The two projects, Oman Blue Carbon from the Sultanate of Oman and Solar DC from India, were registered in the FRA's carbon emissions reduction database.
These efforts align with Egypt’s larger environmental goals, particularly its commitment to reduce emissions from electricity generation, transmission, and distribution by 37% by 2030.
The Financial Regulatory Authority (FRA) approved 12 new projects to be registered in its carbon emissions reduction database, enabling them to soon trade on the new voluntary carbon market (AFRICARBONex).
