Egypt is looking forward to a broader and more diversified investment portfolio with the Asian Infrastructure Investment Bank (AIIB), Minister of Finance Ahmed Kouchouk stated.

Prime Minister Mostafa Madbouly affirmed Egypt's support to launch a Center of Excellence (COE) for Climate Change, Resilience, and Adaptation, which will be operated soon

Egypt has been selected as one of only seven countries to benefit from the Climate Investment Fund’s (CIF) Industrial Emissions Reduction Program.

Egyptian Ministers of Petroleum and Mineral Resources, Electricity, Renewable Energy, Environment, and the Public Business Sector participated in a panel discussion on Egypt’s energy future at the Egypt Energy Show (EGYPES 2025).

Egypt’s Minister of Environment Yasmine Fouad and Hassan El-Khatib, the Minister of Investment and Foreign Trade, discussed climate investment plans to promote sustainability

Egypt and the Netherlands have signed a memorandum of understanding (MoU) to foster cooperation in water management and climate change adaptation fields.

The Egyptian Ministry of Environment has commenced discussions with the International Monetary Fund (IMF) regarding a $1.2 billion financing package earmarked for climate-related projects.

Minister of International Cooperation Rania Al-Mashat has witnessed the graduation ceremony of nine startups under the second stage of the Climate Finance Accelerator (CFA) program.

Schneider Electric has issued a stark warning about the urgent need for far-reaching deployment of existing technologies to prevent climate change from spiraling out of control as the World Economic Forum (WEF) kicks off in Davos, Switzerland.

As 2023 comes to an end, the world looks forward to the United Nations (UN) Climate Change Conference (COP28), which will be held in the UAE from November 30th to December 12th. This year’s edition of COP will be a milestone as it will feature the first Global Stocktake (GST), which will provide an assessment of progress towards the Paris Agreement objectives since their adoption. This assessment will help nations ensure they bridge the gaps and commit to climate action.

Across the world, several economies have been anxious due to climate change and are working to face it with the least economic impact. Climate change is happening through different phenomena, including global warming and El Ni?o, which occur every few years when the ocean temperatures in the Pacific Ocean rise above normal levels. This can have a significant impact on the global economy, particularly in emerging markets. Egypt is one of the most vulnerable economies to El Ni?o phenomenon this year, according to an index by Standard Chartered Bank. Hence, Egypt is working on facing climate challenges economically.

Egyptian Minister of International Cooperation Rania Al-Mashat signed CA$10 million agreement with Canadian Ambassador to Cairo Louis Dumas to enhance food security efforts and combat climate change.

He added that due to economic realities, it is important to encourage the private sector to play a bigger part in financing environmentally friendly enterprise promotion, while also stepping up clean energy use mechanisms and implementing the necessary policies and actions.

As per the partnership, IFC will help the bank to assess its climate risk exposure and ensure any climate-related financial risks are disclosed in its portfolio.

Maait pointed out that the current financial situation of emerging markets impedes the green transformation process, and a new course of consultations must be launched that makes the debt crisis part of the solution by encouraging more sustainable investment flows.