IPS accentuates Pakistan’s case at UNFCCC’s COP-27 in Egypt
Pakistan witnessed a major setback in climate severity where the climate change has claimed thousands of lives as well as monetary losses accounting to around USD 16 billion–whereas Pakistan’s mere contribution to the total carbon emissions of the planet remains less than 1% to date.
This was the agenda with which Hamza Naeem, a research officer at IPS’ Energy, Water and Climate Change desk participated at the United Nations’ Framework of Climate Change Convention (UNFCCC)’s Conference of Parties (COP-27), which was being held in Sharm El Sheikh, Egypt from November 6th to 18th, 2022.
The 27th session of the Conference of Parties – which refers to the twenty-seventh annual meeting of the signatories of UNFCCC – was being held with a focus on climate finance and climate related losses and damages; and the advocacy for the compensations and joint mechanisms for carbon credits remained the top agenda of IPS on the occasion where Naeem was representing IPS in particular, and Pakistan in general.
Attending the proceedings of the meeting on November 8th arranged by International Network of Energy Transition Think Tanks (INETTT), Naeem delivered a presentation ‘Climate Financing and Loss and Damage Mechanisms’, in which he highlighted the adversities Pakistan had to go through in the year 2022 due to severe climate change impacts and the subsequent floods and rains. The meeting was otherwise partaken by the representatives from fifteen different countries including Germany, France, Poland, South Africa, Brazil, Turkey, India, Indonesia, Balkan Republics, South Korea, Vietnam, Mexico, etc. The participants acknowledged the necessity of a joint mechanism for the climate financing and maintained that it would be the most prioritized agenda to advocate to their respective governments.
Naeem also participated in the G7 meeting, chaired by John Kerry, a senior US negotiator who proposed the implementation of global efforts for implementation of carbon credits-based financing.
Naeem also took part in the activities pursued by Pakistan’s Ministry of Climate Change for the advocacy of climate financing, and negotiations being made with the developed nations at the eve of COP-27.
The researcher, in addition, also conducted meetings with the delegates from Germany, Brazil, South Korea and Japan at the sidelines of COP-27 to discuss and highlight the impact of climate change in Pakistan as well as in general.
Pakistan’s Federal Minister for Climate Change Senator Sherry Rehman endorsed IPS endeavors pertaining to the issue of climate change while appreciating the Institute for participating in COP-27 as a sole think tank from Pakistan.