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Minister of Environment discusses funding climate projects by GCF - Daily News Egypt

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Minister of Environment discusses funding climate projects by GCF

Fouad renewed support for making Sharm El-Sheikh a green city 


The Minister of Environment, Yasmine Fouad, discussed on Wednesday with Yannick Glemarec the executive director of the Green Climate Fund (GCF), the mechanisms of funding a number of priority projects in Egypt and African countries.

The meeting reviewed obstacles which African countries are facing in order to get financing from the fund. Discussions also stressed the need to consider the views of developing countries in the preparation of the strategic plan of the fund.

Fouad stressed that the integrated coordination of the three international environmental conventions on climate change, desertification and biodiversity, is imperative to achieve the goals of sustainable development. 

The GCF was established to support low-emissions and climate-resilient development in developing countries. It is part of the financial mechanism of the United Nations Framework Convention on Climate Change (UNFCCC), and serves the Paris Agreement. 

On Tuesday, the minister of environment, reviewed the ministry’s plan for developing the protected areas, especially the Blue Hole area in south Sinai. In a meeting with the Governor of south Sinai, Khaled Fouda, the minister discussed the plan of developing the region because of its touristic importance. 

The plan includes the management of marine activities in two regions in terms of map distribution of marine activities and capacity of the two areas of visitors, and the inventory and legalisation of the existing cafeterias in the region.

Fouad renewed her ministry’s support for making Sharm El-Sheikh a green city in a project funded by the United Nations Development Programme (UNDP) to set a model of the sustainable city. The UNDP will also find international funds for Egypt. 

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