“Accessibility and effectiveness of climate funds should be increased” – Fitsum Assefa (Dr.)

At a forum organized alongside the United Nations Climate Change Conference (COP31), a call was made to expand the reach of multilateral climate funds and increase their effectiveness.
The Minister of Finance and Chief Negotiator of COP32, Fitsum Assefa (Dr.) made the call at a panel discussion titled “Multilateral Climate Funds: Working Together for Better Access and Greater Impact” on the sidelines of the conference.
In her speech, Dr. Fitsum pointed out that multilateral climate funds have a significant role in order for developing countries to fully achieve the climate priorities they have set.
In order to help with this, he emphasized that it is important to strengthen international cooperation, expand the access to financing, and increase the efficiency of the funds so that they can act as real influencers.