The China Mail - UN chief urges aid surge in world of 'climate chaos, conflicts'

USD -
AED 3.67255
AFN 69.999959
ALL 83.350266
AMD 384.469865
ANG 1.789623
AOA 917.000233
ARS 1204.244972
AUD 1.52065
AWG 1.8
AZN 1.703341
BAM 1.668166
BBD 2.019148
BDT 122.737062
BGN 1.65994
BHD 0.377218
BIF 2941
BMD 1
BND 1.274783
BOB 6.924904
BRL 5.432395
BSD 1.000064
BTN 85.816271
BWP 13.307348
BYN 3.272676
BYR 19600
BZD 2.008725
CAD 1.36082
CDF 2880.999822
CHF 0.793103
CLF 0.024278
CLP 931.639833
CNY 7.164102
CNH 7.158575
COP 4089.5
CRC 504.676165
CUC 1
CUP 26.5
CVE 94.049881
CZK 20.992302
DJF 177.72039
DKK 6.332145
DOP 59.349785
DZD 129.606279
EGP 49.606601
ERN 15
ETB 135.349842
EUR 0.848745
FJD 2.234202
FKP 0.730618
GBP 0.728597
GEL 2.719848
GGP 0.730618
GHS 10.350219
GIP 0.730618
GMD 71.499594
GNF 8654.999555
GTQ 7.690044
GYD 209.222686
HKD 7.84974
HNL 26.130456
HRK 6.394803
HTG 131.103217
HUF 339.024997
IDR 16117.9
ILS 3.36732
IMP 0.730618
INR 85.704026
IQD 1310
IRR 42112.490866
ISK 120.680068
JEP 0.730618
JMD 160.513466
JOD 0.70902
JPY 144.051957
KES 129.497632
KGS 87.4292
KHR 4020.00031
KMF 419.000255
KPW 900
KRW 1354.34026
KWD 0.30558
KYD 0.833394
KZT 520.225002
LAK 21549.999767
LBP 89599.999862
LKR 299.828988
LRD 200.497237
LSL 17.703093
LTL 2.95274
LVL 0.60489
LYD 5.394981
MAD 9.003499
MDL 16.860636
MGA 4430.00013
MKD 52.207302
MMK 2099.97397
MNT 3583.08851
MOP 8.086418
MRU 39.75014
MUR 45.070192
MVR 15.392933
MWK 1736.501567
MXN 18.7272
MYR 4.211991
MZN 63.959787
NAD 17.706465
NGN 1537.44038
NIO 36.80406
NOK 10.071115
NPR 137.305693
NZD 1.640985
OMR 0.384438
PAB 1.000055
PEN 3.549651
PGK 4.129052
PHP 56.290502
PKR 283.750073
PLN 3.601813
PYG 7980.041367
QAR 3.640602
RON 4.30993
RSD 99.445022
RUB 78.20154
RWF 1434
SAR 3.750493
SBD 8.347338
SCR 14.094188
SDG 600.502172
SEK 9.459198
SGD 1.272052
SHP 0.785843
SLE 22.450364
SLL 20969.503664
SOS 571.499699
SRD 37.259497
STD 20697.981008
SVC 8.75024
SYP 13001.926185
SZL 17.706597
THB 32.489774
TJS 9.90025
TMT 3.51
TND 2.887503
TOP 2.342098
TRY 39.820005
TTD 6.790995
TWD 29.165897
TZS 2627.102031
UAH 41.786468
UGX 3595.112694
UYU 40.207263
UZS 12654.967269
VES 107.36058
VND 26120.5
VUV 118.903638
WST 2.73749
XAF 559.482615
XAG 0.027692
XAU 0.000303
XCD 2.70255
XDR 0.696185
XOF 558.475981
XPF 101.701917
YER 242.249938
ZAR 17.73715
ZMK 9001.197487
ZMW 23.87595
ZWL 321.999592
  • CMSC

