Egypt, global partners issue joint communique on achievements, commitments in NWFE Program

Mon, 20 Nov 2023 - 12:56 GMT

This announcement occurred at the end of the high-level roundtable held by the Ministry of International Cooperation, in the presence of Prime Minister Mostafa Madbouly.

EIB pledges €1.3B to propel Egypt's green transformation

Tue, 24 Oct 2023 - 10:19 GMT

Kanapinskaite elaborated that the financing include $300 million in concessional development financing for the government, and €1 billion for the private sector to enhance its contribution to the transition to renewable energy.

AFD commits €100M to energize Egypt's NWFE program

Tue, 24 Oct 2023 - 06:16 GMT

The French Development Agency (AFD) is committed to support the implementation of the Nexus of Water, Food and Energy platform (NWFE program), Egypt country head of the AFD, Clémence Vidal de la Blache.

Egypt seeks to finalize agreements on funds directed to “NWFE" Program ahead of COP28

Sun, 15 Jan 2023 - 05:02 GMT

According to Mashat, financing sources would include the State General Budget and the private sector, in addition to easy financing through development companies.

Egypt signs $14B agreements to finance NWFE initiative

Thu, 17 Nov 2022 - 05:37 GMT

Maait elaborated the financing came through the signing of several agreements on the sidelines of the "Funding Day" activities to provide appropriate financing from several parties to achieve sustainable food security, the transition to clean and renewable energy and the development of the water sector.

Egypt signs concessional development funding worth $2.24B

Wed, 09 Nov 2022 - 06:38 GMT

This came in the light of multilateral cooperation efforts to support the State's development vision.

Egypt secures $10B in concessional funding to implement projects in water, food, energy and transport sectors

Wed, 09 Nov 2022 - 01:01 GMT

This comes in the light of efforts to mobilize concessional development funding and strengthen international partnerships to implement the National Climate Change Agenda 2050, and the nationally determined contributions of NDCs.

Egypt aims to present NWFE program as integrated model to mobilizing climate finance: Al-Mashat

Tue, 08 Nov 2022 - 03:22 GMT

Al-Mashat calls for an international response to mobilize $25 billion for Accelerating the Adaptation efforts in Africa .

Al-Mashat highlights NWFE program, Sharm El-Sheikh Guidebook for Just Financing, Egypt’s debt swap experience in UNESCWA

Sun, 18 Sep 2022 - 03:22 GMT

Al-Mashat met with the UNESCWA’s Executive Secretary, Rola Dashti where they discussed Egypt’s Country Platform for the NWFE Program, the Sharm El-Sheikh Guidebook for Just Financing, and Egypt’s country experience on debt swaps with Italy and Germany.

Egypt-US deal on backing NWFE program for promoting green projects to be announced at COP27: Min.

Thu, 01 Sep 2022 - 03:06 GMT

NWFE Program, launched by the Egyptian Ministry of International Cooperation in July, is a mechanism to promote the implementation of green development projects in the vital sectors of water, food and energy by attracting foreign funds in this regard.

Egypt’s Sisi briefed on NWFE Initiative, ‘Sharm El-Sheikh Guide to Fair Finance’

Mon, 29 Aug 2022 - 08:05 GMT

President El-Sisi gave directives to provide support for national programs that promote climate action and to cooperate with international partners to present successful national models to build-on regionally and internationally, in line with Egypt’s goals towards the issue of climate change.