Had it not been for the Paris agreement, we could have been at more than 4% temperature increase. Now we are at 2.5. That's too much. But it means that multilateral cooperation, having adapted mechanisms, can work. So we need to work and do that even better.

And the world rightfully expects that the G20 can lead the way by setting that agenda. It implies climate finance key to resilience. Norway has, for its part, doubled its climate funding. We were supposed to reach that goal by 2026. We are there now and we still have our Oda at 1% of GDP. But the question is now how do we invest our Oda? It is not the traditional mechanism that will work. It is if we work with the financial banks, with the development banks and the World Bank, we can move forward on the energy transition.

It is renewable that is now being the winner in terms of affordability, and that has now to be made available to people in development. 600 million people here in Africa lack access to the modern miracles from electrification, as well as clean cooking, taking lives of so many women and children. So to address this, we have over the last year worked to support Mission 300, the World Bank and African Development Bank led initiative to provide electricity to 300 million people in Africa by 2030. So we welcome the early progress reported from this initiative, and we are ready to support it further.

Let me mention a very different example, Mr. President, coming also out of Belem. Tropical forests indispensable for maintaining global biodiversity in Africa, in Latin America, in Amazonas and in Asia, Indonesia. The new Tropical Forests Forever facility. The TFFF came out of a Brazilian COP, and I would like to commend President Lula and Brazil for having established this mechanism. Norway will contribute up to $3 billion over ten years to support this mechanism, which is again an example of doing innovative things with our financial partners.

Let me end on the third area, if I may. All G20 members are ocean nations, as we are, and Norway is in fact representing a country with the world's second largest coastline. The ocean offers many solutions to many issues on our G20 agenda. As long as the ocean is managed sustainably, as I work to, together with partners in the International Ocean Panel that I'm sharing with the President of Palau. I'm happy to see that we have a reference to that in the communiqué from this summit. We welcome the results of the third UN Ocean Conference in Nice, hosted by President Macron. The entry into force of the agreement and the WTO agreement on fishery subsidies.

So in closing, I would like to congratulate you, Mr. President, for also putting this theme on the agenda in a very appropriate way. And it will give, I think, impetus to the way we work on resilience around the world.

Thank you.