Financial inflows are so tiny compared to current climate dangers, IPCC Chair

Chair of the Intergovernmental Panel on Climate Change (IPCC) Hoesung Lee reiterated Sunday that financial inflows are so tiny compared to current climate dangers.

Lee’s statements came during COP 27 procedural session at Sharm El Sheikh, where he pointed out that the voice of science cannot be more significant than now in showing the severity of climate change.

The IPCC chair equally underlined that the chance the current generation has to face climate change may not be available to future generations.

Earlier in the session, Minister of Foreign Affairs Sameh Shokry assumed the presidency of COP 27, which was passed on from Alok Sharma, who was the president of COP 26.

Lee’s speech was preceded by those of Shokry, and the Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) Simon Stiell who asserted the salience of accountability in climate action.

Source: Egypt Today Magazine