The Egyptian government has discussed with the World Bank Group (WBG) the framework for future bilateral cooperation to forge climate action policies and monitor their impact on catalyzing economic growth and attracting investments to the local market.
Rania Al-Mashat, Minister of International Cooperation, and Yasmine Fouad, Minister of Environment, represented Egypt in the meeting, while Ayat Soliman, Regional Director of WBG’s Sustainable Development Department for the Middle East and North Africa (MENA) region, spoke for WBG.
The meeting, held on Wednesday, underscored the national efforts in the path of green and sustainable growth through some important projects, such as the Bahr Al-Baqar Water Drainage System and the El-Gabal El-Asfar Wastewater Treatment Plant (GAWWTP).
The value added by these projects to Egypt’s development efforts and their role in attracting green investments, were also highlighted. In addition, the meeting delved into the cooperation needed to transfer and imbed technological innovations into the services provided across different sectors, namely agriculture, industry, irrigation, and infrastructure
