As climate change intensifies, it is imperative for policymakers to address the escalating loss and damage it inflicts on vulnerable communities in developing countries.

This publication provides an analysis of how climate change boosted temperatures worldwide between December 2023 and February 2024. Primarily by burning coal, oil, and natural gas, humans have raised the temperature of the planet.

Despite growing consensus that climate-resilient development should be at the top of the agenda for least developed countries, a persistent implementation gap means there is little practical learning derived for governments on how to operationalise.

Internationally coordinated climate mitigation policies can effectively put the world on a path toward achieving the agreed Paris temperature goals. Such coordination could be initiated by large players, such as China, the US, India, the African Union, and the European Union.

The Reserve Bank of India has placed on its website the Draft guidelines on Disclosure framework on Climate-related Financial Risks, 2024.

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