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The Sixth Forum on Green Economy “Together, we take the lead in advancing the green economy``.

Introduction .

The forum is held within the framework of the national efforts being exerted by the Egyptian government, and development partners - under directives of President Abdel-Fattah El-Sisi - to give priority to projects and programs for shifting to green economy, supporting climate action, and promoting development partnerships among the private sector as well as international and regional development institutions to achieve green and sustainable growth and Backing the accomplishments of Egypt's 2050 strategy, The forum will be held in June 2024 under the theme “Towards a sustainable future... Together, we take the lead in advancing the green economy``.

THE FORUM

The forum’s program will include a variety of activities, including Panel discussions, Expert talks, Interactive workshops and Exhibition for green products and services the forum aims to: • Shedding light on prospective sectors for green investments.
• Providing innovative financing solutions to meet the needs of green investors.
• Exploring green technology applications in addressing emissions and contributing to sustainable transformation.
• Highlighting the success stories of entrepreneur’s investors in the field of the green economy.
• Enhancing awareness of the importance of green investment and encouraging the shift towards sustainable patterns that work to preserve resources and the environment.
• Providing a platform for exchanging knowledge and experiences between participants, and building strong partnerships and professional relationships in the field of the green economy. A group of experts and decision-makers will participate in the forum to discuss the latest developments in the field of the green economy and share best practices.

Egypt

Based on our conviction in the imperative of collaboration among all stakeholders to realize sustainable development and safeguard the environment for future generations, as the business community today faces great challenges in achieving sustainable development. The Sixth Green Economy Forum is an important opportunity to spotlight on the green investment sectors and provide innovative financing solutions to meet the needs of green investors. Thus, this edition of the forum will build bridges of communication between the various parties concerned with the green economy, from decision makers, investors, civil society, academics and international organizations, and present plans and strategies. And present blueprints and strategies for transitioning towards a green economy from an investor's standpoint. Moreover, it will scrutinize the components of an optimal and enticing investment environment for green investors and deliberate on soft, low-cost financing mechanisms for the private sector to incentivize green projects.
It is significant to highlight that the sixth edition since its launch in 2019, and this forum arrives at a crucial time, coinciding with a notable transition in Egypt's business and investment environment towards green sectors and clean technologies.

Conference Schedule .

Speakers:

  • Mr. Mostafa Ezz Elarab – Associate Minister of Youth and Sports.
  • H.E. Dr. Yasmine Fouad – Minister of Environment.

Agriculture remains a cornerstone of Egypt’s economy, providing food, raw materials, and employment to
millions. As the country faces increasing challenges such as climate change, population growth, and resource
depletion, the future of agriculture hinges on the adoption of agritech and sustainable practices. This session
explores the potential of these innovations to enhance productivity, sustainability, and economic growth in
Egypt, particularly in terms of exports, manufacturing, and addressing policy and funding challenges.

Axes:

  • Highlight the current state of agriculture in Egypt, including achievements and challenges.
  • Identify areas within the agricultural sector that hold significant growth opportunities.
  • Discuss the role of technology and sustainable practices in transforming agriculture.
  • Analyze existing policies, funding mechanisms, and explore potential reforms to support agricultural innovation.
  • Encourage partnerships between government, private sector, and international organizations to foster agricultural development.

Speakers:

  • Ms. Zeinab Awad – Country Program Coordinator, Ifad
  • Mr. Hassan El Badawy – AgriDigital Advisor, Agricultural Innovation Project at (GIZ).
  • Dr. Thoraya Seada – Director of the Carbon Footprint Center at Heliopolis University
    for Sustainable Development
  • Ms. Salma Noureldin – Portfolio Analyst at the Climate Resilient Africa Fund.
  • Ms. Mona El Bardaie – Chief Marketing Officer – Mahaseel
  • Dr. Fatma Abouzeid – Natural resources and resource mobilization specialist (FAO).
  • Moderator: Mr. Omar Rezk – Cofounder and Managing Director of Entlaq

The global awareness of climate issues is leading many companies to commit to emission reductions.
Making such commitments generally means drawing a path to a net zero future. To do so however
requires an understanding of how this future might look and how our actions will contribute to shaping
it. This is an area where climate scenarios can play a critical role today.
But climate scenarios are also critical tools in understanding potential risks and opportunities under
various temperature pathways. As such, they play a critical role in international reporting frameworks
such as TCFD. It is difficult to fully comply with such frameworks without implementing scenarios. Yet,
doing so can be a daunting task.
In this talk, we will be presenting the concepts underlying climate scenarios and discuss both their use
in setting targets and in risk assessments. We will walk the audience through case studies specific to
Egypt to help those interested in using them in their business assessments.

