Egyptian President urges developed nations to fulfil annual 100 bn US$ pledge to face climate chang


Cairo, Nov 2 (IANS): Egyptian President Abdel-Fattah al-Sisi said on Monday that developed countries must fulfill their long-standing pledges to provide 100 billion US$ per year to developing countries to face climate change.

"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.

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.

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.

 

  

Top Stories


Leave a Comment

Title: Egyptian President urges developed nations to fulfil annual 100 bn US$ pledge to face climate chang



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.