Tag Archives: climate

Putting local actors in the driving seat of climate finance

Food security is an increasing challenge in Nigeria, with 54% of households food insecure in 2016. Production is largely dependent on natural environmental resources like fertile land, rainfall, temperature and humidity. Much of the country‚Äôs agricultural land has been redeveloped for the oil and gas industry and the forest destroyed to give way to big infrastructure projects. Not only is ... Read More »

Innovative finance needed to find $300 billion a year for climate losses

LONDON (Thomson Reuters Foundation) – With money for action on climate change already in short supply, an estimated $300 billion a year needed to help countries deal with unavoidable climate losses will have to come from innovative new sources, such as a financial transaction tax or carbon tax, researchers say. Funding for such climate “loss and damage” aims to assist ... Read More »