Shoukry made his remarks on Monday in New York during a high-level meeting with the Group of 77 & China (G-77) titled “Loss and damage: New and Additional Financing.

The meeting was moderated by Bilawal Bhutto Zardari, the foreign minister of Pakistan, the current chair of the group.

It was attended by representatives from the European Union (EU), Germany, South Africa, China, and UAE.

According to Bhutto Zardari, the group officially proposed including discussions on loss and damage finance on the agenda of COP27, which is set to be held in the Red Sea resort city of Sharm El-Sheikh on 6-18 November.

The Egyptian foreign minister noted that Egypt, as the host of COP27, held unofficial consultations on 10-11 September for convergence of relevant views among the parties concerned.

Shoukry added that he was looking forward to an active engagement from all climate change stakeholders, including the G-77 & China, in dealing with the loss and damage caused by climate change in a way that helps COP27 come up with positive results.

Egypt is a member of the G-77 & China, which is one of the main negotiating blocs in the UN for developing countries to work on boosting their economic and development interests.