Copenhagen a victory for the Maldives, says President
21 Dec 2009, 9:00 PM
The Maldives will benefit from short-term funding for island and developing nations pledged at the The UN’s Climate Change Forum in Copenhagen, President Mohamed Nasheed told a press conference on his return home, even if the accord itself was not as comprehensive as hoped.
Ten per cent of the $30 billion in short-term funding would go towards helping small island nations adapt, he said.
“The talks were a success for the Maldives as funds were pledged for adaptation. We will get the money we need,” Nasheed said, adding that the challenge now was to improve the country’s capacity to undertake such large projects.
“I can say now with confidence that we will provide water, sanitation, electricity and build harbours in all islands. The only question is when can we do it? That depends on how fast we can work,” he said. “God willing, we will not face difficulties with money now.”
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