Climate Financing for Developing Nations Must be a Priority at Upcoming COP 29, Says Sherry Rehman.

Islamabad: Chairperson of the Senate Committee on Climate Change, Senator Sherry Rehman, emphasized the essential role of development organizations in building climate resilience by providing adequate funding. She highlighted these points during a pre-COP29 panel discussion held at the Institute of Regional Studies in Islamabad. According to Radio Pakistan, Senator Rehman stressed the importance of local climate action, which should be supported by strong international financing. She advocated for proactive measures in flood-prone areas to mitigate escalating climate impacts and urged major emitters to fulfill their Internationally Determined Contributions. Furthermore, Sherry Rehman emphasized that climate financing for the Global South should focus on practical, on-ground adaptation initiatives rather than merely on reporting. Her remarks underline the urgent need for prioritizing climate financing in developing nations as the world prepares for the COP 29 conference.