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Climate News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

President Cyril Ramaphosa has called the climate crisis a full-blown emergency.

Steam rises from the cooling towers of the coal power plant of RWE, one of Europe's biggest electricity and gas companies in Niederaussem, Germany, March 3, 2016.Ramaphosa says developing economies and African countries in particular bear the brunt of the impacts of a warming planet.

He says, “The industrialised nations are not honouring their climate commitments and we repeat the call for predictable and sustainable financing for climate action. We must operationalise the agreed-upon climate financing and capacity building instruments to advance mitigation and adaptation. Pursing sustainable development necessitates that those with the means should support those who lack them. The world faces annual financing gap of USD 4 trillion to achieve sustainable development.

 

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