UAE’s Reem Al Hashimy says climate finance ‘business as usual’ is not enough – The National

  • Date: 03-Mar-2023
  • Source: The National
  • Sector:Oil & Gas
  • Country:UAE
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UAE’s Reem Al Hashimy says climate finance ‘business as usual’ is not enough – The National

Business as usual in climate finance is not enough, said Reem Al Hashimy, the UAE's Minister of State for International Co-operation, on the second day of the Raisina Dialogue in New Delhi.

Ms Al Hashimy said funds are not being allocated efficiently to countries that are transitioning or in need of capital for development, especially when it comes to climate change action.

“We have been seeing earthquakes, typhoons, floods and droughts on an unprecedented scale,” Ms Al Hashimy said during a panel discussion moderated by Mina Al-Oraibi, Editor-in-Chief of The National.