Red Cross urges disaster preparedness investment ahead of COP31 in Türkiye

Ahead of COP31 in Türkiye, the Red Cross calls for greater investment in disaster preparedness, citing new analysis that nature-based solutions could help developing countries avoid $577 billion in annual economic losses by 2050. The claim is based on a new analysis, but specifics on methodology and scope are not provided. This underscores the growing emphasis on adaptation and resilience financing in climate negotiations.

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