UN: Humanity in climate change emergency

The 73rd President of the UN General Assembly Maria Fernanda Espinosa has said that humanity is currently in an emergency situation due to climate change.

Espinosa made the remarks during the panel discussion "Our Financial Response to Climate Change" at the 29th high-level meeting "The Road to COP29 - A Sustainable and Lasting Future", Caliber.Az reports, citing local media.

She noted that the main issue is that the measures taken are not enough to get out of this emergency situation.

"Climate-related problems are not only environmental problems. When we discuss problems, climate goals and targets, including climate finance, we always end with the topic of development actors. We negotiate trade, social cohesion, power distribution and the position of countries, sectors in a geopolitical context. This is why climate negotiations are so politically onerous and complex. We realise that the pace of the negotiations is slower than the speed of the process. So it's not just about finance. I would say it's about the common practice of means of execution," Espinosa said.