African nations push for more climate finance ahead of COP

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African ministers meeting in Cairo two months ahead of the COP27 climate summit called on Friday for a sharp expansion of climate financing for their continent while pushing back against an abrupt move away from fossil fuels.

Egypt, an oil and gas producer considered highly vulnerable to climate change, has positioned itself as a champion for African interests as it prepares to host the summit in Sharm el-Sheikh in November.

The role of gas in the transition to cleaner energy is set to be a key point of contention at COP27. Climate activists say it needs to be quickly phased out and replaced with renewables. The communique also called for focusing on climate change in a review of multilateral development banks and international financial institutions.

 

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