Switching to green economy became a necessity: CSR Arabia 

Daily News Egypt
2 Min Read

Switching to a green economy has become a necessity in light of the risks facing the world and developing countries, including the high rates of poverty and the spread of diseases, Hassan Mostafa, chairperson of the CSR Arabia, stated during the Transformation Toward Green Economy conference, held on Sunday in Cairo.

During his speech, Mostafa added that the world is moving towards applying new strategies that encourage the transformation towards a green economy as a tool to achieve sustainable development.

He explained further that shifting toward a green economy provides enterprises and companies with new investment and market opportunities.

“However, this requires the adoption of new processes and innovative approaches and technologies by the private and public sectors to seize these new investment and market opportunities… Hence the importance of holding the Transformation Toward Green Economy conference in order to clearly define what the Green Economy is and how it supports the achievement of sustainable development and explore opportunities and challenges facing the transition to a green economy in Egypt, including the role of the government and the private sector in this regard,” he continued.

Speaking at the conference on strategies for transition into a green economy, Mostafa said his company aims to create a state of partnership to achieve sustainable development goals and adopt the latest strategy for the transition to a green economy.

He pointed out that countries have become more active in ensuring food security on the sources that ensure clean energy, which ensures their sustainability and impact on a social and environmental dimension.

He added that Egypt came at the forefront of countries that adopted the goals of sustainable development, and is reflected in the national projects on renewable energy, food security, new road networks, as well as sustainable cities, such as El Alamein and the New Administrative Capital. It is an important step towards achieving sustainable development for future generations.

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