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Climate and Inflation: When Weather Hits the Economy

Inflation is often described as a monetary phenomenon. Central banks adjust interest rates. Governments revise fiscal spending. Economists debate liquidity and supply chains. However,...
HomeNews & UpdatesThe Disaster Funding

The Disaster Funding

According to Oxfam’s latest report, the funds required to meet the climate-related disasters have risen to approx. 80% over the past 20 years.

Such a rise in the funds required is due to an increase in climate-related crises such as extreme heatwaves, wildfires, etc. It is, however, incredibly discouraging to know that the developed countries are meeting only 20% demand for the funds needed. Read more

News Credit: The Guardian

Picture Credit: Getty Pictures

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