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Reading: Egypt’s Environment Minister highlights preparations for hosting COP27 in Sharm El-Sheikh
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Dailynewsegypt > Blog > Environment > Egypt’s Environment Minister highlights preparations for hosting COP27 in Sharm El-Sheikh
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Egypt’s Environment Minister highlights preparations for hosting COP27 in Sharm El-Sheikh

Daily News Egypt
Last updated: 2022/10/27 at 11:20 AM
By Daily News Egypt 3 Min Read
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Egypt’s Environment Minister highlights preparations for hosting COP27 in Sharm El-Sheikh
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Egypt’s Minister of Environment Yasmine Fouad said that Egypt’s preparations for hosting the UN climate conference COP27 include several axes, the first of which is the institutional and political aspect. So, Egypt ensured the participation of all parties and authorities, led by the Prime Minister in his capacity as the head of the National Council for Climate Change.

She stressed Egypt’s keenness -even before preparing for the conference- to involve everyone in placing climate change considerations at the heart of the development process, to provide real experience in integrating climate into development sectors that can be replicated in different countries.

Fouad’s remarks came at the session “Egypt the Future – Preparations for COP27” on Wednesday, as part of the celebration of the 50th anniversary of Egyptian-Emirati relations. The event was also attended by Hala Al-Said, Minister of Planning and Economic Development, and Mahmoud Mohieldin, the UN Secretary-General’s envoy for climate, champion of climate action, as well as a number of Egyptian and Emirati ministers and public figures.

During her speech, the Minister of Environment indicated that the Egyptian presidency of the conference, as part of the technical preparation, was keen, when designing its substantive days, to discuss topics that touch on human needs, such as energy, water and agriculture, and how to implement through science, solutions and financing, and affected and influential groups such as youth, civil society and women.

Thie shall contribute to transforming the climate file from a technical topic to a file that touches on human needs, which will change the view of climate conferences, in addition to Egypt’s keenness to establish constructive partnerships with various countries and institutions, the most important of which is the UAE, which will take over the flag at the next climate conference COP28.

With regard to Egypt’s efforts in the field of climate finance and chairing a climate conference for implementation, the Minister of Environment explained that Egypt is consulting with all parties that pledged to provide and double adaptation funding, to ensure that even part of this funding is provided in light of the global economic crisis, and urging countries to update their national contribution plans to be able to receive this funding. 

The minister also noted Egypt’s keenness to be a pioneer and an example for countries to follow in this regard. She emphasized that coordination between the partners responsible for the presidency of the climate conferences to set goals to accelerate the pace of climate action will benefit the climate system at the international level. 

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Banks are in the news again. Two bank failures in the US, and the forced takeover of Credit Suisse by UBS in Switzerland, have triggered the worst turmoil in the banking sector since the 2008 financial crisis.
When banks go bust: the four factors at play – trust, confidence, contagion and systemic risk
Business Opinion
Meet Yehia Abouseif: Artist and designer hailing from Cairo and now based in New York
Meet Yehia Abouseif: Artist & designer hailing from Cairo and now based in New York
Culture
Research centres define optimal investment portfolio amid high inflation
Research centres define optimal investment portfolio amid high inflation
Business
Valuation dispute halts SODIC’s acquisition of Orascom for Real Estate
Valuation dispute halts SODIC’s acquisition of Orascom for Real Estate
Business
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