President Lazarus Chakwera Thursday said Malawi will continue to push for its due share of climate financing.
Chakwera was speaking at Kamuzu International Airport in Lilongwe on his return from Sharm El- Sheikh, Egypt, where he attended the 27th United Nations Conference of the Parties (CoP27).
The President described the issue of lobbying for resources from industrialised nations as ongoing.
“When you are there, at least it gives you a chance to negotiate for your country; what is good for your country. So, some of the deals that we have been able to negotiate, some we even went ahead to sign commitments. Others we will be able to do so in due course.
“This is an issue that really needs to be taken seriously even by those who have contributed the most to bring about climate change,” Chakwera said.
Addressing the meeting on Tuesday, the President said CoP27 provides a test for the ability of global leaders to deliver climate justice for the most vulnerable nations.
Chakwera said the conference also provides a test of the capacity of global leaders to work together as a global community that is sailing into the same storm in the same boat.
“To pass this test of leadership, we need to go beyond the Berlin budgets of CoP1, the Stockholm statements of CoP2, the Kyoto protocols of CoP3, and the calls and commitments we have all made between CoP4 in Buenos Aires and CoP26 in Glasgow,” he said.
While in Egypt, Chakwera also attended the launch of the African Carbon Markets Initiative.
During the launch, the President said Malawi targets to scale up its domestic generation of carbon credits up to five million carbon credits, which is more than eight times the current production which would reportedly help the country mobilise up to $100 million and support more than 250,000 jobs.
At the start of the conference on Sunday, United Nations Secretary- General Antonio Guterres warned that the planet is sending a distress signal.
More than 120 world leaders are attending CoP27.