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Pressure grows for global climate cash help hard-hit poor

2015-10-09 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: As finance ministers from 20 developing states agreed on Thursday to work on boosting funding for climate action, officials and experts called for more finance to protect the world's poor from the effects of global warming. Meeting for the first time in Lima, Peru, ministers from the Vulnerable Twenty (V20) group of countries - spanning Africa, Latin America and Asia-Pacific - said they expected rich governments to fulfill a pledge to mobilize $100 billion annually by 2020 from a range of sources,...

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Water is a high price for Lima's poor

2015-10-09 01:01:08| BBC News | Business | UK Edition

Why Lima's poorest have to pay so much to get a drink

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Climate-linked insurance a boon for poor farmers

2015-10-08 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: Poor farmers the world over are increasingly falling prey to natural disasters, droughts and torrential rain largely due to climate change. But there is some good news as well. Thanks to new technologies, the widespread use of satellites, and more powerful computers such events can largely be predicted in advance, thus making possible novel and more efficient insurance schemes for those at risk. In earlier times, a natural disaster or sustained inclement weather would be followed by a tedious and...

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Poor Weather Drives RPM's Q1

2015-10-08 13:51:29| Chemicals - Topix.net

Rust-Oleum parent company RPM International Inc. posted "tepid results" for the first quarter of its 2016 fiscal year, the company announced Wednesday . Unfavorable weather conditions and exchange rates took a toll in the quarter, ended Aug. 31, the company reported.

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World's 'extremely poor' to fall below 10% of population for first time: World Bank

2015-10-04 17:46:00| Climate Ark Climate Change & Global Warming Newsfeed

Economic Times: The number of people living in extreme poverty is likely to fall for the first time below 10 percent of the world's population in 2015, the World Bank said on Sunday as it revised its benchmark for measuring the problem. Extreme poverty has long been defined as living on or below $1.25 a day, but the World Bank's adjustment now sets the poverty line at $1.90 a day. The Bank said the change reflects new data on differences in the cost of living across countries, while preserving the real purchasing...

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