No Time to Waste. Ministerial Meeting Calls for Urgent Financing for Countries Most Vulnerable to Climate Change

No Time to Waste. Ministerial Meeting Calls for Urgent Financing for Countries Most Vulnerable to Climate Change

With barely two months to go before the UN Climate Change Conference (COP27) in Egypt, Africa and other developing parts of the world that bear the severest brunt of climate change are warning against turning it into a mere talking shop of promises.

African Development Bank Group President Dr. Akinwumi Adesina and speakers at the 2nd ministerial meeting on climate and development held on the sidelines of the ongoing UN General Assembly on Tuesday in New York questioned the commitment of developed countries to deliver on the promises they made at COP26 in Glasgow and the 2015 Paris Agreement.

They called for urgent action to raise funding for the world's most vulnerable nations.

The top-level meeting wants climate and nature objectives mainstreamed across financial and economic policy as well as a significant action point to be presented at COP27 in November.

“We are late. We must act. I’m fed up with saying the same thing too many times in the same meetings. Business as usual is the collective enemy. It’s time for action,” said US climate envoy John Kerry adding, “We are working on something serious to be put on the table at Sharm El Sheikh.”

Senator Kerry spoke about his recent trips to Nigeria