Climate Finance Crisis! PM Shehbaz Slams Delayed Pledges at COP29

PM Shehbaz Sharif at COP29 calls for fulfillment of climate finance pledges, highlighting the urgent need for international support to tackle climate change’s impacts on vulnerable nations like Pakistan.

Nov 13, 2024 - 17:54
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Climate Finance Crisis! PM Shehbaz Slams Delayed Pledges at COP29
Climate Finance Crisis! PM Shehbaz Slams Delayed Pledges at COP29

At the COP29 summit, Pakistan's Prime Minister, Shehbaz Sharif, called attention to the unfulfilled financial pledges made to combat climate change, urging that these commitments be honored to effectively address the climate crisis. His remarks come ahead of Finance Minister Aurangzeb's arrival in Baku, where he is set to engage in crucial discussions.

The Prime Minister emphasized the significant gap between promised climate finance and the actual funds disbursed, highlighting that this disparity undermines global efforts to mitigate the far-reaching effects of climate change, especially for vulnerable nations like Pakistan. The country has faced devastating weather events, including floods and extreme heatwaves, underlining the pressing need for international collaboration and financial assistance.

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