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Asharq Al-Awsat
Asharq Al-Awsat
World
Cairo - Asharq Al-Awsat

UN Participates in Egypt’s International Cooperation Forum

Egypt’s ministers of International Cooperation and Electricity and Renewable Energy, Dr. Rania al-Mashat and Mohamed Shaker, review the preparations for Nowfi Program and the International Cooperation Forum (Ministry of International Cooperation)

The United Nations Deputy Secretary-General, Amina Mohammed, will attend the second edition of the Egypt International Cooperation Forum, which is scheduled to be held on September 6 at the New Administrative Capital.

Amina will depart to Cairo on September 5 to attend the two-day event, which will be held as part of the preparations to host the COP27 United Nations Climate Change Conference 2022 at the Red Sea resort of Sharm El-Sheikh in November, Egypt’s official news agency MENA reported.

She will also meet with senior government officials involved in the COP27 process, the UN country team, as well as youth and civil society organizations, the UN spokesman’s office said.

According to the Ministry of International Cooperation, the event will be held under the patronage of President Abdel Fattah al-Sisi.

It is organized in cooperation with the ministries of foreign affairs and environment, as well as the UN Economic Commission for Africa.

The Ministry said in a statement on Saturday that the Forum’s objectives are in line with the upcoming climate summit’s main goal to implement commitments and the pledges in all sectors of the climate change agenda, whether it’s in adaptation, mitigation or finance, loss and damage.

The forum sets three main objectives, namely mobilizing resources and facilitating access to finance, financing the mitigation and adaptation agenda to climate change, and discussing national efforts and measures for Africa’s transformation into a Green Economy.

Minister of International Cooperation Dr. Rania al-Mashat held talks on Saturday with Minister of Electricity and Renewable Energy Mohamed Shaker.

Discussions touched on the projects included in the energy theme at the National Platform for Green Projects and Climate Action and the “Nowfi” program, as well as the steps taken so far in this regard.

The program is the link between food, water projects and energy, and aims to mobilize concessional development finance, technical support, and investments by the private sector for a package of priority green development projects within the framework of Egypt’s 2050 Comprehensive National Climate Strategy.

The two ministers discussed the continuous coordination with development partners, launching the program’s national platform with the participation of all multilateral and bilateral development partners, briefing them with the details of the projects, and engaging in discussions on cooperation proposals in each of the projects listed in the energy sector.

They underlined the importance of energy within Nowfi, in light of Cairo’s vision and goal to transform the country into a regional energy hub by implementing key development projects in the renewable energy sector.

Cairo also aims to expand the green hydrogen sector, implement legislative and structural reforms that attract foreign investment and soft development finances in this vital sector.

The efforts made since 2014 and the launching of the Sustainable Energy Strategy have contributed to attracting soft development finances and private sector investments and implementing pioneering projects such as the Benban Solar Power Plant and other projects.

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