Mahmoud Mohieldin, UN Climate Change High Level Champion for Egypt and UN Special Envoy on Financing 2030 Sustainable Development Agenda during a meeting with international coalitions in India and Indian think tanks (Photo: Mohieldin s media office)
In a series of meetings in India, Mohieldin discussed with leading figures in the field of climate action in the South Asian country various climate action measures, including mitigation, adaptation, addressing loss and damage and financing climate projects, according to a statement released by his media office.
The climate change high level champion for Egypt has been holding meetings with officials from various countries as well as attending regional and international events to push discussions on urgent climate action in preparation for the UN climate change conference (COP27) that Egypt will host in the Red Sea city of Sharm El-Sheikh 6-18 November.
During a meeting with Amit Prothi, the director-general of the Coalition for Disaster Resilient Infrastructure (CDRI), Mohieldin stressed that adaptation measures require more government intervention as well as wider participation from the private sector.
He urged institutional investors and philanthropies to contribute more to the private sector efforts in financing adaptation measures.
Mohieldin, who is also the UN Special Envoy on Financing 2030 Sustainable Development Agenda, stressed that the issue of climate action financing to address loss and damage will be on the agenda at the COP27.
During a meeting with Ajay Mathur, the director-general of the International Solar Alliance (ISA), Mohieldin praised the efforts of the initiative to position solar power as the energy source of choice by 2030 toward climate mitigation.
The ISA initiative, which was launched by India in 2015 and joined by Egypt and 120 countries, aims to expand countries' reliance on solar energy and reduce dependence on fossil fuels.
The ISA is set to present a report on progress in the areas of developing solar power technology, solar markets and solar investments at its upcoming general assembly meeting in mid-October, Mathur told Mohieldin.
Mathur noted during the meeting that solar energy has become a cost-effective energy source, citing an 80 percent decline in its cost of production in the last decade due to new solar power technologies, the statement added.
He also reviewed the ISA's planned rich activities programs at the COP27 which aim to promote investments in solar power production.
Meanwhile, in a separate meeting, Vibha Dhawan, the director-general of the Energy & Resources Institute (TERI), told Mohieldin that climate action in India is funded mainly through domestic resources' mobilisation.
Dhawan explained that India considers developed countries financing a catalyst not a tool of realization to climate action.
Both sides agreed on the importance of setting a timeline for Just Transition that factor different countries place on the spectrum of socio-economic conditions, instead of simply imposing a Net Zero goal without short to medium term plans of how to reach this goal.
Following the meetings, Mohieldin visited the National Institute of Solar Energy Campus and the TERI Gram Campus and Laboratories.