After two long weeks of discussions and negotiations, and despite initial fears that no agreement would be reached, a final effort has led to a consensus among United Nations countries on global initiatives addressing climate action, Minister for the Environment and Energy Miriam Dalli has said, expressing the government’s satisfaction with the outcome.
Minister Dalli was part of the negotiating team for the final agreement.
This agreement signifies a tripling of funding to the most vulnerable countries, enabling them to respond to the impacts of climate change, the government said. From $100 billion annually, this fund has now increased to $300 billion by 2035.
