“Leaders in the North and South are doing this to walk away from their real responsibility which is to prevent such disasters and how to address climate change,” he said. “The funds will never be sufficient for the damage being caused by climate change,” she said. “The establishment of loss & damage fund at the UN climate summit is the first pivotal step toward the goal of climate justice,” Prime Minister Shehbaz Sharif said in a Twitter post following its announcement. “It’s also significant because Pakistan itself is highly vulnerable to the loss and damage effects of climate change. “The risk of insufficient responses to the needs of developing countries has been a perennial challenge of the intergovernmental process.

Source: The Nation December 11, 2022 13:21 UTC