Abu Dhabi: Dr. Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and COP28 President, has urged increased efforts to tackle adaptation finance gaps and prioritize actions to make climate finance more accessible to vulnerable nations.
The Minister was speaking in the third Climate and Development Ministerial, which was convened at Pre-COP and co-hosted by the United Kingdom, Vanuatu, and Malawi.
“People and the planet lie at the heart of the climate process, which is focused on protecting lives, livelihoods, and nature,” Dr. Sultan said.
To guarantee an inclusive and equitable transition to low-carbon and resilient growth, the voices of emerging and developing countries must not go unheard. COP28 must leverage an adequate response to the Global Stocktake and set out a pathway to fill the financing gaps and address shortcomings in the global climate finance architecture.
Dr. Sultan remarked.
Mr. Graham Stuart, UK Minister of State for Energy Security and Net Zero, noted that, “the UK is determined to deliver on its ambitious climate commitments while supporting those most at risk from the impacts of climate change – represented by our $2 billion contribution to the Green Climate Fund earlier this year.”
The Malawi Minister for Natural Resources and Climate Change, Dr. Michael Usi stated that, “least Developed Countries are among the world’s most vulnerable countries to the impacts of climate change, yet have done the least to contribute to the problem.”
The Ministerial was an important milestone ahead of COP28 to ensure that those countries that are most vulnerable to the impacts of climate change are at the forefront of the transition to a new climate economy.