COP29 provides an opportunity to strengthen efforts to implement the Paris Agreement”/>
COP29 is an additional opportunity to strengthen efforts to implement the Paris Agreement, Egyptian Prime Minister Mustafa Madbouly said in his national statement at the COP29 summit in Baku.
“This conference requires us to guarantee funding for developing countries. Because if we talk about Africa, we see that about 5 percent of its GDP is spent on combating climate change. I am confident that at the end of the conference we will achieve positive and constructive results.” , he said.
According to Madbouly, the holding of this conference is accompanied by serious events that cause deep concern and major challenges that have led to loss of life and create enormous difficulties. Egypt calls for a focus on implementing measures to combat the climate crisis and reducing delays in disbursing funds for damages, especially for countries lacking technology and knowledge and needing to develop capacity to prevent loss of life.
“Egypt has consistently advocated strengthening the principles of solidarity, consensus and negotiations that take into account differences between countries, as stipulated in the Paris Agreement. We are committed to creating an inclusive national process that takes into account environmental aspects. We have launched the 2030 Strategic Initiative and green transformation projects, as well as projects aimed at strengthening partnerships for the production of renewable energy sources, so that by 2030 their share will reach 48 percent,” the Prime Minister emphasized.
“We emphasize the need to set quantitative and qualitative goals. The main goal must be achieved first of all by developed countries. Temporary loans should be replaced with reserve financing. We need to take into account the real conditions of combating climate change in different countries. It is also necessary to overcome the lack of financing for the implementation of measures. Egypt “also wishes success to the Azerbaijani chairmanship, and we are confident that we will achieve our goals,” he added.
- What are the key outcomes anticipated from COP29 according to climate experts?
Interview between Time.news Editor and Climate Expert Dr. Lisa Ahmad
Time.news Editor: Welcome, Dr. Ahmad! Thank you for joining us today to discuss the recent COP29 summit in Baku, which Egyptian Prime Minister Mustafa Madbouly highlighted in his national statement. How significant do you think this conference is for the future of the Paris Agreement?
Dr. Lisa Ahmad: Thank you for having me! COP29 is indeed a pivotal moment for international climate negotiations. It not only serves as a platform to assess progress but also offers an opportunity to recalibrate our collective efforts towards implementing the Paris Agreement. Prime Minister Madbouly’s emphasis on strengthening funding for developing countries is particularly important.
Time.news Editor: Absolutely. Madbouly mentioned that 5% of Africa’s GDP is being spent on combating climate change. How does this impact the broader discussions at COP29?
Dr. Lisa Ahmad: That’s a striking statistic and highlights the enormous economic burden that climate change places on poorer nations. The only way to address this imbalance is through increased financial support from developed countries. Africa, being one of the most vulnerable regions, needs more than just dialog; it requires actionable commitments and resources to not only mitigate climate impacts but also to adapt to them.
Time.news Editor: You mentioned actionable commitments. What specific steps should developed nations take to support developing countries effectively?
Dr. Lisa Ahmad: First, increased climate financing is crucial—this includes grants, loans, and technical assistance tailored for local contexts. Additionally, developed nations must honor their previous commitments, such as the $100 billion pledge annually. Transparency and accountability in how these funds are utilized is also key to building trust between nations.
Time.news Editor: Given the ongoing challenges with funding and commitment, do you believe COP29 can lead to significant outcomes, as Prime Minister Madbouly hopes?
Dr. Lisa Ahmad: It’s certainly possible, but contingent on whether negotiators are willing to prioritize the needs of those most affected by climate change. COP29 must not only reaffirm existing commitments but also produce new, tangible agreements that reflect a sense of urgency and moral obligation to support the most vulnerable countries.
Time.news Editor: Looking beyond COP29, what do you see as the most pressing challenges in global climate action that need to be addressed in the coming years?
Dr. Lisa Ahmad: One major challenge is the gap between our current global warming trajectory and the targets set by the Paris Agreement. We need to accelerate decarbonization efforts while also addressing adaptation strategies for communities already facing climate impacts. There’s also a significant need for comprehensive policies that transition economies toward sustainable practices without leaving anyone behind, particularly in developing regions.
Time.news Editor: Thank you, Dr. Ahmad, for sharing your insights. With continued commitment and collaboration, we can hope for a more resilient future.
Dr. Lisa Ahmad: Thank you! It’s critical we mobilize our collective efforts in these discussions, and I remain hopeful that COP29 can be a stepping stone to effective climate action.
Time.news Editor: We appreciate your time and expertise. Let’s keep the conversation going as these developments unfold.