EGX in talks with listed agricultural firms to issue carbon certificates

Updated 9/8/2024 2:26:00 PM
EGX in talks with listed agricultural firms to issue carbon certificates

Arab Finance: The Egyptian Exchange (EGX) is currently negotiating with five listed firms in the agricultural sector to issue carbon emission reduction certificates, EGX’s Chairman Ahmed El-Sheikh told Asharq Business.

The EGX has agreed with a listed private agricultural company to issue carbon emission reduction certificate program within a year or a year and a half, El Sheikh noted.

On August 13th, Egypt officially launched the first voluntary carbon market in the country and Africa.

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