Canada Global(Web News) The United Arab Emirates has announced the establishment of a 30 billion dollar climate fund to deal with the global problems of climate change.
Addressing the opening session of the World Climate Conference COP 28, the President of the United Arab Emirates, Sheikh Mohammed bin Zayed, announced the establishment of a $30 billion climate fund, saying that the climate fund is for solving the problems of global climate change. Mohammed bin Zayed Al Nahyan said that the Climate Fund, established to fill the climate finance gap, aims to encourage investments of 250 billion dollars by 2030. United Nations Secretary-General Antonio Guterres addressed the COP 28 conference. “We are miles away from the goals of the Paris climate agreement,” he said. Fossil fuel companies don’t double down on outdated business models, governments end fossil fuel subsidies and adopt windfall taxes on profits.
António Guterres said that to deal with the effects of climate change, action must be taken on an urgent basis and developed countries must revise the climate policy, we must protect the earth by stopping the emission of greenhouse gases and the world is safe. Must be made. Pollution-free renewable energy must be provided, carbon and waste control legislation must be enacted.
British King Charles addressed the conference and said that climate change is a dangerous problem for future generations, the world considered a major problem in the Paris Agreement, Pakistan, Bangladesh and other developing countries faced the worst floods. Pakistan had to suffer the dangerous consequences of climate change, Pakistan had to suffer heavy losses due to floods. He said that in the future, zero carbon policy will have to be adopted and the world will have to move towards green technology. Governments as well as private companies and other institutions have to provide support.
