The United Nations Development Programme (UNDP) intends to direct $1trn towards public spending and private investments in Egypt to achieve sustainable development goals within four years, according to Director of UNDP Achim Steiner.
Steiner’s remarks came during a video message to the UNDP conference to issue the first Human Development Report (HDR) on Egypt in a decade.
She added that Egypt is one of the first countries in the world to adopt the human development concept, which revolves around expanding an understanding of the various dimensions of human wealth beyond the limited concept of economic richness. The approach cares for people and expands the opportunities and choices available to them.
He mentioned that UNDP is proud to have worked with Egypt since 1994 to issue the national human development reports, adding that the report that was launched on Tuesday focused on a period of time that witnessed important changes in Egypt and was characterized by major economic and social transformations.
The report monitors the achievements made by Egypt in the fields of health, education, and housing. For example, the state offers four more years of public education to students today compared to three decades ago.
The report also presents global development opportunities and challenges, as global poverty rates and inequalities increased as a result of the COVID-19 pandemic, which led to a decline in human development for the first time globally since 1990, while Egypt responded proactively to the crises that we all face in the areas of climate and environment. Egypt established the Council in 2019 the National Climate Change Program. He stressed that UNDP is proud to cooperate with Egypt to support the development of a new national strategy on climate change.