Egypt President Calls on International Community to Support Global Green Recovery
H.E. Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, today called upon the international community to unite and spark a “green recovery”.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210908006022/en/
Her Excellency Dr. Rania A. Al-Mashat addresses the inaugural Egypt International Cooperation Forum (Egypt-ICF) in Cairo (Photo: AETOSWire)
Speaking on the first day of the inaugural Egypt International Cooperation Forum (Egypt – ICF), launched by the Ministry of International Cooperation, taking place in Cairo between 8-9 September, El-Sisi said: “No government alone can make this recovery possible. It requires the support of the international community and financial institutions to achieve the UN SDGs.”
Also at the event, H.E. Dr. Rania A. Al-Mashat, Egypt’s Minister of International Cooperation, said: “This is a unique opportunity for Egypt to reset global priorities and place sustainability at the core of economic development.”
“We launched the Egypt – ICF to provide a global platform to catalyze international cooperation as we rebuild from the pandemic. By increasing multi-stakeholder engagement and cooperation, we can pave the way for more inclusive, greener, and more resilient economies that work for everyone.”
Later at the event, during a panel on multilateralism, Solomon Quaynor, the African Development Bank’s (AfDB) Vice President for the Private Sector, Infrastructure and Industrialization said: “Egypt is uniquely positioned to be a regional hub for vaccine production.”
“A successful vaccination campaign [in Africa] could help realize the benefits of the African Continental Free Trade Area – a single market with 1.2 billion people and $3.4 trillion in gross domestic product.”
During a panel that addressed the urgent need to unlock international development funds, Jorge Moreira da Silva, Director OECD Development Co-operation Directorate said: “It is critical to mobilize one percent of US$379 trillion. But it cannot be done without a holistic approach. It is important to emphasize the role of multilateralism.”
In a panel session dedicated to combatting climate change, Mr. Selwin Charles Hart, Special Adviser and Assistant Secretary-General for Climate Action Panelists, described the world as being on a “climate cliff” as it gets dangerously close to not meeting the 1.5 degrees Celsius Paris Agreement goal, if “we don’t take ambitious action now.”
The Forum also heard from H.E. Dr. Yasmine Fouad, Egypt’s Minister of Environment, who said: “Climate change is not an environmental challenge. Climate challenge is a developmental challenge. It hits hard all development processes. It doesn’t differentiate between a rich, poor or developing country.”
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
Shady El Gohary
About Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
YASA Spin-Out Evolito to Electrify Aerospace Market With Ultra-High Performance, Low-Weight Electric Motors22.9.2021 13:15:00 CEST | Press release
Evolito, a new company developing and manufacturing electric motors and power electronics for aerospace applications, launched publicly today as a privately-owned business. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210922005519/en/ A concept image showing an eVTOL (electric vertical take-off and landing) powered by Evolito's electric propulsion unit. (Photo: Business Wire) Evolito was spun out earlier this year by YASA (the world-leading pioneer of automotive axial-flux electric motors acquired by Mercedes-Benz in July 2021) to exclusively commercialise YASA’s next-generation electric motor technology and IP for the rapidly-growing aerospace market. The business’s axial-flux motor technology has been proven in volume series production in the automotive industry and has even greater advantages in the aerospace market. As such, Evolito is uniquely positioned to drive forward the commercialisation and adoption of electric
Credence MedSystems Secures $39.9 Million Financing to Enable Scaling of Innovative Drug Delivery and Connected Health Systems22.9.2021 13:03:00 CEST | Press release
Credence MedSystems, Inc. announced today that it has closed a funding round with gross proceeds of $39.9 million. Sources of funding include strategic investments from Novartis Pharma AG, Molex Ventures LLC as well as additional investors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210922005044/en/ The investment will be directed towards scaling of production capacity for the Credence Companion® and Dual Chamber Reconstitution Systems as well as development of other members of the Company’s platform of innovative drug delivery systems, including its connected health portfolio. “The funding comes at a great time as we take the manufacturing of our Companion and Dual Chamber systems to the next level to meet pent-up demand in the market,” stated John Merhige, Credence’s Chief Commercial Officer. Jeff Tillack, Credence’s Chief Operating Officer, added, “Our immediate focus is on implementing the production capacity to supp
UPC Hydrogen Acquires Exclusive License in Asia Pacific Region from Proton22.9.2021 13:00:00 CEST | Press release
