File- FILE PHOTO: Egypt's Finance Minister Mohamed Maait gestures during a news conference in Cairo, Egypt July 17, 2019. REUTERS/Amr Abdallah Dalsh/File Photo


A bunch of finance ministers, heads of regional and international financial institutions, and international bankers, who’re curious about financing the climate issues, are expected to participate within the Finance Day, Maait said.

The Finance Day will tackle the problems of the “revolutionary financing” and “fair transformation financing”, the role of the private sector in mobilizing financial resources and directing them to environmentally-friendly projects, the minister said during his tour in Sharm El Sheikh city.

On the sidelines of the “Finance Day”, a gathering of the Alliance of Finance Ministers for Climate Motion will probably be held. It includes representatives of 70 countries cooperating in strategies geared toward integrating climate considerations and issues into financial and economic policies, the minister said.

The minister further noted that the “Glasgow Financial Alliance for Zero Emissions”, which incorporates a gaggle of major private financing institutions working on transforming to the green economy, will organize events related to its activities throughout the “Finance Day”

LEAVE A REPLY

Please enter your comment!
Please enter your name here