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.