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The Ministry of International Cooperation’s annual report reviews details of development financing for the private sector amounting to $10.3 billion in 4 years
The annual report of the Ministry of International Cooperation for 2023, entitled “International Partnerships for Sustainable Development: Platforms for Policy and Practice,” revealed that the total development financing for the private sector from multilateral and bilateral development partners amounted to $10.3 billion during the period from 2020 to 2023.
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The Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat, met with the Head of the Silk Road Fund to enhance joint cooperation in light of developing Egyptian-Chinese relations
Within the framework of efforts to develop joint Egyptian-Chinese relations, the Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat, met with, the President of the Silk Road Fund, Zhou Jun, which works to provide support for infrastructure projects, enhance cooperation with countries located on the Silk Road Project, and encourage investments, trade cooperation and economic relations with those countries, especially the private sector.
Read MoreThe Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat, opens a workshop to review the performance of the development cooperation portfolio with the AfDB
The Minister of International Cooperation, H.E. Dr. Rania Al-Mashat, opened a workshop to review the performance of the development cooperation portfolio with the African Development Bank (AfDB), which is held annually to follow up on the efforts achieved at the level of joint cooperation to advance the development agenda within the framework of the joint country strategy 2022-2026, and setting priorities for future cooperation, documenting the successes and achievements that have been achieved, as well as identifying the obstacles and challenges facing their implementation to formulate the necessary measures to overcome those challenges and develop an appropriate plan to improve the portfolio’s performance.
Read MoreMinistry of International Cooperation and the International Fund for Agricultural Development Organize Joint Event at COP28 on Resilience Monetization and Credit Initiative
The Ministry of International Cooperation and the International Fund for Agricultural Development (IFAD) organized a joint event during COP28, to follow up on the Resilience Monetization and Credit Initiative, which was launched in COP27, with the aim of adopting the resilience credit as an innovative financing tool, with investments directed to adaptation sectors, in light of efforts to increase the efficiency and effectiveness of development cooperation and the climate financing agenda.
Read MoreDuring a Bilateral Meeting at COP28: The Minister of International Cooperation invites the United Nations Office for Project Services (UNOPS) Executive Director to visit Egypt and hold a Workshop with Relevant Entities on the Services Provided by the UNOPS for Joint Cooperation
At COP28, H.E. Dr. Rania Al-Mashat, Minister of International Cooperation, met with Mr. Jorge Moreira da Silva, Executive Director of the United Nations Office for Project Services (UNOPS), in the presence of Ms. Dalila Gonçalves, Regional Director for Africa, as the office is the arm of the United Nations to provide services, project, procurement and infrastructure management for UN agencies, governments, and other companies.
Read MoreThe Minister of International Cooperation, H.E. Dr. Rania Al-Mashat, Witnessed the Announcement of the Results of the 2nd edition of the Global Climate Technology Competition ClimaTechRun2023, which was Organized by the Ministry of International Cooperation during COP28.
During COP28, the Ministry of International Cooperation organized a high-level event in the Egyptian pavilion at the conference, to announce the results of the 2nd edition of the international climate technology competition ClimaTechRun2023, which targets emerging companies in the field of climate action. That was in the presence of Alessandro Fracassetti, Resident Representative of the United Nations Development Programme (UNDP), Mirna Arif, General Manager of Microsoft Egypt, and many representatives of startups, international institutions and entrepreneurs who participated in the 1st edition of the ClimaTechRun2022 competition. The 2nd edition of the competition was organized in partnership with the Ministries of Communications and Information Technology, and the Environment, along with development partners; UNDP, USAID, Microsoft, World Bank Group (WBG), and Korea Green Growth Fund.
Read MoreThe Ministry of International Cooperation and the World Bank Group Announced a New Partnership to Encourage Innovation and Localize Modern Technology in the field of Sustainable Agriculture at the Local and Regional levels during COP28
The Ministry of International Cooperation announced the launch of a new partnership with the World Bank Group (WBG) to stimulate innovation in the field of climate-smart agriculture, during an event organized by the Ministry in the Egyptian Pavilion within the activities of the United Nations Climate Conference COP28, in the United Arab Emirates.
Read MoreThe Ministry of International Cooperation participates in the United Nations' GenU Initiative in Launching the “GreenRising” Program to Enhance the Participation of 10 Million Youth in Climate Action by 2025 at COP28 in the UAE.
