{"id":565541,"date":"2021-04-14T13:02:29","date_gmt":"2021-04-14T13:02:29","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/"},"modified":"2021-04-14T13:02:29","modified_gmt":"2021-04-14T13:02:29","slug":"can-a-green-future-be-good-for-both-people-and-the-planet","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/","title":{"rendered":"Can a green future be good for both people and the planet?"},"content":{"rendered":"

<\/a> The green transition is picking up momentum<\/strong>, with left-wing politicians in the developed world increasingly calling for climate change mitigation and a move away from non-renewables. While such a \u201cGreen New [Plan]\u201d \u2014 which borrows its name from a series of progressive policies and projects enacted by the late FDR in the US between 1933 and 1939 \u2014 sounds promising, large scale reforms must always be mindful of one thing: people, Leke Oso Alabi writes for the Financial Times<\/a>.<\/p>\n

(Editor\u2019s note: The word we want to use instead of \u201cplan\u201d \u2014 which starts with a \u201cd\u201d and rhymes with \u201cseal\u201d \u2014 drives the spam algos crazy.)<\/p>\n

Transitioning away from fossils usually upends entire industries that employ mns or bns of people, so it\u2019s not the smoothest of roads.<\/strong> One only need look at 1980s England, when then-PM Margaret Thatcher shut down the coal mining industry, leaving entire communities in shambles. And across the pond, former US President Donald Trump made promises to resurrect the coal industry \u2014 which had already been struggling for years \u2014 as one of the focal points of his presidential platform, tapping into a significant voter base. He did not fulfill that promise, leading to further disgruntlement among coal miners<\/a>.<\/p>\n

Over in Omm El Donia: <\/strong>Like much of the world, Egypt is heavily reliant on hydrocarbon-based fossil fuels, with renewables only accounting for 3.4%<\/a> of the country\u2019s energy in 2019. The government is working on winding down fossils\u2019 contribution to the energy mix, and has set an ambitious goal<\/a> of seeing 42% of the country\u2019s electricity generated from renewable sources by 2035. By 2022, authorities are planning to have authorized 2.4 GW worth of renewable energy projects<\/a> that would cost a combined USD 1.5 bn. Several new projects will also be funded through the USD 750 bn green bond issuance<\/a> Egypt closed in September 2020, when it became the first country in the region to sell climate-linked debt.<\/p>\n

Can we have a green transition without the upheaval?<\/strong> More green energy would \u201csupercharge\u201d the world\u2019s hopes to curb emissions, but it would also mean jobs will be made redundant and thousands of workers will need to be retrained, says Alabi. \u201cThere\u2019s no way of eliminating all losses and all transition costs \u2014 social as well as economic,\u201d former Greek Finance Minister Yanis Varoufakis, a politician heavily on the green side of things, told the salmon-colored paper.<\/p>\n

One solution is a UBI: <\/strong>In Europe, a Green New [Plan] would be a large-scale program involving massive spending that could cost the economy nearly 5% of GDP every year, Varoufakis said. This could be funded through green bonds issued by a public investment bank and would include a universal basic income<\/a> (UBI) for workers exposed to job loss.<\/p>\n

Central banks also play a crucial role as they\u2019re the first line of defense against the risks environmental degradation poses to global financial stability.<\/strong> So far, major monetary policymakers have erred on the side of caution. Through the Network for Greening the Financial System<\/a>, the world\u2019s top central banks identified nine specific ways policymakers can make monetary policy greener. This is the furthest central bankers have come in their contribution in the fight against climate change, but it\u2019s still no more than a toolkit of suggested actions including more green asset-purchase programs and greener lending schemes and a set of basic risk-management practices they should be doing anyway. The real game-changer (i.e. central banks directly acting to contribute to decarbonization) needs to be based on broader political backing, and this is still in the works, the FT suggests<\/a>.<\/p>\n

Norway sets a good example: <\/strong>Local financial institutions in the Scandinavian country are being offered access to climate change risk measurement tool PACTA<\/a> at no charge with the support of their government, Bloomberg<\/a> reports.<\/p>\n","protected":false},"excerpt":{"rendered":"

The green transition is picking up momentum, with left-wing politicians in the developed world increasingly calling for climate change mitigation and a move away from non-renewables. While such a \u201cGreen New [Plan]\u201d \u2014 which borrows its name from a series of progressive policies and projects enacted by the late FDR in the US between 1933 […]<\/p>\n","protected":false},"author":1,"featured_media":565542,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9595],"tags":[147,93,633,412,724,127,368,9242],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-565541","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-whats-next-2","tag-climate-change","tag-energy","tag-enterprisepm","tag-history","tag-monetary-policy","tag-politics","tag-sustainability","tag-whats-next","wpautop","entry"],"acf":{"mongo_id":"d8b38978-d415-4824-a357-94afdd3984d7","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/4\/421.jpg","photo_position":"above","related_issue":[565530],"teaser":"","voice_url":""},"yoast_head":"\nCan a green future be good for both people and the planet? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Can a green future be good for both people and the planet?\" \/>\n<meta property=\"og:description\" content=\"The green transition is picking up momentum, with left-wing politicians in the developed world increasingly calling for climate change mitigation and a move away from non-renewables. While such a \u201cGreen New [Plan]\u201d \u2014 which borrows its name from a series of progressive policies and projects enacted by the late FDR in the US between 1933 […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-14T13:02:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/421.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Can a green future be good for both people and the planet?\",\"datePublished\":\"2021-04-14T13:02:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/\"},\"wordCount\":633,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/421.jpg?fit=%2C&ssl=1\",\"keywords\":[\"climate change\",\"energy\",\"EnterprisePM\",\"History\",\"monetary policy\",\"politics\",\"sustainability\",\"WHAT\u2019S NEXT\"],\"articleSection\":[\"WHAT\u2019S NEXT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/\",\"name\":\"Can a green future be good for both people and the planet? - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/421.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2021-04-14T13:02:29+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/421.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/421.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Can a green future be good for both people and the planet?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Can a green future be good for both people and the planet? - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/","og_locale":"en_US","og_type":"article","og_title":"Can a green future be good for both people and the planet?","og_description":"The green transition is picking up momentum, with left-wing politicians in the developed world increasingly calling for climate change mitigation and a move away from non-renewables. While such a \u201cGreen New [Plan]\u201d \u2014 which borrows its name from a series of progressive policies and projects enacted by the late FDR in the US between 1933 […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-04-14T13:02:29+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/421.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Can a green future be good for both people and the planet?","datePublished":"2021-04-14T13:02:29+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/"},"wordCount":633,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/421.jpg?fit=%2C&ssl=1","keywords":["climate change","energy","EnterprisePM","History","monetary policy","politics","sustainability","WHAT\u2019S NEXT"],"articleSection":["WHAT\u2019S NEXT"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/","name":"Can a green future be good for both people and the planet? - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/421.jpg?fit=%2C&ssl=1","datePublished":"2021-04-14T13:02:29+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/421.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/421.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/can-a-green-future-be-good-for-both-people-and-the-planet\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Can a green future be good for both people and the planet?"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/421.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/421.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/421.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":561823,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/22\/this-morning-ebrd-boss-in-town-for-second-day-italys-recovery-program-looks-a-lot-like-egypts\/","url_meta":{"origin":565541,"position":0},"title":"THIS MORNING: EBRD boss in town for second day + Italy\u2019s recovery program looks a lot like Egypt\u2019s","author":"enterpriseam admin","date":"22 April 2021","format":false,"excerpt":"Good morning, wonderful people. One last sprint and we run headlong into the weekend. We\u2019re unlikely to know before this afternoon whether we have a three-day weekend this weekend \u2014 or a five-day break next weekend. We\u2019ll have the answer for you in this afternoon\u2019s edition of EnterprisePM.It\u2019s a busy\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":556650,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/06\/climate-change-is-all-the-rage-ahead-of-the-cop26-summit\/","url_meta":{"origin":565541,"position":1},"title":"Climate change is all the rage ahead of the COP26 summit","author":"enterpriseam admin","date":"6 October 2021","format":false,"excerpt":"The IMF is calling on governments to protect investors from greenwashing in the sustainable investment industry. While assets in sustainable investment funds have doubled to almost USD 3.6 tn since 2017, an additional USD 20 tn will be needed to reduce worldwide carbon emissions to net zero by 2050, according\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/364.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544289,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/23\/whos-responsible-for-loss-and-damage-compensation-from-climate-change\/","url_meta":{"origin":565541,"position":2},"title":"Who\u2019s responsible for loss and damage compensation from climate change?","author":"enterpriseam admin","date":"23 February 2022","format":false,"excerpt":"Climate loss and damage compensation is at the forefront of the conversation on COP27 again, with climate groups criticizing US Presidential Climate Envoy John Kerry for failing to address the issue during his visit to Egypt this week, the Financial Times reports.Damage compensation has been a contentious point in the\u2026","rel":"","context":"In "Climate"","block_context":{"text":"Climate","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/climate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/543.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577091,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/09\/egypt-launches-global-climate-adaptation-plan\/","url_meta":{"origin":565541,"position":3},"title":"Egypt launches global climate adaptation plan","author":"enterpriseam admin","date":"9 November 2022","format":false,"excerpt":"Egypt unveils initiative to help poor countries adapt to climate change: COP27 President Sameh Shoukry yesterday launched a plan that envisions channeling bns of USD into the world\u2019s poorest countries by 2030 to help them adapt to the effects of climate change. In an event on the sidelines of the\u2026","rel":"","context":"In "COP WATCH"","block_context":{"text":"COP WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/cop-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/149.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":554729,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/08\/fresh-funding-comes-out-of-cop26-adam-smith-but-make-it-green-millennial-mnaires-are-going-diy-on-their-wealth\/","url_meta":{"origin":565541,"position":4},"title":"Fresh funding comes out of COP26 + Adam Smith, but make it green + Millennial mn\u2019aires are going DIY on their wealth","author":"enterpriseam admin","date":"8 November 2021","format":false,"excerpt":"The second week of COP26 is kicking off with fresh funding pledges \u2014 but no tangible progress on containing warming: Global leaders are still working on ironing out an agreement that will help keep annual global warming at the 1.5\u00b0C threshold, with executives at the COP26 summit saying they are\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/76.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":565001,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/you-cant-just-say-nice-green-things-and-call-yourself-an-esg-investor\/","url_meta":{"origin":565541,"position":5},"title":"You can\u2019t just say nice green things and call yourself an ESG investor","author":"enterpriseam admin","date":"11 March 2021","format":false,"excerpt":"New European Union (EU) rules to regulate ESG investment products and prevent greenwashing went into effect yesterday. The EU\u2019s new rules are part of a wider series of green finance regulations that will see investment products categorised as sustainable or non-sustainable, reports The Financial Times. In the first stage, products\u2026","rel":"","context":"In "Green economy"","block_context":{"text":"Green economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/green-economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/451.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/565541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=565541"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/565541\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/565530"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/565542"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=565541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=565541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=565541"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=565541"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=565541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}