Shoukry affirms importance of funding green economy at Mediterranean dialogue conference

MENA , Ahram Online , Saturday 3 Dec 2022

Egypt’s Minister of Foreign Affairs Sameh Shoukry affirmed on Friday the importance of funding green economy sectors in order to face the challenges resulting from climate change.

Sameh Shoukry in MED
Egypt s Foreign Minister and President of COP27 Sameh Shoukry at the MED session on Friday in Rome. Photo : Egyptian Foreign Ministry


Shoukry made his remarks during a session at the eighth edition of the Rome Med – Mediterranean Dialogues conference, which are being held in the Italian capital 1-3 December.

Egypt’s foreign minister reviewed geopolitical challenges facing Egypt, including regional developments in Libya, Iraq and Sahara region in addition to the Palestinian cause and attempts to revive the peace process, Foreign Ministry Spokesman Ahmed Abu-Zeid said.

The foreign minister, who was also president of the COP27 climate change conference recently held in Egypt, also reviewed the country’s approach to negotiations during the conference to reach an agreement on launching a loss and damage fund.

He asserted that Egypt pays close attention to defending Africa's interests and promoting integration among African countries to achieve sustainable development.

Shoukry also spoke about the challenges related to food security which have been worsened by the Ukrainian crisis, stressing the necessity of international efforts to reach a political settlement to this crisis.

He also said it is necessary to work in parallel on an international mechanism to mitigate the repercussions of the crisis on developing countries.

Shoukry also reviewed Egypt’s huge capabilities as a regional energy hub and ways Egypt is ready to cooperate with the Mediterranean partners in this field.

The Egyptian foreign minister embarked on an official visit to Italy on Wednesday to enhance bilateral relations between the two countries and to attend the conference.

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