Sharm El Sheikh Adaptation Agenda aims to achieve resilience for 4 billion people by 2030: Mohieldin – Egypt Today

Sharm El Sheikh Adaptation Agenda aims to achieve resilience for 4 billion people by 2030: Mohieldin – Egypt Today

CAIRO - 13 December 2022: Mahmoud Mohieldin, UN Climate Change High Level Champion for Egypt and UN Special Envoy on Financing 2030 Sustainable Development Agenda, stressed that climate action is one of sustainable development goals and it's implementation -therefore- is an investment that help achieving sustainable development.

His remarks came during his participation in the 21st annual conference of the Arab Administrative Development Organization (ARADO) held in Oman under the title of "Sustainability of resources in light of climate change and ways to reduce its effects".

Mohieldin emphasized that climate change affects growth, financial stability and economic development, and that the improper transition to decarbonization has its negative impacts, explaining that the international finance organizations approved that climate issues became significantly important for the global economy, while the IMF worked on merging climate action among its main work fields in terms of supervision, financing, researches and capacity building.

"Achieving SDGs including climate targets requires accurate and up to date data, suitable finance in which different financing sources integrate, and implementation efficiency on the level of institutions and policies." Mohieldin said.

The climate champion stated that COP27 in Sharm El-Sheikh made many results in all fields of climate action. For loss and damage, the conference