Private Sector Development in Egypt POTENTIAL PARTNERSHIPS WITH THE GEF

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Private Sector Development in Egypt POTENTIAL
PARTNERSHIPS WITH THE GEF
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Environmental Policy Framework

• National economic context
• Social and demographic context
• Multilateral environmental agreements
• Environmental priorities
• Inventory of natural resources

Environmental Policy Drivers
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Environmental Policy Framework

• Progressive economic development
• Integrative capacity of government
• Resources to address pollution problems
• Public awareness and attitude
• Fulfilling global environmental commitment

Environmental Policy Challenges
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From Policy to Implementation

• Line ministries
• Governorates
• Civil society organizations
• Bilateral and multilateral organizations
• Media
• Private sector

Partners in Implementation
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The Role of the Private Sector

• A commitment to implement the law
• Compliance packages
• Polluter-pay principle
• A conducive environment expressing a growing
  demand for cleaner technology and environmental
  best practices
• Targeted policy communication nationally and
  internationally

Triggering Factors
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The Role of the Private Sector

• Vehicle emission testing stations
• Solid waste management
• Energy efficiency technologies
• Industrial pollution control
• Sustainable eco-tourism

Ongoing partnerships
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The Role of the Private Sector

• Environmental project identification
• Awareness of available financial mechanisms and
  their operational strategies
• Limited knowledge on environment-friendly
  technologies applicable in local context
• Uncertainties and risks in environmental
  investments
• Weak public pressure on private sector

Partnership constraints
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The Role of the Private Sector Potential
Partnerships with the GEF

• Communicating GEF portfolio with a clear
  investment focus
• Supporting the facilitating capacity of the NFP
  
• Supporting the lobbying capacity of NGOs
• Understanding private sector concerns and
  addressing them at policy and/or program levels
• Developing incentives for the private sector
  based on competitive environmental
  performance
• Creating an environmental culture within IAs
  and their various affiliations

Predisposing conditions
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The Role of the Private Sector Potential
Partnerships with the GEF

• What is the GEF experience in mobilizing private
  sector resource at country level ?
• What other roles can the private sector play in
  addition to contributing investment?
• Are we ready to accept the private sector as a
  partner with rights to intervene at a policy
  level?
• Can we guarantee private sector interest in
  profit making within our mandate to protect the
  environment?

Issues for follow up
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