Dubai: COP28 President-Delegate, Sultan Al Jaber, today delivered a virtual address at the meeting of G77 + China Ministers and High Authorities of Environment, Science, Technology and Innovation, held in Havana, on Sustainable, Inclusive and Resilient Development, where he reiterated the need to reform climate finance and international financial institutions (IFIs). Al Jaber said,
With 80% of the global population, the G77 provides an essential forum for the Global South to deliver a united voice on the critical issue of climate change. That voice is all the more important now in light of the impacts – which are being felt the most in the Global South.
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COP28 will deliver a plan of action that is both ambitious and practical, “focused on results that address the needs of the Global South,” the President-Designate stated, adding that COP28 will, “fast track a just energy transition that triples renewables, doubles hydrogen production, and increases energy efficiency while phasing down the use of fossil fuels,” he continued.
We must safeguard energy affordability, accessibility and security while maintaining socio-economic development.
COP28 will produce a “plan of action that reignites momentum on each of the pillars of climate action, from mitigation to adaptation, finance and loss and damage,” the President-Designate stated, adding that on adaptation,
We need to double finance to USD 40 billion and allow for a truly global early warning system – built on the best technologies.
He reminded the gathering,
The single largest obstacle to success is finance – and the COP28 Presidency is committed to addressing this issue in a real way.
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“There are encouraging signs that the long overdue $100-billion-dollar pledge will be fulfilled,” he stated, yet cautioning, “IFIs and MDBs are not distributing concessional finance anywhere near quickly enough. Climate finance needs to be more available, more accessible, and more affordable.”
Dr. Al Jaber told the audience that COP28 will work to lower the level of risk, mobilizing “the private sector – unlocking trillions of dollars in climate finance.”
For the first time, COP28 “will address the impacts of climate change and livelihoods by putting food, health and nature at the heart of COP,” Al Jaber said, reminding the assembled dignitaries that at COP27,
The unity of the G77 was critical to delivering a historic outcome on Loss & Damage. Indeed, G77 countries can help us on each of the priority areas by pushing for unity and solidarity throughout the negotiations.
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Further elaborating on the upcoming event, Al Jaber said,
COP28 will be the first COP to host a G77 summit. We urge you to use this platform to shape ambitious outcomes and accelerated action.
The President-Designate went on to say the COP28 will need G77’s help to deliver
A bold and transformative response to the Global Stocktake. To conclude the Global Goal on Adaptation. To accelerate a balanced and just energy transition. And to finally deliver the scale and scope of climate finance that is needed for concrete results.
He concluded his remarks with a call to unite, act, and deliver,
Let us work together to pave the way towards an inclusive, sustainable, and resilient future for all.
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(This story has not been edited by NDTV staff and is published from a syndicated feed.)
NDTV – Dettol have been working towards a clean and healthy India since 2014 via the Banega Swachh India initiative, which is helmed by Campaign Ambassador Amitabh Bachchan. The campaign aims to highlight the inter-dependency of humans and the environment, and of humans on one another with the focus on One Health, One Planet, One Future – Leaving No One Behind. It stresses on the need to take care of, and consider, everyone’s health in India – especially vulnerable communities – the LGBTQ population, indigenous people, India’s different tribes, ethnic and linguistic minorities, people with disabilities, migrants, geographically remote populations, gender and sexual minorities. In wake of the current COVID-19 pandemic, the need for WASH (Water, Sanitation and Hygiene) is reaffirmed as handwashing is one of the ways to prevent Coronavirus infection and other diseases. The campaign will continue to raise awareness on the same along with focussing on the importance of nutrition and healthcare for women and children, fight malnutrition, mental wellbeing, self care, science and health, adolescent health & gender awareness. Along with the health of people, the campaign has realised the need to also take care of the health of the eco-system. Our environment is fragile due to human activity, which is not only over-exploiting available resources, but also generating immense pollution as a result of using and extracting those resources. The imbalance has also led to immense biodiversity loss that has caused one of the biggest threats to human survival – climate change. It has now been described as a “code red for humanity.” The campaign will continue to cover issues like air pollution, waste management, plastic ban, manual scavenging and sanitation workers and menstrual hygiene. Banega Swasth India will also be taking forward the dream of Swasth Bharat, the campaign feels that only a Swachh or clean India where toilets are used and open defecation free (ODF)status achieved as part of the Swachh Bharat Abhiyan launched by Prime Minister Narendra Modi in 2014, can eradicate diseases like diahorrea and the country can become a Swasth or healthy India.
