Sheikh Mohamed Bin Zayed, UN Chief Antonio Guterres and Giorgia Meloni pose during COP28 Summit at Expo City Dubai on Friday. Reuters
"We are contributing to the loss and damage fund with 100 million euros to help achieve the goals of this COP28," she told an event at the COP28 climate conference in Dubai.
The Italian leader said world food security was among her foreign policy priorities and Rome wanted to help Africa develop an efficient food production system.
"Ensuring disease-resistant crops resilient to climate change, but also devising ever more modern and innovative agricultural techniques ... That is what we are engaged in," she said.
From L to R: Bahrain's King Hamad Bin Isa Al Khalifa, Giorgia Meloni, Indian PM Narendra Modi and COP28 President Sultan Ahmed Al Jaber during the COP28 summit in Dubai. AFP
Italy's Climate Fund is part of a commitment by rich countries to funnel at least $100 billion a year in developing economies through green transition projects under the form of state guarantees, loans and equity investments.
In late 2021, under Meloni's predecessor Mario Draghi, Italy set aside 840 million euros per year between 2022 and 2026 for the programme plus an additional annual endowment of 40 million euros starting from 2027.
State lender Cassa Depositi e Prestiti (CDP) is working to finalise a strategic plan based on guidelines approved by a steering committee chaired by Energy Minister Gilberto Pichetto Fratin.
A government official told Reuters they hoped to discuss the CDP final plan before Christmas, while any financing operation would require the go-ahead of a separate operational committee.
Italy has had a poor climate finance record so far. In 2015, it promised to allocate a total of $4 billion through 2020, corresponding to an average annual amount of around $700 million. But in the end the resources actually mobilised between 2015 and 2018 period were lower, averaging around $500 million per year, according to a Treasury document.Reuters
Al Jaber highlighted the plight of the most vulnerable states and cooling as a matter of climate justice, saying: "Food and medicine all depend on cooling. It is a topic of critical importance across climate mitigation and adaptation.”
Dr Sultan Bin Ahmed Al Jaber declares that the international community needs to unite on climate action and that "we have to come through. We must unite. We must act. And we must deliver in Dubai.”
By providing a detailed, definitive, and action-oriented roadmap to guide any city in the transition to this critical new approach, the book is a unique and important resource in the fight against climate change.
The fire broke out early morning, officials said at a press conference, with a preliminary investigation suggesting the blaze started on the building's first floor, where electric bikes had been placed.
The videos showed the students, who appeared to be protesting peacefully, retreating under a hail of blows from law enforcers wearing helmets and full riot gear. "Is this how you beat your own children," one young woman is heard shouting.
In a six minute video posted on YouTube, Navalnaya accused Putin of holding her husband's body "hostage," and questioned Putin's often-professed Christian faith.