FM Bilawal championed the cause of loss & damage for developing countries vulnerable to climate change: FO Spokesperson

ISLAMABAD, Nov 20, (SABAH): After consistent lobbying by Pakistan on behalf of developing countries led by the Foreign Minister Bilawal Bhutto Zardari of Pakistan as Chair of G-77 & China, and painstaking negotiations at Sharm El Sheikh, COP27 has approved financial arrangement and fund for loss and damage.

According to a statement issued by Foreign Office Spokesperson Mumtaz Zahra Baloch on twitter on Sunday, Foreign Minister Bilawal Bhutto Zardari championed the cause of loss and damage for developing countries vulnerable to climate change, which was endorsed by G77 + China Meeting of FMs in NY chaired by Foreign Minister Bilawal Bhutto Zardari.

“This is a major win for Pakistan and all of the developing world.” FM Bilawal Bhutto Zardari on Agreement to establish Loss and Damage Fund at COP27.

Meanwhile separately in a statement issued on twitter on Sunday, Foreign Minister Bilawal Bhutto Zardari said that in monumental achievement for climate justice & G77 led by Pakistan at COP27 has successfully concluded with loss and damage as part of the agenda, including a fund and financial arrangements to address this issue.

Bilawal Bhutto Zardari said that he congratulates Egyptian Foreign Minister Sameh Hassan Shoukry, President COP27P hosting a historic COP. Bilawal Bhutto said that having experienced first hand the scale and devastation of Pakistan floods we traveled to the United Nations General Assembly to advocate for climate justice. “When I chaired Group of 77 at the UN Pakistan’s proposal was unanimously adopted to demand loss and damage be part of COP77 agenda” he said.

FM Bilawal said that in Egypt we were happy to report that Pakistan’s proposal as chair G77 to include language on loss and damage on the agenda had achieved consensus. Upon conclusion of negotiations we’ve sustained that consensus and also included necessary language on fund and financial arrangement, he said.

 Bilawal Bhutto Zardari said that he spoke to Special Presidential Climate Envoy John Kerry both in Egypt and over the phone once negotiations went into overtime, appreciated leadership on climate, requested support for G77+ demand on inclusion of financial arrangement to tackle loss and damage. “Grateful we were able to reach a compromise” he said.

FM Bilawal said sincerest gratitude to all members of G-77 and China for their continued support and trust in Pakistan’s leadership. A special shout out to Team Pakistan at #COP27. Team MOFA and Climate led by Senator Sherry Rehman under able Prime Ministership of Mian Muhammad Shehbaz Sharif has delivered major win on world stage.