News Digest | Aug 23-27

Climate change impact on infectious diseases

Recently, the Global Fund’s Executive Director Peter Sands explains to journalists in Geneva on the connections between climate change and global health. He pointed out that one of the potential deadly consequences of climate change includes more intense cyclones which leave an increased risk of infections in their wake, and the one disease that will be obviously affected by climate change is malaria. Over the past years, the Global Fund has provided grants for various countries on their fight against infectious disease such as malaria and address risks of climate change. (Reuters)

Bill Gates pledges $1.5 billion to climate projects in the infrastructure bill

Over the three years, Bill Gates has promised $ 1.5 million for climate change partnerships through his climate investment fund Breakthrough Energy. Breakthrough Energy’s Catalyst program hopes to accumulate up to $15 billion to fund “climate smart technologies” through public and private financing across different industries. Bill Gates has frequently stated the ultimate goal is to reach a net-zero carbon emission economy by 2050.

EU’s Carbon Border Adjustment Mechanism (CBAM)

Over the coming decade, the EU is promoting its climate ambition to support its 2050 long-term strategy to reach net-zero greenhouse gas (GHFG) emissions. Main goals of this acceleration includes growing its emission reduction target from 40% to at least 55% below 1990 levels by 2030 and implementing a sweeping set of policy changes – especially to its flagship Emissions Trading System (ETS) which puts a price on pollution by requiring companies to purchase allowances for their emissions. EU’s 2030 climate agenda also includes a charge on imported goods based on their carbon content. The Carbon Border Adjustment Mechanism (CBAM) would be the world’s first system of carbon tariffs, and aims to address the risk of ‘carbon leakage’, whereby EU firms either lose local market shares to more emissions-intensive competitors abroad or have changes to production to places with little or no carbon pricing. (Chatham House)

SIDS Solutions Forum

The Small Island Developing States (SIDS) Solutions Platform designs to promote information and solution exchange that can smooth development by encouraging, advancing and developing home-grown and imported solutions to promote the achievement of the agriculture, food and nutrition related Sustainable Development Goals (SDGs) in SIDS. The platform will be launched in 2021 in the Pacific region and will expand to all other SIDS in the Africa, Mediterranean and South China Sea (AIMS), Indian Ocean and the Caribbean regions step-by-step. (Pacific Community)

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