The Green Hurghada project aims to foster a more sustainable and resilient tourism industry that fosters local social and economic development
Within the scope of the national contributions to reduce transportation sector emissions by 7% and Egypt seeks to complete clean transportation projects with investments worth EGP 1 billion
The award targets players such as small and medium companies in the field of mitigation and adaptation technology, small, micro, and emerging companies led by women, bank,s and investors working in green finance for banks and investors, universities, research centers, and non-profit institutions working in the youth climate education.
These finance agreements are worth 22 million euros and aim to support industrial pollution control projects by the companies based in the Suez Canal Economic Zone
EnvironmentMin Fouad pointed out that this project will support the new unit and integrate climate finance in banks which will contribute to more climate investments in Egypt
