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COP28 president urges enhanced adaptation finance for vulnerable countries

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By illuminem briefings

· 2 min read

illuminem summarizes for you the essential news of the day. Read the full piece on Energyworld or enjoy below:

🗞️ Driving the news: The President of COP28, Shamma Al Mazrui, has called for increased adaptation finance to support vulnerable countries in their fight against climate change
• She emphasized the need for urgent action and enhanced financial support during a preparatory meeting for the upcoming climate summit

🔭 The context: Vulnerable countries are disproportionately affected by the impacts of climate change, facing severe weather events, rising sea levels, and other climate-related challenges
• Adaptation finance is crucial to help these nations build resilience and implement necessary climate adaptation measures

🌍 Why it matters for the planet: Providing adequate adaptation finance to vulnerable countries is essential to ensure global climate resilience and progress towards the goals of the Paris Agreement
• It supports the implementation of sustainable practices, infrastructure development, and resilience building, contributing to the overall fight against climate change

⏭️ What's next: The call for enhanced adaptation finance sets the stage for discussions and negotiations at COP28, where countries will convene to address climate change challenges and work towards global climate goals
• The focus will be on mobilizing finance, enhancing resilience, and ensuring equitable support for all nations

💬 One quote: “We need to act now, and we need to act together to provide the necessary support to those who need it the most” (Shamma Al Mazrui, COP28 President)

Click for more news covering the latest on sustainable finance

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