Egypt’s Environment Minister Yasmin Fouad will lead negotiations on climate finance at the upcoming COP29 climate summit in Azerbaijan, she announced during a virtual meeting with her Azerbaijani and Danish counterparts on Saturday. Fouad held talks with Mukhtar Babayev, Azerbaijan’s Ecology and Natural Resources Minister and designated COP29 president, and Dan Jørgensen, Denmark’s Minister for Development Cooperation and Global Climate Policy, to discuss preparations for the summit. The meeting focused on enhancing the role of joint ministerial groups tasked with addressing climate issues, particularly the new collective quantified goal on climate finance. Fouad pledged Egypt’s full support to Azerbaijan in hosting COP29, building on Egypt’s experience as the previous COP president. She highlighted Egypt’s role in managing joint ministerial groups on climate issues, such as climate finance and the global goal on adaptation.

Source: Daily News Egypt August 03, 2024 15:55 UTC