Maldives News Network
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1 year, 7 months ago
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urgent
Vice President calls for review of climate change financial assistance framework
Vice President Hussain Mohamed Latheef called for reviewing climate finance frameworks at CHOGM 2024 in Apia, Samoa. He urged a new collective quantified goal exceeding USD 100 billion per year, with sub-goals for loss and damage, mitigation, and adaptation. He stressed modifying international financial architecture for SIDS and called for ambitious NDCs aligned with a 1.5-degree pathway. He praised the Commonwealth Climate Finance Access Hub for supporting Maldives.