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Global Shield Fund

Global Shield Fund

November 16, 2022 02:42 UTC

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Global Shield Fund


Share:It appears that some promising developments came out of the 27th Conference of Parties (COP 27), held this year in Egypt. One of the major achievements is that of the development of the Global Shield Fund, which aims to align behind vulnerable coun­tries’ “strategies for closing protection gaps using a broad range of appropriate instruments”. Pakistan is one of the seven countries—called the “pathfinder countries”, which are the recipients of this funding. It is almost unanimous­ly agreed by all scholars, scientists and leaders that climate change played a huge part in increasing the frequency and strength of floods. Pakistan contributes minimally to global GHG emissions—our 2020 emissions of carbon dioxide accounted for less than 0.7 per­cent of global emissions.


Source: The Nation November 16, 2022 02:42 UTC



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