COP27 must help unlock private, public financing for climate adaptation, mitigation: Sherry

Federal Minster for Climate Change Senator Sherry Rehman speaking at the Panel Discussion, Bargain: Between the North and the South at Ministry of Climate Change’s Pakistan Pavilion.
SHARM EL-SHEIKH: November 11 - Federal Minster for Climate Change Senator Sherry Rehman speaking at the Panel Discussion, Bargain: Between the North and the South at Ministry of Climate Change’s Pakistan Pavilion- APP

SHARM EL-SHEIKH, Nov 11 (APP): Federal Minister for Climate Change Senator Sherry Rehman on Friday said COP27 must help unlock private, public financing for climate adaptation, mitigation to deal with the future tsunami of environmental disasters.

Speaking at the 27th meeting of the conference of parties to the United Nations Framework Convention on Climate Change (COP27) Forum on Climate Change in the Asia-Pacific Region of the United Nations, the Minister demanded that a public and private financing system should be created at the forum to assist worst impacted countries due to environmental degradation for enhancing climate resilience and preparedness.

Senator Rehman said climate change events were on the rise in the Asia-Pacific region, adding, “This is a period of much-needed adaptation for us.”

Federal Minster for Climate Change, Senator Sherry Rehman in a bilateral meeting with Susana Muhamad, Minister of Environment and Sustainable Development of Colombia
SHARM EL-SHEIKH: November 11 – Federal Minster for Climate Change, Senator Sherry in a bilateral meeting with Susana Muhamad, Minister of Environment and Sustainable Development of Colombia. APP

The Minister underscored that the concern was how the world would protect its societies from the climate emergency. “We are at ground zero of climate stress,” Sherry Rehman said.

The Living Indus initiative involved projects that would reduce carbon emissions whereas the project’s objectives included ecosystem restoration, river protection and a resilient future, she said.

APP Services