Global Fund secures $11.34 billion but progress threatened by shortfall
The amount of pledges was down from its $18 billion target, and 27% less than the $15.7 billion it raised three years ago.
Switzerland is a landlocked nation in Central Europe, known for its mountains, lakes, and highly developed economy. The country has a long-standing policy of armed neutrality, which has allowed it to host the headquarters of many international organizations, including the U.N. office in Geneva.
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The amount of pledges was down from its $18 billion target, and 27% less than the $15.7 billion it raised three years ago.
The ICRC restructuring is the most recent and most dramatic manifestation of a systemic financial crisis hitting Geneva.
The global wildlife treaty is charged with regulating trade in 40,920 species, including 6,610 animals and 34,310 plants.
A new strategy will focus heavily on controlling black market flows, leveraging a decision to phase-out dental amalgam.
The decision on dental amalgam was counterbalanced by the greater challenge of artisanal and small-scale gold mining.
Negotiators must finish the financial mechanism and agree on binding measures to phase out toxic chemicals in plastics.
In the shadow of a decades-long toxic legacy, nations have been cracking down on mercury pollution with mixed results.
UNCTAD also launched a new platform to stabilize borrower nations and mobilize capital for a costly green transition.
WMO's governing body expressed an urgent need to accelerate life-saving warnings and defend climate data integrity.
The main outcome was the adoption of a declaration to uphold humanitarian norms and support humanitarian action.
Operationally, UNCTAD, like other organizations, must navigate economic headwinds and severe budget limitations.
ICRC teams received hostages in Gaza and transferred Palestinians from Israeli detention to Gaza and the West Bank.
Almost 1,400 Swiss glaciers remain, the most among European nations, but over 1,000 small glaciers have already melted.
As leaders gathered, progress along climate and financial fronts contrasted with grim reports on rights and violence.
Top experts increasingly agree voluntary commitments from AI companies are not enough to deal with threats.
Brazil, Switzerland and the U.K. also scrutinized financial dealings of the Equatorial Guinea president's son.