2/6: Loss of #biodiversity is one of the most devastating impacts of #climatechange as it compounds the damages to our ecosystems, agriculture, and livelihoods.
3/6: As the planet’s atmospheric temperature continues to rise, extreme weather events become more frequent, and ecosystems, to face further destruction, we drive loss of species, sometimes with irreversible consequences.
4/6: In 1992 Earth Summit established The Rio Conventions, a framework to combat #biodiversity loss, #desertification, and #climatechange. However in the decades since, these phenomena continue to worsen.
5/6: Yet it is estimated that if we restored our biodiverse ecosystems and applied #regenerative systems, the economic benefits could exceed USD 125 trillion dollars annually.
6/6: The Rio Conventions: Restoring Balance with Nature for a Sustainable Future brought ministers, @UN officials, & #biodiversity specialists together to renew commitments and urge the international community to accelerate biodiversity protection.
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2/4: The session discussed ways to protect the coasts of #Egypt & other developing countries, as well as how to protect lowlands from floods & erosion through #naturebasedsolutions.
3/4: “We need to emphasize the important of the project to enhance #adaptation, protect the #NileDelta & acknowledge it as a model for implementation projects to achieve sustainable development & as a product of extended cooperation with the Green Climate Fund,” said Dr. Fouad.
🪡 1/4: #COP27 live at the #BlueZone | Facilitating Transformational Climate Adaptation for the Least Developed Countries Fund (LDCF) and the Special Climate Change Fund (SCCF)
2/4: Securing climate finance for low-income countries is a critical challenge to enabling their adaptation & resilience measures. Low income countries are particularly vulnerable to climate change impacts, & lack the financial resources required to build capacity on adaptation.
3/4: The Global Environment Facility, part of the operating entity of the Financial Mechanism for UNFCCC, held a pledging event to secure climate finance for the Least Developed Countries Fund and the Special CLimate Change Fund.
🪡 1/4 : #COP27 live from the #GreenZone | How the Textile & Apparel Industry Needs to Coordinate and Align With Brands and Retailers in Order to Lower Its Impact on the Environment Along the Supply Chain
2/4: “An inclusive #COP is one that #retailers & #designers are a part of. It is one that can discuss how our shopping habits also interact with the #environment.”
H.E. Dr. Yasmine Fouad, Minister of Environment
3/4: “It’s not cotton that’s harmful it’s the #manufacturing process. Cotton is the perfect low carbon fiber but we’re just not stressing the importance of #regenerative#farming & #agriculture.”
2/7: The #Energy Security and #ClimateChange side event gave energy ministers and secretaries along with energy security experts the opportunity to speak about the current energy crisis and the #geopolitical challenges that currently exacerbate the issue.
3/7: Speaking on #Egypt’s #energy transition Dr. Yasmine Fouad said, “There is no one size fits all model. We need plans to be aligned with our NDCs & we need to be flexible so that we are able to adapt our development strategies down the line as needed.”
Mohamed Elewa, Founder & CEO, Eco Egypt & Mainstreaming Biodiversity into the Tourism Sector Project Manager, UNDP
3/4: “We’ve been focusing a lot on working together & building private-public relationships that can enable our #protectorates to facilitate #sustianabletourism.”
Hoda El Shawadfi, Assistant to the Minister of Environment for Ecotourism Affairs
2/4: This morning’s event explored the state & future of climate financing in Egypt. HE Dr. Yasmine Fouad opened with a keynote speech discussing the strong level of cooperation and long term partnerships between the Egyptian government and the country’s national banks.
3/4: Dr. Fouad thanked the National Bank of Egypt, whose Chairman Mr. Hisham Oksasha attended & later spoke, for NBE's role in facilitating mitigation projects in #Egypt. The minister notes renewable energy projects as bankable, & called for expansion into food & water projects.