EBRD invests €30 m in bonds to promote green projects in Croatia
The European Bank for Reconstruction and Development (EBRD) is investing €30 million in bonds issued ...
EBRD official: Egypt’s NWFE model for backing green jobs
Barbara Rambousek, Director of Gender and Economic Inclusion at the European Bank for Reconstruction and Development (EBRD), said that the Egypt Country Platform for NWFE (Nexus of Food, Water and Energy) provides a model for other countries in supporting industries that require upskilling and green job opportunities, helping workers to adapt to the changes happening in the labor market.
She made the remarks during a workshop entitled “A Green Economy-Ready Labor Market” that was held On the second day of the Egypt International Cooperation Forum (Egypt-ICF).
For her part, International Organization for Migration (IOM)’s Deputy Director General for Management and Reform, Amy Pope, called for action on reskilling and upskilling by investing in workforce training and national training programs.
“There must be a comprehensive strategy that develops solutions for all communities affected by the green transition,” she added.
This year’s Egypt-ICF and the Meeting of African Ministers of Economy, Finance and Environment, provides a platform for governments, multilateral and bilateral development partners, philanthropic foundations, private sector, think tanks, and civil society to consider the challenges the continent is offset by and explore avenues to overcome them.
The Forum’s overall objectives include: mobilization of, and acess to finance, to mobilize financing and catalyze private sector investments, focused on developing countries and Africa; financing climate action, adaptation and mitigation to leverage the necessary public and private support to accelerate climate action; and providing a timely platform to explore needed national actions that would help progress towards a just and green transition.
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