Highlights of Ruto's address in Paris

He is expected to advocate for new institutional architecture for multilateral climate finance.

In Summary
  • Kenya, Africa, and the Global South continue to face significant adverse effects of climate change.
  • This is despite contributing the least to global warming and having the lowest emissions.
President William Ruto speaking at State House on June 14, 2023
President William Ruto speaking at State House on June 14, 2023
Image: PCS

President William Ruto will on Wednesday evening travel to Paris for the Global Pact Finance Summit.

The summit aims to reimagine the global finance system and foster the creation of a more inclusive financial architecture.

The President is expected to advocate for a new architecture for international financial institutions that are equitable, inclusive and adequate in financing sustainable development together with climate action.

A statement released by State House spokesperson Hussein Mohamed on Wednesday said he will also advocate for new institutional architecture for multilateral climate finance.

Ruto will also make proposals towards the establishment of a new Multilateral Climate Finance Institutional Architecture.

This is in the realisation that Kenya, Africa, and the Global South continue to face significant adverse effects of climate change.

This is despite contributing the least to global warming and having the lowest emissions.

Ruto will also underscore the urgent need to move beyond incremental measures that fall short of effectively combating the climate crisis and fail to generate investment benefits for Africa.

Kenya's contribution seeks to define a strong African position that will be developed further during the Africa Climate Summit scheduled to take place from the 4 to 6 September in Nairobi.

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