The ambassador added that there is a gap of finance as the African countries receive only 2 percent of the international investments in renewable energy while 600 million Africans no access to electricity. “If we looked at the climate finance pledges, they are minimal comparing to what was mobilized for COVID-19. The Challenge is not for providing or mobilizing or making available climate finance, sometimes the challenge is the political will and commitments to go beyond the cop to deliver on the ground what has been accomplished for the COPs,” he continued. As for the participation of UK King Charles III, Ambassador Nasr said that Egypt is still inviting him to attend the conference as the king is known with his advocacy for climate change. The ambassador invited new British Prime Minister Rishi Sunak to the conference, hoping that the UK doesn’t make “backsliding” on its financial pledges despite its economic crisis.

Source: Egypt Today October 27, 2022 18:57 UTC