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The issue of global financing for development is a critical theme in the international development agenda with the most recent United Nations (UN) meeting being the Third International Conference on Financing for Development (FfD), which was held in July.

Out of 7.5 billion people in the world, more than 1 billion - or one in seven people - live on less than $1.25 (1.13 euros) a day. The number of those living in extreme poverty could rise sharply by 2030 unless governments plan better for disasters, the W

By 2050, Fiji’s annual losses due to extreme weather events could reach 6.5 percent of GDP because of the impact of climate change, with more than 32,000 people pushed into hardship every year.

Major international partnerships are mobilizing large-scale financing to protect people who the most vulnerable from climate impacts, reflecting the fact that building a climate resilient world is essential to secure hard-won development gains.