Dr. Rania Al -Mashat, Minister of International Cooperation, Tin Van der Straiten, the Belgian Energy Minister, met with the activities of the United Nations Climate Conference COP27 in Sharm El Sheikh, where enhancing ways of cooperation between the two countries were discussed, discussing areas of cooperation of common concern, and addressing the initiatives launched Egypt during the climate conference activities and its importance in stimulating climate work efforts.
The Minister of International Cooperation was keen to review the axes of the national platform for green projects, the “Nawvi” program, which was launched last July, and during this period coordination and discussions were strengthened and enhanced by multiple and two -party development companies, to mobilize the international community and development partners during the climate conference to sign Versenine letters and partnership agreements on providing financing for platform projects.
The Minister of International Cooperation stressed that the platform is consistent with the goals of the Egyptian Climate Conference COP27, which aims to move from the pledge stage to the implementation stage, noting that work continues regarding coordination with development partners to mobilize soft development funds and other financing mechanisms such as grants, debt exchange and investment for the private sector on The next twelve months until the next session of the Climate Conference.
The Minister of International Cooperation moved to talk about the “Sharm El Sheikh Directory for Adble Finance”, which enhances the efforts of multiple parties and international partnerships, in order to develop an international framework for innovative financing, in light of the challenges facing developing countries and emerging economies, especially the countries of the African continent in obtaining financing To achieve its ambitions in the climate agenda, in light of the exacerbation of the climate financing gap, especially after the Korona pandemic.
The joint talks between the two sides on enhancing cooperation to support the national platform for green projects dealt with the “Nawvi” program, as well as discussing the files of the ongoing development cooperation between the two sides, including the women’s empowerment projects..
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