Kapande urged “rich countries” to take the lead in financing their environmental commitments

Minister of Environment of the Nation, Juan Cabande, urging”rich countries“Leadership in Finance”The commitments they have made since 2010 in environmental matters”, during the G20 Climate and Energy meeting that culminated on Saturday in Naples, Italy.

“For more than 10 years, developing countries have needed you to stop looking at us with suspicion and contribute $100 billion annually to advance the transition towards sustainable development.Cabandié said in the ministerial committees.

Amid devastating wildfires in the United States and Canada and floods in parts of Western Europe and China, The G20 environment and energy ministers convened this summit in preparation for the November Climate Change Conference.

“We must make way for a new phase in which the environment is considered in the economic equationSaid Kapande recalled the position of the late former President Nestor Kirchner at COP 10 in Buenos Aires where he said:We are environmental creditors to those countries that then demand permanent debt repayment.“.

in this meaning, They reaffirmed the Argentine proposal.”Debt swaps for climate and environmental action, to enable a sustainable economic recovery in line with the goals of the Paris Agreement and the United Nations 2030 Agenda“.

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