World must now focus on adapting to climate change rather than stopping it, UN climate envoy says
, as well as rising energy and food prices around the world. Wednesday’s intervention came on the second day of the Sydney Energy Forum, an event co-hosted by the Australian government and the International Energy Agency.
Mohieldin, a professor of economics, former Egyptian investment minister and World Bank Group senior vice-president for the 2030 Development Agenda, said the November climate conference in his home country needed to get from “summits to solutions” because previous events had “exhausted the English dictionaries of words of love and affection to the planet”.
He said the looming global adaptation task was expensive, and it would be very difficult for small states and developing countries to finance that transition, particularly given the world was in a cycle of debt that often triggered a global economic downturn.
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