Latest in Tag: COP27 Highlight
Latest in Tag: COP27
Opinion| COP27 begins with inclusion of Loss and Damage on agenda
The outgoing COP President Alok Sharma formally passed on the Presidency to HE Sameh Shoukry. India appreciates the efforts put in by the UK during their Presidency and wishes that Egypt takes the efforts to combat climate change further with more meaningful outcomes.
Opinion| Fighting global warming becomes more challenging at COP27
Russian businesses show promise on climate targets despite political tensions
TDBâs Class C Green+ Shares launched at COP27, AfDB 1st investor to commit
This is the first equity instrument of its kind to provide a pathway for institutional investors to support climate action with risk capital
Delayed climate justice is a death sentence for the vulnerable: Sherry Rehman at COP27
âThere is a race against time now for adapting to the climate crisis, and those with better resources will adapt faster, whereas, for others, it will be delayed. In every country, the vulnerable will be the first to go down, and we are here to serve the reminder that delaying climate justice for the vulnerable …
QNB Al-Ahli presents green and sustainable finance case studies in COP27
As a subsidiary of QNB Group â the largest financial institution in the Middle East and Africa â QNB Al-Ahli presented the groupâs efforts in support of climate action by offering finances and technical support and encouraging corporates and entrepreneurs to establish multi-sector green projects.Â
Pakistan’s Prime Minister statement atWorld Leadersâ Summit of the UN Climate Change Conference â COP27
To me and my country, including the Group of 77 + China that Pakistan Chairs at this conference, this COP rings an alarm bell for humanity
Indiaâs Minister of Environment inaugurates his countryâs pavilion at COP27
India is hosting a pavilion with the theme of âLiFE- Lifestyle for Environmentâ at COP27. The Pavilion has been designed to send out the message of LiFE through various audio-visuals, Logo, 3D models, set up, dĂ©cor and side events.
Mascot of Egypt-Korea COP27 Cooperation released
The illustration features the COP27 logo with an Egyptian eagle and a Korean tiger shouldering the earth. It aims not only to promote the two countriesâ unwavering bilateral relations in the field of climate change but also to enhance the awareness of COP27 especially among the young generations in Egypt.
Egyptian presidency of COP27 launches Sharm El-Sheikh Agenda to adapt to climate change
During the inaugural high-level event on global climate action, Shoukry stressed the importance of cooperation and the work of parties to find solutions to adapt to climate change in order to achieve the theme of COP27, “Together for implementation.”
CIB to host five panel discussions at COP27 in Sharm El-Sheikh
The 27th Conferences of Parties (COP) brings together countries from all over the world to collaborate on implementing global climate action goals. Believing in the crucial responsibility financial institutions hold toward the environment and their communities, CIB will be hosting five panels this November at COP27 in Sharm El-Sheikh, Egypt. The Bank aims to highlight the power of sustainable finance in accelerating climate adaptation and mitigation efforts across the region.
World Bank Group presents new fund for lowering emissions at COP27
âClimate finance needs major new mechanisms that pool funding from the global community to accomplish actual reductions in greenhouse gas emissions across the developing world. SCALE offers a key non-fragmented avenue for the global community to take action on climate change,â said David Malpass, President of the World Bank Group. âThe verifiable emission reductions created by SCALE and similar mechanisms will also be an important step toward building effective carbon credit markets.â
Water Resources Ministry, AECID sign LOI for âŹ670,000 project to modernise Egyptâs irrigation systems
âAgriculture represents the heart of Egyptâs economy, as the sector employs 30% of the workforce in rural areas and provides livelihoods for 55% of the population. Recognizing the demand for climate-smart agriculture, we are shifting our priorities in 2023 to focus on promoting modern technologies, and developing farmer’s knowledge, skills and aspirations for a growing industry,â AntĂłn Leis, Director of the AECID, said.
Egypt, Tunisia sign cooperation agreement on environmental protection on sidelines of COP27
Both parties agreed to sign second executive programme for 2023-2024
Citi GPS releases new climate research ahead of COP27
The new research, which underscores the importance of increased private and public sector engagement to address complex global issues, will be discussed at the COP27 in Sharm El Sheikh, Egypt
Google announces sustainability commitments for MENA ahead of COP27
âClimate change is certainly one of the most urgent global challenges today. The commitments we are making unify Google’s practices, partnerships and products to help foster greater sustainability in the Middle East and North Africa. COP27 will help us continue to look into new policy measures and corporate commitments that will help Google and other companies reach higher emissions reductions in the next decade,â said Anthony Nakache, Managing Director for Google in the Middle East and North Africa.
