Mohieldin added that creating an agriculture and food system more resilient to the impacts of the climate change requires updating databases, applying new technologies and scientific solutions and providing skills to all participants in implementing the transition process, beside pooling just and sufficient finances.
Transitioning the agriculture and food sector will not result in food security unless it happens as part of a holistic approach that balances mitigation and adaptation measures, he said during his virtual participation in the Food Security Symposium held by World Food Programme and Ministry of International Cooperation.
It also requires an immediate shift to actual implementation through pragmatic steps taken by all actors, he noted, adding that the Sharm El-Sheikh conference will prioritise the holistic approach and actual implementation of climate and environmental action.
The climate champion stressed the importance of the regional dimension of the agriculture and food sector transition. He also emphasised joint work by the same regional countries, especially as collective efforts are more effective than solo work.
In addition, he pointed out that the importance of localising the transition process of this vital sector so that it involves all participants in the implementation, including farmers and other local actors.
Mohieldin highlighted the necessity of mobilising required finances for the agriculture and food sector transition through more commitment of governments.
He also urged wider participation of the private sector in finance and implementation, including increasing public-private partnerships, creating an attractive investment atmosphere, de-risking project financing, activating debt swaps to co-invest in agriculture and food projects and establishing carbon markets that suit the priorities of the developing countries and emerging markets economies.
Egypt is set to host COP27 in the Red Sea city of Sharm El-Sheikh 6-18 November.