Egyptian Prime Minister Moustafa Madbouli hailed on Tuesday the launch of e-platform for environment and climate investment in Egypt.
The platform will be an e-gate for entrepreneurs, developers, financiers and supportive institutions, said Madbouli.
He made the remarks during the launch of the first climate and environment investment forum in Egypt which is held under the auspices of President Abdel Fattah El Sisi with the participation of a large number of ministers, officials, and representatives of heavyweight companies.
He lauded the forum as one of the fruits of the 27th United Nations Climate Change Conference (COP27), noting that Egypt will benefit from the forum in following up on the progress realized so far in implementing the COP27 recommendations.
Highlighting Egypt’s efforts in this respect, he referred to Egypt’s launch of the National Climate Change Strategy 2050, the updated plan for voluntary national contributions as well as the first sovereign green bonds.
He added that Egypt works on reaching 100% green projects by 2030, referring also to projects for mitigating the impact of climate change, topped by the Benban solar power plant, wind farms for generating electricity, water desalination stations, waste management projects, monorail, and electric express train.
