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Climate finance must be fairer for emerging economies: Finance Minister

Climate finance must be fairer for emerging economies: Finance Minister

Ahmed Kouchouk, Minister of Finance, stated that climate finance must become fairer for emerging economies and more closely aligned with national development priorities. He said Egypt supports expanding the use of guarantees, blended-risk structures, and hedging instruments to unlock private capital. He added that Egypt also backs the re-channelling of Special Drawing Rights (SDRs) through [...]The post Climate finance must be fairer for emerging economies: Finance Minister first appeared on Dailynewsegypt.

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