16 January 2019 05:43 AM

Minister: Egypt sought 'balanced' agreement on UNFCCC finance

Saturday، 15 December 2018 - 12:14 PM

Minister of Environment Yasmine Fouad said Friday 14/12/2018 Egypt's co-chairmanship of a panel tasked with leading negotiations regarding the finance of the United Nations Framework Convention on Climate Change (UNFCCC) will ensure a balanced agreement taking into account the rights of both the developing and developed countries.

Egypt and Germany led the negotiation meetings.

"Such a step is necessary for the climate change measures and mechanisms to be put into effect", said Fouad in a statement.

The rich countries have to fulfill their obligations under the Paris Agreement, she asserted.

MENA

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