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Green Initiatives and activities

Big and Green ambitions, and sustainable practices with Unilever’s Shazia Syed

Business Today Egypt sat down with Syed to discuss Unilever’s global and regional vision on sustainability, how has sustainability impacted company and consumer habits, and its time at COP27

Around 40% of total public investments in FY2022/2023 were green investments | IDSC

President El-Sisi stated in September that Egypt is looking to increase its percentage of green investments to 50% of the country’s total public investments by FY2023/2024

EBRD ups investment in green energy developer Infinity by $41.5M

Infinity revealed that a portion of the funds will be directed towards acquiring African renewable energy platform, Lekela Power, through its subsidiary, Infinity Power Holding

Egypt launches EgyCOP fund to invest in projects issuing carbon certificates

The Egyptian fund for investment in projects that issue carbon certificates (EgyCOP) currently has an authorized capital of EGP 1 billion

Egypt releases Sharm El-Sheikh Guidebook for Just Finance to promote green financing

The guidebook was prepared to serve as a practical guide to promote and facilitate joint and coordinated efforts between developmental partners in order to stimulate climate financing