COP27 calls for a secure political environment to bring world change, says top official

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Updated 06 November 2022
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COP27 calls for a secure political environment to bring world change, says top official

RIYADH: The process of COP is unique, as "it is a must to create a safe political space shielded from whatever else is going on out there to do our jobs and deliver a world change", UN Climate Change top official stated.

Speaking at COP27 held in Sharm El-Sheikh on Nov. 6, UN Climate Change Executive Secretary Simon Stiell said: “This is why I say today, a new era begins and we begin to do things differently.”

He also urged the idea of having women and girls “at the center of climate decision-making and action.”

Highlighting the geopolitical situation, the pandemic, the food and energy difficulties that have affected nations' finances and, most significantly, people's lives in his speech, Stiell said, “We have a duty to speed up our international efforts to put words into action.”

He said the key lines of action should focus on turning “the agreements into practical activities to show this transformative shift to implementation”.

He also added: “We must cement progress on these critical workstreams mitigation, adaptation, finance, and crucially loss and damage,” in addition to “enhance the delivery of the principles of transparency and accountability throughout the process.”  

COP27 which will run till Nov. 18 is the largest annual gathering on climate action involving heads of state, ministers and negotiators, along with climate activists.  

Last May, Egypt announced to position itself as an impartial arbiter while hosting this year’s COP27 UN climate summit, as it pushes other nations to act on climate pledges while promoting the interests of the developing world, a senior Egyptian official told Reuters.

COP27 focuses on securing separate “loss and damage” funds, or compensation payments to climate-vulnerable countries already suffering from climate-related weather extremes, said Wael Aboulmagd, special representative to the COP27 president to Reuters.

“In this particular year it is in the interest of the process that a perception of impartiality and equal distance from everyone is maintained,” Aboulmagd disclosed.


Lebanese social entrepreneur Omar Itani recognized by Schwab Foundation

Updated 23 January 2026
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Lebanese social entrepreneur Omar Itani recognized by Schwab Foundation

  • FabricAID co-founder among 21 global recipients recognized for social innovation

DAVOS: Lebanon’s Omar Itani is one of 21 recipients of the Social Entrepreneurs and Innovators of the Year Award by the Schwab Foundation for Social Entrepreneurship.

Itani is the co-founder of social enterprise FabricAID, which aims to “eradicate symptoms of poverty” by collecting and sanitizing secondhand clothing before placing items in stores in “extremely marginalized areas,” he told Arab News on the sidelines of the World Economic Forum in Davos, Switzerland.

With prices ranging from $0.25 to $4, the goal is for people to have a “dignified shopping experience” at affordable prices, he added.

FabricAID operates a network of clothing collection bins across key locations in Lebanon and Jordan, allowing people to donate pre-loved items. The garments are cleaned and sorted before being sold through the organization’s stores, while items that cannot be resold due to damage or heavy wear are repurposed for other uses, including corporate merchandise.

Since its launch, FabricAID has sold more than 1 million items, reached 200,000 beneficiaries and is preparing to expand into the Egyptian market.

Amid uncertainty in the Middle East, Itani advised young entrepreneurs to reframe challenges as opportunities.

“In Lebanon and the Arab world, we complain a lot,” he said. Understandably so, as “there are a lot of issues” in the region, resulting in people feeling frustrated and wanting to move away. But, he added, “a good portion of the challenges” facing the Middle East are “great economic and commercial opportunities.”

Over the past year, social innovators raised a combined $970 million in funding and secured a further $89 million in non-cash contributions, according to the Schwab Foundation’s recent report, “Built to Last: Social Innovation in Transition.”

This is particularly significant in an environment of geopolitical uncertainty and at a time when 82 percent report being affected by shrinking resources, triggering delays in program rollout (70 percent) and disruptions to scaling plans (72 percent).

Francois Bonnici, director of the Schwab Foundation for Social Entrepreneurship and a member of the World Economic Forum’s Executive Committee, said: “The next decade must move the models of social innovation decisively from the margins to the mainstream, transforming not only markets but mindsets.”

Award recipients take part in a structured three-year engagement with the Schwab Foundation, after which they join its global network as lifelong members. The program connects social entrepreneurs with international peers, collaborative initiatives, and capacity-building support aimed at strengthening and scaling their work.