Egyptian government to launch €271M Green Industry Program in Q1 2025

Updated 12/18/2024 10:27:00 AM
Egyptian government to launch €271M Green Industry Program in Q1 2025

Arab Finance: The Egyptian government is set to launch the Green Industry Program during the first quarter (Q1) of 2025, Almal News reported, citing Ali Abu Senna, CEO of the Egyptian Environmental Affairs Agency (EEAA).

The green initiative aims to support the industrial sector with funding worth €271 million.

Egypt was among several beneficiaries that obtained the Green Climate Fund’s approval for $2.687 billion in funding to drive sustainable development programs.

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