Egypt delivers on addressing challenges to COP 27 to avoid ‘backsliding’ on climate financial pledges: Ambassador – Egypt Today

Egypt delivers on addressing challenges to COP 27 to avoid ‘backsliding’ on climate financial pledges: Ambassador – Egypt Today

CAIRO – 27 October 2022: The most difficult challenges that face the 2022 United Nations Climate Change Conference that due to convene in Sharm El Sheikh city on November 6-28 and attended by more than 90 heads of state and government are issues related to a just climate transition and delivering on support pledged for developing countries, said Ambassador Mohamed Nasr, Lead Negotiator and Director General Climate, Environment and Sustainable Development at the Egyptian Ministry of Foreign Affairs.

He added in media briefing on Tuesday that while all parties agreed on climate transition, finding a just transition was a challenge in the discussion, he said, adding “The second one [challenge] is the delivery on supporting, in particular, is the major concern for the developing countries," when it comes to loss and damage role for implementing their adaptation projects.

As for the financial support pledged by the developed countries, he said that the COP 26 in Glasgow last year resulted in headlines of pledges for the adaptation fund, saying that 230 million out of pledged 360 million have not been fulfilled until today.

‘Backsliding on pledges’

“Unfortunately, I have to say that there is potential non-delivery and potential backsliding on pledges,” said the ambassador, adding