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Monday, March 27, 2023

Pakistan seeks funds for floods in COP 27

This year’s floods in Pakistan have affected 33 million people. The country’s prime minister, Shahbaz Sharif, requested additional financing at COP27, not loans, to cope with the reconstruction of infrastructure and to build new ones. Sharid calls for a re-adjustment of climate change policies in a world that he says is ruining faster than it can recover.

“We call on those who have the power and the financial strength to change the course of history loud and clear, and that is what this convention is all about. Ladies and gentlemen, it is now or never. For us, really In, there is no planet B.” Sharif explained.

World leaders now delegate summits to negotiators to try to turn various demands and demands into practical policies. It is about ensuring that commitments made beyond the limits of the summit are translated into real actions.

The Secretary-General of the United Nations has condemned so-called “greenwashing”, the practice of some companies that promise zero emissions but are wrong.

“There’s a certain cynicism about whether these promises are real and the reality is that there are some challenges. We’re very clear about what can’t be done. You can’t invest in fossil fuels. If you say That you are committed to zero emissions and you are very ambitious in terms of weather. You cannot continue investing in new sources of fossil fuel supply, which are the problem. You have to cover all your emissions,” explained Katherine McKenna, chair of the High Level Group of Experts on Zero Emissions Commitments of Non-State Entities.

Meanwhile, the presidents of Colombia, Venezuela and Suriname support a specific project: the protection of the Amazon rainforest. Both have taken advantage of the summit for a broad coalition to curb their deforestation.

World Nation News Desk
World Nation News Deskhttps://worldnationnews.com/
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