CAIRO – Environment Minister Yasmine Fouad held a meeting with the Climate Action Network (CAN) to discuss mechanisms to support Egypt’s joint leadership in managing negotiations on the new climate finance target in a way that achieves a balance between the various parties and takes into account the requirements of developing countries.
The Climate Action Network is a global network of more than 1,900 civil society organizations in over 130 countries driving collective and sustainable action to fight the climate crisis.
The meeting came on the sidelines of the minister’s participation within the official delegation headed by Prime Minister Mostafa Madbouli, in the COP29 global climate conference in Baku, Azerbaijan, which runs until November 22, according to an official press release.
She expressed her appreciation for the role of the network in advancing climate action and focusing on climate justice and supporting the requirements of developing countries, especially in the current critical phase that the world is witnessing due to the stormy geopolitical conditions and the growing climate crises and their effects on the world.
She pointed to supporting climate action, including ensuring the implementation of the Paris Agreement, especially with regard to the commitment of developed countries to provide financing to developing countries so that they can fulfill their obligations.
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