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5th annual Green Economy Forum
Introduction .
The Fifth edition of the annual Forum of Strategies for Transition to Green Economy is held within the framework of keenness of the Egyptian leadership under President Abdel Fattah El Sisi to support transition to green economy and create new investment opportunities in various domains while adopting environment sustainability standards to curb the negative impact of climate change and realize decarbonization in order to achieve sustainable growth and balanced sustainable development in all sectors of the Egyptian economy.
THE FORUM
is held at a watershed stage for the Egyptian economy which is restructuring its strategies and budget to give momentum to the green economy mechanism in all key sectors; including agriculture, transportation, energy, tourism, construction, green trade in addition to backing green supply chains, innovation and digital transformation. Efforts are also underway to provide investment-attractive climate and create multilateral cooperation opportunities with international development partners.
Egypt has allocated 40 percent of the targeted public investments of the current fiscal year to green investments, standing at over EGP 336 billion.
Moreover, the United Nations expects Egypt to be among the top 20 world countries that will realize decabonization by 2050.
Egypt
has allocated 40 percent of the targeted public investments of the current fiscal year to green investments, standing at over EGP 336 billion.
Moreover, the United Nations expects Egypt to be among the top 20 world countries that will realize decabonization by 2050.
Egypt seeks to double its green investments to reach 50% in 2024/2025 against 15% in 2020/2021.
Egypt is also working on localizing the electric vehicle industry, promoting clean transportation, and preparing a comprehensive strategy for producing hydrogen and localizing this industry.
Egypt is also offering investment opportunities for the private sector in various domains, including waste-to-energy projects, investment in agricultural waste and the optimal economic use of natural reserves. This will contribute to boosting climate and environmental investments and incentivize private investments in the fields of green economy and climate resilience in order to achieve local strategic goals.
The forum represents an interactive platform that brings together all the parties concerned to thrash out the most important proposals and ideas that would support the state efforts in this respect, especially launching the National Strategy for Climate Change 2050 and the first voluntary carbon market during the 27th United Nations Climate Change Conference (COP27) in addition to amending the statute of the Egyptian Stock Exchange to be a platform for the carbon certificates market.
It is worth mentioning
that the first edition of the forum was held within the framework of the African Regional Ministerial Conference on Green Economy in collaboration with the World Green Economy Organization (WGEO), then came the second edition of the forum which witnessed the participation of more than 450 experts and representatives for pioneering organizations and companies in the fields of energy, smart cities, communications, recycling, etc. The fifth edition of the forum this year is expected to be attended by more than 750 experts. On the fringe of the forum, an exhibition will be held this year to offer an opportunity for entrepreneurs and owners of green and environment-friendly projects to review their work before a cluster of representatives of the government, the private sector, civil society and regional and international organizations to exchange views and engage in effective partnerships in order to magnify sustainable growth opportunities of these projects.
Speakers .
