Egypt: Climate Investment Unit Launched At Environment Ministry - Minister to Senate

United Nations Climate Change/Flickr
A presentation at the COP27 in Sharm el-Sheikh in Egypt.
9 April 2023
Egypt State Information Service (Cairo)

An environment and climate investment unit was launched with the aim of promoting investment in the environment sphere, said Environment Minister Yasmine Fouad.

The unit also aims to promote investment in waste recycling and environment tourism, the minister said during her speech at the Senate's plenary session on Sunday 9/4/2023.

She added that that unit will also be following up on factories, which are consistent with environmental stipulations.

This came after several MPs requested that the government clarify its policy regarding promoting the circular economy in a way that achieves maximum benefit from all natural resources, and reduces waste.

The minister, meanwhile, gave an overview of a project worth dlrs 125 million to convert waste into eco-friendly fuels.

The State has the suitable infrastructure and an attractive climate for investments in the waste recycling sector, affirmed the minister.

MENA

Read the original article on Egypt Online.

Tagged:
Copyright © 2023 Egypt State Information Service. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.