Todays Latest News Analysts term establishment of 'Loss & Damage Fund' at COP27 climate summit diplomatic win for Pakistan
Analysts term establishment of 'Loss & Damage Fund' at COP27 climate summit diplomatic win for Pakistan Foreign Office Spokesperson (Mumtaz Zahra): I would like to welcome the announcement that countries adopted a hard-fought final agreement at the COP27 climate summit that sets up a fund to help poor countries being battered by climate disasters. After tense negotiations that ran through the night, the Egyptian COP27 presidency released the final text for a deal and simultaneously called a plenary session to quickly gavel it through. I would say this development is a major victory for Pakistan at the diplomatic level. Foreign Minister Bilawal Bhutto Zardari and Minister of State for Climate Change Sherry Rehman, and other officials of the Ministry also deserve appreciation in this regard. Prime Minister Shehbaz Sharif has also welcomed the development as the “first pivotal step towards the goal of climate justice”. Javed Ali Khan (Environmentalist, Former Director G...