Egypt has stressed that the implementation of national climate adaptation projects in developing and African countries represents a burden on their budgets.
USD $13.6 million for a Systematic Observations Financing Facility that will help fill weather, water, and climate observation gaps in Africa.
These statements came during Mohieldin's speech at a virtual session by UNCTAD on financing the global adaptation challenge with the participation of many specialists and representatives of relevant international organizations.
The formulating of the strategy is based on a four-way approach; the Egyptian constitution when it comes to ensuring a clean and decent life for them, Egypt’s Sustainable Development Strategy 2030, SWOT (strengths, weaknesses, opportunities, and threats) analysis, and Integration of strategies and sectoral plans.
Fouad called on the international community to face climate change impacts, stressing that Africa is the most vulnerable continent to climate change.
The Egypt-UK coalition, co-chaired by President Sisi, aims to raise funds to implement the resilience and adaptation strategies that address climate change impacts.
The Minister of Environment said that all efforts have to be increased on both mitigation and adaptation including providing finance, technology transfer and capacity building as means of implementation of Paris Agreement.
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