President Dr. Mohamed Muizzu calls for urgent and transformative action on climate change, stressing that for small island nations, climate change is a present and devastating reality, not a distant threat. He emphasized that the theme of this year’s COP, “In Solidarity for a Green World,” demands more than solidarity—it calls for real, tangible transformation. President Muizzu outlined the Maldives’ ongoing efforts to diversify its economy and promote sustainability. He highlighted initiatives such as expanding port services, developing special economic zones, and establishing the country’s first development bank. The Maldives is also investing in sustainable urban development, with the Ras Male’ eco-city project designed to address housing issues while incorporating climate-resilient features. Additionally, the country is investing over 1.5 billion dollars in renewable energy to support its transition to a low-carbon economy. However, the President emphasized that these national efforts need global financial support. He called for coordinated backing from the UN, international financial institutions, and the private sector to help small island nations attract investment and address their vulnerabilities. He also proposed innovative financial solutions, including debt forgiveness linked to climate resilience milestones. He urged COP29 to deliver a new climate finance goal that reflects the real needs of vulnerable nations and to finalize the international carbon market mechanism to support sustainable development in small island nations. In closing, President Muizzu called for concrete action, urging small island nations to unite and demand that promises turn into real, measurable outcomes. He reminded the international community that the time for action on climate change is now.
