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At COP27, Pakistan to lead push for compensation to developing countries

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At COP27, Pakistan to lead push for compensation to developing countries

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  • By contrast, Pakistan is the source of less than 0.4 per cent of historic carbon pollution.
  • This was stated by Pakistan’s Permanent Representative to the United Nations, and Chairman of the Group of 77 and China Munir Akram, in an interview with “The Washington Post”.
  • Munir Akram said there is a lot of talk about global solidarity but there is reluctance on the part of Global North to admit their policies caused the climate change, and therefore they have a responsibility to respond to it.
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At the UN Climate Summit in Egypt, Pakistan will lead push for compensation to developing countries suffering from climate change.

This was stated by Pakistan’s Permanent Representative to the United Nations, and Chairman of the Group of 77 and China Munir Akram, in an interview with “The Washington Post”.

He said this is a matter of climate justice to the developing countries that are suffering from impacts of policies of industrialised countries over the past 150 years.

Munir Akram said there is a lot of talk about global solidarity but there is reluctance on the part of Global North to admit their policies caused the climate change, and therefore they have a responsibility to respond to it.

According to data from the Global Carbon Project, more than 80 percent of planet-warming emissions come from the world’s 20 largest economies.

By contrast, Pakistan is the source of less than 0.4 per cent of historic carbon pollution.

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According to a World Bank report Pakistan, is grappling with more than 30 billion dollars in physical and economic losses from the floods,

Devastation to agriculture and other industries is expected to shrink the national gross domestic product by more than 2 percent.

The report said rebuilding damaged infrastructure in a resilient way will cost the country more than 16 billion dollars.

Prime Minister Shehbaz Sharif has left for Egypt to participate in the “Sharm El-Sheikh Climate Implementation Summit”.

He is accompanied by Foreign Minister Bilawal Bhutto Zardari, cabinet members and other senior officials.

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The “Sharm El-Sheikh Climate Implementation Summit” is taking place as part of the 27th UN Climate Change Conference.

The Prime Minister will also co-chair, along with his Norwegian counterpart, a high-level roundtable discussion on “Climate Change and the sustainability of vulnerable communities” on Tuesday.

He will participate in other high-level events as a speaker, including the UN Secretary General’s roundtable to launch the ‘Early Warning Systems for Executive Action Plan’, and the ‘Middle East Green Initiative Summit’ tomorrow, being hosted by Saudi Crown Prince Mohammad bin Salman.

The Prime Minister is also scheduled to hold bilateral meetings with several world leaders on the margins of the summit.

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