Japan to Consider Offering Aid to Developing Countries for Damage from Climate Change

Published on: 16 November 2022
by KnowESG
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Environment Minister Akihiro Nishimura said Tuesday that Japan would consider contributing funds to a World Bank framework to assist developing nations suffering losses and damage from natural disasters caused by climate change.

Nishimura was speaking during the ongoing COP27 climate conference in Sharm el-Sheikh, Egypt.

The minister stated that Japan had been threatened by typhoons and other natural catastrophes and recognised the need to improve support for paying for climate change-related losses and damage.

He also talked about a second aid package and said that Japan plans to help set up an early warning system for weather disasters in the Asia-Pacific region.

Nishimura said that reducing greenhouse gases is important if the goal of keeping the rise in global temperature to 1.5 degrees Celsius from preindustrial levels is to be met.

The COP27 summit will go on until Friday, and its main goal is to help countries that have been hurt by climate change.

A plan to step up greenhouse gas emission reductions by 2030 is also being negotiated.

Source: The Japan Times

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