Addis Ababa:Ethiopia has urged for enhanced international cooperation to improve access to climate finance for developing countries and to boost the effectiveness of multilateral climate funds. This appeal was made by Ethiopia’s Minister of Finance and COP32 Chief Negotiator, Fitsum Assefa, during a side event titled “Multilateral Climate Funds Working Together for Enhanced Access and Greater Impact,” held alongside COP31.
According to Ethiopian News Agency, Fitsum Assefa stressed the significance of strengthening collaboration among international partners to make multilateral climate financing mechanisms more accessible and effective.
She underscored the importance of aligning climate funds with the priorities of developing countries to support their efforts in tackling climate change impacts. This discussion arises as Ethiopia gears up to host COP32 in Addis Ababa in November 2027, aiming to foster stronger international partnerships and advance climate action.
