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Further, the impact of the two ongoing wars - in Ukraine and Gaza - on energy security and prices, coupled with the pandemic-related economic setbacks, have made the transition to a low-carbon economy ever more challenging. In this backdrop, the decisions taken in Dubai will have far-reaching consequences.
The Permanent Mission of India to the UN and the UN Office for South-South Cooperation (UNOSSC) organised a special event at the world body's headquarters here Wednesday to commemorate six years of collaborative partnership of the India-UN Development Partnership Fund.
Adnan Amin, CEO of the COP28 summit, told Reuters this month the aim was to secure several hundred million U.S. dollars for the climate disaster fund during the event. He said he was "hopeful" that the UAE would make a contribution. "We cannot rest until this fund is adequately financed and starts to actually alleviate the burden of vulnerable communities," said Samoa's Ambassador to Europe, Pa'olelei Luteru, who is also the chairman of the Association of Small Island States (AOSIS) negotiating bloc.
India News: Dr Sultan Al Jaber, the CO president-designate, praised India for its energy transition vision and called for a "new paradigm" in climate finance to e
COP28 President-designate Dr. Sultan Al Jaber on Sunday praised India, the current hosts of the Presidency of the G20, for its energy transition vision even as he acknowledged the critical need for a "new paradigm" in climate finance to ensure every country across global south adopts low carbon development.