Debt swaps crucial for funding climate action in developing countries: Mohieldin at COP28 - Energy - Business ahram.org.eg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ahram.org.eg Daily Mail and Mail on Sunday newspapers.
The issues of displacement and forced migration, as impacts of climate change, are real concerns for vulnerable developing countries, including Tonga and small Pacific islands, Tonga’s Speaker of Parliament Lord Fakafanua, told a High Level Segment for Speakers, on 6 December, on the side of the COP28 Climate Summit in Dubai, UAE.
Egyptian Parliamentarian Sahar Albazar has launched the "Ubuntu Initiative", a global initiative by parliament members from Egypt, Ghana, Senegal and Indonesia that seeks to create a new financial architecture that eases the debt burdens facing lower middle-income countries and put them on the path to a greener economy.