Speaker:
Dr. Manuel Lonfat – Founder and CEO of Quambio

Amidst the increasing global interest in integrating environmental sustainability practices and standards into industrial and global trade operations, as well as the opportunities presented by the growing demand for eco-friendly and low-carbon footprint products in response to the rapid challenges facing the world, including environmental, economic, and social crises, in addition to the impacts of climate change. This compels governments, all stakeholders, and concerned organizations to develop policies, tools for global trade, as well as production and manufacturing patterns and methods that meet environmental sustainability standards and maximize export rates. Hence, the session focuses on addressing export strategies and standards for entering international markets, as well as developing supply and procurement chains to enhance the competitiveness of Egyptian exports, capacity-building mechanisms that support export development, and the impact of adopting green practices on increasing exports for companies. The session also examines the main challenges faced by companies in obtaining technical and financial support to ensure their success in green exports, adopting environmentally friendly practices, and developing products that align with global market trends, where the adoption of green policies can provide many promising opportunities for developing countries to prepare for future trade markets and enhance their share of global trade.

Axes:

  • Green export determinants and how they can contribute to Egypt’s share of global trade.
  • Latest developments in policies and trade agreements aimed at reducing carbon emissions.
  • Opportunities for technical and financial support available to enable companies to meet export requirements and standards for global markets.
  • The potential for increasing exports of small and medium-sized enterprises in light of global trends .  and measures to adapt to and mitigate the effects of climate change.
  • How to enhance and build the capacities of local companies and institutions to integrate them into global value chains
  • Speakers:
  • Dr. Nermine Abulata – Advisor to the minister of the Trade and Industry, & National Coordinator for
    Euro – Med Industrial Cooperation
  • Amb. Omar Abou Eich – Secretary General of the Coordinating Secretariat for the Implementation of
    The Egyptian – European Union Participation Agreement
  • Ms. Annachiara Scandone – Industrial development expert at UNIDO Egypt.
  • Dr. Walid Gamal El-Din – Chairman of the Building Materials Export Council.
  • Mr. Richard Moubarak – Country Chief Executive, Bureau Veritas Egypt and Jordan
  • Dr. Ashraf Ramadan Aboelmagd – Chairman Assistant for HSE at Egyptian
    Natural Gas Holding Company (EGAS)
  • Mr. Yehia El Menshawy – Business Development & International Cooperation
    Manager at the Chemicals & Fertilizers Export Council
  • Moderator: Dr. Ahmed Wafiq – CEO INTEGRAL Consult

In his talk Dr. Nasser delve into how CBAM affects the exports of the 6 CBAM sectors, while also highlighting the associated challenges and opportunities of those sectors to secure their future exports from 2026 and beyond.

Speaker:

  • Dr. Nasser Ayoub – Co-Founder and CEO of EPD Egypt.
  • Eng. Omar Ghaly – CEO & Founder at Egyptian Carbon Center
  • Mr. Maxim Nechaev – Founder and managing director of CBAMReports.com
  • (AI) is considered a powerful tool in addressing the challenges posed by climate change and
    enhancing sustainable initiatives. There are many facets of AI that contribute to mitigating the impacts
    of climate change, along with the challenges and opportunities associated with its application in the
    green economy.
    The discourse will discuss how AI technologies can enhance efforts to adapt to and combat climate
    change across various sectors. It will also review the solutions driven by AI to improve resource utilization
    and facilitate data-driven decision-making processes to reduce greenhouse gas emissions.
    Additionally, the discourse will address challenges in using AI technologies in the context of climate
    change, such as data availability and quality, ethical considerations, and the possibility of unintended
    consequences. It will also highlight opportunities for innovation and collaboration in developing AI
    solutions tailored to meet the needs of the green economy

Speakers:
Mr. Baz Khuti – CEO of Sustain360

This session will explore the influence of sustainable finance on the development of the
carbon market and vice versa. We will delve into topics related to financing sustainable
projects, such as green loans, social bonds, and sustainable investments, and how these
mechanisms can contribute to economic growth and environmental sustainability.
Additionally, we will discuss strategies for enhancing the carbon market and increasing its
effectiveness, and how sustainable finance can play a pivotal role in supporting this
development. We will review the policies and legislation necessary to promote sustainable
finance and develop the carbon market, as well as examine case studies and successful
experiences in this field.

