Africa > FEATURE: Egypt’s Article 6 bet could cash in, but doubts remain around additionality

FEATURE: Egypt’s Article 6 bet could cash in, but doubts remain around additionality

Published 17:52 on July 26, 2024  /  Last updated at 17:52 on July 26, 2024  / Alejandra Padin-Dujon /  Africa, Aviation/CORSIA, Climate Talks, EMEA, International, Kyoto Mechanisms, Middle East, Paris Article 6, Voluntary

Egypt is slated to receive $6 billion in loans from the World Bank by 2027 contingent in part on meeting Article 6 carbon trading infrastructure milestones – but the North African country’s proclivity for renewables projects could compromise credible additionality.
Egypt is slated to receive $6 billion in loans from the World Bank by 2027 contingent in part on meeting Article 6 carbon trading infrastructure milestones – but the North African country’s proclivity for renewables projects could compromise credible additionality.


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