Africa > World Bank announces $700 mln loan for Egypt to develop domestic carbon market, green transition

World Bank announces $700 mln loan for Egypt to develop domestic carbon market, green transition

Published 02:31 on June 27, 2024  /  Last updated at 02:31 on June 27, 2024  / /  Africa, EMEA, International, Middle East, Voluntary

The World Bank will award $700 million in loans for Egypt to support a greener growth trajectory, including the establishment of a voluntary carbon market (VCM) regulatory framework, according to a release Monday.
The World Bank will award $700 million in loans for Egypt to support a greener growth trajectory, including the establishment of a voluntary carbon market (VCM) regulatory framework, according to a release Monday.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.