Shoukry affirms the importance of funding green economy at the Mediterranean dialogue conference
According to ahram online, Egypt’s Minister of Foreign Affairs Sameh Shoukry affirmed the importance of funding green economy sectors to face the challenges resulting from climate change.
Shoukry made his remarks during a session at the eighth edition of the Rome Med – Mediterranean Dialogues conference, which is being held in the Italian capital from 1-3 December.
The foreign minister, who was also president of the COP27 climate change conference recently held in Egypt, also reviewed the country’s approach to negotiations during the conference to reach an agreement on launching a loss and damage fund.
He asserted that Egypt is committed to defending Africa’s interests and promoting African integration to achieve sustainable development.
Shoukry also discussed the challenges related to food security that have been exacerbated by the Ukrainian crisis, emphasizing the importance of international efforts to reach a political settlement to this crisis, as well as the need to work concurrently on an international mechanism to mitigate the crisis’s repercussions on developing countries.
Shoukry also reviewed Egypt’s vast capabilities as a regional energy hub and how Egypt is prepared to collaborate with Mediterranean partners in this area.