"Low-income countries, for instance, a vast number of people in sub-Saharan Africa and many others did not contribute that much to the accumulation of carbon dioxide. But they are victimized by the consequences of climate change," Jin Liqun, President and Chairman of the Board of the Asian Infrastructure Investment Bank (AIIB) said this during his speech at the Finance, Investment and Trade Day of the Co-Chairs of the Finance Ministers' Coalition (Netherlands and Indonesia) within the framework of COP29, APA reports.
He said that if this transition is not resolved very quickly, it will be difficult to achieve the goal: "Because just climate change mitigation, adaptation and transition are not simply the business of political leaders, political decision makers or elites. This is the very business and the war of the people. Without strong support and vast messages from the people across the board, it's impossible to achieve.
So, we are trying to provide finance to help these people to deal with the challenges in this period. What is most important is that our financing must cover social justice.We must provide financial support to the people who could be marginalized, who could be victimized by the consequences of the climate change.
And in today's world we see so many people suffering from the natural disaster - flooding, drought, hurricanes, tornadoes. Indeed, these are no longer natural disasters.These are the disasters created by the humans.So, I think it's very important for us to take care of that." He also added that their financing focuses very much on empowering women so that they could be participating in the whole process, getting jobs, doing things for the society, for the community.
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