Developing countries under Pakistan’s chair successfully achieve “Loss and Damage” fund: FM
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ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari said that creation of ‘Loss and Damage’ fund under Pakistan’s chairmanship at UN Climate Change Conference (COP27) in Egypt last month to support climate disasters hit countries, was significant achievement.
Referring to establishment of fund, he said that it was something that climate activists had been struggling for last 30 years and he was proud that it was achieved under Pakistan’s chair of G77.
In an interview with Arab News, FM said that he felt that they had managed to achieve some common ground through language incorporated in loss and damage.
Obviously, there were different perspectives as developing world felt that their carbon footprint was smaller, they had not contributed as much as developed world to this crisis. “Agenda or aspiration of G77 is exactly that. We represent aspirations of developing world,” he said.
He said ‘Loss and Damage’ fund was demonstration of developing nations wielding collective strength when they had common cause, adding “I think we were very successful in creating that consensus.”
He said time and time again, G77 had come together to take unanimous decisions, consensus decisions.
Every meeting that he chaired had an outcome document.
“I tend to believe that there’s far more that unites us than divides us. And we should seek common ground, areas in which we can work together, rather than find areas where we disagree,” he opined.
He stressed that global south and global north have to work together. Developing world and developed world have to work together. “Climate justice, climate catastrophe, knows no boundaries, does not care whether you’re rich or poor, whether you contributed to climate change much or you didn’t,” Arab News quoted Bilawal as saying. “Wherever we look we see climate catastrophes catching up to us and we have to work together to address this issue,” he added.
Published in The Daily National Courier, December, 29 2022
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