For marginal and small farmers who form the bulk of cooperative bank borrowers, the progressive increase in the waiver ceiling offers tangible breathing space.
Even though the 1.5°C threshold has been exceeded temporarily, continued warming could make such events more frequent and severe, intensifying impacts on biodiversity, human health, and food security.
Flooding has long been a critical issue for Male', the densely populated capital of Maldives. The city frequently experiences severe waterlogging during heavy rains, causing disruption and damage to infrastructure.