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11.11.2024 | Press Release

COP29: Despite Government Crisis, There Must be Dependable Climate Financing

Welthungerhilfe calls on the German government to ensure a new climate financing goal from 2025 at the UN Climate Change Conference in Baku

A smallholder farmer in the foreground, a herd of cattle in the background
A smallholder farmer in Borena, Ethiopia - a region where people struggle with long, intense periods of drought. © Thomas Rommel/Welthungerhilfe

Bonn/Berlin, November 11, 2024 Over the last year, global temperature records have been broken, for months now southern Africa has been suffering the worst drought for decades, and in South Sudan, 1.4 million people have been affected by devastating floods. Climate change, along with armed conflicts, is one of the greatest drivers of hunger, pushing the number of people going hungry up to around 733 million. Women and girls suffer worst from hunger and the consequences of climate change, as the current Global Hunger Index shows.

However, the distribution of funds is extremely unfair. While around 90 percent of climate funding go to the countries with the highest incomes; low-income countries only receive ten percent for adjustment measures. Furthermore, less than three percent of climate funding over recent years has been going to the lowest-income countries, although these countries are demonstrably the most severely affected by the consequences of climate change, despite barely having contributed to the phenomenon.

“In Baku, there must be a sign of solidarity with the Global South! Financial pledges made in Paris have only been sporadically fulfilled. According to the UN, adjustment measures alone will require 387 billion US dollars of funding per year, which leaves a funding shortfall of about 359 billion dollars.

We need more, not fewer resources to increase the resilience of especially endangered populations in the lowest-income countries. In our project countries, we see on a daily basis how important it is to provide drought-resistant seed, reintroduce high-quality forgotten varieties, and apply regenerative cultivation methods, to help families secure their livelihoods,” says Mathias Mogge, Secretary General of Welthungerhilfe.

Challenges and solutions for the climate conference in Baku

Despite the government crisis, Welthungerhilfe calls on the German federal government to do all it can at COP29 to ensure a new climate financing goal from 2025, when the previous agreements elapse. This also means that Germany should observe its pledges of six billion euros after 2025 and increase them to eight to ten billion. “The current political crisis in Germany must not mean that we abandon the people affected by the climate crisis. The climate does not care who is in government in Germany or the USA. The people who suffer are generally the poorest,” stresses Mogge.

You can find more information about the challenges in our policy brief and this blog on forgotten foods.

In addition to General Secretary, Mathias Mogge, colleagues from India and Ethiopia who are participating in COP29 in Baku are also available for interviews.

Welthungerhilfe is one of the largest private aid organizations in Germany; it is politically independent and non-denominational. With courage and determination, it is striving for a world without hunger. Since it was founded on December 14, 1962, 12,128 overseas projects in about 72 countries have been supported with 5.07 billion euros. Welthungerhilfe follows the principle of empowering people to help themselves to sustainably improve their living conditions, offering everything from fast disaster relief to reconstruction and long-term development cooperation projects with national and international partner organizations.

Usage note for press images: Please note that the pictures may only be used in a Welthungerhilfe context and may not be passed on to third parties. Images must bear the credit copyright "Photographer/Welthungerhilfe". No long-term archiving. Please delete pictures after use!

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