The World Health Organisation says 47 of Africa’s 54 countries, or roughly 90%, will miss the September target of vaccinating 10% of their people against COVID-19 unless Africa receives 225 million more doses.
The Biden Administration has reached an agreement with Pfizer to buy 500 million doses of its COVID vaccine to distribute to nearly 100 countries around the world, with the first 200 million doses to be distributed this year, and the remaining 300 million in the first half of next year.
The Mastercard Foundation has announced a USD $1.3 billion donation, to be distributed over three years, to boost Africa’s response to the coronavirus.
- As leaders gather for G-7, a key question: Will rich countries help poor ones grapple with climate change?
G7 Leaders are under pressure to make good on their commitment to mobilise at least USD $100 billion annually in climate finance for developing countries ahead of this week’s G7 summit in Cornwall to help restore ‘trust’ in the wealthiest’s commitment to a just transition to a sustainable future.
A group of 457 investors controlling USD $41 trillion worth of assets have called for governments around the world to end support for fossil fuels and set specific targets for rapid reductions in carbon emissions to limit the damage from global heating.
A new report produced by the world’s leading biodiversity and climate experts for the Intergovernmental Panel on Climate Change and the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services says ‘Humanity must solve the climate and nature crises together or solve neither’.
New data recorded at the Mauna Loa Atmospheric Baseline Observatory shows global CO2 levels have risen to 50% above pre-industrial levels despite slowdowns in air travel and industrial activity during the COVID-19 pandemic.
Oxfam and the Swiss Re Institute say the economies of rich countries will shrink by twice as much as they did in the Covid-19 crisis if temperatures rise by 2.6C, as they are likely to based on current government pledges and policies around the world.
A new report from UNICEF and the International Labour Organisation (ILO) says child labour has risen for the first time in two decades.
The UN says 350,000 people in northern Ethiopia’s conflict-ravaged Tigray region are facing the worst famine the world has seen in a decade.
Efforts by British MPs to force a vote on Prime Minister Boris Johnson’s aid cuts have suffered a set back after House of Commons Speaker Lindsay Hoyle rejected an amendment meant to force the government to restore the aid spending target to 0.7% of national income for being outside of the scope of the Advanced Research and Invention Agency Bill it was attached to.
The British government is reportedly looking at using its aid budget to cover a new allocation of Special Drawing Rights the International Monetary Fund (IMF) is preparing to issue in the coming months to help prop up ailing economies amid severe financial damage wrought by the COVID-19 pandemic.
More than 1,700 academics, charities and business leaders have signed an open letter to British Prime Minister Boris Johnson saying there is ‘no justifiable economic need’ for the cuts of almost £4 billion a year the UK is set to make to its aid budget.
Reproductive health advocates say the UK’s aid cuts will dramatically limit access to cervical cancer screenings in low-resource settings, with Raveena Chowdhury, head of integrated service delivery at MSI Reproductive Choices, saying the UK’s cuts will do more damage to its operations than President Trump’s reintroduction of the ‘global gag rule’.
- Global gender finance initiative sets ambitious new $15 billion fundraising goal after securing more than double its original $3 billion target
The 2X Challenge, a global gender finance initiative founded by the development finance institutions (DFIs) of the G7 nations, has set a new fundraising goal of USD $15 billion after it raised more than double its original USD $3 billion target between 2018 and 2020.