JOHANNESBURG, Nov 22 (MENA) – The world is facing multiple, critical, and interconnected crises that “threaten decades of progress” toward achieving Sustainable Development Goals (SDGs), Prime Minister Mostafa Madbouly said in his remarks at a session held as part of the G20 Summit in Johannesburg, South Africa, set for Nov. 21-22.
The G20 can play a leading role in strengthening response to these crises, Madbouly told the session, titled, “A resilient world – the G20’s contribution: Disaster risk reduction; climate change; just energy transitions; food systems”.
He said the current global challenges, ranging from geopolitical tensions and climate change to food insecurity, water scarcity, rising debt levels, and increasing protectionist policies, “call for urgent and coordinated multilateral action,” guided by the principles of solidarity, cooperation, and shared responsibility.
Madbouly stressed that access to concessional financing, technology transfer, and capacity building are “crucial” for developing countries to effectively pursue climate action and a just transition.
Madbouly’s remarks also focused on leveraging the G20’s influence to tackle climate challenges, development finance, and food security.
Highlighting COP27 successes, the premier said the Egyptian COP27 Presidency made progress in key areas, including the Just Transition, broadly defined as ensuring that no one is left behind or pushed behind in the transition to low-carbon, the role of Multilateral Development Banks (MDBs) in climate finance, and the establishment of the Loss and Damage Fund. (MORE)
He urged G20 members to play a leading role in enhancing MDBs’ capacity to increase concessional and non-debt financing for developing nations to achieve the Just Transition.
Madbouly also urged developed nations to deliver on their climate finance and Official Development Assistance commitments.
As for food security, the premier highlighted Egypt’s efforts at the national and international levels to confront this global challenge, including hosting the Third G20 Food Security Task Force Meeting in September in Cairo, in cooperation with South Africa.
Madbouly concluded by emphasizing the G20’s privileged position to coordinate practical efforts to boost development finance, close the digital divide, and help developing nations adopt new technologies like AI, with a view to accelerating the implementation of SDGs by 2030.
Madbouly arrived in Johannesburg on Friday, leading a high-level delegation to participate in the 2025 Group of Twenty (G20) Summit on behalf of President Abdel Fattah al-Sisi. (MENA)
