Prime Minister Abiy Ahmed stressed the need for closing the climate finance gap for the Global South and make tangible progress on the Loss and Damage fund arrangements per COP27 outcomes.
The prime minister tweeted early this morning that Ethiopia is at the frontline of the climate crisis.
Extreme weather and droughts cause severe food and water insecurity which directly threatens our citizens and our national development, Abiy noted.
“To address these challenges, we need to close the climate finance gap for the Global South and make tangible progress on the Loss and Damage fund and funding arrangements per COP-27 outcomes. ” he stressed.
He added Ethiopia has full faith in the United Arab Emirates (UAE) as the ideal convener of COP-28 to build consensus between parties and mobilize every country, region and segment of society to deliver real-world climate solutions and meaningful outcomes.
Dr. Sultan Al Jaber, Chairman of Masdar, Abu Dhabi Future Energy Company with his experience at the intersection of climate diplomacy, government and business, understands the need for the reform of the international finance infrastructure and the opportunity for sustainable low-carbon economic development that supports people and the planet, according to Abiy.
“We are grateful for his work as the Chairman of Masdar to champion the case for renewables in Ethiopia towards expanding our country’s clean energy capacity.”
Source: Ethiopian News Agency