COP26: Bolivia proposes funding programs to fight climate change
RIO DE JANEIRO, BRAZIL – “We propose to create mitigation and resilience programs for developing countries with funds from developed countries, which have historically created this problem (…) the support should consist of economic funds and technology transfer,” the president said.
The head of state insisted that for as long as the market is prioritized, humanity will not have the means to efficiently fight climate change, “even if our proposal is rejected, we will continue to insist because this is the right path for all,” he added.
“The position of developed countries is very comfortable (…) We will not be able to withstand climate change, because it affects tourism, transportation, and the agricultural sector,” the Bolivian president pointed out.
According to the media, 85% of the world’s forests are concentrated in the signatory countries’ territories. Among these nations are Russia, Canada, Colombia, Indonesia and the Democratic Republic of Congo.
The agreement signed on Tuesday also includes a commitment to protect indigenous communities, considered nature’s guardians.
According to press reports, new funds are expected to be approved to preserve these communities and the Congo River basin, where the second largest tropical rainforest on the planet is located.
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