Another great opportunity to advance climate action at COP27 despite the crisis in Ukraine: Mohieldin – Climate change – COP27

During an interview with BBC Radio earlier this week, Mohieldin highlighted the ongoing momentum and promising investment opportunities in decarbonisation and renewable energy sources.

He stressed the need to maintain momentum in areas that are seeing progress, in addition to supporting other areas that have not received as much attention as they should have.

The climate champion, who is also the UN special envoy for financing the 2030 Agenda for Sustainable Development, also stressed the need to advance climate action based on the Paris Agreement with a holistic approach. which addresses the four aspects of mitigation, adaptation, loss and damage and finance. .

On adaptation, Mohieldin noted that better work could be done to secure funding from the public and private sectors as well as domestic and external sources.

This can only be achieved if we realize that the reductionist approach taken in the past will not help us, Mohieldin said. We must link climate action with sustainable development, taking into account ongoing crises such as the war in Ukraine and the COVID-19 pandemic, he added.

The climate champion also shed some light on funding, referring to last year’s COP26 in Glasgow, where one of the most famous results was the $8.5 billion funding for a linked project. renewable energy for South Africa to help the country phase out coal.

He added that some progress can be made if such projects are multiplied but with more commitments. He also clarified that the success of the climate summit is represented in the way of translating commitments into action.

Egypt has reiterated on more than one occasion that it hopes to turn climate promises into action on the ground at COP27, which will be held under the theme of “together for implementation”.

Egypt is also committed to advocating for Africa’s climate aspirations and pushing countries to meet their climate finance commitments.

Egypt’s vision for advancing climate action at COP27 involves collaboration between governments, the private sector, civil society and other stakeholders to focus on issues of adaptation, mitigation, loss and damage and climate finance.

The upcoming climate conference is expected to host over 120 heads of state and more than 40,000 other participants, the highest number ever for a climate summit on the continent.

Also, more than 3,000 journalists and media professionals from around the world will cover the conference.

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Christi C. Elwood