Egypt calls for providing climate finance to developing nations

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Shoukry reviewed Egypt’s vision for COP27, as well as the most prominent topics on the conference’s agenda…reports Asian Lite News

Egypt’s Foreign Minister and President-Designate of the UN Climate Change Conference 2022 (COP27) Sameh Shoukry asserted on Tuesday the importance of providing climate finance to developing countries, including island countries, to enable them to fulfil their commitments toward the climate.

In his speech at the inauguration of the regional Caribbean meeting on climate change that was held in the Bahamas via video conference, Shoukry stated that developing countries, including island countries, are the most affected by the repercussions of climate change even though they contribute the least to emissions.

Shoukry reviewed Egypt’s vision for COP27, as well as the most prominent topics on the conference’s agenda, according to Egyptian Foreign Ministry Spokesperson Ahmed Hafez.

The Foreign minister asserted that the Egyptian vision of hosting COP27 focuses on the importance of shifting from promises to actual implementation on the ground and mobilising the necessary support for global climate action, noting the great importance of providing climate finance as the main driver of climate action at all levels.

With less than 90 days remaining before the start of COP27, Egypt has recently announced the schedule of the event on its official COP27 website.

COP27 is set to take place from 7- 17 November. The event will be held at Sharm El-Sheikh International Convention Centre (SHICC), one of the largest and most innovative conference centres in the Middle East and Africa. The complex has a variety of flexible conference and exhibition halls that will form the Blue Zone for COP27.

The incoming Egyptian COP27 presidency has identified a range of topics focused on enhancing implementation and raising ambitions on a broad range of issues related to climate change, according to the official website.

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