UNITED NATIONS, Nov 20: The United Nations Secretary General has called upon foreign ministers to use their influence for smoothing differences over financing for climate initiatives as a way of realising the goal of an agreement on climate change by 2015.

“This can do more than anything to unlock the huge investment necessary for climate change adaptation and mitigation,” Secretary-General Ban Ki-moon told a ministerial-level meeting on the margins of the UN-led climate change talks under way in the Polish capital, Warsaw.

“We must send the right policy signals,” Ban said, adding that the development of high-impact opportunities would unlock clean energy investments, close the viability gap between green and fossil fuel-based projects and de-risk renewable energy and low-carbon investments.

He called for public finance, private finance, and support to the Green Climate Fund as three areas for common action.

“Smart public financing can encourage local and international private investments,” the UN chief said, urging investors and companies to join forces with the public sector.

Opinion

Editorial

Spoiler alert
17 Jun, 2026

Spoiler alert

AFTER the temporary peace deal between the US and Iran is physically signed in Geneva on Friday, an arduous process...
Storm-tested cities
17 Jun, 2026

Storm-tested cities

THE deaths caused by the latest spell of monsoon rains in KP and Punjab illustrate how quickly severe weather can...
Chakwal tragedy
17 Jun, 2026

Chakwal tragedy

A NINE-year-old girl is dead because a Punjab Crime Control Department gunman mistook her family’s car for a...
A new deal
Updated 16 Jun, 2026

A new deal

AFTER three and a half months of war between US-Israel and Iran and an acrimonious temporary ceasefire, a genuine...
Charter of economy
16 Jun, 2026

Charter of economy

NO one expected the PTI to accept the government’s invitation to sign a charter of economy; just as few expected...
Hostage seamen
16 Jun, 2026

Hostage seamen

SOME 50 days on, 11 Pakistani nationals are still in Somali pirates’ captivity. Their appeals to the Pakistani and...