Skip to main content

Egypt to mobilize investments for climate projects ahead of COP27

The first regional forum organized by the Egyptian presidency of the UNFCCC COP27, among five forums aimed at encouraging investment in climate action, kicked off in Addis Ababa Aug. 2.
Egyptian Minister of Foreign Affairs and upcoming Chairman of the COP27 Sameh Shoukry is seen at a press conference after the May Ministerial - World Climate Leaders Meeting, Copenhagen, Denmark, May 13, 2022.

CAIRO — The first regional forum of the Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC COP27), which will be held in Sharm el-Sheikh in November, kicked off Aug. 2 in the Ethiopian capital, Addis Ababa, with the aim of encouraging investments in fields related to climate action.

Egypt’s COP27 presidency, in coordination with the United Nations, is seeking to hold five major regional forums, with the aim of “discussing climate projects and investment opportunities with investors, international financing organizations, development banks and other actors, all the while embarking on the execution of climate action projects,” a July 31 statement said.

Access the Middle East news and analysis you can trust

Join our community of Middle East readers to experience all of Al-Monitor, including 24/7 news, analyses, memos, reports and newsletters.


Only $100 per year.