Connect with us

Pakistan

The important agreement regarding climate change and the establishment of the "Damage and Loss" fund in COP 27 is a great success, Foreign Minister Bilawal Bhutto Zardari's interview to a foreign broadcasting organization

News Agencies

Published

on

Islamabad. November 25 (APP): Foreign Minister Bilawal Bhutto Zardari has stressed the need for a practical consensus to end the use of environmentally harmful fuels and said that important climate change issues will be discussed in COP 27. The agreement and the establishment of the "Damage and Loss" Fund is a major achievement for the whole world, to establish a Climate Bank to combat climate change, to provide loans to developing countries at reasonable rates. But not only the developing countries but also the developed countries will be affected by the catastrophic climate change.

He expressed these views in an interview to a foreign broadcasting organization. The foreign minister said that the important agreement regarding climate change in COP 27 is not a single country's victory, but the whole world's victory. How will the global financial system work and how will it benefit the most affected countries?

The foreign minister said that the issue of financial cooperation is likely to be completed by the next meeting of the Coop, which will be hosted by the United Arab Emirates. He said that many of the G77 plus China members are concerned about the non-fulfillment of past commitments, which is why the text of the agreement is important in terms of binding countries to their commitments. .

Bilawal Bhutto Zardari said that not only the developing countries will be affected by the destruction of climate change, the developed world will also be affected. The Foreign Minister said that a "Damage and Loss" fund has been set up to address the damages caused by climate change and arrangements have been made to provide financial assistance, working to meet the associated targets in a timely manner. Is.

The foreign minister said that Pakistan is keen to work with its partners in the G77 and the UAE, instead of pointing fingers at each other, to focus on the common struggle for collective survival. He said that this is not the first time that Pakistan has been affected by floods, severe heat waves and floods have happened before.

If the IMF and the World Bank can be approached, there should also be a "Climate Bank" where the affected countries can go and borrow from the Climate Bank at reasonable rates. The foreign minister said that we have to get our people back on their feet, a practical consensus is needed to end the use of environment-damaging fuels.

The news is published by EMEA Tribune & Associated Press of Pakistan210520-twitter-verified-cs-70cdee.jpg (1500×750)

Continue Reading
Advertisement

Breaking News

Advertisement

Editor Pick’s

Latest Entertainment

Entertainment12 hours ago

George Clooney says he was ‘objectified’ in early roles

George Clooney walks the red carpet at the Ticket to Paradise premiere at Regency Village Theatre in Los Angeles on...

Entertainment13 hours ago

Oscar Predictions: Best Supporting Actor – Ke Huy Quan Is a Story Worth Honoring This Season

Rank Name Film Distributor 1 Ke Huy Quan “Everything Everywhere All at Once” A24 An aging Chinese immigrant is swept...

Entertainment15 hours ago

Sally Field reveals that Burt Reynolds was her worst onscreen kiss: ‘Just a lot of drooling’

Turns out, Sally Field didn’t exactly have a field day when it came time to kiss her Smokey and the...

Entertainment15 hours ago

New Trailer For Miss Cleo Documentary Hints At ‘Web Of Stories’ Surrounding Her Life

Youree Dell Harris, aka Miss Cleo, is pictured on Feb. 24, 2009, in Lake Worth, Florida. Youree Dell Harris, aka...

Entertainment15 hours ago

Jury begins deliberations in Harvey Weinstein rape trial

LOS ANGELES (AP) — Jurors began deliberating Friday in the Los Angeles rape and sexual assault trial of Harvey Weinstein,...

Entertainment16 hours ago

Man arrested in fatal shooting of Migos rapper Takeoff

HOUSTON (AP) — Police have arrested a 33-year-old man in the fatal shooting of rapper Takeoff, who was killed last...

Entertainment16 hours ago

John Krasinski says his kids think he works in an office and when he showed them episodes of his show “The Office,” his youngest didn’t believe it was him on TV

John Krasinski, left, and right, as Jim Halpert in “The Office.”Jason Howard/Bauer-Griffin/GC Images; NBCUniversal/Getty Images John Krasinski’s kids think he...

