Climate forum ahead of COP27 kicks off in Egypt
September 12, 2022, 6:42 am

COP27

On Sunday 11 Sep, the “Environment and Development 2022; The Road to Sharm El-Sheikh COP27” forum began in Egypt. The forum is being organized by the Arab Water Council under the patronage of the Ministry of Foreign Affairs, in cooperation with the Ministry of Environment. It will last until the 13th of September 2022.

Over 50 speakers met to discuss climate change adaptation and mitigation, and to cover the key themes; water resources, biodiversity and oceans, agriculture and food security, climate cross cutting issues, solutions & tools, energy and sustainable growth and cities.

The sessions for the Climate Change COP27 witnessed an outstanding attendance, as visions and initiaives on improving collaboration amongst decision-makers and environment and sustainable development experts took centre stage.

Professor Mahmoud Abu-Zeid, the head of the Arab Water Council stated that: "We hope to promote a better understanding of the management of water resources in our region during the EDF 2022 Forum and how a scientific approach and awareness can help us achieve good water governance.

Our role is to highlight water resource management challenges and address why sustainable development is critical for the survival of the human race. We need strategies, roadmaps and technologies that address environmental issues, and we hope that knowledge-sharing at the Forum will help us all achieve new milestones."

During his speech, he called for financial support for the "Green Fund" and achieving a balance of funding between adaptation and mitigation projects for projects related to achieving the sixth goal of the sustainable development goals that are more economically and socially related to the first and second goals related to combating poverty and hunger.

He reiterated the need for global policies and regional policy frameworks to support the shift from reactive to proactive drought management.

Mohamed Abbas Fayed, cheif executive officer and managing director at FABMISR, commented on FABMISR’s Banking Sponsorship and participation as saying: “We’re delighted to be participating in a forum that gathers industry experts and leading corporations to explore ways of integrating sustainability and green finance into business operations; all with an aim to reduce global warming and pollution, enhance energy and resource efficiency, and prevent the loss of biodiversity and ecosystem services.”

As FABMISR is a strong supporter of driving the green transformation, in Egypt and beyond, Fayed stressed that banking sector plays a pivotal role in providing and facilitating green bonds and green financing.

The event registers 800 participants from over 30 countries committed to driving change, reducing their carbon emissions and building more sustainable futures for their business.

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced its sponsorship of the “Innovation and Sustainable Technology Solutions Competition (GU - IST Solutions), hosted by Gulf University at its main campus.
This strategic sponsorship reflects BENEFIT’s active role in advancing technological innovation and fostering sustainable solutions to future challenges. It also seeks to empower Bahraini youth by enhancing their skills, capabilities, and competitiveness in innovation and solution development—contributing meaningfully to the broader goals of sustainable development across all sectors.
As part of BENEFIT’s active involvement in the competition, the company has announced that Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication, will serve on the competition’s supervisory committee. Her upcoming participation reflects BENEFIT’s forward-looking commitment to championing academic and professional excellence.
Commenting on the occasion, Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication at BENEFIT, said, “We are privileged to support this pioneering initiative, which aligns seamlessly with BENEFIT’s enduring commitment to fostering innovation and nurturing the potential of Bahrain’s youth. Our participation is rooted in a deep sense of social responsibility and a firm belief in the pivotal role of innovation in shaping a sustainable future. Through such platforms, we seek to empower the next generation with the knowledge, skills, and foresight required to develop impactful solutions that address future challenges, in line with the United Nations Sustainable Development Goals 2030.”
Dr. Aseel Al Ayash Dean of the College of Engineering in Gulf University commented, “We extend our sincere gratitude to BENEFIT for their generous sponsorship and support of the Innovation and Sustainable Technology Solutions Competition. This contribution plays an instrumental role in helping us achieve the strategic goals of this initiative, namely, cultivating a culture of innovation and sustainability, encouraging efforts that address the imperatives of sustainable development, and enhancing the practical and professional capabilities of our students and participants.”
The event will bring together a diverse spectrum of participants, including secondary school students, university undergraduates, engineers, industry professionals, entrepreneurs, academic researchers, and subject matter experts representing a wide range of disciplines.
The competition seeks to inspire participants to develop and present innovative, sustainable technologies aimed at addressing pressing environmental, social, and economic challenges. It encourages the formulation of business models that integrate advanced technological solutions with core principles of sustainability. Moreover, it serves as a platform for emerging leaders, entrepreneurs, and innovators to contribute to the advancement of the Sustainable Development Goals, promote the ethos of responsible technology, and demonstrate its transformative potential across various sectors.
Attendees will have the opportunity to view a series of project presentations submitted by participants, covering diverse areas such as eco-friendly product design, smart and sustainable innovations, renewable energy technologies, water conservation and management, waste minimisation and recycling, green architectural solutions, and sustainable transportation systems. Outstanding projects will be formally recognised and awarded at the conclusion of the event.