![African Development Bank President Akinwumi Adesina addresses the annual meeting](/content/images/size/w1304/2024/05/am24-gd-1-1.jpg)
AfDB boosts capital as African leaders target climate-tied debt
Calls for more debt relief and climate finance dominated the multilateral development bank's annual meeting.
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Calls for more debt relief and climate finance dominated the multilateral development bank's annual meeting.
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Most research has focused on wealthier countries that have relatively low disease rates and access to quality heath care.
Environmentalists said they were disappointed the treaty talks did not address plastic production measures.
The wars in Europe and the Middle East, climate change and soaring national debts hung over the annual talks.
Climate scientists have warned for decades about bleaching of coral reefs, which are nurseries for commercial fisheries.
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A handful of fossil fuel producers show no interest in a strong, restrictive and legally binding instrument for plastic pollution.
Oil and plastic producing nations and lobbyists sought more emphasis on recycling instead of production cuts.
This is the third round of talks to develop an international legally binding deal that includes plastic waste in the ocean.
African leaders say they have a market-based plan to fight human-caused global warming that will spread economic development among millions of people on the continent.
The treaty body that gets the worst cooperation is the Committee on the Elimination of Racial Discrimination.
The summit ended with support for creating a "zero draft" treaty ahead of the next negotiations at Nairobi in November.
About 69% of all the plastics produced, mainly through fossil fuel burning, are used just once or twice before they are thrown away. About 22% is mismanaged. Just 9% is recycled.
Low rainfall and high evaporation rates 'would not have led to drought at all in a 1.2° C. cooler world,' scientists concluded.