According to Minister of State for Overseas Development Assistance Colm Brophy, Covid has had “an impact on several levels, bordering on devastating” on developing countries.
It also made the task of helping climate-vulnerable countries much more difficult, especially as so much aid was being swallowed up due to the pandemic, he said after a meeting of two days of 29 development ministers from OECD countries – including the US, UK, Canada, Japan and various EU states.
The meeting, which he co-hosted from Dublin, assessed how best to respond to increasing global poverty due to Covid, and discussed how to strengthen climate change commitments, including green financing, ahead of the United Nations COP26 climate summit organized by the United Kingdom. in Glasgow next November.
The rally was held behind closed doors, so no official statement was released, but it was an important meeting of OECD countries ahead of COP26, OECD added – with ministers from around the world joining virtually.
Developing countries were experiencing “a form of long Covid” in which international efforts to tackle hunger, sustainability goals, education needs and equality issues were delayed by several years, said Mr. Brophy.
Ministers hoped to build on the climate outcome achieved by G7 economies over the weekend, where it was agreed to secure $ 100 billion a year in climate finance for developing countries, Brophy said. . As development ministers, they wanted to go beyond quantitative support to ensure flexibility and ease of access to finance, he said.
Building on Ireland’s work with Small Island Developing States, he underscored the need to support climate adaptation to make countries more resilient to the inevitable impacts of a warming world and to reduce the risk of climate change. poverty in a tangible way. To address the lack of electricity, it was necessary to ensure that it was not “a solution based on fossil fuels”, stressed Mr. Brophy.
There has been enough progress to chart a way forward, he said, through which an implementation mechanism could be agreed at COP26.