Entertainment16 hours ago

‘Midnight Club’ Creator Mike Flanagan Reveals All Answers to Unresolved Mysteries After Show’s Cancellation, Including Mirror Man and Cataract Woman

Mike Flanagan kept his word and has revealed the answers to burning questions from the cliffhanger ending of “The Midnight...

Latest Sports

Sports36 mins ago

All Georgia’s Stetson Bennett does is deliver, even if he’s not a tantalizing NFL prospect

Stetson Bennett may not be high on NFL draft radar, but all he's done at Georgia is win.

Sports56 mins ago

Michigan DL Mazi Smith facing felony weapons charge, will continue to play

The charge against Smith was filed on Wednesday stemming from an alleged Oct. 7 incident in Ann Arbor.

Sports1 hour ago

What Draymond Green learned about himself after Jordan Poole altercation

In an interview with Marc J. Spears, Draymond Green shares what he learned from his altercation with Jordan Poole.

Sports2 hours ago

Two FSU defensive linemen no longer on roster

The Florida State football program had its second and third roster casualties of the 2022-23 offseason Friday night. Both of...

Sports2 hours ago

Yankees free agency and trade buzz: Phillies meeting with top shortstops, including Carlos Correa

The latest Yankees free agent and trade buzz and rumors during the 2022-23 MLB offseason.

Sports2 hours ago

World Cup 2022 score predictions: Chris Sutton predicts the last-16 matches

BBC Sport's football expert Chris Sutton gives his predictions for the final round of group games at the World Cup.

Sports3 hours ago

MLB rumors: Red Sox, reliever Chris Martin agree to two-year contract

The Red Sox needed to bolster their bullpen during MLB free agency, and they've taken a major step toward upgrading...

Sports3 hours ago

5 Biggest Disappointing Nations From the 2022 FIFA World Cup

The group stage of the 2022 FIFA World Cup left out some international powerhouses going into the round of 16....

Technology Hot News

Is Elon Musk Really Going to Buy Twitter? Is Elon Musk Really Going to Buy Twitter?
Technology1 month ago

Is Elon Musk Really Going to Buy Twitter?

Elon Musk, the owner of the electric car company Tesla, CEO of SpaceX, and the richest man in the world,...

WhatsApp services were affected across Pakistan, restored after 2 hours WhatsApp services were affected across Pakistan, restored after 2 hours
Technology1 month ago

WhatsApp services were affected across Pakistan, restored after 2 hours

WhatsApp services were affected in various countries of the world, including Pakistan, and India due to this users were facing...

Bitcoin vs Litecoin: A guide to understanding cryptocurrencies Bitcoin vs Litecoin: A guide to understanding cryptocurrencies
Technology2 months ago

Bitcoin vs Litecoin: A guide to understanding cryptocurrencies

Cryptocurrencies currently occupy an odd place in society. They are no longer the super niche bizarre currency beloved by tech...

Personal data of people is selling on Google Play and Google Ads Personal data of people is selling on Google Play and Google Ads
Editor Picks3 months ago

Personal data of people are sold on Google Play and Google Ads

It’s been two to three years since Google has been unknowingly hosting multiple apps from malicious actors who sell personal...

Protonmail is down a second time in the past 24 hours Protonmail is down a second time in the past 24 hours
Technology5 months ago

Protonmail is down a second time in the past 24 hours

An end-to-end encrypted email service Protonmail is down a second time in the past 24 hours, netizens reported on social...

What's better for the student: a tablet or a laptop What's better for the student: a tablet or a laptop
Technology6 months ago

What’s better for the student: a tablet or a laptop

Some analysts argue that computers have outlived their usefulness. There is some truth in this: PC and laptop sales are...

Tesla founder Elon Musk holds the Twitter deal temporary Tesla founder Elon Musk holds the Twitter deal temporary
Technology7 months ago

Tesla founder Elon Musk holds the Twitter deal temporary

USA: Elon Musk, the founder of companies like Tesla and SpaceX, can actually buy anything in the world. Last month,...

How Zafar Supari is utilizing his ability on Snapchat? How Zafar Supari is utilizing his ability on Snapchat?
Technology7 months ago

How Zafar Supari is utilizing his ability on Snapchat?

Pakistan: Zafar Supari a public figure, businessman, and social media sensation has crossed one hundred thirty-three thousand 133k subscribers on...