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Prime Minister participates in the COP-28 Presidency’s Session on Transforming Climate Finance

in National December 2, 2023 Comments Off on Prime Minister participates in the COP-28 Presidency’s Session on Transforming Climate Finance 292 Views

Dubai:2/12/23: Prime Minister Shri Narendra Modi participated in the COP-28 Presidency’s Session on “Transforming Climate Finance” on 1 December 2023 in Dubai, UAE. The event focussed on making climate finance more available, accessible, and affordable to developing countries.

During the session, the leaders adopted the “UAE Declaration on a New Global Climate Finance Framework”. The declaration includes elements on, inter alia, delivering on commitments achieving ambitious outcomes, and widening the sources of concessional finance for climate action.

During his address, Prime Minister voiced the concerns of the Global South and reiterated the urgency of making the means of implementation, particularly climate finance, available to the developing countries to achieve their climate ambitions and implement their NDCs.

Prime Minister welcomed the operationalisation of Loss and Damage Fund and the establishment of the UAE Climate Investment Fund at COP-28.

Prime Minister called for the COP-28 to deliver on the following issues related to Climate Finance:

  • Progress in New Collective Quantified Goal on Climate Finance
  • Replenishment of Green Climate Fund & Adaptation Fund
  • Affordable Finance to be made available by MDBs for Climate Action
  • Developed countries must eliminate their carbon footprint before 2050

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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