وزارة التعاون الدولي: 13 أبريل 2023 د

وزارة التعاون الدولي: 13 أبريل 2023 د 41233
 
وزارة التعاون الدولي: 13 أبريل 2023 د. رانيا المشاط وزيرة التعاون الدولي تُشارك في جلسة نقاشية لصندوق النقد الدولي حول أمن الطاقة وتمويل المناخ ضمن اجتماعات الربيع • وزيرة التعاون الدولي: مصر عملت على تحويل التعهدات إلى التنفيذ خلال مؤتمر المناخ COP27 • إطلاق صندوق الخسائر والأضرار خطوة . More A statement issued by the Ministry of International Cooperation: April 13, 2023 D. Rania Al-Mashat, Minister of International Cooperation, participates in a IMF panel discussion on energy security and climate finance within the spring meetings • Minister of International Cooperation: Egypt worked on turning commitments into implementation during the COP27 climate conference • The launch of the Losses and Damages Fund is an important step to support the countries most affected by climate change • “Sharm El Sheikh’s Fair Funding Guide” contributes to closing the information gap on climate financing and identifies key recommendations to ensure the benefit of developing countries • Egypt set an example to the continent and developing countries by launching the “Noufi” program We signed the first agreements to implement the energy axis projects. Dr. Rania Al-Mashat, Minister of International Cooperation and Governor of Egypt at the World Bank Group, participated in a discussion session organized by the International Monetary Fund on “Energy Security and Climate Finance”, as part of her participation in the 2023 spring meeting of the World Bank and IMF in Washington, US capital, alongside Mr. Bou Li, Deputy Director General To the IMF, Mr Tim Gold, of IEA Energy, Mrs Kampita Sainzoga, Executive Chairman of the Development Bank Rwanda, Mr Daniel Yergen, Vice President of the Standard and Purs International, the session was led by Ms Michelle Flory of the BBC British. Egypt hosted and chaired the COP27 climate conference, Dr Rania Al-Mashat, Minister of International Cooperation, said during the panel, the key aim and slogan of the conference was to stimulate the transition from climate commitments to implementation, amid continued talk of commitments made by developed and emerging countries that have not yet been fulfilled At $100 billion annually, Congress worked to translate these commitments into feasible projects to stimulate climate action and support sustainable development efforts. Developing countries are often accused of unprepared to receive climate funding and lack of clear and clearly formulated projects to attract private sector investment, the Minister of International Cooperation clarified, so the conference worked to highlight Africa’s efforts through its nationally defined strategies and contributions to attract private sector investments. Climate finance. All relevant parties are required to play a clear and specific role in stimulating climate financing, both from governments, the private sector and development partners, as well as non-profit organizations with vast resources that could serve as a driver to implement climate ambitions and attract the private sector, the International Cooperation Minister confirmed, adding that The international community agreement to launch the Damage Fund is one of the highlights of the climate conference and a major development in the world’s walk to address climate change, in light of what the lowest-income countries suffer from the disaster losses caused by climate change. CONTINUED: Among the initiatives launched by the Egyptian presidency for the climate conference is the “Sharm El-Sheikh Guide to Fair Funding,” which has been prepared over the year from the Glasgow climate conference to the Sharm El-Sheikh conference, in collaboration with more than 100 development partners, investment, commercial banks, non-profit and private sector organisations, to determine the accountability of all Relevant parties to maximize benefit from climate financing and ensure fair access to funding by developing countries and emerging economies. The Sharm El Sheikh Fair Funding Guide aims to translate commitments into feasible projects as well as to stimulate and motivate the utilization of needed funding and investments to support the climate agenda, adding that the guide provides a roadmap through which developing countries and emerging economies can translate commitments into investable projects, and presents a practical guide to funding Innovating climate, taking advantage of the relative advantage of relevant parties, and advancing effective co-ordination mechanisms. She added that the Sharm El-Sheikh Fair Fund Guide sets out 12 key principles that represent a framework to guide relevant parties towards adopting innovative climate financing mechanisms and methods, and also contributes to bridge the information gap by providing a map of climate finance providers, risk acceptance, regional and sectoral focus, funding tools, and determining key recommendations And an actionable agenda to determine the roles of all relevant parties to access equitable funding. The Minister of International Cooperation said that in order to translate commitments into feasible projects, Egypt has set out a practical and model guide for African countries, based on key principles of state ownership, based on its national priorities and strategies, clarity, commitment and transparency, clarifying that in the light of the importance of food, water and energy security, the platform was launched The National Green Projects program “Noufi”, the hub of water, food and energy, features clear and ambitious projects aimed at mobilizing various financing mechanisms and private sector investments, as well as swapping debt for climate action, for the first time to support Egypt’s green transformation efforts, under the auspices of the National Climate Change Strategy. The power hub of the program aims, converting thermal power plants into renewable energy, by implementing 10-Gigawatt wind power projects to replace 5-MGawatt thermal fuel plants, in light of the national sustainable energy strategy through which the country is seeking to convert to energy Clean, saving some 5.25 million tonnes of CO2 emissions annually, the first projects the private sector in collaboration with development partners were recently signed. She emphasized that in order to empower countries to deliver on their commitments, ownership of national plans and priorities coherence with national goals is of the utmost necessity, as well as transparency and clarity in project formulation, it is also imperative that the international community and international institutions consider debt sustainability to alleviate the burden of developing countries and emerging economies to stimulate Her journey to development

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