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South Africa welcomes the results of COP27-

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  The South African government welcomed on Saturday the draft outcome text of the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change COP27 COP27 was held in Egypt from November 6 to 18 The South African government said it captures many issues that were discussed including the urgency of climate change The draft correctly frames the climate crisis and its solutions in terms of sustainable development goals and just transitions leaving no one behind and the need for broader financial sector reform to achieve them said Peter Mbelengwa Department spokesman Environment Forestry and Fisheries Mbelengwa said South Africa expects the multilateral development banks and international financial institutions to take decisive action to scale up climate finance in 2023 and make their institutional arrangements fit for purpose South Africa believes that more urgent action is required to meet the obligations of developed countries Mbelengwa said Mbelengwa said the country welcomed urgent new financial arrangements and a mechanism to address the damage caused by climate change for developing countries Xinhua
South Africa welcomes the results of COP27-

South Africa

– The South African government welcomed on Saturday the draft outcome text of the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27).

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COP27 was held in Egypt from November 6 to 18. The South African government said it captures many issues that were discussed, including the urgency of climate change.

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“The draft correctly frames the climate crisis and its solutions in terms of sustainable development goals and just transitions, leaving no one behind, and the need for broader financial sector reform to achieve them,” said Peter Mbelengwa, Department spokesman. Environment, Forestry and Fisheries.

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Mbelengwa said South Africa expects the multilateral development banks and international financial institutions to take decisive action to scale up climate finance in 2023 and make their institutional arrangements fit for purpose.

South Africa believes that more urgent action is required to meet the obligations of developed countries, Mbelengwa said.

Mbelengwa said the country welcomed urgent new financial arrangements and a mechanism to address the damage caused by climate change for developing countries. ■

(Xinhua)

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