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CAIRO: Egypt participated in two forums on sustainable development, the first at the UN headquarters in New York and the other in Indonesia.
She was represented at the 2022 High Level Political Forum on Sustainable Development in New York by Hala Al-Saeed, Egyptian Minister of Planning and Economic Development.
During one of the forum sessions, Al-Saeed reviewed the Egyptian experience dealing with the repercussions of COVID-19 and noted the conditions the world was witnessing amid the pandemic, in addition to the scene. current international uncertainty and turmoil in economic activities, saying they had significant implications for countries.
She explained the importance of these discussions to strengthen regional and international cooperation on knowledge exploitation and exchange of best practices for poverty eradication and sustainable development.
She said Egypt was keen to share its successful experience in achieving the Sustainable Development Goals, saying the government was working hard to assess how to implement its Vision 2030 and accelerate its achievement.
Al-Saeed told the forum that Egypt has launched the second phase of its Decent Life initiative, the largest development project aimed at creating sustainable rural communities with the participation of all stakeholders.
She said the initiative aims to improve living standards in Egypt’s poorest rural villages by reducing poverty and unemployment rates and improving the overall quality of life.
Egypt’s Minister for International Cooperation, Rania Al-Mashat, participated, via video, in the Sustainable Development Forum hosted by Indonesia in its capacity as current chair of the G20 to launch the Global Blended Finance Alliance to foster the transition towards renewable energies and the development of small and medium-sized enterprises. medium enterprises.
Al-Mashat said Egypt, through its presidency of the United Nations Climate Change Conference COP27, is committed to accelerating the pace of climate action at the energy transition and climate levels. adaptation, to support the capacity of countries to resist climate change and to push the international community to move from climate commitments to implementation.
She added that through joint initiatives and cooperation, it was possible to share knowledge, expertise and experience, coordinate efforts to drive global climate action and strengthen efforts to achieve sustainable development.
Al-Mashat underlined the importance of benefiting from the Egyptian presidency of COP27 and the Indonesian presidency of the G20 to promote the process of exchange of knowledge and experiences between the countries of the South and to accelerate the pace of the movement by encouraging international financial institutions and capital to contribute effectively to achieving development in developing countries and emerging economies.