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.


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