In terms of legislation, and with the cooperation of the Ministry of Trade, Fouad explained that an article has been added to the waste laws
Egypt’s vision for a more circular and green economy continues to gain steam as the Ministry of Environment signs a new $3.5 million grant agreement between the Japanese Embassy in Cairo and the United Nations Industrial Development Organization (UNIDO).
The grant will support the implementation of a project to reduce the usage of single-use plastic bags, and eliminate waste by encouraging recycling, which will be carried out in collaboration with the private sector, and Small and Medium-sized Enterprises (SMEs).
Japanese Ambassador to Cairo, Mr. Masaki Noki said, “It is with great pleasure that I announce this important project, in collaboration with three Egyptian female ministers. We aim to preserve the Nile River and the seas by reducing plastic pollutants, strengthening the green economy, and supporting Egypt’s efforts aimed at sustainable growth.”
The agreement was witnessed by Minister of International Cooperation (MOIC) Dr. Rania A. Al-Mashat, and Minister of Trade and Industry Dr. Nevin Gamea.
The agreement is aligned with the MOIC’s development framework towards carrying out the national development agenda that is aligned with the UN Sustainable Development Goals (SDGs) by seeking multilateral and bilateral partnerships.
Egypt and Japan share a development portfolio worth $2.8 billion, with more bilateral cooperation programs in the horizon between the two sides, aiming to enhance efforts towards the achievement of the SDGs in Egypt, said an official statement.
Al-Mashat emphasized the Ministry’s keenness in providing the necessary development funds to implement projects in support of the transition towards a green economy, while promoting resilient recovery and sustainable infrastructure.
Minister of Environment Dr. Yasmine Fouad expressed the project comes after years of work on raising awareness on the pitfalls of single-use plastic bags.
The Minister explained that while the plastic bags are only used for twenty minutes, it takes nearly a thousand years for them to decompose; negatively impacting the environment.
Dr. Basil Al-Khatib, Regional Director of the UNIDO, stressed the importance of the project in preserving the environment, supporting climate action, reducing plastic pollutants, and promoting green transformation. Al-Khatib also thanked Japan for its continuous contributions and cooperation with the organization to push for sustainable development.
The Ministry of Environment has prepared technical studies in partnership with the Center for Environment and Development for the Arab Region and Europe (CEDARE), and in support of the European Union (EU), to assess the situation in Egypt.
In terms of legislation, and with the cooperation of the Ministry of Trade, Fouad explained that an article has been added to the waste laws to address limiting the production and consumption of single-use plastic bags.
She stressed on the importance of raising awareness and closing the financing gap for SMEs by providing them with support and financing incentives in order to find alternative to the plastic bags.
Fouad pointed out that there are several pioneer and youth-led companies, such as Bedara, Banlastic, and WeCare, that have established projects to limit the use of single-use plastic bags.
Egypt and Japan’s current portfolio is spread in diverse high-priority fields, especially in the sectors of education, transportation, health, water resources, tourism and aviation.
Al-Mashat further highlighted that the Ministry is focused on securing development funds for the environment sector.
MOIC’s minister also explained that “the ongoing development financing portfolio for the environmental projects amounts to $260 million.”
This includes a solid waste management and industrial pollutants control project that is implemented in partnership with the World Bank, European Investment Bank (EIB), Agence Française de Développement (AFD), European Union, and Italy.
The Minister applauded the role of UNIDO in supporting the implementation of projects that achieve well-rounded sustainable growth, increase job opportunities, and achieve environmental sustainability, in cooperation with all stakeholders.
Al-Mashat also pointed out the strategic relations between Egypt and the UN, which confirm the country’s firm commitment in multilateral cooperation towards achieving the SDGs.
Al-Mashat said that the Ministry of International Cooperation seeks governing multilateral cooperation through the three principles of Economic Diplomacy: Multi Stakeholders Platform, ODA SDG Mapping, and the Global Partnerships Narrative that puts “People at Core”, “Projects in Action,” and “Purpose as the Driver”.
Launched by the Ministry of International Cooperation, the 2020 annual report, titled “International Partnerships for Sustainable Development: Writing the Future in a Changing Global Dynamic” reviews the efforts and allocation of development financing in cooperation with multilateral and bilateral development partners. In 2020, the Ministry secured $9.8 billion in development financing, of which $6.7 billion was secured for financing sovereign projects and $3.19 billion was secured in support of the private sector.
