By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Connect with family and friends this Ramadan: How to manage the festivities with WhatsApp
    Connect with family and friends this Ramadan: How to manage the festivities with WhatsApp
    March 25, 2023
    Popular video-sharing app TikTok was granted by the U.S. government a 15-day extension to reach a deal with U.S. buyers, a federal court filing showed Friday. This means the deadline for ByteDance, TikTok's Chinese parent company, to reach a deal with Oracle and Walmart has been extended from Nov. 12 to Nov. 27, according to the U.S. District Court for the District of Columbia.
    TikTok updates its community guidelines
    March 23, 2023
    IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
    IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
    March 23, 2023
    Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
    Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
    March 23, 2023
    EFG Hermes records EGP 11bn revenue in FY22
    EFG Hermes records EGP 11bn revenue in FY22
    March 23, 2023
  • Politics
    PoliticsShow More
    Egypt's Health Minister discuss bilateral cooperation with an Italian delegation 
    Egypt’s Health Minister discuss bilateral cooperation with an Italian delegation 
    March 23, 2023
    Egypt’s foreign minister phones Algerian counterpart over boosting ties
    Egypt’s foreign minister phones Algerian counterpart over boosting ties
    March 22, 2023
    Turkish President  Recep Tayyip Erdoğan and Egypt President Abdel-Fattah Al-Sisi met in Doha
    Opinion| Türkiye and Egypt: For better times with many opportunities
    March 22, 2023
    Drought caused 43,000 deaths in Somalia in 2022: UN
    Drought caused 43,000 deaths in Somalia in 2022: UN 
    March 22, 2023
    Opinion| The Chinese dragon occupies America's place in the Middle East
    Opinion| The Chinese dragon occupies America’s place in the Middle East
    March 22, 2023
  • Interviews
    InterviewsShow More
    Government should help Egyptian arts revive its pioneering role: Omar Abdel Aziz
    Government should help Egyptian arts revive its pioneering role: Omar Abdel Aziz
    March 15, 2023
    Interconnected healthcare systems in Africa require political will from North African leaders: Amref official
    Interconnected healthcare systems in Africa require political will from North African leaders: Amref official
    March 12, 2023
    EGX ready for government’s IPOs programme: Chairperson
    EGX ready for government’s IPOs programme: Chairperson
    February 15, 2023
    British International Investment invests $4.5bn in 700 businesses across Africa: Sherine Shohdy
    February 15, 2023
    Valeo has invested around €0.5bn in Egypt over the past 10 years: CEO
    Valeo has invested around €0.5bn in Egypt over the past 10 years: CEO
    December 27, 2022
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: International Cooperation Minister is a founding member of Global Energy Alliance for People and Planet
Share
Notification
Latest News
Connect with family and friends this Ramadan: How to manage the festivities with WhatsApp
Connect with family and friends this Ramadan: How to manage the festivities with WhatsApp
Business Technology
Popular video-sharing app TikTok was granted by the U.S. government a 15-day extension to reach a deal with U.S. buyers, a federal court filing showed Friday. This means the deadline for ByteDance, TikTok's Chinese parent company, to reach a deal with Oracle and Walmart has been extended from Nov. 12 to Nov. 27, according to the U.S. District Court for the District of Columbia.
TikTok updates its community guidelines
Business
Strong representation of women in TV series of Ramadan 2023
Strong representation of women in TV series of Ramadan 2023
Culture Cinema
IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
Business
Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
Business
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > International Cooperation Minister is a founding member of Global Energy Alliance for People and Planet
Business

International Cooperation Minister is a founding member of Global Energy Alliance for People and Planet

Daily News Egypt
Last updated: 2022/09/24 at 11:24 PM
By Daily News Egypt 5 Min Read
Share
International Cooperation Minister is a founding member of Global Energy Alliance for People and Planet
SHARE

Minister of International Cooperation Rania Al-Mashat participated in the Global Energy Alliance for People and Planet’s (GEAPP) Global Leadership Council as a founding member of the alliance on Saturday.

The alliance’s members include The Rockefeller Foundation, IKEA Foundation, the Bezos Earth Fund, along with several international institutions and government representatives.

The event took place within the activities of the 77th United Nations General Assembly (UNGA) that was held in New York and was chaired by Prime Minister of Norway Jonas Gahr Støre and President of The Rockefeller Foundation Rajiv J. Shah. 

