Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdel Aaty said Egypt will continue to expand cooperation with the Green Climate Fund to support developing countries’ access to climate finance, particularly African nations.
His remarks came during a meeting with Mafalda Duarte, Executive Director of the Green Climate Fund, held on the sidelines of the African Summit. The discussions addressed ways to strengthen cooperation and increase the share of climate finance directed to developing states to support mitigation and adaptation projects.
Abdel Aaty said the fund plays an important role in financing climate-related projects in developing countries and stressed the need to direct a larger portion of climate funding through specialized operational entities, especially the Green Climate Fund. He affirmed Egypt’s continued support for the fund within the framework of international climate negotiations.
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