December 3, 2022

COP 27: Fund set up to help countries affected by climate change

The funds set up to remedy the damage covers the destruction of bridges and homes and other effects of climate change due to floods.

cop 27 fund

cop 27 fund

A special fund has been approved at the COP 27 conference to prevent the effects of climate change, which will help the weaker countries affected by global warming.

According to the Media, a meeting of the Coop 27 is being held in the United Nations -administered Egyptian city of Sharm El Sheikh.

The delegation attending the conference praised the fund for ‘loss of losses’.

The move comes as a result of a two -week continuous negotiations, in which developing countries have been demanding the rich countries that are a major cause of polluting the environment, while developing countries are not equal to the role of developing countries. Is.

The United Nations began talks on climate change in Coop 27. The meeting did not give much importance to the ‘loss of losses’.

However, the concrete efforts of the developing countries played a decisive role and the resistance of the rich countries was melted, fearing to take responsibility for openly common climate change.

With the dialogue in this regard, the position of developing countries became important.Power Shift Africa Executive Director Mohammad Ada said on the occasion, “At the beginning of the talks, the point of remedy the loss was not included in the agenda. Today we are making a history.”

He added that ‘it has been revealed that the UN -run negotiations are fruitful. Developed countries should understand their grief rather than make the weaker countries a political football. ‘

Pakistan’s Prime Minister Shahbaz Sharif has said that the decision to set up the LaS and Demage Fund at the UN Meteorological Summit is the first key step towards the target of climate justice.

In his tweet on Sunday, Prime Minister Shahbaz Sharif said that it is now up to the interim committee to move forward with this historic development. The Prime Minister appreciated the role and hard work of Federal Minister for Climate Change Sherry Rehman and his team.

The funds set up to remedy the damage covers the destruction of bridges and homes and other effects of climate change due to floods.

Similarly, it also includes points related to the dangers posed by the islands, oceans and cultures.

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