At the recent G77 and China Leaders’ Summit in Dubai, Seychelles President Wavel Ramkalawan made a heartfelt appeal for fair access to climate financing.
He highlighted the need for small island developing states (SIDS), like Seychelles, to have equal access to the funds needed to fight climate change.
His message called for a major change in how international financial organizations, often influenced by Western powers, approach this issue.
During his speech, Ramkalawan pointed out that although African nations contribute the least to global greenhouse gas emissions, they suffer some of the worst impacts.
“Africa, despite being one of the least contributors to climate change, bears a disproportionate burden of its effects.” This statement emphasizes the unfairness faced by countries that are deeply affected by climate change despite having a minimal role in causing it.
Ramkalawan also urged for changes in concessionary funding, which is essential for SIDS who often face big hurdles in accessing funds for climate action.
He called on multilateral institutions to rethink their funding processes to better support vulnerable nations.
Currently, many SIDS struggle to get funding for climate adaptation and mitigation because of complicated application requirements that don’t consider their unique needs.
The president acknowledged that while the Paris Agreement has pushed for global climate action, much more needs to be done.
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He stressed the importance of moving towards a low-carbon economy and creating plans to keep global warming below 1.5 degrees Celsius.
This target is crucial not only for Seychelles but for all countries facing serious climate threats.
Seychelles is committed to protecting its marine ecosystems and building resilience through its Nationally Determined Contributions (NDCs).
However, achieving these goals depends heavily on financial support from international partners.
Ramkalawan emphasized that without sufficient funding, the sustainability of island nations like Seychelles is at risk.
At COP28, Ramkalawan engaged with Seychellois participants and demonstrated the country’s dedication to sustainable development.
His attendance shows Seychelles’ proactive approach in pushing for the needs of SIDS on the global stage.
His interactions with leaders from other nations highlight the importance of working together to tackle shared climate challenges.
Ramkalawan’s call for fair climate financing goes beyond money; it’s about acknowledging and respecting the unique challenges that SIDS face.
As he stated, “We must keep the 1.5 degrees alive at this COP.” This serves as a rallying call for all nations to join forces in combating climate change and securing a sustainable future.
