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Climate.Table

Dürre in Syrien

Climate financing: Why NGOs fear a decline of USD 15 billion

Cuts in development aid threaten to drastically reduce international climate financing, Oxfam and Care have calculated. Because loans are often used, the over-indebtedness of poor countries increases: According to these calculations, they have to raise USD 20 billion more annually for debt servicing than they receive in support at all.

By Nico Beckert

Der Premierminister Australiens, Anthony Albanese, und der Präsident der Türkei,  Recep Tayyip Erdoğan

COP31: Unusual ideas in dispute over venue

Turkey and Australia continue to compete for COP31, with Australia appearing to be the favorite. But a withdrawal is hardly an option for Turkey. If the two countries fail to reach an agreement, it could be Germany's turn again.

By Selin Ugurtas and Nico Beckert