Egypt to begin second phase of universal health insurance in Minya    Madrid trade talks focus on TikTok as US and China seek agreement    Egypt hosts 4th African Trade Ministers' Retreat to accelerate AfCFTA implementation    Egypt's Investment Minister, World Bank discuss strengthening partnership    El Hamra Port emerges as regional energy hub attracting foreign investment: Petroleum Minister    Power of Proximity: How Egyptian University Students Fall in Love with Their Schools Via Social Media Influencers    Egypt wins Aga Khan Award for Architecture for Esna revival project    Egypt's Sisi, Qatar's Emir condemn Israeli strikes, call for Gaza ceasefire    Egypt's gold prices hold steady on Sep. 15th    EHA launches national telemedicine platform with support from Egyptian doctors abroad    Egypt's Foreign Minister, Pakistani counterpart meet in Doha    Egypt condemns terrorist attack in northwest Pakistan    Emergency summit in Doha as Gaza toll rises, Israel targets Qatar    Egypt advances plans to upgrade historic Cairo with Azbakeya, Ataba projects    Egyptian pound ends week lower against US dollar – CBE    Egypt hosts G20 meeting for 1st time outside member states    Lebanese Prime Minister visits Egypt's Grand Egyptian Museum    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt launches national consultations with World Bank Group on climate action
'Our strategic partnership with World Bank aims to review national efforts to combat climate change,' says Al-Mashat
Published in Daily News Egypt on 26 - 09 - 2021

Rania Al-Mashat, Minister of International Cooperation, and Yasmine Fouad, Minister of Environment, launched national consultations with the World Bank Group (WBG) to discuss the general framework for climate action and the preparations for the climate and development report for Egypt.
The meeting took place in the presence of ElSayed Elkosayer, Minister of Agriculture and Land Reclamation; Ayat Soliman, Regional Director of the World Bank Group's Sustainable Development Department for the Middle East and North Africa (MENA) region; and Mrs. Marina Wes, Regional Director of the World Bank office in Egypt, Yemen, and Djibouti.
The meeting witnessed the participation of representatives of many ministries and stakeholders, including ministries of trade, industry, transport, petroleum and mineral resources, irrigation, local development, planning and economic development, agriculture, housing, health, electricity; along with representatives from the Agricultural Research Center (ARC), the Egyptian Natural Gas Holding Company (EGAS), and several other national institutions.
Al- Mashat stated that the World Bank Group is one of Egypt's strategic development partners, noting that the current consultations involving line ministries and stakeholders aim to identify the government's priorities with regard to preparing the climate and development report for Egypt. The report aims to identify the national mechanisms for assessing the effects of climate change on the economy and monitoring the steps taken to adapt to it in order to enable the government to evaluate and follow up these efforts in cooperation with the WBG.
The Minister of International Cooperation elaborated that multi-stakeholder consultations are necessary to prepare the aforementioned report, especially since climate change has cast a shadow on various development sectors, namely agriculture. Al-Mashat noted that a national committee will be convened to encompass line ministries and stakeholders to resume discussions on the priority sectors that the report shall focus on.
Minister Al-Mashat praised the successful partnership between Egypt and the World Bank Group, which supports national efforts to achieve development in many areas, including transport, housing, utilities, environment, and health, among many others. The Minister highlighted the value of the development financing agreements signed with the WBG in 2020, which amounts to $1.5 bn. These agreements testify to the Ministry of International Cooperation's efforts to consolidate economic relations with multilateral and bilateral development partners to support Egypt's Vision 2030 and accelerate the implementation of the UN's 2030 Sustainable Development Goals (SDGs).
The Minister of Environment said that her Ministry is currently preparing to launch the National Strategy for Adaptation to Climate Change and Disaster Risk Reduction with the support of state ministries and the Green Climate Fund, which aims to attract investments to engage the private sector in climate action plans.
The Minister of Environment added that curating a climate action plan with the WBG will entail the recognition of the national priorities and the gaps in linking climate change to the economy, whereby the impact of climate change on economic sectors could be determined and the government could take the appropriate measures through policy making and allocating financial resources to different projects.
The Minister of Agriculture said that the agricultural sector is the most affected by climate change and its harmful effects, pointing out the need to determine the magnitude of the challenges facing each sector and the expected effects of climate change before laying down priorities.
Ayat Soliman, Regional Director of the World Bank Group's Sustainable Development Department for the Middle East and North Africa (MENA) region, stressed the importance of consultation and discussion with various sectors to highlight the opportunities to catalyze climate investments in response to climate change across all development sectors. Soliman also noted that climate change poses a threat to all countries, which requires collective effort by all stakeholders to advance Egypt's sustainable development plan, including combating climate change.
Marina Wes, Regional Director of the World Bank office in Egypt, Yemen, and Djibouti, noted that the World Bank Group seeks to support national efforts in terms of climate action, given the importance of these initiatives to enhance national and regional development efforts led by Egypt.
The ongoing development cooperation portfolio between the Ministry of International Cooperation and the World Bank Group includes 17 projects worth $5.8bn to support various sectors, including education, health, transportation, social solidarity, petroleum, housing, sanitation, local development and the environment.


Clic here to read the story from its source.