IMF executive director to coordinate non-state efforts from businesses, investors, cities and civil society at the UN Climate Summit in Egypt later this year
The United Nations has named Dr Mahmoud Mohildin, chief economist, as a high-level climate action champion for this year's international climate talks in Egypt, where he talks about the work of non-state actors such as investors and businesses in support of the Paris Agreement. will lead the coordination. aim.
An Egyptian national, Mohieldin has over 30 years of experience in international finance and development. He is an Executive Director at the International Monetary Fund and has also been the UN Special Envoy on Financing for the 2030 Sustainable Development Agenda since February 2020.
As the high-level Climate Action Champion for COP27, which is due to take place in Sharm el-Sheikh in November, Mohieldin is tasked with helping to bridge the work of governments with the many voluntary and collaborative actions taken by cities, regions, businesses. task has been assigned. Investors and civil society on tackling the climate crisis.
He will work alongside Nigel Topping, who will continue his role as high-level climate action champion for COP26 in Glasgow at the end of last year, noting that the UK presides over the COP until the next Egypt does not hand over the reins to the UN climate summit. this year.
COP26 saw one of the largest mobilization financial commitments and collaborative actions ever seen from businesses, investors, civil society and other real economy actors on a climate in which the private sector's role in decarbonizing the economy was becoming increasingly prevalent. .
Patricia Espinosa, Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) - the body overseeing the Paris Agreement process - welcomed Mohildin's appointment, which she said was "the basis of action" in support of the global 1.5C temperature target. " was followed. Glasgow.
“I believe that Dr. Mohieldin brings together the skills, experience and commitment to build an even stronger momentum and achieve the deeper change needed to reach a zero-carbon, resilient future,” she said.
According to the UNFCCC, the focus at COP27 will be to translate the unprecedented level of support and commitments from non-state actors seen in Glasgow into immediate action that provides community resilience to emissions reductions and climate impacts.
Topping said Mohildin and Topping will work together to advance the Five-Year Plan to pursue greater ambition from businesses, investors, cities and regions to achieve a net zero, climate resilient future.
He said he was "extremely excited" to work with Mohieldin, the seventh High Level Climate Action Champion since taking the role in 2015 - "on a dynamic non-state agenda, which aims to achieve the ambition for quick government action." Running the Loop. The Goals of the Paris Agreement".