ISLAMABAD (ARY News) – Minister for Climate Change Sherry Rehman says the establishment of a loss and damage fund is an investment in climate justice.
Addressing the G77 meeting at COP27 in Sharm El-Sheikh, Egypt, she termed the establishment of the fund a positive milestone in the fight against climate change.
The Minister expressed hope that developing countries will be provided technical assistance to avert and minimize the impact of climate change.
She expressed concern over the lack of progress on the deficit and financing the formulation and implementation of national adaptation plans.
She said these are crucial tools for countries struggling to build resilience against climate stress.