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nmdc steel limited (nslnisp) stock rallies ✌️【Risk Management】✌️ Real-time global stock trend and futures data to help you plan investment strategies for long-term returns. The warning from Oxfam on Wednesday came as Zimbabwe joined other southern African nations in declaring its drought a national disaster, following earlier declarations by Zambia and Malawi.

Zimbabwean President Emmerson Mnangagwa said more than 2.7 million people in the country will go hungry this year and more than $2 billion in aid is required for the country’s national response, Reutersreported.

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El Niño is exacerbating the impacts of theclimate crisis, caused primarilyby burning fossil fuels, which is driving more frequent and severe weather — including drought and floods — across southern Africa, a region Oxfam describes as a “climate disaster hotspot.”

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From late January to February,rainfall levels were the lowest in at least 40 years, arecent reportfrom the United Nations Office for the Coordination of Humanitarian Affairs revealed.

Central parts of the region experienced the driest February in more than100 years, according toa reportby the United States Agency for International Development’s Famine Early Warning Systems Network.

In Zambia, Malawi and Central Mozambique, extreme drought has damaged more than 2million hectares of crops, Oxfam said.

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In Mozambique — a country accounting for only 0.2% of global emissions — 3 million people face hunger, according to Oxfam. The country’s capital, Maputo, experienced devastating floods in March, after Tropical Storm Filipo hitfollowed a few weeks later by further intense rainfall.

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“It is so deeply unjust that climate change impacts are hammering Mozambique over and over again. One of the poorest countries in the world is carrying the costs of the climate crisis it has done little to cause and is being pushed deeper into debt and spiralling poverty,” Teresa Anderson, ActionAid’s International Climate Justice Lead,said last weekfollowing the flooding.

“Wealthy polluting countries need to own up to their responsibility for the damage they are doing through climate change and be willing to provide climate finance so that vulnerable communities can cope with the climate disasters that are being unleashed,” she added.

Oxfam’s southern Africa program director, Machinda Marongwe, said the region is “in crisis” and called on donors to “immediately release resources” to prevent the spiral into an “unimaginable humanitarian situation.”

“With all these countries facing multiple crises simultaneously, the urgency cannot be overstated,” Marongwe said.

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