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Environment Minister discusses cooperation mechanisms on sustainable environment with banking sector

Minister of Environment Yasmin Fouad has stressed the importance of cooperation with the banking sector on the sustainable environment file in implementation of the national strategic goals of climate change 2050 through implementing a road map shedding light on promising chances.

Fouad’s statements came during a meeting on Tuesday 7/2/2023 with first undersecretary of the Central Bank of Egypt (CBE) Mai Abul Naga and senior officials of the bank.

The minister said the meeting aimed at creating a nucleus for supporting the banking sector in line with the national strategy for the climate change which is one of the fruits of COP27 climate change conference held in Sharm El Sheikh in November.

She pointed out to cooperation to support new and renewable energy projects after implementing the first package of projects with the private sector.

Source: State Information Service Egypt