A financing scheme that draws on funding from Western donors to help developing countries shift to cleaner power generation could be mirrored for heavy industries and other hard-to-abate sectors, Egypt's climate champion said.
Mahmoud Mohieldin
A financing scheme that draws on funding from Western donors to help developing countries shift to cleaner power generation could be mirrored for heavy industries and other hard-to-abate sectors, Egypt's climate champion said.
Extending a Just Energy Transition Partnership (JETP) structure to sectors including steel, aluminium, cement and fertilisers made sense because of new European Union rules that would otherwise penalise developing world exporters, U.N. Climate Change High-Level Champion Mahmoud Mohieldin said in an interview.
Iran, a longtime backer of the Palestinian group Hamas, confirmed on Sunday evening that it has received an official invitation to attend the high-level Gaza peace summit scheduled for Monday in Sharm el-Sheikh, Egypt. However, the Islamic Republic has yet to announce whether it will participate.
On Monday, global attention will turn to Sharm el-Sheikh, as Egyptian President Abdel Fattah al-Sisi and U.S. President Donald Trump co-chair a high-level peace summit aimed at ending the war in Gaza.
On Monday, a high-profile summit for peace in Gaza will convene in Sharm el-Sheikh, co-chaired by Egyptian President Abdel Fattah al-Sisi and U.S. President Donald Trump.
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