Sat 7 Nov 2026
FTSE 100 10,673.94 -0.52%Microsoft 530.61 +1.67%NVIDIA 186.64 -8.80%Apple 342.37 -0.66%Google 283.93 +2.05%S&P 500 7,376.86 -2.68%Nasdaq 24,579.42 -3.37%Dow 51,285.73 -0.94%Russell 2000 2,754.11 -2.05%US 10Y Treasury 4.86% -0.72%Euro Stoxx 50 6,170.49 -0.09%DAX 25,820.36 +0.01%AEX-Index 1,120.55 -1.06%Nikkei 225 57,434.77 -9.25%Hang Seng 24,481.86 +5.10%Gold $4,074.90 +2.65%Silver $51.94 +2.41%Brent Crude Oil $98.32 -6.16%Natural Gas $3.00 +4.97%Copper $6.24 -4.66%GBP/USD 1.3356 -0.22%GBP/EUR 1.1975 -0.18%GBP/AUD 1.9444 +2.11%Bitcoin (USD) $75,836 -1.95%Ethereum (USD) $2,242 -1.34%FTSE 100 10,673.94 -0.52%Microsoft 530.61 +1.67%NVIDIA 186.64 -8.80%Apple 342.37 -0.66%Google 283.93 +2.05%S&P 500 7,376.86 -2.68%Nasdaq 24,579.42 -3.37%Dow 51,285.73 -0.94%Russell 2000 2,754.11 -2.05%US 10Y Treasury 4.86% -0.72%Euro Stoxx 50 6,170.49 -0.09%DAX 25,820.36 +0.01%AEX-Index 1,120.55 -1.06%Nikkei 225 57,434.77 -9.25%Hang Seng 24,481.86 +5.10%Gold $4,074.90 +2.65%Silver $51.94 +2.41%Brent Crude Oil $98.32 -6.16%Natural Gas $3.00 +4.97%Copper $6.24 -4.66%GBP/USD 1.3356 -0.22%GBP/EUR 1.1975 -0.18%GBP/AUD 1.9444 +2.11%Bitcoin (USD) $75,836 -1.95%Ethereum (USD) $2,242 -1.34%
Markets
Advertisement
Follow News in 60 on Facebook
UK Weather
London 12°C SunnyBirmingham 9°C OvercastManchester 11°C Patchy rain nearbyNewcastle 9°C Patchy rain nearbyBristol 11°C Patchy rain nearbyPembroke 12°C Light rain showerEdinburgh 10°C Patchy rain nearbyBelfast 10°C Patchy rain nearbyInverness 8°C OvercastPenzance 12°C Patchy rain nearbyHolyhead 11°C Light rain showerNorwich 10°C Overcast
More Info

UN Summit to Tackle Desertification: A $12bn Opportunity

Advertisement
Follow News in 60 on Facebook

As extreme weather events escalate, the UN’s Cop17 summit in Mongolia is set to allocate over $12 billion to combat desertification and drought. This funding aims to support vulnerable countries grappling with the impacts of climate change, particularly in food security and land restoration.

The summit’s significance is underscored by the urgent need for effective drought management strategies, as the World Food Programme warns that millions could face hunger due to climate-induced crop failures. With pledges from nations like Saudi Arabia, the focus is shifting towards operationalising these funds into actionable projects that can restore degraded land and improve agricultural resilience.

Key initiatives may include enhancing irrigation systems, planting drought-resistant crops, and improving rainwater storage. These efforts are not just vital for the affected countries but also for global food security, as rich nations are increasingly recognising the interconnectedness of land degradation and their own supply chains.

The Cop17 discussions will also explore ways to attract private sector investment, ensuring that the financial backing for land restoration matches that of emissions-focused climate actions. This could mark a pivotal shift in how the world addresses environmental challenges, with potential long-term benefits for both developing and developed nations.

Source: The Guardian

Read more Money news →

Leave a comment

Your email address will not be published. Required fields are marked *