DUBAI, Dec. 2 (Xinhua) -- Developing countries in Africa have urged developed nations to ensure equitable climate change financing for the implementation of adaptation and mitigation projects to address climate change.
"It is not enough, in our view, for developed countries to simply wring their hands and make empty promises," President of Equatorial Guinea Teodoro Obiang Nguema Mbasogo said Saturday during the ongoing COP28 climate talks.
They need to fulfill their commitments and obligations under the Paris Agreement, and ensure the rollout and implementation of tangible, concrete action to mitigate the adverse impact of climate change, the president added.
In the meantime, President of the Central African Republic Faustin-Archange Touadera urged developed countries to bear the cost of climate change.
"When it comes to determining who should pay for the climate bill, the answer is, bearing in mind the gap between developed countries, which are the primary polluters, and poor countries, it would be logical for the former to finance the mitigation process," said the president.
COP28, or the 28th session of the Conference of the Parties to the United Nations (UN) Framework Convention on Climate Change, is being held here in the United Arab Emirates.
On the day of its opening, the climate conference operationalized the Loss and Damage Fund to support the world's particularly vulnerable countries in their efforts to cope with the loss and damage caused by climate change.
The fund, established at COP27 in Egypt in 2022, has been a long-standing demand of developing nations to help cope with the cost of the devastation caused by ever-increasing extreme weather events such as droughts, floods, and rising sea levels.
Calls on the developed nations to honor their commitments to provide climate funding have been made on various occasions during the climate talks. ■
