Minister of International Cooperation Rania Al-Mashat held two meetings with Global Head of Asset Finance at Bank of America Amir Farouk and Head of Sustainable Investment at BlackRock Paul Bodnar.
The meeting was held on the fringe of Mashat’s participation in an international conference titled for “the Transition Finance Towards Net Zero (TFNZ) Conference” which was inaugurated earlier in the day in Singapore.
During the meetings, they discussed strengthening bilateral relations and ways to advance climate action efforts and green transformation within the framework of Egypt’s preparations for the COP27 climate conference, and participation in Egypt Country Platform for NWFE (Nexus on Food, Energy and Water).
She also underlined the state’s efforts to launch a national strategy on climate change 2050 as well as the program titled Egypt Country Platform for NWFE (Nexus on Food, Energy and Water) to propel transition towards green economy.
Mashat said the Ministry of International Cooperation launched NWFE program, which provides opportunities for mobilizing finance and private investments to support Egypt’s green transition, contribute to international efforts aimed at reducing emissions along with backing the technological transfer in the field of combating the impact of climate change.
Source: State Information Service Egypt