Prime Minister Shehbaz Sharif has called for “redefining” the global climate finance structure in order to “effectively meet the needs of vulnerable nations” ahead of the 29th United states climate conference, commonly known as COP29, in Baku.
On the fringes of the “World Leaders’ Climate Action Summit” of the COP29, the premier spoke at the Climate Finance Roundtable Conference, which was attended by several world leaders.
PM Shehbaz gave the participants a briefing on the roundtable’s goal, which was to encourage fresh perspectives on an old issue that was becoming complex on all international climate forums without producing significant gains.
He emphasized the pressing necessity of accelerating the reform of the global financial system,