Next COP Host Egypt Sees Finance Key to Sustain Climate Momentum
- Developed world must act on climate finance, Al-Mashat says
- Vital to review emission targets in 2022: Denmark’s Jorgensen
Rania Al-Mashat speaks during the Bloomberg New Economy Forum in Singapore, on Nov. 17.
Photographer: Bryan van der Beek/BloombergThis article is for subscribers only.
Nations need to focus on effective climate financing for the developing world to maintain momentum after the Glasgow talks, according to Egypt, host of the next global summit.
“In order to move forward and achieve the targets we need the fuel, and that fuel is the money,” Egypt’s Minister for International Cooperation, Rania Al-Mashat, told the Bloomberg New Economy Forum in Singapore.