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Egypt, World Bank meet on climate change

by admineconai February 17, 2022
written by admineconai February 17, 2022
1.5K

Egypt’s Minister of Trade and Industry, Nevine Gamea has reiterated the government’s resolve to enhance cooperation with its international partners with regards to climate change adaptation, green recovery and energy diversification.

Gamea made this known during a meeting with a World Bank delegation headed by Ayat Soliman, the Regional Director of the Sustainable Development Department for the Middle East and North Africa Region at the bank.

During the meeting, the two sides reviewed the developments of the report prepared by the bank in cooperation with 25 countries, including Egypt, on the effects of climate change and ways to combat it.

Read also: UN: Over 1.5 million livestock killed by drought in Africa

The minister said that the World Bank remains one of the most prominent international financial institutions with which Egypt cooperates in facing climate change with the aim of developing policies pursued by the state to overcome the climate change crisis and provide the necessary financial support for sustainable development projects.

She spoke about Egypt’s keenness to benefit from the expertise of the World Bank and its studies on climate and developing policies that are efficient in adapting to the climate change crisis during the coming period.

At the meeting, Gamea noted that the ministry was also keen to raise awareness among manufacturers and investors of the need to consider environmental conditions and climatic changes in industrial activities and to adhere to the standard specifications issued in this regard in a way that contributes to preserving the environment and human health.

“This is as well as enhancing the competitiveness of Egyptian products in various foreign markets, especially those that impose environmental conditions on its imports,” she said.

She explained that the ministry has so far paid great efforts in rationalising energy consumption, producing green hydrogen, and using agricultural waste for recycling to convert it into raw materials used in other industries.

Story was adapted from Daily News Egypt.

AdaptationClimate changeCooperationDiversificationGreen recovery
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