From the UN General Assembly to the IPCC’s report on the world’s Oceans

A new report from the Intergovernmental Panel on Climate Change (IPCC) warns climate change is drastically altering the chemistry of the world’s oceans, threatening marine life and seafood supplies, and fueling cyclones and floods putting hundreds of millions of people living in coastal regions in danger.

Related: Extreme sea level events ‘will hit once a year by 2050’

 

16 year old Climate Change Activist Greta Thunberg attacked world leaders at the UN’s Climate Summit this week for their failure to take serious action to combat the climate crisis, telling them ‘You have stolen my dreams and my childhood with your empty words.’

Related: World’s poorest people getting less than a cent per day in international aid to battle climate change

 

UN secretary general António Guterres says recent action by countries and business combined with the global youth climate movement, have made him hopeful the world has hit a ‘turning point’ on the climate crisis.

Related: It is up to us to do something different’ on climate, IFRC president says

 

European Investment Bank (EIB) president Werner Hoyer announced more than USD $1.1 trillion in climate action and environmental sustainable investment for the next decade at the UN General Assembly this week.

Related: UN Climate Summit paves the way for an ambitious and successful replenishment of the Green Climate Fund

 

130 banks representing one-third of the world’s banking industry have signed the new Principles for Responsible Banking, pledging to move away from a purely profit focused model to one taking into account the social and environment impacts of their operations.

Related: IFC Crosses $10 Billion Threshold For Green Bond Issuance

 

African Development Bank (AfDB) President Akinwumi Adesina has announced the AfDB will no longer finance coal projects at the UN Climate Action Summit.

Related: Germany Unveils $60 Billion Climate Package

 

The United Nations are partnering with insurers and other public groups to help the world’s poorest countries recover from natural disasters that may become a more regular occurrence. As much as USD $5 billion in insurance capacity will be made available to 20 developing countries through the program.

Related: Time to get serious about financing the SDGs

 

A new report from the International Council on Clean Transportation warns emissions from global air travel may be increasing more than 1.5 times as fast as the UN’s estimate, with increased demand far outstripping efforts by airlines to improve fuel efficiency.

Related: Australian Billionaire Andrew Forrest Aims to End Plastic Pollution

 

The World Health Organisation (WHO) has accused the Tanzanian Government of withholding clinical information on suspected Ebola cases, saying the lack of transparency is hindering WHO’s ability to respond to the outbreak.

Related: Ebola DRC: MSF calls for an international, independent committee for Ebola vaccination to overcome lack of WHO transparency

 

UN Secretary-General António Guterres has appointed 27 prominent global figures to lead the Scaling-Up Nutrition (SUN) Movement which was setup to eradicate malnutrition.

Related: UNICEF and the Islamic Development Bank launch first global Muslim philanthropy fund for children

 

Kristalina Georgieva has been officially selected as the new Managing Director of the International Monetary Fund (IMF) making her the first leader of the IMF from an emerging economy.

Related: Why Female Directors Are The Key To A Company’s Success

 

UN Secretary-General António Guterres has welcomed the ‘most comprehensive agreement ever’ on global health following the UN Political Declaration on universal health coverage (UHC).

Related: Using Data to Save Lives: The Rockefeller Foundation and Partners Launch $100 Million Precision Public Health Initiative

 

UK Prime Minister Boris Johnson announced £1.3 billion in new climate change and biodiversity funds at the UN General Assemble in New York. The announcement has drawn a mixed response from aid experts who welcomed the new environmental focus but see the funds as tied aid. Experts have also questioned the decision to count the funds as part of the UK’s Official Development Assistance contributions.

Related: MPs criticise ‘dramatic increase’ in aid spending over lack of transparency

 

The Trump Administration’s nominee for CEO of the new U.S. International Development Finance Corporation (DFC), Adam Boehler, looks set to be confirmed by the Senate after an uneventful confirmation hearing.

Related: Strategic Directions for the United States International Development Finance Corporation (DFC)

 

The Trump Administration has announced it will resume foreign assistance programs in the Northern Triangle which support US interests following a ‘leadership commitment’ from Central American governments to do more to respond to the migration crisis.

Related: Can lawmakers get to the bottom of White House aid funding delays?

 

25 of Sweden’s largest financial groups are joining together to form ‘The Swedish National Advisory Board for Impact Investing’, a new organisation designed to help foster conditions for impact investing in the country.

Related: Swiss DFI focused on job creation, but struggling to mobilize private capital

 

The UK government pledged to spend an extra £600 million on family planning programmes over the next five years with most of the money being given to the UNFPA.

Related: DFID puts £220M into fighting NTDs

 

Devex has put together an interactive analysis of the EU’s budget framework to see how the EU has channeled funds for various causes and projects in recent years.

Related: A note on current problems with ODA as a statistical measure

 

Organisers have announced the inaugural World Poverty Forum. The Forum, which has been nicknamed ‘Davos with the poor’, which will look to bring world leaders and policymakers together with people living in poverty in order to give the world’s poorest a voice in global discussions about how the rich and powerful can help the poor.

Related: Barron Hilton Leaves 97% of His Fortune to the Family Foundation

 

The US Government is reviewing USD $125 million in grants given to the World Wide Fund for Nature (WWF) following reports anti-poaching forces the WWF has been funding have committed violent crimes including rape and murder.

 

The Nigerian Army has ordered Action Against Hunger to close its main office in Maiduguri for ‘aiding and betting terrorism’. The army has accused the charity of supplying terrorists with food and drugs, a charge Action Against Hunger has denied.