Islamabad, June 02, 2022 (PPI-OT):Minister for Climate Change Senator Sherry Rehman has emphasized on the need for simplified long-term climate financing for developing countries to address biodiversity loss and damage caused by fossil fuel emissions. Addressing the first plenary of the Stockholm+50, she called for bold and ambitious actions to reduce the impacts of climate change to ensure protection, conservation and sustainable use of environment and natural resources.

She said developed countries have been historically responsible for majority of global emissions and should make an absolute and significant reduction in their emissions. In the transition to global net-zero, developed countries must take the lead and this transition should be based on the principles of equity and common but differentiated responsibilities and respective capacities.

The Minister welcomed the development by the Board of the 10-Year Framework of Programmes on Sustainable Consumption and Production Patterns of a global strategy for sustainable consumption and production beyond 2022. She urged all stakeholders of United Nation system for strengthening the implementation of the 10 Year Framework of Programmes on Sustainable Consumption and Production Patterns (10YFP) by 2030 through enabling partnerships and commitments for action. Minister for Climate Change also welcomed the holding of the first “One Planet Network Forum” to promote global and inclusive dialogue for the implementation of SDG12 and sustainable consumption and production.

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