Building Trust on climate finance
Republished article by Jamil Ahad Director of intergovernmental affairs, the United Nations Environment Programme New York. Originally published in Dawn, January 25th, 2024 There is no doubt that climate change is one of humanity’s most complex challenges and needs to be urgently tackled. But is the world faltering in forging a cohesive response? The year 2023 was the hottest recorded, with the annual average global temperature climbing 1.45 degrees Celsius above pre-industrial levels. Intergovernmental Panel on Climate Change reports indicate that world temperatures could tip over the 1.5°C threshold by 2030. Prospects of failing to realise the targets of the Paris Agreement are getting starker. Such a scenario could have irreversible catastrophic consequences. Climate change is already exacerbating existing crises and triggering new ones. The nexus between climate change and socioeconomic issues is increasing poverty, inequality, and hunger in the Global South. The inextricable link...