UN Human Rights Council discusses climate finance and disability rights

The UN Human Rights Council, led by Independent Expert Attiya Waris, highlighted the issue of developing countries facing debt distress that limits their ability to invest in climate resilience. It was reported that 61 countries are in or nearing debt distress, constraining fiscal space for climate investments. Waris indicated that developing nations spent approximately $443.5 billion on external debt servicing in 2022, which is five times more than their spending on climate actions. The need for $2.4 trillion annually to meet climate change goals highlights the urgency of addressing this financial disparity.