IFC and Banque du Caire Partner to Green Egypt’s Financial Sector

IFC is partnering with Banque du Caire to develop a climate finance strategy that will help protect the bank from climate risks, invest in green activities, and support the decarbonization of Egypt’s economy. With 95 percent of Egyptians living on roughly 5 percent of the country’s land near bodies of water, Egypt is highly vulnerable […]

Egypt Signs Three Green Investments MoUs

According to a statement released by the Ministry of the Environment on September 12th, Egypt has recently signed three memoranda of understanding (MoUs) on promoting green investments during the nation’s inaugural Climate and Environment Investment Forum. In order to advance waste management collaboration, the Waste Management Regulatory Authority (WMRA), the KIT Innovation Hub, and Green […]

Zoomcar launches “Zoomcar Green” program to promote eco-friendly car usage

With investments amounted to $2 million Cairo – Zoomcar, the largest car-sharing marketplace covering emerging markets and dominating the self -driving car market in India, announced the launch of “Zoomcar Green” program by Q2 of 2023. The program comes in support of the market dynamics to move forward towards using electric cars, to help provide […]

Empowerment of female farmers helps fight climate change

The FCO-backed report examines the relationship between gender and climate change in three sectors that rely significantly on women’s labour. According to the Kenyan study, more women farmers work in agriculture than in other parts of the supply chain such as transportation and processing. Decarbonization Accelerating the adoption of climate-smart agriculture by women farmers thus […]