Dr.
During the “Finance Day” event, which will be held on November 9 in Sharm El-Sheikh and be attended by financial ministers from various nations, heads of regional and international financing institutions, managers of a number of international banks, and others involved in climate financing issues as part of the climate summit activities, Mohamed Moait, Egypt’s minister of finance, confirmed that Egypt will adopt the issues of the continent of Africa.
The minister continued, “By reviewing the ideas that will be discussed during the “financing day,” we aim to enhance financing opportunities for green investments in order to combat climate change for developing and African countries in a way that reduces the cost of financing environmentally friendly projects through facilitated mechanisms; This helps to stimulate the transition to the green economy, mobilise funding for sustainable development, and lead to the.
The minister said that we are keen during the “Finance Day” to exchange visions between the participants from the major international and regional institutions concerned with financing and climate issues; In order to reach a sustainable framework for reduced funds, and to create financial tools aimed at reducing harmful emissions such as green bonds, pointing out that Egypt is in the framework of its readiness for the day of funding, the African brothers gathered in a continental meeting in Cairo for the ministers of finance and the environment and the African position was coordinated and the development of a unified vision to deal with the consequences Changes in the economic and environmental climate.
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Egypt endorses the “Africa Vision” on November 9 during events related to the climate summit, according to the minister of finance
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