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In this era of unprecedented global challenges, the need for collaboration has never been more apparent. As we witness the devastating effects of events like the recent heatwave in India, it becomes increasingly evident that no single nation can tackle this monumental crisis of climate challenge alone. Global collaboration has never been more crucial.

The scale of the climate crisis demands unified action on an international scale. Yet, geopolitical tensions and fragmentation threaten to undermine our collective efforts. It is important that we rise above these divisions and work together to address this planetary crisis.

To realign ourselves with our global climate goals, we must embrace greater ambition. A fair and equitable approach is essential, one that acknowledges the varying capacities and responsibilities of nations. Countries must commit to emissions reductions that are proportionate to their per capita incomes, ensuring a more just distribution of the burden.

Consider this: to limit warming to 2 degrees Celsius, high-income countries must target emissions reductions of 39 percent by 2030, while lower-middle-income countries require reductions of just 8 percent. However, achieving ambitious climate change targets requires more than just commitments; it demands concrete actions. We must close the gap between ambition and reality by boosting climate finance and scaling up innovation. By assisting countries in meeting their emission reduction goals, we pave the way for a more sustainable future for the planet.

At the forefront of this effort stands initiatives like the Resilience and Sustainability Trust, which provides vital support to vulnerable nations grappling with the impacts of climate change. By investing in resilience and sustainability, we can build a more resilient world for future generations.

Yet, our challenges extend beyond climate change alone. The recent drought in Panama serves as a stark reminder of the far-reaching consequences of climate extremes. To build climate resilience and meet emission reduction targets, we must prioritize economic resilience and revitalization.

This includes fostering healthy competition in digital markets, adapting labor laws to facilitate remote work, and strengthening cyber defenses globally. In an increasingly interconnected world, collaboration is key to mitigating the risks posed by supply chain disruptions and other crises.

Moreover, the transition to a green economy requires significant investments, particularly in emerging markets and developing economies. By enhancing technology transfer and financing from advanced economies, we can unlock the full potential of regions such as India to drive sustainable growth.

But our journey towards a better world extends beyond economics and climate alone. It encompasses the richness of cultural diversity that defines our planet. In an era of unprecedented connectivity, collaboration among diverse cultures is not just desirable; it is essential.

In the face of emerging threats like the disinformation arms race, artificial intelligence holds the promise of mitigating risks and fostering inclusive growth. By harnessing the transformative power of technology, we can create a world where the benefits of growth are shared by all.

Let us not forget the remarkable feat of global collaboration in the development and distribution of COVID-19 vaccines. This unprecedented effort serves as a testament to what can be achieved when nations come together to address a common threat. As we navigate the challenges ahead, let us get inspired from this example of collective action.

Let us remember that collaboration, not competition, is the key to our collective success. Let us  create a more equitable world for future generations.

I urge each of you to embrace the spirit of collaboration in all your endeavors. Whether it’s through partnerships between brands or governments, or grassroots initiatives like the World Central Kitchen, let us work together to build a brighter future for all.

Thank you.