UPC Hydrogen Pte Ltd ("UPC Hydrogen") is pleased to announce that it has acquired the exclusive license to produce hydrogen from technology developed by Proton Technologies Inc. (“Proton”) for a selection of countries in the Asia Pacific region. UPC Hydrogen is an affiliate of Renewables Asia Pacific Holdings Pte Ltd ("UPC Renewables"), a private company with 8 GW of wind, solar and storage in development, under construction or in operation across the Asia Pacific region. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210922005284/en/ UPC Hydrogen Acquires Exclusive License in Asia Pacific Region from Proton Technologies (Photo: Business Wire) The licenced countries include Indonesia, Vietnam, Australia, Malaysia, the Philippines, Mongolia and Myanmar. UPC Hydrogen believes that the Proton technology can produce hydrogen in these countries at a price of less than US$1.00/KG from new, plugged, abandoned or uneconomic oil well
i2c Outlines Key Growth Opportunities for UK and Europe22.9.2021 12:12:00 CEST | Press release
i2c Inc., a leading provider of digital payment and banking technology, today disclosed what it sees as key opportunities for growth in the UK and European markets, highlighting digital first, B2B commercial payments, cryptocurrency and credit as high-demand areas in which it is favorably positioned to compete. “In the past 18 months, we’ve seen increased opportunities as well as validation and acceptance of our offering in initiatives where these criteria and related use cases play heavily to customers’ requirements,” said Jonathan Vaux, general manager for UK and EU at i2c. He also noted that the driving forces appear to be a combination of continued bank digitization, a surge in payments and financial innovation in the commercial space, heightened competition among crypto players to achieve faster innovation cycles and market expansion, and broad interest in reconstructing credit as an embedded feature. According to the company, its platform features distinct characteristics that UK
TransferMate Global Payments Selects ComplyAdvantage For The Company’s Award-Winning AML And Risk Screening Solutions22.9.2021 10:57:00 CEST | Press release
Today ComplyAdvantage, a global data technology company transforming financial crime detection announced that TransferMate Global Payments, a leading global B2B-payments technology solution provider, has selected the reg tech innovator’s award-winning customer onboarding, transaction screening and monitoring solutions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210922005398/en/ Charles Delingpole, CEO of ComplyAdvantage (Photo: Business Wire) Headquartered out of Kilkenny, Ireland, TransferMate is a subsidiary of Clune Technology Group founded by Terry Clune and is a leading global B2B payments technology firm enabling companies to send and receive cross-border payments faster and easier. Now more than ever before, fast growing enterprises like TransferMate are implementing the best technologies and processes not only to reduce their risk profile as it relates to financial crimes but also to help accelerate service expan
Investable Universe Launches Provocative Polar Futures Media Series22.9.2021 10:15:00 CEST | Press release
The real assets news site Investable Universe announces the launch of Polar Futures, a media series that examines the eight-nation Arctic region’s growing geopolitical importance and its potential for attracting hundreds of billions of dollars in direct investment to develop the region and its bounty of natural resources. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210922005180/en/ Institutional investors, pension funds and other investors are eyeing the potential of developing infrastructure, shipping, logistics, telecommunications, mining, aquaculture and marine resources and of incubating technologies that aid the transition to renewable energy. Additionally, new trans-Arctic shipping lanes made more accessible by climate change will focus competing political and military interests on the polar zone. Nuanced insights from pivotal figures Against this fluid strategic backdrop, the weekly newsletter and podcast series, c
Aqara Introduces Smart Roller Blind Retrofit Solution22.9.2021 10:00:00 CEST | Press release
Aqara, a provider for smart home products, announced the launch of the Aqara Roller Shade Driver E1, a retrofit roller shade controller to automate the existing beaded chain roller shades. The roller shade driver fits beaded cord roller shades with the bead thickness of 3 - 6 millimeter, and works with both plastic and metal beads. The driver has been available on Amazon UK starting from September 22, 2021, and it is expected to land on Amazon France in the next few weeks. It will also be made available via authorized Aqara retailers in Europe and Asia in the following months. Shades are necessary for almost all homes, as they block harmful UV rays, save energy (for ACs and lights) and protect privacy. Automated shades save users the trouble of manually controlling the shades day in and day out, while helping to cut energy bills and enhance indoor comfort. The Roller Shade Driver E1 provides a quick, easy and cost-effective way to automate the existing roller blinds. The installation i