business

Egypt launches the “A decent life for Africa resilient to climate change” initiative during Cop27


The Ministry of Planning organizes the Egyptian Solutions Day during the conference activities, and launches the “Friends of Greening the National Budgets of African and Developing Countries” initiative

The activities of the 27th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change in 2022, COP27, which was held in Sharm El-Sheikh from 7-18 November, was launched today, in the presence of a number of world heads of state, and a wide international participation in the presence of more than 40,000 people representing about 190 countries, and dozens of international and regional organizations.

During the conference activities, Egypt will launch the “A decent life for Africa resilient to climate change” initiative. The main agenda of the Ministry of Planning and Economic Development during the conference activities includes the launch of the “Friends of Greening National Budgets for African and Developing Countries” initiative, as well as the organization of the Egyptian Solutions Day, which concludes activities The cop27 conference, as well as the launch of the presidential green hydrogen project, and the ministry organizes many side events during the conference activities.

Dr. Hala Al-Saeed, Minister of Planning and Economic Development, will also hold a number of bilateral meetings, and her Excellency will participate in a number of main and side events on the sidelines of the Conference of Parties. The Minister’s agenda includes her participation today in the launch of the second session of the International Art Forum, which was launched by Randa Fouad, President of the Fine Art Foundation. international development.

Her Excellency will also participate in Bayoumi World Leaders Summit in its side events, including an event entitled: “When will leaders lead? The state’s role in mobilizing and directing financing for climate and health” in the Scottish Pavilion, and she will also meet with the CEO of AstraZeneca during the activities of the first day of the summit. Her Excellency, the Global General Manager of McKinsey & co, as part of the activities of the second day of the summit. Al-Saeed also participated in the side event held under the title “Tackling Climate Change through the Food Security Response Program of the Islamic Development Bank Group”.

The agenda of Hala Al-Saeed’s participation on the “Finance Day”, corresponding to November 9, includes participation in the BEBA Business Forum: The Road to a Green Economy, as well as participating in the side event held under the title “Accelerating the Sustainable Development Goals through Sovereign Wealth Funds”, as well as the side event entitled “Decarbonization”. From Africa and the perspective of the Egyptian Stock Exchange”, as well as its participation in the event “Investment and Financing Accelerating Sustainable Development in the “Net Zero” Scenario”.

The same day will also witness the meeting of Hala Al-Saeed and the Director of the Environment Institute (YUF Minnesota), as well as a meeting with the Vice President of the World Bank, Jorge Familer, and the Ministry of Planning and Economic Development is also scheduled to hold three side events during the day, on the National Initiative for Smart Green Projects, and another on financing the removal of Carbon: From removing risks to shaping Public-private cooperation, and an event entitled “Voice of Africa: Meeting the Heads of African Sovereign Funds.” Egypt’s Vision 2030, and the UN Sustainable Development Goals, as it aims to create wealth for future generations by maximizing the return on untapped state assets transferred to the Fund, as well as attracting direct investments from home and abroad, in addition to investing in important sectors of the Egyptian economy such as localization and deepening of industry, technology and digital transformation. Water desalination, new and renewable energy, in order to create pioneering local entities in various fields.

The activities of the Youth and Science Day, corresponding to November 10, include Dr. Hala Al-Saeed’s meeting with Mr. Eric Holcomb, President of the State of Indiana, as well as a meeting with the Climate Solutions Foundation, as well as her participation in the event “USAID, Federation of Egyptian Industries – Technical Education for Climate Change (Job Creation). green)”, as well as a side event on “Global GST Assessment – Climate Data”.

During the activities of the Decarbonization Day, corresponding to November 11, Dr. Hala Al-Saeed, Minister of Planning and Economic Development, is scheduled to participate in an event: The Commercial International Bank on the role of financial institutions in sectoral decarbonization. Her Excellency will also hold a meeting with the Vice President of Cisco and his team, in addition to participating With the event “Decarbonizing Marine Shipping – OCI, Fertiglobe”.

On the 12th of Adaptation and Agriculture Day, the Ministry of Planning and Economic Development will launch the “A decent life for Africa resilient to climate change” initiative. -27 (FEI).

The Ministry of Planning and Economic Development holds several events, during Gender and Water Day, including an event on the National Initiative for Smart Green Projects, as well as a side event on water infrastructure and water desalination, as well as an event entitled “Vision 2030 – the United Nations Human Settlements Program”. Dr. Hala Al-Saeed will also participate during the festivities of the same day with the event “Covid 19 and Climate Change: Women at the Center of Planning and Response”, and she will also hold a meeting with Maimouna Mohamed Sharif, Under-Secretary-General and Executive Director of the United Nations Human Settlements Program.

The activities of Energy Day, corresponding to November 15, will witness the signing of the Green Hydrogen Agreement ceremony, and Dr. Hala Al-Saeed will participate in the “META/Sustainable Energy for All – Fireside” event.

And about the Solutions Day, which is scheduled to be organized by the Ministry of Planning and Economic Development at the conclusion of the COP27 conference, the launch of the “Greening National Investment Plans” initiative will witness the launch of the EgyCop-Private program to finance mitigation in emerging economies, as well as the Rural Development Project (Faris Village) in cooperation with Econsult. .

The Ministry is also organizing an event on the National Initiative for Smart Green Projects, and an event entitled “Building an Environmentally Friendly Business: From Startups with Climate Impact to Enterprises.” Today’s activities are concluded with a “Solutions Day – the conclusion of the leadership dialogue.” Dr. Hala Al-Saeed will participate in an event on “IBM” Challenges for CEOs globally and in Africa.

Related Articles

Back to top button