Sustainable Economy Forum Concludes 1st Edition in Algeria with over 1200 Participants

The Sustainable Economy Forum (SEF) held in Algeria concluded its first edition with the participation of more than 1,200 visitors and the presence of global leaders in the field of industry, business, and renewable energy.

The forum worked to move participating countries towards achieving sustainable development goals with realistic strategies and strong industrial support

Mohamed Skander, President of the Sustainable Economy Forum and member of the National Economic, Social and Environmental Council of Algeria said that the two-day event was attended by more than 17 countries from Europe, Asia and the Middle East, in addition to the participation of major players and institutions from China, Italy, Tunisia, South Africa, France, Egypt and, emerging economies in the Middle East and North Africa region.

He pointed out that the sustainable development goals (SDGs) will be on the agenda of all national countries that participated in the forum.

Skander explained that the launch of the forum came with the aim of facilitating conversations, solutions and agreements between the main concerned parties and within government entities about these goals and how to implement them in the future, as well as cooperation on ways to achieve them.

He pointed out that a number of active companies had joined the speaking platform during the forum, as the list of speakers included representatives of Total Energies, Siemens Energy, and OPEC, along with other industry leaders. The list of event partners also included big names such as CREA, AHK Algeria, and BNP, Paribas and Huawei, in addition to various government ministries including the Ministry of Industry and Economy.

With the support of the Main Association of Algerian Entrepreneurs (CREA), the Forum contributed to stimulating and opening diverse dialogues, conversations and partnerships, highlighting key topics, such as circular economy solutions, smart cities, renewable energy sources, and responsible tourism, in addition to the Earth's main resources such as water and how to conserve and protect them, as well as fossil fuels and other corporate social responsibility issues.

Skander said, “Part of our responsibility towards this world is to try to facilitate dialogue between institutions that can make a difference in improving the quality of life for us and for future generations, as all industries play a role, or at least can contribute, whether large or small, to improving the environment and creating ... Impactful changes that benefit everyone.

Iskandar revealed that the forum is preparing an extensive report to share with relevant stakeholders and media, which came at the top of its global recommendations: significant investment in the renewable green hydrogen sector, an agreement that is in line with the Kingdom of Saudi Arabia’s announcement of the launch of water train tests last month. 

He explained that emerging countries that can meet these conditions will be ideal for low-carbon production, as we move towards renewable energy sources to maintain less intrusive methods that damage the environment and climate.