Environment Minister Yasmine Fouad has stressed that the initiative of nature-based solutions is a real framework for addressing the inextricably intertwined global crises of biodiversity loss and climate change.
The minister made her remarks on Tuesday, March 7, when she chaired, along with Steffi Lemke, German Federal Minister for the Environment, Nature Conservation, Nuclear Safety, and Consumer Protection, a workshop on the Enhancing Nature-based Solutions for an Accelerated Climate Transformation (ENACT) initiative, which took place in the UN climate change conference (COP27), hosted by Egypt in November.
Representatives of Japan, France, Canada, and international organizations, among others, attended the videoconferencing event.
The minister urged development partners to support the initiative to realize the desired goals.
Fouad reiterated that the initiative contributes to addressing the negative impacts of climate change, saving the world around $104 bn by 2030 and $303 bn by 2050 and bringing about great social and economic benefits for people in all corners of the globe.