Furthermore, Seoul will launch a Carbon Free Alliance to share solutions on clean and carbon-free energy sources. To this end, it has pledged $300 million for the second replenishment of the Green Climate Fund in 2024-2027, in addition to another $300 million since the Fund’s inception. Other Member States responded to those calls, with the representative of the Republic of Korea affirming that his country - which increased its official development assistance (ODA) budget by 21.3 per cent in 2023 - will also continue to increase its green ODA and act as a “green ladder” to help climate-vulnerable countries reduce carbon emissions. He further stressed the need for paramount compliance with the Paris Agreement on climate change and the Addis Ababa Action Agenda. Calling for the fulfilment of commitments made on official development assistance (ODA) and climate finance, he stressed that it is important for development partners to provide substantial support to climate action initiatives through adequate financing and technological capacities. Timor-Leste’s representative said his Government will promote policies that reverse biodiversity loss and restore ecosystem services, including through nature-based solutions. The twenty-eighth United Nations Climate Change Conference is a crucial opportunity to advance specific adaptation and mitigation measures, she said, calling for the operationalization of the loss and damage fund. Uruguay is stepping up renewables in its energy matrix to 56 per cent in 2022, she said, also underlining its emphasis on environmental sustainability. The representative of Uruguay underlined the need for a more inclusive, equitable recovery, with strengthened environmental commitments. Underlining the role of education in sustainable development, he highlighted its “green schools” initiative, launched in 2010. He spotlighted the formation, with France and Spain, of the Working Community of the Pyrenees, including the Pyrenean Climate Change Observatory, which provides recommendations for sustainable policies in the region and can eventually help territories adapt to climate change. Recalling a proposal by his Government to host a regional climate summit in 2026 under United Nations auspices, he noted that the country will submit a consensus resolution focusing on international cooperation and coordination for the rehabilitation and economic development of the Semipalatinsk region, inviting Member States to support and co-sponsor the resolution.Īndorra’s representative stated that, as a landlocked and mountainous country, it is vulnerable to climate change - and therefore a balance must be found between tourism and sustainable development. The representative of Kazakhstan called for special attention to the needs of geographically disadvantaged countries like his, warning that Central Asia may experience a 2 to 2.5☌ increase in temperature. The threats and ravages of climate change are inextricably linked to national and global progress on the Sustainable Development Goals, requiring urgent action in the environmental, financial and energy sectors, speakers stressed today as the Second Committee (Economic Financial) continued its annual general debate.
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