Consumer financing refers to activities aimed at providing funds for purchasing goods and services for personal use, to be repaid over a minimum period of six months.
The certificates were purchased under the Economy of Love standard, which goes beyond carbon sequestration to address climate change, biodiversity, and health.
The Financial Regulatory Authority (FRA) announced the successful sale of 350 carbon emission reduction certificates.
He emphasized the FRA’s commitment to fostering a supportive regulatory environment and promoting innovative solutions in alignment with Egypt’s Vision 2030.
The FRA continues to develop policies, issue regulations, and create frameworks to ensure the stability of non-banking financial markets and institutions while fostering market growth and protecting all participants’ rights.