The first phase of the plan to establish electricity charging stations includes around 3,000 stations in three governorates
Currently, the ongoing financing portfolio for environmental projects in Egypt amounts to $260 million, focused on 4 projects
The total Egypt-EBRD portfolio exceeds $4.6 billion covering 127 operations, with 80 percent headed to the country’s private sector
The two also discussed ways that push forward efforts towards scaling up green transformation and bolstering climate action
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
