Egypt includes biodiversity in COP 27 agenda for 1st time

Cairo, The Egyptian Minister of Environment Yasmin Fouad stated on phone that Egypt had included biodiversity in the COP 27 agenda for the 1st time – as it is necessary to mitigate climate change through natural ways.

The minister added that Egypt – COP 27 president – would continue to observe the implementation of climate pledges until the UAE assumed the summit’s presidency late in 2023.

Environment Minister Yasmine Fouad said Sunday that the international climate summit, COP27, in Sharm el Sheikh has so far reflected a “different” image of Egypt and its ability to organize such big world events.

The conference in the Egyptian Red Sea resort city has played a role in encouraging travel to Egypt, with thousands taking part in the big event, Fouad said in statements to MENA on the sidelines of the international climate summit.She talked about how Sharm el Sheikh turned into a green city with many projects to be implemented, thus securing future jobs for youth in the coming stage.

Developing countries need between 140 and 300 billion dollars in climate finance until 2030, Fouad said, adding that double that sum – between 280 and 500 billion dollars, would be needed until 2050.