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Ramkalwan said that world military expenditure has increased for the 10th consecutive year, reaching 2.5 trillion dollars in 2023 and this makes even the highest estimates of the funds – 100 billion dollars needed for loss and damage – seem modest and insignificant.
Climate change remains the foremost challenge facing humanity, and failure to address its effects will devastate current and future generations, said Seychelles’ President Wavel Ramkalawan in his address at the 79th United Nations General Assembly Plenary Session in New York.
Ramkalwan said that as a small island state, Seychelles understands what it means to be vulnerable. He referred to commitments, pledges, and promises to achieve large-scale reductions of emissions to keep the goal of limiting global warming to 1.5 degrees (Celsius). But words are nothing without deeds and urged immediate action to address the sinister climate change. He also said that Island Nations like Seychelles bore the brunt of climate change, though they contributed least to the environmental degradation, he added.
Ramkalwan said that world military expenditure has increased for the 10th consecutive year, reaching 2.5 trillion dollars in 2023 and this makes even the highest estimates of the funds – 100 billion dollars needed for loss and damage – seem modest and insignificant.
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It is unfair for SIDS (Small Island Developing States) to suffer the consequences of these choices. We simply do not have the means to cope with the disastrous effects of climate change, he emphasized.