Every 2 seconds, climate change is forcing someone from their homes, according to data from Oxfam International. These climate-fueled disasters are the number one cause of internal displacement globally. More than 20 million people have lost their homes. This translates to one person every two seconds.
Increasing the number of coal mines will only increase the level of global poverty stemming from the consequences of increased climate change and the direct impact coal mining and burning has on local communities.
Developing nations face having to find an additional $270 billion per year in climate adaptation costs if global pledges to cut emissions are not improved. A new report published by nonprofit organization Oxfam this week concluded that developing countries “face being crushed under the double burden” of climate change adaptation … [continued]
Over the weekend, thousands of the world’s finance ministers and central bankers from 188 countries of the world gathered in Lima, Peru, for the annual meetings of the World Bank and the International Monetary Fund. The two United Nations groups focus on long-term economic development and macroeconomic issues, respectively. While … [continued]
