Hivos is excited to announce the Green Growth Summit, a regional event organized in Tunis and Cairo that will build partnerships for climate change mitigation and open green economic pathways in North Africa.
The Summit, organized by Hivos and partners from the development and private sectors, will take place on April 30 (Tunis, Tunisia) and May 14 (Cairo, Egypt). It will bring together business support organizations, small and medium-sized enterprises, investors, and policymakers to promote green ecosystems and strategies and work on a Just Transition.
The Summit will have at least 5 main tracks:
- Green Exports, highlighting the benefits of going green
- De-risking Green Investment, exploring partnership models and opportunities
- Green Jobs, focusing on training and capacity building
- Green Clusters, promoting green value chains and solutions
- Impact Investing, discussing donor strategies and investor opportunities for green and impact investing.
In preparation for the Green Growth Summit, Hivos hosted several events in Egypt and Tunisia to facilitate discussions on sustainable growth, the green economy, and investment initiatives.
Hivos' round table for donors
At a dynamic round table hosted by Hivos in Egypt on February 25, representatives from the Dutch and British Embassies in Cairo, CARE Egypt, CFYE, GIZ, ILO, UNDP, USAID, and Business Egypt met to discuss the future of sustainable growth locally and regionally.
Participants exchanged insights and highlighted the importance of collective action in driving sustainable change. They also identified the main factors hindering both the development of small and medium-sized enterprises and investor interest in green investment opportunities.
The participants also looked at challenges, scalability, and other essential factors involved in making the green sector successful in Egypt, as well as the possibility of co-creating a Donor Support Agency for green initiatives in Egypt.
A second round table is scheduled during the month of Ramadan (March 10 to April 8, 2024) to continue these fruitful conversations around green entrepreneurship programs in Egypt.
"Investing in Green Economy" debate in Tunis
Reflecting on the Green Growth Summit preparations, the Tunisian Association of Capital Investors and New Silk Roads, supported by Hivos, organized a debate in the Bourse de Tunis to address the challenges of mobilizing financing and mechanisms suited to green economy projects in Tunisia. Representatives of the Tunisian Deposit and Consignment Fund, the Climate Resilient Africa Fund, Wattnow, Geec, Next Protein, and others attended. They stressed the importance of financial reforms and emphasized the necessity of issuing green bonds by 2025 to support Tunisia's energy transition. Discussions highlighted the crucial role of financial cooperation in driving sustainable development initiatives in the region.
Green Growth Summit
Anticipation builds for the flagship events in April and May. The Green Growth Summit promises to jump-start practical strategies and forge partnerships aimed at fostering a resilient and thriving green economy across the region.
As discussions evolve and initiatives take shape, the momentum towards green growth and sustainability is palpable. With collaborative efforts and innovative solutions, regional stakeholders are paving the way for a more environmentally conscious and prosperous future.
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