Ethiopia calls for stronger international cooperation and greater access to climate finance at COP31

By:   Nana Appiah Acquaye

Ethiopia’s Minister of Finance and COP32 Chief Negotiator, Fitsum Assefa, has called for stronger international cooperation, expanded access to climate finance and improved effectiveness of multilateral climate funds to support developing countries in implementing their climate priorities.

Speaking at a COP31 side event titled “Multilateral Climate Funds: Working Together for Enhanced Access and Greater Impact”, Fitsum emphasised the importance of strengthening global collaboration to address climate financing challenges facing developing countries.

The discussions focused on the need to improve access to multilateral climate funds and ensure that available financial resources deliver greater impact in supporting countries to implement their climate priorities.

The Ethiopian Minister’s remarks highlighted the importance of effective international cooperation in mobilising climate finance and strengthening the role of multilateral funding mechanisms in supporting developing countries.