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<\/p>\nBy King\u2019s Office Correspondents<\/p>\n
NEW YORK, USA – His Majesty King Mswati III has announced Eswatini\u2019s plan to reduce 2.24 million tonnes of greenhouse gas emissions by 2035.<\/p>\n
He has also revealed that the country is among the first 10 countries to submit its Paris Agreement-compliant NDC 3.0 plan to the United Nations Framework Convention on Climate Change. The plan outlines programmes, resources and a clear plan to achieve this target by 2035.<\/p>\n
Speaking at a high-level event on Climate Change on the sidelines of the 80th United Nations General Assembly on Wednesday, His Majesty said despite the Kingdom\u2019s low emissions, it remains committed to the Paris Agreement.<\/p>\n
To meet this goal, His Majesty revealed that Eswatini would need approximately E43 billion (US$2.4 billion). \u201cDespite this, Eswatini comes to this meeting determined to turn vulnerability into resilience.<\/p>\n
We are pleased to announce that we have concluded and submitted the Paris Agreement-compliant NDC 3.0,\u201d he said, noting the Kingdom was among 10 African nations meeting the September deadline, supported by the local UN Office and partners.<\/p>\n
The NDC 3.0 revision was comprehensive and inclusive, with locally driven greenhouse gas data demonstrating national ownership. Lessons from NDC 2.0 and meaningful dialogues shaped the robust report, aligned with the 2023-2028 National Development Plan and the long-term Low Emissions Development Strategy.<\/p>\n
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\u201cEswatini will reform laws and strengthen all institutions to improve capacity, accountability, monitoring and reporting,\u201d His Majesty said.
Financial constraints limited NDC 2.0, which targeted US$900 million (E16.2 billion) to US$1.5 billion (E27 billion), raising only US$449 million (E8.1 billion) since 2018.<\/p>\n
The NDC 3.0\u2019s E43 billion cost requires scaled-up, predictable climate finance. \u201cThus, we expect stronger collaboration with our partners, including the local private sector, to finance the US$2 billion (E36 billion) gap,\u201d the King said.<\/p>\n
\u201cEswatini will remain a net carbon sink and reduce 2.24 million tonnes of greenhouse gas emissions by 2035. We will also invest in climate-smart agriculture and technology.<\/p>\n
Early warning systems, water resource management, waste management and infrastructure will be improved to protect our most vulnerable society,\u201d he stated. A just energy transition will promote affordable, clean technologies and a low-carbon, climate-resilient economy.<\/p>\n
Green finance instruments and incentives will align financial flows with climate priorities to attract sustainable investment. A Sendai-aligned Disaster Risk Management Fund will enhance risk financing and reporting, while renewable energy and digital tools are prioritised.<\/p>\n
\u201cClimate-smart technologies should be affordable for farmers, homeowners and entrepreneurs after the loss and damage fund is recapitalised,\u201d His Majesty said.<\/p>\n
\u201cEswatini cares about survival and opportunity. With the right support, the country can turn climate challenges into green growth, food sovereignty and shared prosperity,\u201d he concluded.<\/p>\n
China\u2019s President Xi Jinping, addressing the session via video link, supported the Paris Agreement, committing to a 10 per cent emissions reduction by 2033, countering US President Donald Trump\u2019s claims about China\u2019s green technology practices.<\/p>\n","protected":false},"excerpt":{"rendered":"By King\u2019s Office Correspondents NEW YORK, USA – His Majesty King Mswati III has announced Eswatini\u2019s plan to…","protected":false},"author":1,"featured_media":4081,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":1,"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":""},"categories":[47,25,26,59],"tags":[46,94,73,48,58],"class_list":["post-4074","post","type-post","status-publish","format-standard","has-post-thumbnail","category-africa","category-national","category-swaziland","category-technology","tag-africa","tag-environment","tag-eswatini","tag-feature","tag-national","cs-entry","cs-video-wrap"],"yoast_head":"\n<\/div><\/strong><\/p>\n