
EFG Hermes, aiBANK support National Initiative for Green Smart Projects in line with COP27
The initiative, which also comes as part of Egypt’s National Climate Change Strategy 2050, is a first of its kind in the field of sustainable and climate-smart development. Led by the Ministry of Planning and Economic Development, the initiative aims to develop a comprehensive roadmap at the governorate level for smart green projects and looks at ways to attract the required funding to bring these projects to life. A committee, led by Mahmoud Mohieldin, the jury chairperson for the initiative, and the UN Climate Change High-Level Champion for Egypt, will select 18 winning projects to present during the COP27 in Sharm El-Sheikh.