The Malta Business Weekly

PM says Malta will continue taking innovative initiative­s to counter climate change

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Climate change and its effects are on Prime Minister Robert Abela’s agenda as he continues his commitment­s at the United Nations General Assembly in New York, a Department of Informatio­n statement said Thursday.

During a discussion with the theme, Addressing the existentia­l threats posed by sea level rise, together with various other nations who are at risk of this, as well as nations such as Malta that support them, the Prime Minister spoke about the importance that Malta is giving to this matter.

This is being done not only through the initiative­s taken on a national level, but also through the participat­ion in internatio­nal forums, so much so that the subject of the implicatio­ns of rising sea levels was placed on the agenda of the United Nations Security Council by the Maltese Presidency.

The Presidency of the United Nations General Assembly also participat­ed in this event.

“As members of the Security Council we aim to keep this subject at the centre of the agenda,” assured the Prime

Minister while explaining how Malta will continue to be a voice for those nations who are impacted the most by the threat of rising sea levels. The Prime Minister stated that Malta will continue to ensure that these countries are heard and supported.

The Prime Minister spoke about the sovereignt­y of those countries that are threatened by this phenomenon and that the protection of this sovereignt­y needs to be ensured. The Prime Minister also noted how cultural and historical identities need to be protected.

Abela spoke about those most vulnerable in society, above all, women and children.

“This is why we need to protect the environmen­t and our people, prosperity and the way of living, against the challenges being faced by the increase in rising sea levels,” stated the Prime Minister during his speech.

Abela stated that while we speak about the impacts of this phenomenon, as a small nation Malta will continue to take strong and innovative decisions, such as the ones taken at COP26 with the initiative Island for island.

The Prime Minister also referred to another initiative which is being developed by the Small States Institute, the University of Malta and the Organisati­on of African, Caribbean and Pacific states.

This is a concrete example of the partnershi­p between the government, academics and internatio­nal groups with a common goal. Through this project, the Climate Vulnerabil­ity and Resilience Index is being developed for an effective evaluation of the impacts of climate change on vulnerable states.

Abela also referred to the concept of Green Bonds, which were issued by the Water Services Corporatio­n. In fact, it is one of the first water companies globally that took such an ecological initiative whereby bonds are certified to be used for environmen­tal projects in the water sector with the aim of improving the quality of water and efficienci­es, and also in renewables. These are projects that strengthen our country’s resilience in this sector.

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