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PM Browne says responding to climate change is costly

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Antigua and Barbuda’s Prime Minister Gaston Browne says his country is aware

that responding to the effects of climate change comes with a price, and that

developing countries lack the financial resources to adapt and mitigate against

climate change.

“Our challenges become even more daunting, with an unresponsive international

financial architecture, that fails to prioritize concessional funding to assist SIDS

(Small Island Developing States) to rebuild in the aftermath of these climate-

related incidents or shocks,” Browne told the three-day 114th Session of the

International Organisation for Migration (IOM) Council.

It is being held under the “Climate Impact on Human Mobility: A Global Call for

Solutions” and Browne in a video presentation, said consequently, SIDS have had

to borrow repeatedly to repair damaged infrastructure and restore economic losses.

“We do this repeatedly to keep our countries viable, and to avert the possibility of

our people becoming climate migrants or refugees. SIDS suffer the greatest

financial burden to climate change on a per capita basis, despite the fact that they

contribute the least CO2 emissions globally, a mere 0.5 percent,” he told the

Council.

“They are the greatest victims, not only because of unattended loss and damage to

lives and livelihoods but also because the very existence of these countries is

fatally endangered,” Browne said, questioning “why should citizens and residents

of large polluting countries live in luxury while our peoples live in climate misery?

The Prime Minister said he has a particular objective at the upcoming United

Nations Climate Change Conference (COP28) to be held in Dubai from November

30 to December 12, to focus on the Loss and Damage Fund.

Browne said he had championed the fund during Antigua and Barbuda’s

chairmanship of the Alliance of Small Islands States (AOSIS) last year, recalling

that at COP27, the world’s greatest polluters agreed that such a fund was important

 

and decided to establish a transitional committee to make recommendations for

consideration at COP28.

“As we approach COP28, we must insist that the loss and damage fund be made

operational without any further delays. The fund must provide adequate financing

to help SIDS withstand the seas as they rise, the winds as they increase in strength;

and resources to rebuild when all our efforts to build resilience against climatic

events fail.” (CMC).

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