Tag: climate shocks

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February 8th, 2024February 8th, 2024Latest, Economy, National

Adriano Maleiane: "Mozambique is implementing reforms to reduce climate shocks"

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Prime Minister Adriano Maleiane said on Wednesday that the Mozambican government is strengthening resilience to climate shocks and implementing reforms to reduce the risk of disasters that have affected more than 10 million people in the country in the last ten years. Speaking yesterday, virtually, at the 33rd Summit of Heads of State and Government...

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July 9, 2023July 9, 2023Latest, Economy, World

UN suggests suspending debt repayment in case of climate shocks

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The UN, through the deputy executive secretary of the United Nations Economic Commission for Africa (UNECA), argues that the public debt contracts of the most disadvantaged countries should be suspended in the event of a natural disaster. "In order to deal with the challenges posed by a series of cascading crises, the state debt instruments that...