Tea News for the week ending November 11
Funding Prevention Gives Way to Funding Climate Repairs
“We cannot ignore the race to resilience in our race to zero,” says Dr. Mahmoud Mohieldin, UN Climate Change High-Level Champion for Egypt. Developing countries will need $1 trillion a year in external financing by 2030 to cut emissions, boost resilience, restore land, and repair damage caused by increasingly destructive climate events, according to a report released by organizers of the United Nations Climate Summit (COP27). Total investment in developing countries will require $2.4 trillion by 2030, a sum beyond government budgets. Climate finance by the private sector, both foreign and domestic, is key to solving today’s development challenges. According to the report, the current investment is around $500 million. The report was jointly funded by hosts Egypt and the United Kingdom.
| Bangladesh Production Rebounds After Strike
| A Tea Tourism Handbook Elevates Immersive Travel
| PLUS Tea Biz explores exotic Jeju Island off the southern coast of South Korea, where Wild Orchard Regenerative Tea is grown. Michael D. Ham, co-founder and company president, describes in detail the biodiverse cultivation and multiple washing of leaves while processing these award-winning teas.
Caption: Michael D. Ham, co-founder and president Wild Orchard Regenerative Tea