During its presidency of the COP27, which was held in Sharm El-Sheikh, Egypt launched dozens of initiatives tackling climate change impacts and means of mitigation for the most affected countries, particularly in Africa. Egypt also made numerous pivotal decisions to help mitigate the impact of climate change, most prominently the decision to establish the Loss and Damage Fund.
Egypt’s signature brings the number of joining countries to 10 countries.
The Ministry of International Cooperation said in a press statement that the Blue Partnership Agreement enhances the benefit of financing opportunities for blue economy projects.
Egypt is also committed to reducing emissions from the transportation sector by 7 percent.
The primary objective of the center is to equip Africa with the necessary tools and capabilities to enhance its development sectors in a sustainable and meaningful way
Scatec and the Suez Canal Economic Zone (SCZone) also signed a memorandum of understanding (MoU) worth $1.1 billion
In his speech at the Summit of the Heads of State and Government, President Sisi said that Egypt, drawing upon its chairmanship of last year’s conference in Sharm El-Sheikh and the direct impact of climate change it endures, acknowledges the pressing need to work toward enhancing collective and urgent action to address the challenge of climate change.
On the way to the 28th UN Climate Change Conference in the UAE (COP28), Youth Loves Egypt (YLE) Foundation has financially supported ten climate-related initiatives as part of its efforts to empower civil society.
Egypt has stressed that the implementation of national climate adaptation projects in developing and African countries represents a burden on their budgets.
Foreign Minister Sameh Shoukry affirmed Egypt's keenness on the success of the 28th United Nations Climate Change Conference (COP28) to reach the aspired results.
The sixth edition of Cairo Water Week (CWW), scheduled to be held by the end of October, will continue the efforts to put water at the heart of climate action, Egyptian Minister of Irrigation Hani Sewilam said on Thursday.
Minister of Foreign Affairs and COP 27 President Sameh Shokry received Monday a phone call from U.S. Special Presidential Envoy for Climate John Kerry.
Emirati Ambassador to Cairo Mariam al-Kaaby delivered the invitation Tuesday.
That is in fulfillment of the invitation of U.S. Special Presidential Envoy on Climate John Kerry.
Foreign Minister and President of the 27th session of the UN Climate Change Conference Sameh Shoukry chaired Thursday a virtual meeting of the office of the board of COP27.
According to Mashat, financing sources would include the State General Budget and the private sector, in addition to easy financing through development companies.
Foreign Minister Sameh Shoukry, President of the 27th United Nations Climate Change Conference (COP27), stressed keenness on Egypt's continued coordination with the UAE for the COP28.