the past week.
- Top nature and climate stories: COP28: Debt relief needed to help developing world adapt to climate change; COP28 delegates adopt new climate disaster fund; Brazil to launch fund to protect tropical forests.
1. COP28: Debt relief needed to help developing world adapt to climate change, says DFI
Deep debt cancellations are needed to free up investment in climate crisis adaptation, according to campaign group Development Finance International (DFI).
The world’s poorest nations currently pay 12 times as much to their creditors as they spend mitigating the impact of the climate crisis, DFI says.
A DFI study of the spending patterns of 42 countries highlig…
Read the full article at: https://www.weforum.org/agenda/2023/12/cop28-fund-debt-relief-nature-climate-stories-12042023/