UN Demands $308 Billion / Year Climate Cash from Rich Nations Fund Social Benefits for the Entire World
6 hours ago Eric Worrall
Essay by Eric Worrall
Low-income countries … need an additional $308.5 billion a year … international support will be needed to reach this goal.
Half the world lacks social protection amid climate crisis, ILO warns
12 September 2024 Climate and Environment
Social protection is essential to safeguard people from shocks, but half the world is without any coverage, including over 90 per cent of people living in climate-vulnerable countries, according to a new report released on Thursday by the International Labour Organization (ILO).
Around 50 per cent of us do have access to at least one social protection benefit – but 3.8 billion people lack any kind of safety net, including 1.8 billion children worldwide, according to the World Social Protection Report 2024-26: Universal social protection for climate action and a just transition.
“Climate change does not recognise borders, and we cannot build a wall to keep the crisis out,” said Gilbert Houngbo, ILO Director-General. “The climate crisis affects us all and represents the single, gravest threat to social justice today.”
https://wattsupwiththat.com/2024/09/13/un-demands-308-billion-year-climate-cash-from-rich-nations-fund-social-benefits-for-the-entire-world/
