November 2, 2021
1 min read

Egypt Prez urges developed nations to fulfil annual $100bn pledge to face climate change

Egyptian President Abdel-Fattah al-Sisi said on Monday that developed countries must fulfill their long-standing pledges to provide $100 billion per year to developing countries to face climate change…reports Asian Lite News

“We are concerned about the gap between the available funding and the actual needs of developing countries as well as the obstacles that our countries face to have access to it,” Sisi said during his speech at the 26th UN Climate Change Conference of the Parties (COP26) which is being held in Glasgow from Monday to Tuesday, Xinhua news agency reported.

“Developing countries’ implementation of their commitments to address climate change is conditioned by the amount of support they receive,” Sisi stressed.

Egypt Prez urges developed nations to fulfil annual $100bn pledge to face climate change

He noted that Egypt has initiated serious steps to apply a sustainable development model. “This model is aimed at lifting the share of government-funded green projects to 50 per cent by 2025 and 100 per cent by 2030,” the Egyptian President added.

Sisi said the African continent faces the most negative repercussions and economic, social, security and political consequences of the climate change crisis.

ALSO READ: Egypt signs 7 grant agreements with the US

Therefore, Egypt calls for the need to provide the African continent with special treatment, especially within the framework of implementing the Paris Agreement, given its severe conditions and the challenges it faces.

“I am confident that our summit’s deliberations and outcomes will convey our political commitment to facing climate change and adapting to its negative impacts,” he added.

Previous Story

Lawmaker to introduce Bill to make Diwali holiday in US

Next Story

South Africa to go ahead with local polls

Latest from Arab News

Sisi, MBZ cement ties

UAE and Egypt bolster ties through high-level talks in Abu Dhabi and a landmark cardiac care initiative delivering lifesaving treatment to rural communities The United Arab Emirates and Egypt reaffirmed their strong

‘UAE leads global fight against plastic waste’

UAE accelerates its fight against plastic pollution with a bold single-use plastic ban and expanded environmental policies to safeguard natural ecosystems for future generations The United Arab Emirates continues to lead the

70,000 Gaza kids starve

WFP warned that any further escalation of conflict could paralyse relief operations altogether, deepening the plight of civilians—especially children, the elderly, and vulnerable groups As the humanitarian crisis in Gaza intensifies, the

Prayers on the Mount

The Day of Arafat, considered the pinnacle of the Hajj pilgrimage, witnessed a congregation of believers from around the world As the sun blazed overhead and temperatures climbed to a sweltering 41°C,

EID MUBARAK!

UAE marks Eid Al Adha with housing support, children’s gifts, pardons, and cultural celebrations, reflecting a national spirit of compassion, unity, and shared community values Across the UAE, Eid Al Adha is
Go toTop

Don't Miss

Saif bin Zayed visits Egypt Pavilion at Expo 2020

Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister

India votes against UN resolution to securitise climate action

India’s Permanent Representative to the United Nations T S Tirumurti