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

US Deports Iraqi Refugee to Rwanda 

Ameen’s deportation to Rwanda raises renewed concerns among rights advocates about transparency, due process, and the fate of refugees caught in the crossfire of international politics….reports Asian Lite News  The United States

Sikh Community Pays Rich Tributes to Pope 

UAE Sikh community mourns Pope Francis, honoring him as a global symbol of faith and compassion…reports Asian Lite News The Sikh community of the United Arab Emirates extends heartfelt condolences on the

Azad Moopen Pays Tribute to Pope Francis 

Dr. Moopen also noted Pope Francis’ historic 2019 visit to the UAE, a landmark moment in fostering interfaith dialogue and tolerance…reports Asian Lite News Dr. Azad Moopen, Founder Chairman of Aster DM
Go toTop

Don't Miss

Britain gets ready for cold snap

The Met Office issued snow and ice alerts for large

Muslim Brotherhood leader sentenced to life prison in Egypt

An Egyptian court on Sunday sentenced acting Muslim Brotherhood leader