Participants are seen in silhouette as they look at a screen showing a world map with climate anomalies during World Climate Change Conference 2015 (COP21) at Le Bourget, France, December 8, 2015. REUTERS
CAIRO - 2 October 2021: Environment Minister Yasmine Foad chaired a session on financing climate change which was held in preparation for the 2021 United Nations climate change conference (COP26).
In a statement on Saturday, her ministry said the talks tackled bones of contention with regard to financing climate change efforts, while taking into consideration the standpoints presented by countries and parties taking part in the event.
The session worked on narrowing the gap between developed and developing countries, especially as climate finance is one of the most important elements of Paris agreement for it seeks to support mitigation and adaptation actions that will address climate change.
After the session, the recommendations on mobilizing climate finance were referred to the conference's head in preparation for writing a final report to the conference.
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