Funding needed for climate disasters has risen ‘more than 800%’ in 20 years shutterstock

Funding needed for climate disasters has risen ‘more than 800%’ in 20 years

Olena Yatseno

In 2021 alone, natural disasters cost the economy $329 billion

Since the beginning of the 21st century, the international community's spending on helping people affected by the climate crisis has increased by 800% throughout the report.

This is with reference to the report of the non-governmental organization on combating hunger and inequality Ohfam reports The Guardian.

According to the report, natural disasters caused by climate change remain a major factor in forcing countries to ask the international community for humanitarian assistance. In particular, in 2021, extreme weather conditions accounted for 78% of UN requests for humanitarian support. In 2000, such requests amounted to only 35.7%.

According to analysts, only last year natural disasters — roughts, floods, forest fires — cost the economy $329 billion.

Over the past five years, developing countries have requested between $63 and $75 billion in humanitarian aid, but donor states have allocated almost half as much — $35-42 billion.

At the same time, Oxfam believes that rich countries should make more commitments to support less developed regions of the world due to the climate crisis, because there is an inadequate scale of environmental impact.

According to the report, the least prosperous countries produce only 0.1% of global carbon emissions, while economically successful countries account for 37% of global CO2 emissions.

Before EcoPolitics wrote that outbreaks of viral diseases such as monkeypox or Lassa fever will continue to occur more frequently. due to climate change.

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This is part of the funding allocated to developing countries at COP29