$30 trln in additional investments required to achieve net zero in 8 hard-to-abate sectors
The Net Zero Industry Tracker 2024 estimates that $30 trillion in additional capital will be required across ...
NBE official: NBE plays major role in spreading culture of sustainable development
Head of Social Development at the National Bank of Egypt (NBE) Nermine Shehabeldine highlighted the bank’s significant role in disseminating awareness about social responsibility (CSR) and sustainable development, particularly in sectors like health, education, and women empowerment.
She made the remarks during the 14th CSR & Sustainable Development Forum, currently held in the Red Sea resort city Sharm El Sheikh.
She emphasized the bank’s focus on projects impacting the lives of millions of people in order to realize effective community development and enhance services.
The bank’s strategy prioritizes sustainable development aligning with the 17 United Nations Sustainable Development Goals, Egypt Vision 2030, and international standards, she pointed out.
The bank has a mechanism to measure the social impact of its projects to ensure their effectiveness, she said, asserting that the bank will continue supporting various social issues in order to improve the services offered to the Egyptian people.
Meanwhile, the NBE official raised the issue of lack of job opportunities in certain governorates where jobless people are obliged to borrow money to cover their expenses.
She expressed a desire to identify these governorates to settle the debts of needy people in addition to collaborating with the Ministry of Solidarity to create job opportunities.
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