A statement delivered to the 67th General Assembly on the opening day of the annual General Debate by the President of the Marshall Islands, in which he addressed the most complex challenges posed by climate adaptation to a low-lying nation, as sea level rise projections of more than a meter pose complex risks to the survival of the Marshallese people – risks which the Marshall Islands are only beginning to unpack and address. He called for more action by all nations, and all actors, in all possible settings and negotiation forums, such as the UNFCCC Conferences of the Parties.
Enforcing that the low-lying country cannot rely only on an uncertain architecture of global climate finance to address the very critical adaptation efforts, the President recognized that the Marshall Islands are heavily reliant on international assistance such as the Green Climate Fund, and has little other means to provide for adaptation. Justifying the rapid expansion of the country's private sector, he then emphasized the need to create financial security through the “debt for adaptation” swap being pursued by the Marshall Islands and other small island nations.
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