Egypt lobbies for African climate finance, continued fossil-fuel use

Egypt pushes green finance for Africa alongside continued oil + gas exploration: Oil minister Tarek El Molla repeated the call for more climate finance to African countries ahead of COP27 in Sharm El Sheikh, while also stressing “the right of African countries to exploit their natural gas and petroleum resources as part of a just transition,” according to a ministry statement. El Molla made the comments during a forum on African economies and energy attended by the energy ministers of 11 African countries, at S&P Global’s CERAWeek energy conference in Houston, Texas.