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Minister: Encouraging youth to engage in environmental work is investment opportunity
Minister: Encouraging youth to engage in environmental work is investment opportunity

Egypt Today

time05-05-2025

  • Business
  • Egypt Today

Minister: Encouraging youth to engage in environmental work is investment opportunity

Egyptian Minister of Environment Dr. Yasmine Fouad - file CAIRO - 5 May 2025: Egyptian Minister of Environment Dr. Yasmine Fouad opened Monday the symposium "Youth and Environmental and Development Sustainability: Axis for Shaping the Future." At the beginning of the symposium, Dr. Fouad expressed her happiness at learning about pioneering student projects in the environmental field. She also emphasized the importance of encouraging youth to engage in environmental work, not just raising awareness. She highlighted the significant role played by the Egyptian government and political leadership in transforming this issue and changing the prevailing notion among some that the environment is an obstacle to investment. "This understanding has changed significantly, and the environment has become an opportunity for investment in many projects, such as new and renewable energy projects." Dr. Yasmine Fouad, Minister of Environment, went on explaining that the credit for increasing public awareness of the importance of the environment and changing the prevailing perception among some, is largely due to Egypt's hosting of the COP27 Climate Conference, the largest UN conference in the world focusing on a critical topic such as climate change. This conference contributed to a tangible impact and a qualitative shift, clearly evident in the increased demand for environmental projects, which created greater job opportunities. She further emphasized the need to encourage young people to always view the environment as an opportunity for self-employment and to launch small projects that serve the environment while simultaneously generating financial returns. Dr. Yasmine Fouad highlighted the successes of the COP27 climate conference, such as the launch of the Energy, Water, and Food Projects Linkage Program, which links renewable energy projects that attract investment and funding from development partners with agriculture and water projects linked to adaptation. This required Egypt to issue a national plan and projects in this regard. The conference also resulted in the creation of a Loss and Damage Fund, which was activated at the next climate conference in the UAE, COP28, and its funding began at COP29. Egypt continues to chair the international initiative for nature-based solutions to address the impacts of climate change. Regarding the cultivation of fruit trees, she explained that the Ministry has issued a guide for tree species suitable for each governorate and its needs, and that governorates are being assisted by providing nurseries to provide trees. She also referred to the "Environment is a livelihood" campaign to educate farmers about the need to avoid burning agricultural waste and to promote available alternatives that can be a source of livelihood. She highlighted the important role of awareness-raising before imposing fines.

Ministry of Int'l Cooperation Launches 2nd Progress Report for NWFE Program
Ministry of Int'l Cooperation Launches 2nd Progress Report for NWFE Program

See - Sada Elbalad

time13-03-2025

  • Business
  • See - Sada Elbalad

Ministry of Int'l Cooperation Launches 2nd Progress Report for NWFE Program

Nada Mustafa The Ministry of Planning, Economic Development, and International Cooperation has launched Progress Report No. 2 on the latest developments in the implementation of the Country Platform for the "NWFE" Program, for the nexus of water, food, and energy, as well as sustainable transport. This was presented at a high-level event under the patronage and presence of H.E. Dr. Mostafa Madbouly, Prime Minister. The event was attended by ministers, heads of international funding organizations, ambassadors, private sector representatives, and members of the House of Representatives. The 2nd progress report includes the results of the implementation of projects in the energy pillar after two years of the program's launch, efforts to mobilize climate investments, and innovative financing mechanisms, as well as developments in the technical qualification of water, food, and energy projects. The Ministry of Planning, Economic Development, and International Cooperation launched the "NWFE" Program in July 2022, which was adopted as an Egyptian initiative under the presidency of the COP27 Climate Conference. Over the past two years, the program has received significant international support and praise, being recognized as a model for country platforms in the field of climate action.

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