International climate finance pledges must translate into funding that reaches countries most in need

Effective climate finance depends on building economic resilience, mobilising resources and supporting sustainable development

Climate action goals cannot be achieved without taking account of developing countries’ debt service burdens and development needs

Involving young people in shaping climate finance reform proposals helps build a fairer international system for future generations

Finance Minister Ahmed Kouchouk called on international institutions to provide more development and concessional financing to help developing countries address climate change.

Speaking at the “Fairer and More Accessible Climate Finance” session during the climate conference in Türkiye, Kouchouk said international climate finance pledges must translate into funding that reaches countries most in need.

He said an effective climate finance system depends on building economic resilience, mobilising resources and supporting sustainable development. Climate action goals cannot be achieved without taking account of developing countries’ debt service burdens and development needs, he added.

Kouchouk said involving young people in shaping proposals to reform climate finance would help build a fairer international system for future generations.