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Raising funds for climate change with digital assets at COP28

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UN Climate Change conferences (or COPs) is an annual event that brings world countries together to address the challenges and needs of climate change.

COP 28 occurs in Dubai, United Arab Emirates, from 30 November until 12 December 2023. In a stark warning ahead of COP28, the Secretary General of the International Federation of Red Cross and Red Crescent Societies (IFRC), Jagan Chapagain, highlighted that climate change causes almost every humanitarian disaster the world faces:

“Whether it’s a hunger crisis and people forced to move because of drought, a health emergency exacerbated by heat, killer flooding caused by exceptional rain, disputes over diminishing tracts of arable land or an uptick in malaria deaths due to warmer temperatures, climate change plays a role in exacerbating the impact of so-called ‘natural’ disasters. The climate and environmental crisis is the biggest global challenge the IFRC faces. Addressing its impacts means addressing the base issues that turn hazards into disasters and doing that at the base level where people are most affected. If we want to tackle humanitarian disasters, it really is ‘All About That Base.’”

IFRC leaders and experts will argue that a humanitarian catastrophe can only be avoided through a mix of mitigation (reducing emissions to stop temperature rises beyond 1.5 degrees), adaptation to a world inevitably warmer than today, and accelerated efforts to avert, minimize, and address losses and damages. They will say that the focus for adaptation should be on base issues in the countries, communities, and crises most affected by climate change but seeing the most diminutive adaptation funding. And they will argue that the most effective projects and initiatives are at the community l

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Author: Selva Ozelli

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