    0.0900

    22.314

    +0.4%

  • CMSD

    0.0250

    22.285

    +0.11%

  • RBGPF

    0.0000

    69.04

    0%

  • SCS

    0.0400

    10.74

    +0.37%

  • RELX

    0.0300

    53

    +0.06%

  • RIO

    -0.1400

    59.33

    -0.24%

  • GSK

    0.1300

    41.45

    +0.31%

  • NGG

    0.2700

    71.48

    +0.38%

  • BP

    0.1750

    30.4

    +0.58%

  • BTI

    0.7150

    48.215

    +1.48%

  • BCC

    0.7900

    91.02

    +0.87%

  • JRI

    0.0200

    13.13

    +0.15%

  • VOD

    0.0100

    9.85

    +0.1%

  • BCE

    -0.0600

    22.445

    -0.27%

  • RYCEF

    0.1000

    12

    +0.83%

  • AZN

    -0.1200

    73.71

    -0.16%

UN chief urges aid surge in world of 'climate chaos, conflicts'

UN chief urges aid surge in world of 'climate chaos, conflicts'

UN chief Antonio Guterres urged the world to "rev up the engine of development" at an aid conference in Spain on Monday as US-led cuts jeopardise the fight against poverty and climate change.

Text size:

Dozens of world leaders and more than 4,000 representatives from businesses, civil society and financial institutions are in the city of Seville for the June 30-July 3 meeting to seek fresh impetus for the crisis-hit sector.

But the United States is snubbing the biggest such talks in a decade, underlining the erosion of international cooperation on combating hunger, disease and climate change.

Guterres told the opening of the conference that two-thirds of UN sustainable development goals set for 2030 were "lagging" and more than $4 trillion of annual investment were needed to achieve them.

President Donald Trump's gutting of US development agency USAID is the standout example of aid cuts but Germany, Britain and France have also slashed funds while boosting spending in defence and other areas.

The Oxfam charity says the cuts are the largest since 1960, while according to the World Bank rising extreme poverty is affecting sub-Saharan Africa in particular.

Disruption to global trade from Trump's tariffs and conflicts in the Middle East and Ukraine have dealt further blows to the diplomatic cohesion necessary for concentrating efforts on helping countries escape poverty.

The crisis meant children going unvaccinated, girls dropping out of school and families suffering hunger, said Guterres.

He urged nations to "change course" and "repair and rev up the engine of development to accelerate investment" in "a world shaken by inequalities, climate chaos and raging conflicts".

A blistering heatwave that is scorching southern Europe welcomed delegates, an example of the extreme weather that scientists say human-driven climate change is fuelling.

French President Emmanuel Macron lambasted Trump's tariffs as an "aberration" and "a killer for poor and emerging countries".

China and the United States were the "main guilty guys" in trade imbalances, he told a roundtable event.

- 'Message to the powerful' -

Among the key discussion points is reforming international finance to help poorer countries shrug off a growing debt burden that is holding back progress in health and education.

The total external debt of least developed countries has more than tripled in 15 years, according to UN data.

Critics have singled out US-based bulwarks of the post-World War II international financial system, the World Bank and the International Monetary Fund for reform to improve their representation of the Global South.

"Public international finance remains indispensable. Africa is not asking for favours. We are asking for fairness, partnership and investment," said Kenyan President William Ruto, urging the United States to reconsider its position.

A common declaration was adopted that reaffirms commitment to the UN development goals such as eliminating poverty and hunger, promoting gender equality, reforming tax systems and international financial institutions.

The text also calls on development banks to triple their lending capacity, urges lenders to ensure predictable finance for essential social spending and for more cooperation against tax evasion.

"What was once radical is now becoming mainstream. We finally have a consensus on reforming the international financial architecture," said Ruto.

Coalitions of countries are seeking to spearhead initiatives in addition to the so-called "Seville Commitment", which is not legally binding.

Spanish Prime Minister Pedro Sanchez said it was "time to take a step forward and not only reaffirm our commitment, but also redouble it".

But campaigners criticised the text for lacking ambition and have rung alarm bells about rising global inequality.

Responding to a question by AFP, Guterres insisted in a press conference that the Seville agreement was a step forward. But he acknowledged "resistances" to the drive for change and sent a "message to the powerful".

"It is better for them to lead the reform of the system now than to wait and eventually suffer the resistance later when power relations change," he said.

I.Ko--ThChM