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The move was backed by the Alliance of Small Island States. “The voluntary carbon market is a significant and growing source of climate finance,” said Conrod Hunte, of Antigua and Barbuda, chair of the Alliance of Small Island Developing States.

“Activities on the high seas have a very strong impact on us, our territorial waters,” said negotiator Ismail Zahir, a representative for Samoa and a principal adviser to the Alliance of Small Island States. “The way that we see it, there’s no point in having this treaty unless we acknowledge the fact that the benefits…

Dr Pa’olelei Luteru, the chair of the Alliance of Small Island States, which includes countries suffering some of the worst effects of global heating including Antigua and Barbuda, Fiji and the Maldives, said countries must heed the best available science that points to the need to reduce emissions by 45% by 2030, and reach net…

“All countries that are able, must contribute to global climate finance,” said Ambassador Pa’olelei Luteru, who chairs the Alliance of Small Island States. The bigger issue, Luteru said, is which of the poor and most vulnerable countries will be in line to receive it.