Mahmoud Mohieldin, Egypt s climate champion, speaks with The Associated Press at the COP27 U.N. Climate Summit, Monday, Nov. 14, 2022, in Sharm el-Sheikh, Egypt. AP
Mohieldin made the remarks during a speech that he delivered on Thursday at a multi-stakeholder forum on just transition toward sustainable urban transportation.
The forum was held as part of the activities of the Solutions Day at the 2022 UN Climate Change Conference COP27 in Sharm El-Sheikh.
The event was attended by Transport Minister Kamel El-Wazir, Environment Minister Yasmine Fouad, and a number of relevant ministers from different world countries.
The climate champion stressed the need to find urban transportation solutions that are designed and suitable for developing countries.
He also underlined the necessity of injecting further investments in the sector of infrastructure to make cities more resilient in the face of climate change.
Furthermore, he shed light on the "Sharm El-Sheikh Adaptation Agenda," which focuses on achieving resilience for cities as part of a holistic approach on food security and water resources management.
Mohieldin also underscored the importance of investing in local communities through introducing appropriate financing systems for development and climate.
He warned against limiting climate action to cutting emissions, stressing that countries needed to make additional efforts in climate adaptation and take practical steps for countering Loss and Damage.
Moreover, the climate champion emphasized the importance of activating debt reduction mechanisms and debt-for-nature swaps, pointing out that the present system of finance needs to be overhauled.
In this context, Mohieldin called for reforming multilateral systems, which could contribute to financing sustainability in a better way.