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Green Egypt

Egypt currently in process of negotiating new EV production contract

The first phase of the plan to establish electricity charging stations includes around 3,000 stations in three governorates

MoICMin and EnvironmentMin met ahead of COP27 to discuss cooperation

Currently, the ongoing financing portfolio for environmental projects in Egypt amounts to $260 million, focused on 4 projects

EBRD considers $100M loan to Egypt for green transformation

The total Egypt-EBRD portfolio exceeds $4.6 billion covering 127 operations, with 80 percent headed to the country’s private sector

MoICMin and Acting Director of EBRD talk green transformation

The two also discussed ways that push forward efforts towards scaling up green transformation and bolstering climate action

WB approves $360M loan towards Egypt’s new sustainable recovery program & reforms

The loan was approved under the new “Egypt Inclusive Growth for Sustainable Recovery” program, launched to support the country’s 2nd phase of economic and structural reforms