Maldives seeking renewed trust, reliable finance as climate change threatens ‘death sentence’

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

SHARM EL-SHEIKH, Egypt: The Maldives’ environment minister said she hopes to leave the United Nations climate summit in Egypt with a sense of renewed trust between the developed and developing world, as well as an outcome on loss and damage. Shauna Aminath told CNA at COP27 on Thursday (Nov 10) that glob

Over the last decade, the rate has been about 4mm per year and for low-lying states like the Maldives, the situation is already alarming. Coastal flooding and storm surges will become even more common as temperatures increase.

“When a country like the Maldives, when countries in the Caribbean, when countries in the Pacific Island nations, are constantly being hit by severe storms, by extreme weather events every year, that affects our development. That constrains our fiscal space,” she said. “Loss and damage for me, for the Maldives, means our ability to continue to live a healthy life,” she said.

“It's a complex issue and we need a mosaic of solutions to be able to address this and one of them is the establishment of a fund, which is capitalised.”

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fire kills 10 foreign workers in Maldives capitalMALE - At least 10 people were killed and several others injured Thursday when a fire swept through cramped lodgings of foreign workers in the Maldives capital Male, the fire service said. The capital of the archipelago best known as an upmarket holiday destination is one...
Source: thenewpaper - 🏆 7. / 63 Read more »

Fire kills 10 foreign workers in Maldives capitalMALE - At least 10 people were killed and several others injured Thursday when a fire swept through cramped lodgings of foreign workers in the Maldives capital Male, the fire service said. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »

COP27: Indonesia receives plaudits for deforestation action, but globally, trees keep fallingSHARM EL-SHEIKH, Egypt: Indonesia has received affirmation of its attempts to rein in previously rampant deforestation, as ministers convened at the United Nations climate summit in Egypt. At a panel discussion on Indonesia’s efforts to make its forest and land use segment a net carbon sink by 2030, offi
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

COP27: Singapore can unlock finances to accelerate net-zero push, says MAS chiefSHARM EL-SHEIK, Egypt: The managing director of the Monetary Authority of Singapore (MAS) said climate change is “a race of our lives”, as he addressed delegates at the UN climate summit in Egypt on Wednesday (Nov 9). Mr Ravi Menon delivered a keynote speech
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

COP27: Singapore can unlock finances to accelerate net-zero push, says MAS chiefSHARM EL-SHEIK, Egypt: The managing director of the Monetary Authority of Singapore (MAS) said climate change is “a race of our lives”, as he addressed delegates at the UN climate summit in Egypt on Wednesday (Nov 9). Mr Ravi Menon delivered a keynote speech
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »