H.E. Dr. Rania Al-Mashat, Egypt’s Minister of International Cooperation and Governor of Egypt at the World Bank Group (WBG) met with Meskerem Brhane, Regional Director for Sustainable Development in the MENA region at the World Bank Group, and Stephane Guimbert, the Bank’s Regional Director for Egypt, Yemen, and Djibouti, at the Ministry’s headquarters in the New Administrative Capital, in the presence of the Ministry’s technical team and the World Bank team.
The participants discussed cooperation efforts between the Egyptian government and the World Bank, as well as efforts to implement ongoing projects in a variety of fields that meet the country’s development needs.
Furthermore, the meeting highlighted projects being implemented in priority areas, particularly the Greater Cairo air pollution control project, as well as human capital investment projects, particularly social protection and the expansion of Hayah Karima (A Decent Life), education development projects, and future projects.
Al-Mashat referred to Dr. Mostafa Madbouly, Prime Minister, and Ajay Banga, President of the World Bank, meeting during the World Government Summit in Dubai to discuss various cooperation issues and the role of the World Bank in empowering the private sector and increasing development efforts.
The meeting touched on projects aimed at improving agricultural land adaptation and resilience, as well as assisting farmers in adopting new adaptation practices, such as adopting climate-smart practices that improve productivity, achieve economic benefits, and improve preparedness to confront climate risks, using graphic analyses and risk management methods through the NWFE program’s Climate Resilient Agri-Food Transformation (CRAFT) initiative.
Al-Mashat underlined the government’s and the World Bank’s successful collaboration in issuing the Country Climate and Development Report (CCDR), which examines Egypt’s challenges and opportunities for achieving climate-friendly development goals.
The report identifies opportunities to reduce deficiencies, manage risks, and strengthen the necessary foundation for increasing private sector participation, emphasizing the importance of highlighting Egypt’s experience in issuing the climate and development report and translating the recommendations into actionable projects that advance Egypt’s development priorities.
Egypt’s ongoing development cooperation portfolio with the World Bank Group includes 14 projects worth $6.9 billion in education, health, transportation, social protection, renewable energy, water desalination, housing, local development, and the environment.
