UN: rich countries should allocate $100 billion to climate change adaptation
GENEVA, December 9 – RIA Novosti. UN Secretary-General António Guterres said on Monday that rich countries should allocate $100 billion to adapt the countries most affected by climate change.
“Developed countries must honor their dual cohesion fund commitments and reach the $100 billion target urgently without delay,” he said at the International Conference on Aid to Pakistan in Geneva.
Guterres reiterated his call for reform in the global financial architecture, in particular multilateral development banks.
The UN Secretary-General also calls for greater efforts to ensure that everyone in the world has early warning systems for climate disasters within five years.
Pakistan and the UN are holding a major conference in Geneva on Monday aimed at organizing support for the country’s recovery from devastating floods.
More than 1.6 thousand people lost their lives and more than 12 thousand people were injured as a result of monsoon rains and floods that started in June 2022 in Pakistan. In total, more than 33 million people were affected by the floods. Floods in Balochistan, Khyber Pakhtunkhwa and Sindh provinces caused the most damage. At least 2 million homes were damaged and more than 1 million cattle perished. Pakistani authorities declared a state of emergency and called on other countries and international organizations to provide all possible assistance.
I’m Harold O’Connor and I work as an author and editor for News Unrolled, a news website dedicated to delivering the latest world events. With my in-depth research skills, passion for news writing, and keen eye for detail, I strive to provide readers with accurate information on current affairs from around the globe.