115 people die every day as a result of climate change: Commonwealthâs Secretary-General
âIf we donât take action, we donât have a planet worth living for,â Scotland asserted in a speech held during the events of the UN Conference of Parties on Climate Change (COP27) on Monday.
Hosting the COP27 in Sharm El-Sheikh will have positive effects on Egypt, MEA: US State Department
âThe US appreciates Egyptâs leadership in hosting and organising this yearâs COP, and there is no doubt that hosting such a large and important international conference will have positive effects on Egypt and the region in general,â he added.
Developing countries need to triple their loans to adequately face climate change: Baroness Menouche
The baroness also pointed out during her speech at the UN Conference of Parties on Climate Change (COP27) that climate change has caused a lot of damage, leading to increased deaths due to pollution, and that economies are subject to clashes that lead to catastrophic effects.
EIB to continue partnership with Egypt to support its ambitious National Climate Change Strategy 2050: EIB President
During press conference at COP27 in Sharm El-Sheikh on Monday, Hoyer added, â At the same time the Intergovernmental Panel on Climate Change issued several dire warnings that the window to limit global warming and adapt to climate change impacts is rapidly closing. The United Nations just released a report saying the climate plans of parties under the Paris Agreement would put the world on track for around 2.5 degrees Celsius of warming by the end of the century.â
Plastic Bank announces its official participation in COP27Â
We are putting forward our ideas to promote the concept of a circular and sustainable economy: Plastic Bank Regional Director
COP27: Egyptâs Irrigation Minister attends opening of Swedish Business Pavilion
The minister praised the support provided by the Swedish Development Cooperation Agency to Egypt and Africa
New research shows commitments for forests are nowhere near whatâs needed to reach Paris Agreement ambition
The world is not on track to achieve forest goals of ending and reversing deforestation by 2030, critical for a credible pathway to the 1.5°C Paris Agreement goal, according to a new report by the UN-REDD Programme, UN Environment Programme World Conservation Monitoring Centre (UNEP-WCMC) and the Green Gigaton Challenge (GGC). It finds that for the …
Egypt, Azerbaijan discuss bilateral cooperation, COP27 agenda
Ministers of Environment of both countries discuss water management issues
Sharm El-Sheikh Museum hosts âEgypt and Its Environmental Legacyâ exhibition on sidelines of COP27
Ali Omar stressed that temporary exhibitions are a channel of communication for various age groups to shed light on various societal issues, By displaying relevant artefacts, including their content and value, they contribute to raising tourism and archaeological awareness and contribute to community participation in the issues raised.
World leaders warn of coexisting with extreme weather phenomena at COP27
Short documentary about climate change, including recent natural disasters such as drought, forest fires, and floods, was screened at summit
COP27: Al-Sisi urges developed countries to commit to their financial pledges to developing nationsÂ
Al-Sisi calls on world leaders to work on ending Russian-Ukrainian conflict and its consequences on entire worldÂ
Art and media play important role to raise climate awareness: Mahmoud MohieldinÂ
Sharm El-Sheikh â Mahmoud Mohieldin, UN Climate Change High-Level Champion for Egypt, confirmed the important role of art and media in raising awareness about climate issues. His remarks came during his participation in a session about the role of art in addressing climate change on the first day of COP27, with the participation of Hala …
COP27 â A platform for international partnershipÂ
As Egypt shifts into final gear for organising this significant global event, the COP27 presidency has focussed on highlighting the local and regional significance of climate change issues to the peoples of the MENA.Â
Egyptâs Health Ministry announces medical emergency plan for COP27Â
The plan aims to protect conference participants from infectious diseases
There is an international consensus on the need for cooperation to confront climate change: COP26 President
He noted in his speech during the opening procedural session of the COP27 in Sharm El-Sheikh that the UK exerted much effort during its presidency of the conference, pointing out that the COP26 was held under difficult political circumstances and amid the coronavirus pandemic that is still ongoing, but the leaders recognised that despite the differences â which are often deep â the need for cooperation in the field of the environment.