At Stockholm +50 Conference, which is organized by the United Nations General Assembly in Sweden, the two sides mulled integration of environmental work with the energy and water sectors. She further added that an ambitious target was set for 50 percent of the country's projects to be green by 2024 and 100 percent by 2030. The Egyptian Environment Minister also said that Egypt hopes the COP27 will achieve the aspirations of nations in addressing the effects of climate change and working to implement the decisions of the UN Climate Change Conference in Glasgow (COP26). Green bonds have also been launched, which focus on projects to address the effects of climate change, such as transportation and sanitation projects, explaining the work to provide profitable projects in this regard, such as new energy projects. Fouad reviewed the Egyptian vision in the transition towards new and renewable energy, linking it to the issues of water desalination and activating the participation of the private sector in environmental projects, especially the energy field.

Source: Egypt Today June 04, 2022 12:20 UTC