The Ministry of International Cooperation, the United Nations’ Generation Unlimited (GenU) initiative, participated in launching the Green Rising Program, which aims to empower 10 million youth, develop their skills, and enhance their participation in volunteer work to promote green growth and encourage job opportunities and entrepreneurship, through a partnership between the government and private sectors over the next three years until 2025.
Read MoreThe Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat, Holds Multiple Bilateral Meetings with Heads of International Financial Institutions and Representatives of Development Partners and Financial Institutions at COP28
The Minister of International Cooperation,H.E. Dr. Rania A. Al-Mashat, held a number of bilateral meetings with representatives of multilateral and bilateral development partners, during her participation in COP28 in the United Arab Emirates.
Read MoreInternational Financial Institutions promote partnerships with Egypt in Implementing the NWFE program during COP28.
The European Bank for Reconstruction and Development (EBRD) and the International Fund for Agricultural Development (IFAD) highlighted the partnership with Egypt in implementing energy and food projects within the NWFE program, during the participation of the two international institutions in COP28.
Read MoreThe Minister of International Cooperation, H.E. Dr. Rania Al-Mashat, Delivers the Closing Speech of the Sustainable Innovation Forum during COP28
The Minister of International Cooperation, H.E. Dr. Rania Al-Mashat, participated in the Sustainable Innovation Forum, held during COP28 in the United Arab Emirates, and organized by the non-profit Climate Action Foundation. The forum was attended by business leaders, governments, civil society, 1,000 decision-makers, investors, innovators, climate leaders, and about 150 speakers. The forum is intended to explore the urgent actions the world needs to promote a just transition towards green transformation, establish partnerships between sectors, and showcase innovative climate solutions that accelerate the pace of this transformation.
Read MoreThe IFAD Organizes a Special Session to Review the NWFE program as a Leading National Platform for Bridging the Climate Financing Gap during the Activities of COP28 and in the Presence of the Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat
During the activities of COP28 held in the United Arab Emirates, the International Fund for Agricultural Development (IFAD) organized a special session to discuss the national platform of the NWFE program, the pillar of the link between water, food and energy projects, and its role as a leading national institution in bridging the climate financing gap and promoting development and transformation efforts. The session highlighted the program as a replicable model in developing countries and emerging economies, to overcome climate challenges and enhance the capacity to mobilize financing for mitigation and adaptation projects.
Read MoreThe Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat, Participates in a Meeting to Discuss the 2nd Report of the IHLEG on the New Climate Finance Framework with the COP28 Presidency and Members of the IHLEG and the Heads of International Finance Institutions
As part of her participation in the activities of the United Nations Climate Conference COP28 in the United Arab Emirates, and at the invitation of the UAE Presidency of the Climate Conference, the Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat, participated in the meeting of the Independent High-Level Expert Group (IHLEG) on Climate Finance to discuss the team’s second report on the new climate finance framework. They discussed the investment gap facing developing countries and emerging economies, and the need to bridge that gap by adopting a comprehensive approach to climate financing to achieve the goals of the Paris Climate Agreement.
Read MoreThe Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat, Participates in a High-level Event to Launch a Partnership to Enhance Women’s Ability to Adapt to Climate Change on Gender Equality Day at COP28
The Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat, participated in a high-level event to discuss women’s empowerment within the Paris Climate Agreement. The event witnessed the launch of an international partnership to enhance women’s ability to adapt to climate change and ensure a just, gender-responsive transition, with the participation of Razan Al Mubarak, UN Climate Change High-Level Champion at COP28, Maya Morsy, President of the National Council for Women, Odile Renaud-Basso, President of the European Bank for Reconstruction and Development (EBRD), and many representatives of governments and international financial institutions.
Read MoreThe Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat, Meets with the World Bank’s Senior Managing Director for Development Policy and Partnerships Affairs
During the activities of COP28 in the United Arab Emirates, the Minister of International Cooperation and Governor of Egypt at the World Bank Group (WBG), H.E. Dr. Rania A. Al-Mashat, met with the Senior Managing Director for Development Policy and Partnerships Affairs at the World Bank, Axel van Trotsenburg, in order to follow up on cooperation efforts with the bank. The WBG is one of the strategic development partners of the Arab Republic of Egypt, and contributes to financing many projects in various development fields.
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