Latest news with #greentransformation


Malay Mail
07-07-2025
- Business
- Malay Mail
Global Eco forum in China's Guiyang highlights Green Transformation
This photo taken on July 5, 2025 shows a sign of the Eco Forum Global Guiyang 2025 in Guiyang, southwest China's Guizhou Province. The Opening Ceremony of 2025 Eco Forum Global Guyang, Photographed on July 5th 2025. GUIYANG, CHINA - Media OutReach Newswire - 7 July 2025 - Eco Forum Global Guiyang 2025, China's only national-level international forum dedicated to ecological civilization, kicked off on Saturday in Guiyang, the capital of southwest China's Guizhou year's event, themed "Harmonious coexistence between humans and nature -- global collaborative development for green transformation," has attracted some 800 participants. Twenty sub-forums will be held, covering key topics on sustainable development, climate change, biodiversity conservation and environmental the two-day event, the latest eco-friendly technologies and products in fields like new energy and solid waste treatment will be unveiled and at the opening ceremony, Morris Toiraena, deputy speaker of the National Parliament of Solomon Islands, praised the forum's role in promoting international green cooperation."The forum's enduring commitment to ecological civilization, aligned with China's forward-thinking concepts, policies and actions, serves as an inspiring example for all of us," he its inception in 2009, the forum has successfully convened 12 sessions. It now serves as both a key platform to showcase China's progress in ecological civilization and a cultural bridge for fostering international exchanges and cooperation. The issuer is solely responsible for the content of this announcement.

Associated Press
07-07-2025
- General
- Associated Press
Global Eco forum in China's Guiyang highlights Green Transformation
GUIYANG, CHINA - Media OutReach Newswire - 7 July 2025 - Eco Forum Global Guiyang 2025, China's only national-level international forum dedicated to ecological civilization, kicked off on Saturday in Guiyang, the capital of southwest China's Guizhou Province. This photo taken on July 5, 2025 shows a sign of the Eco Forum Global Guiyang 2025 in Guiyang, southwest China's Guizhou Province. This year's event, themed 'Harmonious coexistence between humans and nature -- global collaborative development for green transformation,' has attracted some 800 participants. Twenty sub-forums will be held, covering key topics on sustainable development, climate change, biodiversity conservation and environmental governance. The Opening Ceremony of 2025 Eco Forum Global Guyang, Photographed on July 5th 2025. During the two-day event, the latest eco-friendly technologies and products in fields like new energy and solid waste treatment will be unveiled and promoted. Speaking at the opening ceremony, Morris Toiraena, deputy speaker of the National Parliament of Solomon Islands, praised the forum's role in promoting international green cooperation. 'The forum's enduring commitment to ecological civilization, aligned with China's forward-thinking concepts, policies and actions, serves as an inspiring example for all of us,' he said. Since its inception in 2009, the forum has successfully convened 12 sessions. It now serves as both a key platform to showcase China's progress in ecological civilization and a cultural bridge for fostering international exchanges and cooperation. The issuer is solely responsible for the content of this announcement.


Zawya
16-06-2025
- Business
- Zawya
Egypt selected for $1bln climate fund decarbonisation programme: Al-Mashat
Egypt has been selected as one of seven countries to benefit from the Climate Investment Funds' (CIF) $1bn Industrial Decarbonisation Programme, Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat announced on Saturday. Egypt was chosen from a global pool of 26 applicants for the programme, which is the first global development financing initiative aimed at reducing emissions in the industrial sector of developing countries. The other selected nations are Brazil, Mexico, Namibia, South Africa, Turkey and Uzbekistan. Al-Mashat said the selection reflects international confidence in Egypt's climate action strategies. 'The selection reflects international institutions' confidence in national climate action strategies and green transformation efforts,' Al-Mashat stated, adding that a 'strong institutional framework and effective partnerships with development partners and the private sector contributed to Egypt's winning bid among 26 countries.' The ministry submitted Egypt's proposal in collaboration with the European Bank for Reconstruction and Development (EBRD), the World Bank, the International Finance Corporation (IFC) and the African Development Bank (AfDB). The submission was based on Egypt's green economy transition goals, institutional capabilities and private sector participation. The minister said the government is working to integrate national policies with climate objectives and that Egypt has intensified its climate efforts since hosting the COP27 summit in November 2022. During the summit, Egypt launched its 'NWFE' country platform, a programme designed to attract climate investments through government, private sector and international partnerships. The CIF confirmed that an independent expert team assessed the applications. The programme aims to support low-emission industrial transformation, create green jobs and improve the long-term economic competitiveness of participating nations, positioning them to benefit from a global market for eco-friendly goods projected to reach $2trn by 2030. Tariye Gbadegesine, CEO of the Climate Investment Funds, said emerging markets are playing a key role in the effort to reduce industrial carbon emissions. 'The global race to decarbonize the industrial sector has begun, and emerging markets are leading the way,' Gbadegesine said. 'Decarbonizing industry is not just about cutting emissions, it is also about securing long-term prosperity and future jobs. It is vital to produce the low-carbon industrial inputs the world urgently needs to scale renewable energy capacity and power the global economy.' The seven selected countries are expected to work with multilateral development banks and private sector partners to develop investment plans for approval by the CIF board. The plans will allow them to access concessional financing to scale up clean technologies, such as green hydrogen. The Industrial Decarbonisation Programme is part of the CIF's $9bn Clean Technology Fund (CTF). According to the CIF, the fund uses a private capital mobilisation mechanism that generates $12 in additional financing for every dollar it invests. During the COP27 conference, Egypt also ranked first in the North Africa and Europe region for the CIF's Nature, People, and Climate Investment initiative, which provides $500m to support projects in developing countries. The ministry said technical discussions are underway with the CIF to use this initiative to fund projects under the 'NWFE' programme. © 2024 Daily News Egypt. Provided by SyndiGate Media Inc. (