Arab Press

بالشعب و للشعب
Friday, Jun 20, 2025

Egypt seeks shift to green economy, President El-Sisi tells COP27 

Egypt seeks shift to green economy, President El-Sisi tells COP27 

Egypt is set to increase investment in renewable energy, the country’s president told world leaders gathered in Sharm El-Sheikh as he urged for more progress towards tackling climate change.
Speaking on the second day of the the UN Climate Change Conference, Abdel Fattah El-Sisi called for action that would produce tangible impacts on global warming.

“From this rostrum, I urge you to become the model that the world hopes,” said the Egyptian leader.

El-Sisi highlighted that humans across this planet have a shared future, as well as “one goal and one hope, that same hope we cherish also here."

During his remarks, he urged the leaders to take more significant steps to reduce emissions and launch new ambitious projects that would inspire all stakeholders to provide funding.

“Trust will be the best guarantee of our success and progress and achieving our goals,” said El-Sisi.

He added tha Egypt is now determined to focus on and “increase investments in these key green areas.”

The Egyptian President underlined the need for strong will to move on with a goal of preventing temperature increases of more than 1.5 degrees Celsius.

He noted that the poor countries, which are currently suffering more than other nations from the effects of these crises, need the necessary financing to be secured in order for them to take realistic initiatives to cut emissions effectively.

According to a UN Climate Change report released in advance of COP27, although countries are bending the global greenhouse gas emission curve downward, efforts are still insufficient to keep the increase in global temperature to 1.5 degrees Celsius by the end of the century.

COP27, which will run until Nov. 18, is the largest annual gathering on climate action involving heads of state, ministers and negotiators, along with climate activists.

The event will focus on securing separate “loss and damage” funds, or compensation payments to climate-vulnerable countries already suffering from climate-related weather extremes, Wael Aboulmagd, special representative to the COP27 president, told Reuters.

Last May, Egypt announced its intention to position itself as an impartial arbiter while hosting this year’s summit, as it pushes other nations to act on climate pledges while promoting the interests of the developing world, a senior Egyptian official told Reuters.

“In this particular year it is in the interest of the process that a perception of impartiality and equal distance from everyone is maintained,” Aboulmagd said.
Newsletter

Related Articles

Arab Press
0:00
0:00
Close
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Mass exodus in Tehran as millions try to flee following Trump’s evacuation order
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Netanyahu Signals Potential Regime Change in Iran
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
Iran Conducts Ballistic Missile Launches Amid Heightened Tensions with Israel
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
UK Deploys Jets to Middle East Amid Rising Tensions
Exiled Iranian Prince Reza Pahlavi Urges Overthrow of Khamenei Regime
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Iran Launches Extensive Missile Attack on Israel Following Israeli Strikes on Nuclear Sites
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
Trump to Iran: Make a Deal — Sign or Die
Operation "Like a Lion": Israel Strikes Iran in Unprecedented Offensive
Israel Launches 'Operation Rising Lion' Targeting Iranian Nuclear and Military Sites
Israeli Forces Intercept Gaza-Bound Aid Vessel Carrying Greta Thunberg
IMF Warns of Severe Global Trade War Impacts on Emerging Markets
Syria to Reconnect to Global Economy After 14 Years of Isolation
Saudi Arabia Faces Uncertainty Over Succession After Mohammed bin Salman
Israel Confirms Arming Gaza Clan to Counter Hamas Influence
Majority of French Voters View Macron's Presidency as a Failure
U.S. Reduces Military Presence in Syria
Trump Demands Iran End All Uranium Enrichment in Nuclear Talks
Iran Warns Europe Against Politicizing UN Nuclear Report
Businessman Mauled by Lion at Luxury Namibian Lodge
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
European and Arab Ministers Convene in Madrid to Address Gaza Conflict
Head of Gaza Aid Group Resigns Amid Humanitarian Concerns
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
Iranian Revolutionary Guard Founder Warns Against Trusting Regime in Nuclear Talks
×