Karachi, November 25, 2022 (PPI-OT):Foreign Minister Bilawal Bhutto Zardari has said that having an important agreement regarding climate change is not a victory for a single country but for the whole world. The agreement is a victory for the people affected by climate change.
While giving an interview to an American radio NPR, the foreign minister said that regarding financial cooperation, it is important to see what procedures the global financial system adopts and how it will reach the most affected countries.
He said that in our opinion, the matter of financial cooperation is pending until the next meeting of the “Coop” which will be represented by the United Arab Emirates. The foreign minister said that many countries in the “G77 plus China” are undoubtedly worried about the non-fulfilment of past agreements. This is why the text in the treaty is important in terms of what binds countries to their commitments.
Bilawal Bhutto Zardari said that not only developing countries will suffer from the destruction of climate change Not only that, but the developed world will also be affected. As the current chair of the “G77 plus China”, we want the points of agreement to be implemented.
He said that we have set up a “damage and loss” fund and made arrangements to provide financial assistance. We have to work to meet the targets attached to them within the stipulated time. The Foreign Minister said that Pakistan is looking forward to working with its partners in the G77 and the UAE.
He said that instead of pointing fingers at each other, we should focus on joint struggle for collective survival. Bilawal Bhutto Zardari said that this is not the first time that the current floods have caused destruction in Pakistan.
The foreign minister said that if I go to the IMF and the World Bank, I should get a loan from a climate bank at a reasonable rate. Bilawal Bhutto Zardari expressed his determination to bring my people back to their feet to be erected. A global consensus is needed to end the use of environmentally damaging fuels.
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