sharm el sheikh [Egypt]18 November (ANI): UN Secretary-General António Guterres said on Thursday that COP27 is set to end in less than 24 hours, but countries remain divided on several key issues, including ‘loss and damage’. said there is.
Speaking at the Sharm El-Sheikh International Conference Center, Guterres called on all parties to meet the urgency of the moment and agree on real solutions to solve humanity’s greatest challenges.
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“COP27 is due to end in 24 hours and, as mentioned, the parties remain divided on a number of key issues. There has clearly been a breakdown of trust between us, and now is not the time to blame.
“I am here to appeal to all concerned to confront this moment and face the greatest challenge facing humanity,” he added.
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The UN Secretary-General has called on nations to take meaningful action that is sorely needed by people and the planet. “The world is watching and I have a simple message. Please stand up and deliver it,” he stressed.
Mr. Guterres reminded world leaders that global emissions are at an all-time high and that climate impacts are devastating economies and societies.
“The most effective way to rebuild confidence is to find ambitious and credible agreements on loss and damage and financial assistance to developing countries. The time to talk about the finance of loss and damage is over. We need to act,” he said, urging negotiators to offer concrete solutions to one of the most vexing issues on the COP (Conference of Parties) agenda this year. Submit to the United Nations Climate Convention.
The UN secretary-general also called on negotiators to send a clear signal that those on the front lines of the crisis are being heard, but the world is burning and drowning before their eyes. increase.
“Reflect on the urgency, scale and enormity of the challenges facing developing countries. We deny climate justice to those who contribute the least and suffer the most to the climate crisis. I can’t keep doing it,” he explained.
For the first time in the history of the UN Climate Conference, the issue of loss and damage was included on the official agenda.
UN News reports that the creation of a new financial facility to compensate for the losses suffered by vulnerable countries hardest hit by natural disasters is a major move by the negotiating bloc, known as the Group of 77, representing nearly all developing countries. I have reported that it is a reasonable request.
The UN Secretary-General also called for the US$100 billion a year in climate finance pledged at COP15 in Copenhagen.
He called on parties to double down on adaptation investments and act by consensus to reform multilateral development banks and international financial institutions.
“…both parties must address significant funding issues, which means providing developing countries with US$100 billion in climate finance. It means clarifying how we will achieve doubling of adaptation funding through the map,” he said. He said.
He also stressed that banks and international financial institutions must provide the necessary support for developing countries to start on a renewable energy and climate change robust path. (ANI)
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