{"id":72368,"date":"2021-11-08T16:13:43","date_gmt":"2021-11-08T14:13:43","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=72368"},"modified":"2021-11-08T21:57:55","modified_gmt":"2021-11-08T19:57:55","slug":"labadi-urges-more-efforts-to-turn-waste-in-egypt-into-resources","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/labadi-urges-more-efforts-to-turn-waste-in-egypt-into-resources\/","title":{"rendered":"Labadi urges more efforts to turn waste in Egypt into resources"},"content":{"rendered":"<p dir=\"ltr\" style=\"text-align: left;\">Country Manager of Egypt, Yemen and Libya at the International Finance Corporation (IFC) Walid Labadi called for exerting more efforts to turn waste in Egypt into resources.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\"><em><strong>\u201c<\/strong><\/em>We need to work together to transform waste from something we throw away into a resource,\u201d he said on Monday during the 11<sup>th<\/sup>\u00a0<a href=\"https:\/\/www.csregypt.com\/en\/ministers-of-manpower-immigration-youth-open-10th-csr-forum\/\">Corporate Social Responsibility Forum (CSR Forum) <\/a>which is held under the theme of \u201cSustainability from Adoption to Localization\u2026 the Path to Recovery\u201d.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">Labadi\u00a0 also noted that the CIB\u2019s issuance of the first green bond in Egypt was very exciting, mobilizing interests of investors and sustainable financing.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">Labadi noted that the IFC worked with the Central Bank of Egypt to launch the initiative of 30by 30.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">As for the water domain, he said the Egyptian private sector\u2019s investment in the water sector is very important.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">IFC is a sister organization of the World Bank and the largest global development institution focused on the private sector. It invests in all sectors, he said, referring to its contribution to Egypt\u2019s Benban solar plant.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">He also highlighted the IFC\u2019s contribution to the efforts being exerted to achieve energy efficiency.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">\u201cA decade ago, the World Bank decided to push to have 25 percent of our lending in sustainable finance,\u201d he said, noting that this change comes because of leadership.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">The leaders have changed the direction of the world and made sustainable financing important, he added, citing what happened in the United Nations Climate Action Conference (COP26).<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">\n","protected":false},"excerpt":{"rendered":"<p>Country Manager of Egypt, Yemen and Libya at the International Finance Corporation (IFC) Walid Labadi called for exerting more efforts to turn waste in Egypt into resources. \u201cWe need to work together to transform waste from something we throw away into a resource,\u201d he said on Monday during the 11th\u00a0Corporate Social Responsibility Forum (CSR Forum) [&hellip;]<\/p>\n","protected":false},"author":410,"featured_media":72369,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6262,984,6030],"tags":[6463,9098],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Labadi urges more efforts to turn waste in Egypt into resources - Csr Egypt<\/title>\n<meta name=\"description\" content=\"Country Manager of Egypt, Yemen and Libya at the IFC Walid Labadi called for exerting more efforts to turn waste in Egypt into resources.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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