Shoukry's remarks came during his participation in the virtual ministerial meeting of the Major Economies Forum on Energy and Climate (MEF), said Spokesman for the Foreign Ministry Ahmed Abu Zeid.
Shoukry’s participation came upon an invitation from the US Special Presidential Envoy for Climate John Kerry.
The spokesman added that the meeting discussed building on the outcomes and recommendations of COP27 in preparation for COP28 due to be held in November 2023 in the UAE.
The foreign minister stressed that the concerns of different parties involved should be put into consideration to ensure the success of international climate action, citing the success of COP27 in establishing a Loss and damage fund that compensates vulnerable nations for loss and damage from climate-fueled disasters.
Shoukry reiterated the COP27 call for reforming international financing institutions and development banks, so that they facilitate access to climate finance in parallel with providing concessional grants to support the efforts to confront climate change.
The foreign minister expressed confidence in the ability of the MEF to play an important role in backing climate action at all levels.