Huzayyin: Financing vital element in addressing environmental challenges

Huzayyin: Financing vital element in addressing environmental challenges
By Marwa Nassar - -

Ahmed Huzayyin, Director of the Eco-Industrial Department of Chemonics Egypt, said financing is a vital element in addressing environmental challenges and ditching the negative impact of climate change.

He underlined the importance of water recycling in the water-intensive sectors of chemical and textile.

He made the remarks during the 15th Egypt CSR and Sustainable Development Forum (15th Egypt CSR Forum) which runs from May 7 to 10.

Huzayyin added that Chemonics Egypt adopts smart irrigation systems with an aim to switch to smart agriculture while focusing on reducing energy consumption and using more efficient irrigation systems.

He noted that the company is working on a project in Egypt on preserving coral reefs in collaboration with the Ministries of Environment and Tourism.

He highlighted the two major challenges facing the transition towards sustainability.

He expounded that the first challenge is the unclear demand which requires redefining demand and changing the mindset towards sustainability to adopt more sustainable practices.

He added that the second challenge is implementing adaptation projects, which involves developing new projects that support adaptation to climate change and contribute to achieving sustainability.

He underlined the importance of providing data and figures to support this transition, highlighting the necessity of adopting clear standards, such as drip irrigation and water-saving technologies to improve agricultural efficiency and sustainability.

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