Mashat affirms necessity of addressing issue of equitable financing for development ...Egypt

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Minister of International Cooperation Rania al-Mashat has stressed the necessity of addressing the issue of equitable financing for development through a number of recommendations, foremost of which is ensuring the developing countries’ rights to equitable financing in quality and quantity, especially for lower-income countries. The recommendations also include addressing bias in the access to financing and the ability to bear costs, in addition to allocating the necessary resources to overcome challenges related to insufficient financing and distribution of funds in the sectors of mitigation and adaptation to climate change, Mashat added. The minister made the remarks as part of a speech sh

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