Mahmoud Mohieldin, UN Climate Change High Level Champion for Egypt and the UN Special Envoy on Financing 2030 Sustainable Development Agenda - Press photo
CAIRO - 14 November 2022: Mahmoud Mohieldin, UN Climate Change High Level Champion for Egypt and UN Special Envoy on Financing 2030 Sustainable Development Agenda, stressed the need to enhance the role of women in the business sector, especially since COP27 is the summit of implementation and partnerships, by adopting a comprehensive approach and reviewing the rules relating to women's participation in this regard.
Mohieldin’s remarks came during his participation in a session entitled “Women and Climate Change Finance” in the presence of Minister of International Cooperation Rania Al-Mashat, President of the National Council for Women Maya Morsi, Director of Economic Inclusion and Gender Equality at the European Bank for Reconstruction and Development Barbara Rambosek, environmental activist in Chad Hindu Omaru Ibrahim and Regional Director For the Global Center for Adaptation Anthony Nyong'o.
In this context, Mohieldin referred to the National Initiative for Smart Green Projects at the level of the Egyptian governorates in cooperation with the Ministry of Planning, Environment and International Cooperation and a number of concerned parties, as this initiative witnessed adequate representation of women in the six categories, but there is a need to strengthen the participation of women in this initiative. The initiative will be held every year, he added.
Mohieldin added that the Deputy Secretary-General of the United Nations, Amina Mohammed, announced that this initiative will be a major part of the upcoming climate summits, pointing to the presentation of a number of winning projects in the initiative at COP27.
On the other hand, Mohieldin explained that many projects related to resilience in the face of climate changes and projects related to food security are led by women, which requires the provision of easy financing means, stressing that global financing conditions have a direct impact on women's participation in climate action at the local and international levels.
Mohieldin also stressed the need to promote long-term investments to support investable and bankable projects, especially in sectors that are difficult to direct investents to, praising the concessional financing policies of the International Development Agency (IDA).
Mohieldin concluded his speech by emphasizing the promotion of women's participation in leadership positions through appropriate legislation and a change in behavior in this regard.