According to Mohammed’s speech, in Africa alone, more than $500 billion will be required to achieve universal energy access by 2030. By then, the climate finance adaptation will constitute $440 billion. It aims to achieve sustainable, low-emission development and enhance scientific research and technology transfers in the climate change field. Mohammed pointed out that sustainable debt help during this forum will provide a link between debt issuances, and key performance indicators addressing climate resilience. She concluded her speech by saying that sustainable investment and climate finance at a pace and scale requires private investment.

Source: Egypt Today September 08, 2022 10:40 UTC