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Qatar calls on developed countries to fulfil commitment in reforming climate-related financing systems

Qatar calls on developed countries to fulfil commitment in reforming climate-related financing systems

The Peninsula
Tuesday, November 19, 2024 09:09:57 PM UTC

Baku: The State of Qatar called today on developed countries to fulfill their commitments regarding climate change, including reforming international...

Baku: The State of Qatar called today on developed countries to fulfill their commitments regarding climate change, including reforming international financing systems and building on the achievements of previous COP summits. The country reaffirmed its efforts to protect the environment and combat climate change, highlighting sustainability as one of the pillars of its Qatar National Vision 2030.

In Qatar's address to the 29th Conference of the Parties (COP29) to the UN Framework Convention on Climate Change (UNFCCC), held in Baku, Azerbaijan, from November 11 to 22, the Minister of Environment and Climate Change HE Dr. Abdullah bin Abdulaziz bin Turki Al Subaie emphasized that climate change remains one of the most significant challenges facing the world, particularly developing nations. He noted Qatar's submission of its updated Nationally Determined Contributions (NDCs) in 2021, which detailed its achievements and future plans to address climate change.

His Excellency highlighted the launch of the 2024-2030 Strategy by the Ministry of Environment and Climate Change, aimed at achieving a sustainable and balanced environment in line with development goals, fostering institutional and community collaboration, and reducing greenhouse gas emissions by 25% by 2030. The strategy also focuses on raising environmental awareness. 

HE noted that the State of Qatar has launched its National Climate Change Action Plan, comprising hundreds of measures aimed at mitigating emissions and adapting to the impacts of climate change. This plan is underpinned by strict governance standards to monitor progress and address future challenges through 2030 and beyond. Additionally, His Excellency stressed that the State of Qatar is bolstering investments in renewable energy projects.

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