Axes:
The role of sustainable finance in supporting renewable energy projects and reducing carbon
emissions.
The impact of the carbon market on sustainable finance strategies and environmental investments.
Challenges and opportunities in developing sustainable financing tools to enhance the effectiveness of
the carbon market.
Opportunities for development and innovation in sustainable finance and their impact on carbon
market development.

Speakers:

  • Ms. Clémence Vidal de la Blache – Country Director Egypt at
    AFD – Agence Française de Développement
  • Dr. Emad Hassan – EBRD GEFF Project Manager
  • Mr. Mohamed Morsy – Country Head at Finance in Motion.
  • Mohamed Bedeir – Head of Deal Structuring at Albaraka CapitalMr.
  • Omar El Nemr – Lead – Project Management and Structuring,
    MEA at VNV Advisory Services
  • Mr. Karim Mekky – Director of Research & Markets Development at The Egyptian Exchange
  • Moderator: Dr. Basel Roshdy – CEO and Managing Director of Nile Capital Holding Company
    and Secretary General of the Egyptian Direct Investment Association (EPEA)

As the effects of climate change are increasingly being felt around the world, the likelihood and
potential impact of environmental risks on businesses are growing. Accordingly, financial
institutions need to be cognizant of the potential consequent disruption to businesses’ cash flows
and ability to service debts in their credit and risk management decisions to ensure the health of
their loan portfolios. Secondary concerns such as obligatory reporting of financed emissions under
ISSB further motivate the need to integrate environmental considerations into climate decisions.
On the other hand, while initiatives undertaken by businesses to improve their environmental
performance or resilience to climate change are to be commended, there is great potential for
overestimating or overstating the actual achievements (i.e. “greenwashing”). Financial institutions
should scrutinize such green claims not only to better assess their environmental risks but also to
avoid any reputational risks that may be brought upon by their association with clients engaging
in greenwashing to cover environmental abuses.

Speakers:
Mr. Mert Dedebas – Regional Director of Frankfurt School of Finance
and Management Middle East and North Africa

Dr. Ulf Museliner – Professor of Sustainable Energy Finance at Frankfurt
School and Head of the UNEP Collaborating Center for Climate and Sustainable Energy Finance

OUR SPEAKERS

Minister of Environment

- Advisor to the minister of the Trade and Industry, & National Coordinator for Euro - Med Industrial Cooperation

Secretary General of the Coordinating Secretariat for the Implementation of The Egyptian - European Union Participation Agreement

Co-Founder and CEO of EPD Egypt

Regional Director of Frankfurt School of Finance and Management Middle East and North Africa

- Natural resources and resource mobilization specialist (FAO).

Industrial development expert at UNIDO Egypt.

Founder and CEO of Quambio

– EBRD GEFF Project Manager

Cofounder and Managing Director of Entlaq

Country Chief Executive, Bureau Veritas Egypt and Jordan

- AgriDigital Advisor, Agricultural Innovation Project at (GIZ).

Professor of Sustainable Energy Finance at Frankfurt School and Head of the UNEP Collaborating Center for Climate and Sustainable Energy Finance.

CEO INTEGRAL Consult

Country Head at Finance in Motion

CEO & Founder at Egyptian Carbon Center

Founder and managing director of CBAMReports.com

CEO and Managing Director of Nile Capital Holding Company and Secretary General of the Egyptian Direct Investment Association (EPEA)

CEO of Sustain360

Country Program Coordinator, Ifad

Lead – Project Management and Structuring,

Country Director at Egypt

Director of the Carbon Footprint Center at Heliopolis University

- Head of Deal Structuring at Albaraka CapitalMr.

Business Development & International Cooperation

- Portfolio Analyst at the Climate Resilient Africa Fund

- Chief Marketing Officer - Mahaseel