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The Republic of Djibouti has become the latest country to submit its carbon reduction pledge to the UN in advance of December’s Climate Summit in Paris. At the weekend, Djibouti formally committed itself to curb greenhouse gas emissions by 40 percent. The government said its target could rise to 60 percent if it received additional funding from the international community. The pledge was made through Djibouti’s Intended Nationally Determined Contribution.
Other countries are anticipated to  make  similar moves in October, detailing how they intend to cut their carbon emission and enhance climate resilience under a new international agreement. The Djibouti government said it would invest more than USD 3.8 billion in collaboration with the international community to achieve this goal. It is already developing a new “National Strategy” for the green economy, biodiversity and climate change to help meet its aims. Another USD1.6 billion in funding from such sources as the recently launched Green Climate Fund would enable it to reduce emissions by 60 percent by 2030. The INDC predicts that a 2ºC temperature rise would cost Djibouti more than USD5 billion between 2010 and 2060; a 4ºC to 5ºC would expand this to USD9 billion.
Minister of Foreign Affairs