Norwegian Prime Minister praises Egyptian efforts for green transformation

Dr. Rania Al-Mashat, Minister of International Cooperation, participated in the meeting of the Leadership Council of the Global Alliance for Energy for Sustainable Development, as a founding partner of the alliance, which includes in its membership the Rockefeller Foundation, IKEA Foundation, Amazon Foundation, many international institutions and government representatives, as part of the activities of the meetings of the 77th session of the General Assembly. to the United Nations in New York, where the meeting was chaired by Jonas Jahr, Norwegian Prime Minister, and Rajih Shah, CEO of the international non-profit Rockefeller Foundation.

The Global Alliance for Energy for Sustainable Development, launched today, aims to expand the equitable transition to sustainable energy around the world, and to keep the Earth’s temperature below 1.5 degrees, through cooperation among international leaders, and to promote joint action among relevant parties from Non-profit institutions, governments in emerging and developed economies, technology companies and international financial institutions, with the aim of driving the transition to a green economy, especially in developing countries, as well as enabling access to sustainable energy to achieve inclusive, equitable and sustainable economic growth.

The alliance sets goals, including creating 150 million jobs over the next decade, reducing 4 gigatonnes of carbon emissions, expanding access to clean energy for about one billion people globally, by creating the right environment, stimulating private sector participation, and supporting innovative solutions through entrepreneurship. , in collaboration with non-profit organizations such as the Bezos Earth Trust, the IKEA Foundation, and the Rockefeller Foundation.

In the opening speech delivered by Jonas Gahr Store, Norwegian Prime Minister, he stressed that successive global crises are slowing down the pace of progress towards a comprehensive and equitable transition to clean energy, as the war in Ukraine, the global energy crisis and rising temperatures have exacerbated the situation and increased challenges, pointing out that With COP27 approaching, the situation is more urgent than ever to accelerate climate action and support emerging countries to implement projects to reduce emissions and expand clean energy.

He also praised Egypt’s commitment to achieving the transition to a green economy and promoting climate action and sustainable energy, pointing to the close partnership with the Norwegian private sector and the Egyptian government represented by the Norwegian Scatec Company to expand renewable energy and green hydrogen projects.

During her speech at the meeting, the Minister of International Cooperation stressed the importance of mobilizing international efforts through multilateral cooperation to advance the climate action agenda that is consistent with the sustainable development goals, and Al-Mashat focused on the role of non-profit organizations in cooperation with international financial institutions in providing the soft funds needed to help economies Emerging and developing countries in achieving a just transition to a green economy.

The Minister of International Cooperation also reviewed national efforts to promote climate action and stimulate the transition from climate pledges to implementation in conjunction with Egypt’s presidency of the COP27 climate conference, where the national platform for green projects, the “Noufy” program, was launched, which is based on the relationship between the water, food and energy sectors, and pointed out that The “Noufy” program is a practical application of multilateral partnership, as it brings together development partners, the private sector, the Glasgow Financial Alliance GFANZ, and non-profit institutions in order to provide development finance, technical and technological support, capacity building and stimulate private sector investments for the list of projects covered by the platform, explaining that the program It is a viable model in emerging and developing economies.

The coalition is chaired by the Norwegian Prime Minister, in partnership with Rajiv Shah, President of the Rockefeller Foundation, and includes, along with Dr. Rania Al-Mashat, Minister of International Cooperation, Achim Steiner, Administrator of the United Nations Development Program, Ajay Mathur, Director General of the Global Solar Alliance, and Akinwumi Adesina, President of the African Development Bank, Andrew Steer, President of the Bezos Earth Fund, Annie Vinocani, Chairman of Bank of America, Borgy Brende, President of the World Economic Forum, Damilola Ogunbeye, Special Representative of the United Nations Secretary-General for Sustainable Energy for All SEforALL, and David Malpass, President of the Group The World Bank, Fatih Birol, Executive Director of the International Energy Agency, Francisco La Camera, Director General of the International Renewable Energy Agency, Jonathan Berman, President of the DRE Fund, and Jules Kortenhorst, CEO of RMI, along with representatives from Tufts University, USAID, and the World Bank American Development, British Investment Corporation, Former Executive Secretary of the United Nations Framework Convention on Climate Change, IKEA Foundation, Minister for Environmental Transformation Italy, the United Nations, and the European Investment Bank.

Rania Al-Mashat, Minister of International Cooperation, is participating in the meetings of the 77th session of the United Nations General Assembly, which is being held in New York, under the slogan “Solutions through Solidarity, Sustainability and Science”, amid unprecedented global repercussions due to the Russian-Ukrainian crisis, and the economic effects of the Corona pandemic, where she discusses The meetings dealt with a number of important issues that concern the international community, on top of which are food insecurity, the energy price crisis, and global supply chain disruptions.

It is worth noting that the Ministry of International Cooperation, in cooperation with the Ministries of Foreign Affairs, Finance and Environment, and the United Nations Economic Commission for Africa, organized the Egypt-ICF2022 Forum, in its second edition, and the meeting of African Ministers of Economy, Finance and Environment, under the auspices and presence of President Abdel Fattah El-Sisi. , where it witnessed a high-level international and regional presence from United Nations organizations, heads of international financial institutions, and the private sector. With the participation of more than 23 African governments, about 20 discussion sessions, workshops and round tables were held on unifying messages and visions, to mobilize the efforts of the international community to support the climate agenda in the continent of Africa, and to prepare for the “Finance Day”.

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