{"id":9614,"date":"2022-11-08T17:57:41","date_gmt":"2022-11-08T17:57:41","guid":{"rendered":"https:\/\/www.africa-press.net\/cape-verde\/all-news\/egypt-pr-calls-for-sids-countries-debts-to-be-turned-into-climate-investments"},"modified":"2022-11-08T17:57:41","modified_gmt":"2022-11-08T17:57:41","slug":"egypt-pr-calls-for-sids-countries-debts-to-be-turned-into-climate-investments","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/cape-verde\/all-news\/egypt-pr-calls-for-sids-countries-debts-to-be-turned-into-climate-investments","title":{"rendered":"Egypt: PR calls for SIDS countries’ debts to be turned into climate investments"},"content":{"rendered":"

Africa-Press – Cape verde. <\/strong><\/span>The President of the Republic appealed this Tuesday, 8, in Egypt, that the international community consider transforming the foreign debt of Small Island Developing States (SIDS) into climate investment in Education, Health and in the fight against inequalities. Jos\u00e9 Maria Neves was speaking recently at the Summit of World Leaders on Climate Change, taking place in the city of Sharm el-Sheik, between 7 and 8 November.<\/p>\n

The fight against and mitigation of climate change, considered the Head of State, depends heavily on solidarity between countries and the combination of efforts in the search for practical and effective, global solutions.<\/p>\n

In his speech at the World Leaders Summit, Jos\u00e9 Maria Neves recalled that Cape Verde is one of the most vulnerable countries in Africa and the world, but that, on the other hand, it contributes little or nothing to global warming.<\/p>\n

However, he analyzed, due to its vulnerabilities, it has suffered a lot from the consequences of this phenomenon, which has put at risk years of progress towards the country’s sustainable development.<\/p>\n

\u201cUnfortunately, the droughts that plague the archipelago are increasingly frequent and long, and there is also a worsening of saline intrusion and deterioration of groundwater, soil degradation and loss of biodiversity, among others\u201d, he pointed out.<\/p>\n

Also, he added, Covid-19 and the energy crisis, associated with climate change, \u201cgreatly\u201d worsened the country\u2019s structural constraints and vulnerabilities, including public debt and the degradation of social indicators.<\/p>\n

Access to global funding<\/p>\n

In this sense, it launched an appeal to the International Community, with a view to transforming the debt of Small Island Developing States into climate investments in Education, Health and in the fight against poverty and inequalities.<\/p>\n

\u201cFor SIDS countries like Cape Verde, it is vital that they have access to global funding. For the implementation of the Nationally Determined Contribution (NDC), for example, Cape Verde needs to mobilize around 2 billion euros over the next ten years\u201d, he exemplified.<\/p>\n

access funds <\/p>\n

For effective climate governance, informed the Head of State, the country is counting on the support of the main development partners and hopes to be able to more easily access the funds established for this purpose.<\/p>\n

For Jos\u00e9 Maria Neves, Cape Verde has spared no efforts to minimize the impacts of climate change through planned and concerted actions.<\/p>\n

Among other actions, we highlight the measure that aims to reduce GHG emissions by up to 35% by 2030, implying greater penetration of renewable energies and low carbon circulation through the introduction of incentives for electric vehicles, mainly in the transport sector. public.<\/p>\n

For More News And Analysis About Cape verde<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Cape verde. The President of the Republic appealed this Tuesday, 8, in Egypt, that the international community consider transforming the foreign debt of Small Island Developing States (SIDS) into climate investment in Education, Health and in the fight against inequalities. Jos\u00e9 Maria Neves was speaking recently at the Summit of World Leaders on […]<\/p>\n","protected":false},"author":84,"featured_media":9613,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12],"tags":[233,331,328],"class_list":["post-9614","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-africa-press","tag-africa-press-cape-verde","tag-cape-verde"],"yoast_head":"\nEgypt: PR calls for SIDS countries' debts to be turned into climate investments - Cape Verde<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/cape-verde\/all-news\/egypt-pr-calls-for-sids-countries-debts-to-be-turned-into-climate-investments\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt: PR calls for SIDS countries' debts to be turned into climate investments - Cape Verde\" \/>\n<meta property=\"og:description\" content=\"Africa-Press – Cape verde. The President of the Republic appealed this Tuesday, 8, in Egypt, that the international community consider transforming the foreign debt of Small Island Developing States (SIDS) into climate investment in Education, Health and in the fight against inequalities. 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