The GEAPP aims to expand the equitable transition to sustainable energy worldwide and to keep global warming below 1.5° Celsius through cooperation between international leaders and by promoting joint action between relevant philanthropic institutions, governments in emerging and developed economies, tech companies, and international financial institutions to push the green transition — especially in developing countries — as well as facilitating access to sustainable energy for inclusive, equitable, and sustainable economic growth.

Moreover, the GEAPP has set targets, including the creation of 150 million jobs over the next decade, reducing four gigatonnes of carbon emissions and expanding access to clean energy for about one billion people worldwide by creating the ideal environment, stimulating private sector engagement, and supporting innovative solutions through entrepreneurship in cooperation with the aforementioned philanthropic institutions.

In his opening speech, Støre emphasised that successive global crises are slowing progress towards a comprehensive and equitable transition to clean energy, coupled with the challenges of the war in Ukraine, the global energy crisis, and rising temperatures.

He added that as the 27th UN Conference of Parties on Climate Change (COP27) approaches, accelerating climate action has become urgent, especially by supporting emerging countries to reduce emissions and expand clean energy projects.

Støre also commended Egypt’s commitment to achieving a green economy transition and in promoting climate action and sustainable energy, noting the close partnership between the Norwegian private sector — represented by Scatec — and the Egyptian government to expand renewable energy and green hydrogen projects.

For her part, Al-Mashat stressed the importance of mobilising international efforts through multilateral cooperation to advance the climate agenda as per the UN’s sustainable development goals (SDGs).

She also emphasised the role of philanthropic institutions in cooperation with international financial institutions to provide concessional financing that can support emerging and developing economies in achieving a just green economy transition.

Furthermore, the minister reviewed national efforts to promote climate action and the transition from pledges to implementation, sharing the recent launch of Egypt’s Country Platform for the NWFE Programme — the nexus point of the country’s water, food, and energy sectors.

This practical and replicable example brings together all development partners, with the private sector and the Glasgow Financial Alliance for Net Zero (GFANZ) to provide development financing, technical support, capacity-building, and private sector investments for the programme’s list of projects.

The GEAPP is co-chaired by Støre and Shah and includes many members, such as Al-Mashat, UNDP Administrator Achim Steiner, Director-General of the International Solar Alliance Ajay Mathur, President of the AfDB Akinwumi Adesina, CEO of the Bezos Earth Fund Andrew Steer, Chairperson of the Board of the Bank of America in Europe Anne Finucane, President of the World Economic Forum Børge Brende, CEO and Special Representative to the UN Secretary-General for Sustainable Energy for All Damilola Ogunbiyu, and President of the World Bank Group David Malpass.

It also includes Executive Director of the International Energy Agency Fatih Birol, Director-General of the International Renewable Energy Agency Francesco La Camera, Chairperson of DRE Venture Jonathan Berman, CEO of RMI Jules Kortenhorst, as well as representatives from Tufts University, USAID, Inter-American Development Bank,  British International Investment, the former executive secretary of the UN Framework Convention on Climate Change (2016-2022), the IKEA Foundation, the Italian Minister for Ecological Transition, and the European Investment Bank.

You Might Also Like

Connect with family and friends this Ramadan: How to manage the festivities with WhatsApp

TikTok updates its community guidelines

IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses

Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023

EFG Hermes records EGP 11bn revenue in FY22

TAGGED: alliance, Global Energy
Share this Article
Facebook Twitter Email Print
Previous Article AUC signs MoU with GAHAR to build healthcare professionals’ capacities‏‏ AUC signs MoU with GAHAR to build healthcare professionals’ capacities‏‏
Next Article We are committed to taking exceptional measures to facilitate imports release, ease burdens on investors: Finance Minister We are committed to taking exceptional measures to facilitate imports release, ease burdens on investors: Finance Minister
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

Connect with family and friends this Ramadan: How to manage the festivities with WhatsApp
Connect with family and friends this Ramadan: How to manage the festivities with WhatsApp
Business Technology
Popular video-sharing app TikTok was granted by the U.S. government a 15-day extension to reach a deal with U.S. buyers, a federal court filing showed Friday. This means the deadline for ByteDance, TikTok's Chinese parent company, to reach a deal with Oracle and Walmart has been extended from Nov. 12 to Nov. 27, according to the U.S. District Court for the District of Columbia.
TikTok updates its community guidelines
Business
Strong representation of women in TV series of Ramadan 2023
Strong representation of women in TV series of Ramadan 2023
Culture Cinema
IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
Business
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?