2nd round of Egypt-ICF to kick off Wednesday under the patronage of President Sisi

Doaa A.Moneim , Sunday 4 Sep 2022

Under the auspices of President Abdel-Fattah El-Sisi, the second edition of the Egypt-International Cooperation Forum (Egypt-ICF), and the Meeting of African Ministers of Economy, Finance and Environment, is scheduled to kick off on Wednesday for three days.



Egypt-ICF is organised by the Ministry of International Cooperation in partnership with the ministries of foreign Affairs, finance and environment under the theme of moving from pledges to implementation.

The overall objective of the event is to align African climate finance positions with needs, prioritise actions that can be led by African countries to increase climate finance available for implementation, showcase successful development practices and champion new initiatives and actionable policies on climate mitigation and adaptation.

The event is expected to witness high-level participation from the heads of international and regional financing institutions as well as United Nations officials in order to urge the international community to deepen its partnership with Africa to forge a common path.

Egypt is capitalising on its rich history of international cooperation to strengthen solidarity and cooperation between Africa and the world and to continue to promote the building of a global community with a shared future in the lead-up to the UN Conference on Climate Change 2022 (COP27).

High-level participants include Amina J. Mohammed, deputy secretary-general of the UN and chair of the United Nations Sustainable Development Group; John Kerry, US climate envoy; Mark Carney, UN special envoy on climate action and finance; Odile Renaud Basso, president of the European Bank for Reconstruction and Development; Benedict Okey Oramah, president and chairman of the board of directors at the African Export–Import Bank; and Mathias Cormann, secretary-general of the Organisation for Economic Co-operation and Development.

They also include Khalida Bouzar, assistant secretary-general and director of the UN Development Programme Regional Bureau for Arab States; Vera Songwe, UN under-secretary-general; Mari Pangestu, managing director of development policy and partnerships at the World Bank; Mokhtar Diop, executive director and vice president of the International Finance Corporation; Mahmoud Mohieldin, UN climate change high-level champion for Egypt; Ghada Fathy Ismail Waly, executive director of the UN’s Office on Drugs and Crime and director-general of the UN Office at Vienna; and Nigel Topping, the UK's high-level climate action champion.

The event is held in partnership with the United Nations Economic Commission for Africa, Afrexim Bank, African Development Bank Group, the World Bank, Climate Investment Funds, BADEA Bank, the International Islamic Trade Finance Corporation, the International Finance Corporation, the European Investment Bank, Banque Misr and the National Bank of Egypt.

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