Egypt Prioritizes Green Economy with New Legislation, Private Sector Incentives

News Agencies

Egypt’s Environment Minister, Yasmine Fouad, recently announced a strong commitment to transitioning the country towards a green economy. This initiative prioritizes sustainability and environmental responsibility across various sectors.

Dr. Fouad commended the forum’s role in initiating discussions on the green economy since its inception in 2018. For the past six years, the forum has shed light on this crucial topic, a time when it lacked widespread public awareness and remained separate from mainstream economic considerations.

Fouad highlighted the importance of bridging the gap between environmental and economic concerns. She emphasized the forum’s role in raising awareness and promoting the application of green economy principles through practical initiatives among young people.

The 6th Strategies for Transition to Green Economy Forum

Fouad’s remarks came during her address at the 6th Strategies for Transition to Green Economy Forum. This forum continues to serve as a platform for exploring promising green investment opportunities and developing practical solutions. It fosters collaboration between the government, private sector, youth, and research institutions to achieve a harmonious approach to environmental and economic well-being.

Alignment with Egypt’s 2050 Strategy

The forum aligns with Egypt’s national efforts to prioritize green projects and programs. This initiative is led by the government, development partners, and President Abdel Fattah El Sisi. The overall goal is to achieve sustainable growth and support the objectives outlined in Egypt’s 2050 strategy.

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