global heating

The Cost of Doing Nothing :: or Building Up Resilience In Communities

 

 

In its latest report, The Cost of Doing Nothing, the IFRC presents an analysis showing that if no urgent action is taken now, the number of people in need of humanitarian assistance annually due to the climate crisis could double by 2050. Similarly, financial costs could balloon to 20 billion US dollars per year.

 

In contrast with this pessimistic scenario, the report also shows that, if appropriate climate adaptation measures are taken now, these figures could also stabilize, and even drop. By investing in climate adaptation and disaster risk reduction – building up resilience in communities, countries and regions at risk – and by improving early warning and anticipatory humanitarian action, the world can avoid a future marked by escalating suffering and ballooning response costs.

 

This week the OECD has a once-in-a-decade chance to stop funding oil and gas — it’s time to step up

This week the OECD has a once-in-a-decade chance to stop funding oil and gas — it’s time to step up

By Sandrine Dixson-Declève, co-president of The Club of Rome and co-lead of the Earth4All initiative

07 November 2023 — This week, the Organisation for Economic Cooperation and Development (OECD) is meeting in Paris for its annual forum. On the negotiating table is a once-in-a-decade opportunity to end the flow of public money into fossil fuels, but you’d be forgiven for not knowing about it.

The OECD is made up of a group of primarily wealthy countries, who collectively set their own standards around big global issues like tax, trade and the environment. Despite being one of the world’s most influential trade bodies, decisions at the OECD often happen behind closed doors. Members say that this allows them to get on with ‘building better policies for better lives‘ without distraction. The problem is that channelling billions of dollars of public money into fossil fuels each year doesn’t square with that aim.

https://www.clubofrome.org/blog-post/stop-funding-oil/