BAKU, Azerbaijan, March 13. There are
differences between the Global North and the Global South that
sometimes complicate coordination. However, it is necessary to
recognize and use these differences to form a common approach to
solving climate problems, said Sameh Shoukry, former Egyptian
Foreign Minister and COP27 President, Trend reports.
He made the remark at the panel discussion “Beyond Negotiations:
The Fight for COP Sustainability” as part of the 13th Global Baku
Forum on "Bridging Divides in a World in Transition."
Sameh Shoukry stated that achieving collective financing of $300
million is a significant success, but it is important to be
realistic about its long-term impact.
"History shows that expectations do not always match reality, so
it is important to plan with these limitations in mind. At the same
time, I am confident that the potential for economic growth through
the transition to sustainable energy is great, and this direction
points the way to the future," he said.
Furthermore, he noted that the successful implementation of
climate measures requires access to financial resources to expand
efforts to mitigate the effects of climate change and adapt to
it.