Dr. Nevine Alkabbaj
Minister of Social Solidarity
Dr. Ashraf El-Araby
President of the Institute of National Planning
Mr. Ramy El Dokani
Executive Chairman- The Egyptian Exchange (EGX)
General. Atef Moftah
General Supervisor of the Grand Egyptian Museum
Amb. Hisham Badr
National Coordinator of The National Initiative For Smart Green Projects
Mr. Hossam Ezzeldin
Program Director - Egyptian Pollution Abatement Program/MoE
Mr. Sherif El Diwany
Managing Director & co-founder - MGM Climate Business Developer
Dr. Nasser Ayoub
Co-founder & CEO EPD Egypt
Eng. Tarek ElGamal
Chairman of REDCON Group, and REDCON Properties
Mr. Ahmed Mansour
Secretary General of Egypt Post
Dr. Emad Hassan
Manager of Green Economy Financing Facility (GEFF) at EBRD
Dr. Amr Osama
Chairman of INTEGRAL Environmental Solutions
Mr. Hisham El-Naggar
CEO - Daltex
Dr. Ahmed Roshdy
Executive Director Regional Center for Sustainable Finance - RCSF (FRA)
Mr. Hisham Turk
Communication Director - Egyptian Exchange - EGX
Mr. Khalil El Bawab
CEO of Business Development & Strategy - CI Capital
Ms. Abir Leheta
CEO of EgyTrans
Mr. Mohamed Morsi
Regional Director, Finance in Motion
Ms. Annachiara Scandone
Industrial development expert at UNIDO Egypt
Ms. Ghada Darwish
Regional Head of Globaleq
Ms. Mahira Hassan
Head of Corporate Affairs and Sustainability for Nestlé Egypt
Dr. Basel Roshdy
CEO and Managing Director of Nile Capital Holding
Eng. Adham El-Mahdy
General Manager - Geocycle Egypt
Mr. Yaseen Abdel Ghaffar
Managing Director and Founder of Solarize Egypt
Mr. Ahmed Abd El-Alim
Country Manager of Plastic Bank
Mr. Fady Ibrahim
Founder & CEo - Cropsa
Mr. Alaa Afifi
Founder & CEO - Bekia
Conference Schedule .
H.E. Dr. Nevin Al-Kabbaj – Minister of Social Solidarity
SPEAKERS
- Mr. Ramy El Dokani
Executive Chairman- The Egyptian Exchange (EGX) - General. Atef Moftah
General Supervisor of the Grand Egyptian Museum - Ambassador. Hisham Badr
General Coordinator of Egypt’s Initiative for Smart Green Projects (Under Confirmation) - Dr. Ashraf El Araby
President of the Institute of National Planning-
Institute of National Planning, Egypt (Under Confirmation) - Dr. Mohamed Farid
Chairman of the Financial Regulatory Authority (FRA)
(Under Confirmation)
Egypt has taken serious steps to localize the Sustainable Development Goals and transition to a green economy by applying a number of mechanisms and strategies to accelerate the transformation process and mobilize all the efforts of stakeholders in order to create opportunities and maximize the return on investment in the field of green economy, Egypt has issued green bonds and expanded investment in the field of new and renewable energy and the establishment of sustainable cities and launched a long-term strategy to reduce carbon emissions and issued a law for waste management and recycling, and a carbon certificates law is currently being discussed, so the session will share some of these efforts with stakeholders through presentations and keynote speeches
SPEAKERS
- Mr. Mohamed Morsi
Regional Director, Finance in Motion - Mr. Sharif Al Diwani
Alliance for Green Transition - Representative of IFC
- Representative of EBRD
- Representative of GIZ
- Moderator: Mr. Basil Roshdi
CEO and Managing Director of Nile Capital Holding
TOPICS
- Innovative financing products for green projects
- Low-cost financing and how to obtain it
- The most attractive projects for financing agencies
- Preview of some successful financing portfolios of small and medium enterprises (SMEs).
- How far financing products are capable of confronting sustainable development challenges?
SPEAKERS
- Mr. Tariq Kamel
Regional Director of Nestle - Mr. Hisham Elnaggar
CEO of Deltex - Ms. Ghada Darwish
Regional Head of Globaleq Solar Energy Company - Mrs. Abeer Lahita
CEO of EgyTrans - Mr. Tariq Al Gamal
CEO of Redcon - Mr. Khalil Elbawab
CEO at Misr Capital, Banque Misr Investment Banking Arm
TOPICS
- Sustainable agriculture
- New and renewable energy and green hydrogen investment opportunities
- Waste management and circular economy
- Green building and relevant sectors
- Sustainable manufacturing and opportunities for transition of the transport sector
- Digital transformation, relying on technology, and creating new markets and opportunities
- Map of opportunities for each sector.
The new generation of business community in Egypt is considering the environmental sustainability standards as a strategy to
build its business model, there are many attempts to seize the available opportunities.
During this session we showcase best practices which achieved success in the field of green economy to be a role model for entre-
preneurs and responsible investors.
Years
Expert
Speakers
Sessions
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