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COP27 - Climate change
11/18/2022 11:50:00 AM
Extra efforts are needed in the remaining hours of the 27th session of the United Nations Conference on Climate Change (COP) to respond to the urgent and legitimate demand for adequate funding step up for Loss and Damage, COP27 President Sameh Shoukry said on Thursday.

COP27 - Sharm El-Sheikh
11/17/2022 4:43:28 PM
UN climate talks were deadlocked Thursday over calls to create a special fund to cover the losses suffered by vulnerable nations hit by natural disasters, raising the risk that negotiations could collapse.

Egypt - Society
11/17/2022 11:33:00 AM
President Abdel-Fattah El-Sisi has issued directives to conduct a census of the families of those martyred in wars since 1948 to enable them to benefit from services offered by the Martyrs Honouring Fund such as education, healthcare and other social programs.

Business - Energy
11/16/2022 7:32:19 PM
The Sovereign Fund of Egypt (TSFE) has signed an MoU with Saudi Arabia’s utility developer ACWA Power to explore a joint investment in a $1.5 billion wind energy project with a capacity of 1.1 gigawatt (GW) in the Egyptian Gulf of Suez, a statement said on Tuesday.

COP27 - Sharm El-Sheikh
11/16/2022 7:31:38 PM
The European Union on Wednesday said it would dedicate more than $1 billion in climate funding to help countries in Africa boost their resilience in the face of the accelerating impact of global warming.

COP27 - Climate change
11/16/2022 7:09:03 PM
Small island states whose existence is threatened by rising seas insist they will not leave UN climate talks without a fund to contain the impacts of global warming, a chief negotiator told AFP Wednesday.

COP27 - Climate change
11/16/2022 12:00:36 PM
Director-General of the International Committee of the Red Cross (ICRC) Robert Mardini spoke to Ahram Online about the importance of revising adaptation and mitigation mechanisms to prioritise funding for the most vulnerable and least developed countries.

Opinion - Opinion
11/16/2022 6:16:00 AM
Mahmoud Mohieldin calls upon international development funding institutions to finance climate action projects through long-term facilitated loans extended to all low and middle income countries without exception

COP27 - Sharm El-Sheikh
11/15/2022 11:54:37 PM
Negotiators at COP27 climate talks in Egypt prepared Tuesday for a looming showdown over how, and how quickly, to funnel funds to developing countries battered by deadly and costly climate impacts.

COP27 - Climate change
11/15/2022 4:33:42 PM
COP27 entered its final week Monday with rich carbon polluters and developing nations at loggerheads over how to speed up and fund reductions in emissions to slow global warming.

COP27 - Climate change
11/15/2022 3:31:05 PM
In an interview with Ahram Online on the sidelines of the 27th UN Climate Change Conference (COP27) in Sharm El-Sheikh, Valvanera Ulargui, director of the Spanish Office for Climate Change, said that “The fundamental issue for us is maintain trust and continue advancing to be able to comply in time with the matters agreed to at Paris in 2015 and at Glasgow in 2021.”

COP27 - Climate change
11/15/2022 2:38:04 PM
COP27 entered its final week Monday with rich carbon polluters and developing nations at loggerheads over how to speed up and fund reductions in emissions.

COP27 - To Know
11/14/2022 1:31:07 PM
On the sidelines of the COP27, held in Sharm El-Sheikh, Emerging Market Climate Action Fund (EMCAF) announced on Monday a $25 million investment into Alcazar Energy Partners II, according to the European Investment Bank (EIB).

World - International
11/13/2022 11:51:25 AM
G20 health and finance ministers launched a $1.4-billion fund Sunday to tackle the next global pandemic ahead of the bloc's leaders gathering for a summit on the Indonesian resort island of Bali but the host's president said it was not enough.

Egypt - Climate change
11/11/2022 2:19:00 PM
Egypt's green economy transition file, NWFE, has won first place among North African and European countries for the Climate Investment Funds (CIF) initiative on nature and climate investments, Minister of International Cooperation Rania Al-Mashat announced Thursday.

COP27 - Climate change
11/11/2022 10:35:10 AM
Battling droughts, sandstorms, floods, wildfires, coastal erosion, cyclones and other weather events exacerbated by climate change, the African continent needs to adapt, but it needs funds to do so, leaders and negotiators from the continent said at the U.N. climate summit.

COP27 - Sharm El-Sheikh
11/9/2022 9:31:51 PM
When it comes to helping poor nations cope with climate change, the United States government left its wallet at home. So it hopes its friend, big business, can help pick up the tab.

Business - Economy
11/9/2022 6:08:51 PM
The Qatar Investment Authority (QIA), Qatar’s sovereign wealth fund, has deposit $1 billion into the Central Bank of Egypt, which paves the way for the authority to pump new investments into the Egyptian market, Bloomberg said on Wednesday.

COP27 - Climate change
11/9/2022 5:26:19 PM
Prime Minister Mostafa Madbouly and the Green Climate Fund (GCF) launched on Wednesday Egypt's Climate Investment Plan to accelerate the country's climate action through investment planning.

Business - Economy
11/8/2022 2:59:21 PM
The World Bank Group (WBG) announced Tuesday a new multi-partner fund that will pool funding from the global community – including donor countries, the private sector and foundations – for scalable pathways to reducing greenhouse gas emissions.

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