DIRS.INFO The most relevant business & tech news

CNN —Three bewildered children sit on the roof of a mosque in Baghlan province, northern Afghanistan, their eyes blinking away mud that covers their entire bodies. Afghan relatives offer prayers during a burial ceremony for victims of flooding in Baghlan province, May 11, 2024. In the next days, teams will start distributing food to feed families for a month – what happens next is unclear. Workers repair a road destroyed by floods in Nahrin district of Baghlan province on May 12, 2024. The world is seeing the impacts of much larger, more severe events, whether that’s drought, rainfalls cyclones,” Anderson said.

Persons: let’s, “, Barakatullah, Haji Wakil Besmillah, ”, ” Barakatullah, –, Timothy Anderson, it’s, Anderson, that’s, They’re, it’ll, ” Anderson, Richard Bennett, Teresa Anderson Organizations: CNN, United Nations, Food Programme, “, WFP, Workers, Getty, Global, ActionAid Locations: Baghlan province, Afghanistan, Folo, Bulka, Baghlan, AFP, Nahrin district

☆ Southern Africa’s drought and floods could push tens of millions into hunger
▼ + stars: | 2024-04-04 | by ( Sarah Dean | ) edition.cnn.com time to read: +4 min

The country’s top priority “is securing food for all Zimbabweans,” the president told journalists at the state house in Harare. Kb Mpofu/ReutersIn Zambia, Malawi and Central Mozambique, extreme drought has damaged more than 2 million hectares of crops, Oxfam said. Zambia declared its drought a disaster on February 29. In Mozambique — a country accounting for only 0.2% of global emissions — 3 million people face hunger, according to Oxfam. The country’s capital, Maputo, experienced devastating floods in March, after Tropical Storm Filipo hit followed a few weeks later by further intense rainfall.

Persons: South Africa CNN —, Emmerson Mnangagwa, El Niño, Zimbabwe —, Filipo, ” Teresa Anderson, Machinda Marongwe, ” Marongwe Organizations: South Africa CNN, Oxfam, Reuters, Democratic, United Nations Office, Humanitarian Affairs, United States Agency, International, Systems Network Locations: Johannesburg, South Africa, Africa, Zimbabwe, Zambia, Malawi, Harare, “, Angola, Botswana, Democratic Republic of Congo, Mozambique, Namibia, Pumula East, Bulawayo, Central Mozambique, ” Southern Africa, Maputo

The World Bank and others also said they would start adding clauses to lending terms that allow vulnerable states to suspend debt repayments when natural disaster strikes. Specifically, for the first time, the document acknowledged the potential need for richer countries to provide fresh money to multilateral development institutions like the World Bank. Another first was in the explicit target for multilateral development banks to leverage "at least" $100 billion a year in private sector capital when they lend. All eyes now turn to more traditional events later in the year, including the International Monetary Fund and World Bank annual meetings, a G20 meeting in September and the COP28 climate talks in Dubai. Persaud said his focus would be on making sure the plan to scale up multilateral development bank lending was in place by the time of annual meetings in October, and that pilot work began on reducing the cost of capital for developing countries.

Persons: Macron, Mia Mottley, Avinash Persaud, What's, Persaud, Teresa Anderson, They've, Sonia Dunlop, Simon Jessop, Leigh Thomas, Tommy Reggiori Wilkes, Mark Heinrich Our Organizations: Global, Pact, Reuters, World Bank, International Maritime Organisation, Paris Summit, Climate Justice, ActionAid, International Monetary Fund, Bank, Thomson Locations: Barbados, PARIS, Bridgetown, Zambia, Paris, Dubai

☆ Op-ed: Oil CEO Sultan Al Jaber is the ideal person to lead the UN climate conference this year
▼ + stars: | 2023-01-14 | by ( Frederick Kempe | ) www.cnbc.com time to read: +7 min

Nowhere is this shift among climate activists more evident than in Germany, where Vice Chancellor Robert Habeck, the Green Party leader, is serving as the pragmatist-in-chief. Some climate activists were aghast this Thursday when the UAE named Sultan Al Jaber, the CEO of the Abu Dhabi National Oil Company (ADNOC), as president of this year's COP 28. Al Jaber, speaking to the Atlantic Council Global Energy Forum on Saturday, captured his ambition to drive faster and more transformative results at COP 28. "We are way off track," said Al Jaber. "We will work with the energy industry on accelerating the decarbonization, reducing methane, and expanding hydrogen," said Al Jaber.

☆ UN experts at COP27: Corporate climate pledges rife with greenwashing
▼ + stars: | 2022-11-08 | by ( Gloria Dickie | ) www.reuters.com time to read: +3 min

[1/2] Secretary-General of the United Nations Antonio Guterres, Egyptian President Abdel Fattah al-Sisi and others attend the COP27 climate summit in Sharm el-Sheikh, Egypt November 7, 2022. At last year's climate negotiations in Glasgow, U.N. Secretary-General Antonio Guterres appointed 17 experts to review the integrity of non-state net zero commitments amid concerns about "a surplus of confusion and deficit of credibility" involving corporate green boasting. "Bogus net zero claims drive up the cost that ultimately everyone will pay," she said. An estimated 80% of global emissions are now covered by pledges that commit to reaching net zero emissions. For example, a company cannot claim to be net zero if it continues to build or invest in new fossil fuel infrastructure or deforestation.

Search resuls for: "Teresa Anderson"

5 mentions found