... emissions. According to the Sixth Assessment Report (AR6) of the Intergovernmental Panel on Climate Change (IPCC), by 2020, the increase in global average temperature compared to the pre-industrial era (1850-1900) reached 1.1 degrees Celsius. However, climate change mitigation measures currently pledged by nations are insufficient to maintain the rise in the global temperature within the limits set by the 2015 Paris Agreement.
BRICS countries play a crucial role in global climate policy. Even before its expansion, the association ...
... establishing the Contact Group on Climate Change and Sustainable Development. In 2015, during the period preceding the adoption of the Paris Agreement, at the 7
th
BRICS summit in Ufa the countries emphasized in their final declaration their readiness to address climate change at both the global and national levels. Despite this declaration, the climate issue has long remained an element of dialogues and cooperation on sustainable development rather than a stand-alone item on the BRICS agenda. The climate issue ...
... bonds were intended for a portfolio of green projects in the amount of
1.9 billion dollars
. Minister of International Cooperation Rania A. Al-Mashat
announced
that the Ministry issued these bonds to attract investment in environmentally friendly ventures. Perhaps these projects will be related to
solving problems
caused by climate change and environmental pollution.
According to the Ministry of International Cooperation’s 2020
annual report
, agreements worth 9.8 billion dollars were found to finance Egypt’s sustainable development. 6.7 billion dollars went towards ...
