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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``.
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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 .

This session reviews the investment opportunities in the field of renewable energy, energy efficiency, and green solutions in the construction, industry, and sustainable agriculture sectors. This is due to the increasing demand for clean energy solutions and rationalization of energy consumption, and the importance of diversifying energy sources and achieving sustainable development.

This has a positive impact on the environment and the economy, and creates new job opportunities. Government policies and incentives supporting green investments in these promising sectors will be highlighted, and the potential returns and environmental and economic benefits from expanding environmentally friendly projects will be discussed, and the role of the private sector in supporting the financing of these projects through partnerships with the government and providing the necessary financing and expertise. There will be an opportunity to discuss the challenges and opportunities for increasing green investments in Egypt within a supportive and stimulating framework of policies and legislation.

Axes:

– Renewable energy and investment opportunities.
– Energy efficiency and eco-friendly sustainable solutions towards a green industry.
– Motivating the private sector’s participation in adopting green projects to transfer knowledge and expertise.

Axes:
– Policies and legislation that support green investments.
– Research, innovation, investment risks, investment guarantees.
– Capability building and skills development.
– Awareness and dissemination of a culture of green investment.

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:

  • Reducing the cost of green finance.
  • Transferring international knowledge and expertise in the field of green finance.
  • Innovative financing tools such as green bonds and others.

Given the pivotal role of innovations and modern technologies in driving the transition towards a green and low-carbon economy, the session will focus on how to harness clean technologies, artificial intelligence, and data analysis to reduce emissions, enhance resource efficiency, and protect the environment. Additionally, emphasis will be placed on the importance of digital transformation and adopting green transportation technologies to contribute to a more sustainable economy. The session aims to exchange experiences and ideas on leveraging technological advancements to serve sustainable development goals and promote investment in clean and sustainable industries and solutions. Therefore, the session will review the utilization of technology solutions in green investment, recognizing the immense potential of technology in supporting the transition towards a green economy and the importance of exchanging experiences and expertise in the field of green technology. This will positively impact resource efficiency and raise awareness of the importance of green investment.

 

Axes:

 

  • The role of technology in reducing carbon emissions and promoting sustainability: Clean energy technologies, smart environmental systems.
  • Artificial intelligence and environmental data analysis: Improving resource efficiency, monitoring environmental changes.
  • Digital transformation and sustainability enhancement: Smart agriculture applications, intelligent transportation systems.

Green and sustainable transportation technology: Electric vehicles, public transportation systems.

Axes:

 

  • Digital Infrastructure
  • International Collaboration: Technology Transfer, Knowledge Exchange

Technology Applications

The session will review the stories and experiences of pioneering entrepreneurs who have achieved success in green investment and environmentally friendly projects in the Egyptian market. The session aims to shed light on the challenges faced by these entrepreneurs and how they have overcome obstacles, in addition to highlighting the factors and practices that have contributed to their success. The goal is to share their experiences and inspire young entrepreneurs to invest in sustainable green projects. The session will also address the role of government and non-governmental organizations in supporting green entrepreneurship, and ways to enhance their efforts to create a more empowering and supportive environment for young investors in the green sector.

 

Axes:

 

  • Presentation of entrepreneurs’ experiences in various sectors
  • Challenges faced by entrepreneurs and strategies for overcoming them
  • Best practices and inspiring ideas to encourage further investments

Role of supportive institutions for investors.

Axes:

 

  • The role of government in supporting entrepreneurs
  • The role of international development institutions in supporting entrepreneurs
  • Financing entrepreneurial projects

Exchange of experiences and expertise among entrepreneurs