Egypt has unveiled a global ClimaTech Run competition for start-ups and digital artists to address the most pressing climate challenges on the road to Cop27 and beyond.
The initiative is led by the Ministry of International Co-operation, the Ministry of Communications and Information Technology and the Ministry of Environment, as the Egyptian government ramps up preparations to host the UN climate change conference in Sharm El Sheikh in November.
Its partners include the US Agency for International Development (USAID), the African Export-Import Bank, the World Food Programme, Google, the UN Population Fund, General Motors, Egyptian multinational conglomerate Mansour Group, the UN Industrial Development Organisation, the UNDP Accelerator Lab and Microsoft, as well as others from the entrepreneurial community.
Start-up finalists will have the chance to pitch their ideas at Cop27, win monetary prizes of up to $100,000 on offer. They will also participate in a mentorship and capacity-building programme.
The winning digital artists will win up to $5,000 and have their work showcased at Cop27.
“This event sends a powerful message that through innovation and start-ups, we can better our environment and our lives for ourselves and for the future generations as well,” said Amr Talaat, Minister of Communications and Information Technology, at the ClimaTech Run launch event in Cairo on Monday.
“This ecosystem that we are trying to forge that is conducive to intellect and innovation — the new way of thinking out of the box — is definitely the way forward,” he said.
Egyptian President Abdel Fattah El Sisi and other government figures have emphasised in recent months that Cop27 would be the “Cop for action”, moving from commitments to implementation. They have also stressed the importance of engaging youths.
“There has been so much interest in partnering to see a Cop which is different,” said Rania Al Mashat, Minister of International Co-operation, at the event on Monday.
“That is why we wanted to make sure that the youth from all over the world are able to actually connect.”
Read more : https://www.thenationalnews.com/business/road-to-net-zero/2022/08/23/egypt-unveils-global-climatech-run-competition-for-start-ups-and-digital-artists/
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