UN conference raises less than $1B for climate-wracked Horn of Africa – BusinessMirror

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A high-level UN conference on Wednesday raised less than $1 billion of the more than $5 billion organizers were hoping for to help over 30 million people in the Horn of Africa. Know more:

Nunay Mohamed, 25, who fled the drought-stricken Lower Shabelle area, holds her one-year old malnourished child at a makeshift camp for the displaced on the outskirts of Mogadishu, Somalia on June 30, 2022. The United States has announced $524 million in additional humanitarian aid for the Horn of Africa that aims to put a spotlight on the extreme effects of climate change and the worst drought in the region in 40 years.

“People in the Horn of Africa are paying an unconscionable price for a climate crisis they did nothing to cause,” he said. “Without an immediate and major injection of funding, emergency operations will grind to a halt, and people will die.” But the results of the pledging conference co-hosted by the US, UK, Italy and Qatar were anything but bold.

Alison Huggins, deputy director for Africa for the relief organization Mercy Corps which has worked in the Horn of Africa since 2004, said it takes the results of the conference “with a grain of salt because many of these pledges were just confirmations of existing financing commitments and remain insufficient in light of the region’s urgent and expanding needs and the many lives still hanging in the balance.

 

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