Dr Mahmoud Mohieldin, UN Climate Change High Level Champion for Egypt ,confirmed that youth represent an essential factor of shaping plans and also implementing climate action.
Mohieldin said, in “Increasing access to climate finance for non-state actors” session within the activities of Abu Dhabi Sustainability Week, that COP27 in Sharm El-Sheikh witnessed the first Youth and Children pavilion on the level of COPs, beside the participation of a big number of youth and children that have inspiring ideas in the fields of nature and climate.
Mohieldin stated that climate action generally requires a leadership that can make hard decisions, scientific and technological solutions, and sufficient and just finance for climate projects, explaining that UAE leadership provides a leading model as it benefits from the lessons of the past and looks forward to the future to build a flowering present in all fields.
He stressed out the importance of science and technological solutions in the field of climate, saying that scientific solutions contributed to the increasing and diversity of renewables projects and they led to the rise of investment in these projects.
The climate champion said that financing climate action must considerate debt reduction in developing countries so that they can achieve their climate targets, finding investable and bankable projects, and this what the Five Regional Roundtables Initiative launched by Egypt presidency of COP27, UN regional economic commissions and HLCs succeeded to do, beside the necessity of activating innovative finance instruments and pushing funds in the most-needed fields of climate action.