09 December 2022 05:13 PM

Egypt’s Ministry of Finance issues LE100 silver coin to commemorate COP27

Tuesday، 08 November 2022 - 10:23 AM
Egypt’s Ministry of Finance issues LE100 silver coin to commemorate COP27



Egypt’s Public Treasury Department affiliated with the Ministry of Finance issued a silver coin of LE100 as a commemorative currency on the occasion of launching the Climate Summit [COP27] in Sharm El Sheikh.

The currency bears the logo of COP27 summit, and the name of the conference in both languages Arabic and English.

The currency is being sold inside the Ministry of Finance’s pavilion in the Green Zone in Sharm El Sheikh for LE750.

Egypt’s Post announced on Monday 7/11/2022, issuing a commemorative postage stamp with QR Code technology to document the COP 27 summit.

This comes within the framework of post participation in the Conference of the Parties to the United Nations Convention on Climate Change COP27 in the 27th session hosted by Egypt in Sharm El-Sheikh during the period from 6 to November 18, with official attendance and participation from 197 countries.

Egypt's Prime Minister Mostafa Madbouli stated on Sunday6/11/2022  in a press conference on the sidelines of COP 27 in Sharm El Sheikh that the Green Zone at the summit Egypt is hosting, has been extended on 12,000 square meters to accommodate the civil society.

Madbouli said that Egypt is keen on making room for everybody, and listening to all views and visions put forward by organizations, individuals, and civil society. He added that also the contribution of women and youth is highly prioritized.

Spokesman for the Foreign Ministry Ambassador Ahmed Abu Zeid said that the 27th Conference of the Parties of the UNFCCC (COP27) in Sharm El Sheikh city brings together 62,000 participants, saying this figure is the largest number recorded in climate summits.

In statements to CBC channel on Monday, the spokesman said that the summit's program covers all main issues in addition to the various events that will be organized during the summit's 12-day proceedings, including conferences and roundtables.

He said that holding the summit in Egypt constitutes a political momentum and directs the world's attention to important issues related to food and water security and the transition towards green hydrogen.

There is an international understanding of the importance of the issue of climate finance through different and innovative means for developing countries, the spokesman added.

Egypt officially took over the presidency of the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change on Sunday, which will be held until November 18, and is witnessing a wide international participation in the presence of more than 40,000 people representing around 197 countries.


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