Speakers: H.E. Dr. Yasmine Fouad, Minister of Environment | Mr. Hisham Okasha, Chairman of NBE | H.E. Dr. Amany Bou-Zaid, Commissioner for Infrastructure at the Union Commission | Dr. Hanan Morsy, Deputy Executive Secretary & Chief Economist UN Commission for Africa | Dr. Mohamed El Sobky, Former Chairman of new and Renewable Energy Authority | Mr Harry-Boyd Carpenter, Managing Director, Climate Strategy and Delivery at EBRD
The contribution of countries to climate change and their capacity to prevent it and cope with its consequences vary enormously. Climate finance is needed for mitigation, because large-scale investments are required to significantly reduce emissions. Climate finance is equally important for adaptation, as significant financial resources are needed to adapt to the adverse effects and reduce the impacts of a changing climate.
This session discussed how the regulatory ecosystem can enable the banking sector to integrate climate as well as how multilateral development banks can mobilize their resources to finance both banking and private sectors needs to affect the transition to a low carbon economy.
تختلف مساهمات الدول في العمل المناخي، كما تختلف قدراتها في منع آثار التغيرات والتعامل مع عواقبها، وهو ما يجعل للتمويل وتوفير الاستثمارات أهمية كبيرة في دعم تلك الجهود.
خلال هذه الجلسة، ناقشنا كيف يمكن للنظام البيئي أن يتعاون مع القطاع المصرفي لدعم العمل المناخي، وكذلك كيف يمكن لبنوك التنمية استغلال مواردها لتمويل احتياجات القطاع المصرفي والخاص، لتسريع عملية الانتقال لاقتصاد منخفض الكربون.
