
“Those most affected by climate change are those most marginalised,” said Hassan during the launch at Traders Hotel. “Rules of engagement” set by donor nations were “diverse and complicated”, and directing funding to where it was needed most would require strengthening transparency and governance practices. Already, she said, “where carbon markets have been introduced, the rules tend to be set by the market leaders.”
Speaking at the launch, Finance Minister Ahmed Inaz emphasised the importance of ensuring aid investment and expenditure was transparent. “Many islands require immediate and expensive engineering,” he said. “Adaption is costly, and sea walls do not come cheap. Male’s sea wall cost US$17 million, and without the support of Japan we would not have been able to build it.”…
No comments:
Post a Comment