Latest in Tag: COP27 Highlight
Latest in Tag: COP27

Egypt seeks to activate outputs of COP27 during G20 Summit in 2023: Foreign Ministry
Raji Al-Itribi, Egyptâs representative to G20, and Assistant Foreign Minister for Multilateral,

We thank Egypt for hosting COP27, 3M champions need for science-based innovation to address climate change: Director
The company took part in the UN Conference of Parties on Climate Change (COP27) in Sharm El-Sheikh to showcase its solutions to help its customers drive the systemic change needed to advance climate solutions and adapt to a changing environment.

COP27 was most important negotiating event in the world: Egyptâs Foreign Minister
Shoukryâs statements came during a speech at a meeting with the Foreign Relations Committee in the House of Representatives on Sunday to present the negotiations that took place at the CO27.

Al-Sisi reviews COP27 outcomes in terms of green transformation finance
Total financing packages of $10.3bn were signed in COP27: Al-Mashat

Novartis Egypt supports COP27, showcases commitment to water, energy saving
With the participation of the Ministry of Environment represented by Ahmed Hafez, Head of the Central Administration for Inspection and Environmental Compliance, and Ahlam Farouk Ammar, Head of the Central Administration for the Protection and Improvement of Industrial Environment and Energy, Novartisâs Water Panel discussion shed light on its efforts championing climate action and showcasing on-ground progress.

COP27 Loss and Damage Fund a down payment on climate justice: Greenpeace
Yeb Saño, Executive Director of Greenpeace Southeast Asia and Head of the Greenpeace delegation attending the COP said: âThe agreement for a Loss and Damage Finance Fund marks a new dawn for climate justice. Governments have laid the cornerstone of a long overdue new fund to deliver vital support to vulnerable countries and communities who are already being devastated by the accelerating climate crisis.â

After COP27, property developers seek to incorporate green building standards in their projects
Several property developers join âSustainable Communities Initiative: Building for Better Livesâ

COP27 comes to historic conclusion on loss and damage financing
Additional contributions totaling more than $230m were made to the Adaptation Fund

COP27âs results testify to collective will to confront climate change: Egyptâs FM
Establishment of Loss and Damage Fund is a historic achievement

CIB participates in IFAD’s session on âClimate-Smart Agriculture and De-riskingâ at COP27
Around $379tn in global funds available, of which 1% is enough to address SDG Gap, inclusive of adaptation finance, said Abdel Kader

Egyptâs Environment Minister announces COP27 sustainability plan
About 70% of the electricity at the COP27 was covered by renewable energy sources

Implementation mechanisms for the damage and loss agenda must be put in place before COP28: Dominican Republic
She stressed in a statement to Daily News Egypt on Saturday the importance of agreeing on the main points of implementation mechanisms before reaching the COP28.

COP27 agrees on âLoss and Damage Fundâ for climate change-affected countries
The source explained that an agreement was reached “on the creation of a special fund dedicated to losses and damage, which directs funds to the most vulnerable countries to climate change.

We call on all parties to work to reach a consensus and seek to build capacity: COP27 President
There is an overwhelming desire to reach a fair climate agreement

EIB announces new support for Egyptâs own green transition at COP27
The COP27 offered an opportunity for the EIB to cement cooperation and joint projects, including newly announced cooperation with Egypt in financing the NWFE programmeâs pillars. Additionally, the European Investment Fund, which is part of the EIB Group, announced new financing that will support climate action investment with âŹ2.5bn.

Irrigation Minister launches âFood and Agriculture Initiativeâ during COP27
Agricultural sector consumes about 80% of water resources in MENA regionÂ

Pakistan prioritise green investment to mitigate climate change impacts: Ahsan Iqbal
Pakistan, he said was contributing less than 1% to global warming but still, it was among the top seven countries which were vulnerable to climate change risks.

COP27 Parties remain divided on a number of significant issues: AntĂłnio Guterres
There is clearly a breakdown in trust between North and South and between developed and emerging economies: Guterres

COP27 important to maintain international pressure to implement climate pledges: DBS Bank
He added to Daily News Egypt that there are new climate solutions related to business accelerators that have been launched to finance companies and emerging projects related to climate change, or those that provide solutions that suit the environment and reduce pollution in general, which have witnessed popularity over the past two years.

CIBÂ hosts panel discussion on sectoral decarbonisation for regional transformation at COP27
Discussions centered around action needed from financial institutions to help accelerate the decarbonization of the economy, in line with the Ministry of Planning and Economic Developmentâs sustainable development strategy âEgypt Vision 2030â.

Africa Grows Green announces winning start-ups during COP27
The announcement came in the presence of Yasmine Fouad, Minister of Environment; Reem Abd El Meguid, Co-Founder of Istidama; and Emad Hefny, CEO of Seeders Capital, as partner and jury member.

We aim to secure compensation to affected countries of climate change: COP27 president representative
During a press conference at COP27, he added that the second week will witness more push to fulfill the commitments of the Paris Agreement, and come up with an implementation mechanism for the Climate Conference in Glasgow, to implement it during 2024.

COP27 President calls for intensifying efforts to mitigate climate change impact
Minister Shoukry expressed Egypt’s appreciation for hosting the ministerial roundtable during COP27, which is considered the first on this topic, as stipulated in the Glasgow Climate Charter issued by the 26th Climate Conference last year.

Egypt’s Petroleum Minister, APPO discuss climate action in Africa at COP27
Ibrahim lauded Egyptâs for the organization of the conference in a way that makes Africa proud, appreciating the country’s efforts to shed light on climate change impact on Africa and the need for a just energy transition.

COP27 big opportunity for Egypt to promote tourism: Mahmoud Mohieldin
The private sector must participate in investments to reduce emissions, promote renewable energy, says Egyptâs High-Level Climate Champion at the UN

Global community possesses spirit of unity in climate debate, lacks action: Sherry RehmanïżŒ
Pakistan’s Federal Minister for Climate Change Senator Sherry Rehman on Sunday said the world at the global forum of UN Climate COP-27 had a spirit of unity, collaboration and cooperation but there was lack of action hindering the way to a climate resilient future. In her keynote address at the Parliamentary Meeting at the 27th United …

Switzerland opens SwissCham Pavilion and Swisstech exhibition at COP27
The inauguration took place in the presence of representatives of the UN and the Egyptian government, members of SwissCham Egypt and its Board of Directors, along with representatives of the Swiss government and companies.

Egyptian Presidency of COP27 launches initiative on climate change, peace sustainability
The initiative was launched under the Egyptian Presidency of COP27, with the support of the Cairo International Center for Conflict Resolution, Peacekeeping and Peacebuilding (CCCPA), in collaboration with the United Nations Development Programme (UNDP) and the African Union (AU).

COP27: TMG, Schneider partner to provide latest smart solutions, sustainability standards in Noor City
This came on the sidelines of the participation of TMG in the Conference of the Parties to the United Nations Convention on Climate Change COP27, in Sharm El-Sheikh

Environment Minister launches carbon credit exchange during COP27Â
Announcement comes within Finance Day in Blue Zone