CLIMATE FINANCE REPORTING IS A MESS. HERE’S HOW TO FIX IT.
No one really knows how much is being spent to address climate change. So
ONE is launching The Climate Finance Files, a detailed account of what's
being spent, where.
We’re in the fight of our lives and no one is adequately checking and publishing the receipts.
Millions of people on the frontlines of climate change are fighting daily battles to protect their lives and livelihoods.
They did very little to cause the climate crisis. Yet they are paying the highest price.
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CLIMATE COSTS IN AFRICA
Climate change is costing Africa up to US$15 billion per year. That’s more than the individual GDPs of 26 African countries. By 2050, it could be US$50 billion.
CYCLONE FREDDY
Cyclone Freddy ravaged Malawi and Mozambique in early 2023, causing US$2 billion in damage. Nearly 1 million people were displaced. The storm fueled Malawi’s largest ever cholera outbreak.
DROUGHT IN EAST AFRICA
More than 20 million people are facing acute hunger due to historic drought in East Africa. Climate change made the drought 100 times more likely.
STORM DANIEL
Storm Daniel unloaded eight months of rain in two days in Libya in September 2023, killing thousands of people. Tens of thousands were displaced. Climate change made the floods 50 times more likely.