{"id":72106,"date":"2021-11-03T21:30:06","date_gmt":"2021-11-03T19:30:06","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=72106"},"modified":"2021-11-03T21:30:06","modified_gmt":"2021-11-03T19:30:06","slug":"egypt-to-benefit-from-uks-50-m-funding-for-green-growth","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/egypt-to-benefit-from-uks-50-m-funding-for-green-growth\/","title":{"rendered":"Egypt to benefit from UK’s \u00a350 m funding for green growth"},"content":{"rendered":"

Egypt<\/a> is among countries due to benefit from the UK’s \u00a350 million funding which is meant to support energy transition and green infrastructure and growth in the Middle East and North Africa.<\/p>\n

British Minister for the Middle East and North Africa James Cleverly announced \u00a350 million UK funding for the High Impact Partnership on Climate Action (HIPCA) which was launched by the European Bank for Reconstruction and Development (EBRD) on 2 November at an event during COP26 in Glasgow.<\/p>\n

The EBRD-managed Partnership aims to unleash investments and solutions that reduce or prevent greenhouse gas emissions, strengthen resilience and reduce vulnerability to climate change, and protect the environment.<\/p>\n

The UK\u2019s funding will be used to mobilize private sector funds to support work across North Africa and the Middle East, including in Morocco, Algeria, Egypt, Tunisia, Jordan and Lebanon. This funding will be used to support energy transition and green infrastructure and growth in the region.<\/p>\n

Announcing the funding at HIPCA\u2019s launch event, Minister Cleverly said ” COP26 is not just about realizing the climate commitments of individual governments, it\u2019s about working together to enable all countries to meet global net zero targets and reduce the impacts of climate change. To do this we must unlock public and private investment and push for innovative and green solutions.”<\/p>\n

That\u2019s why the UK is making a \u00a350 million contribution to HICPA, whose work to mobilize funds and support green infrastructure projects in the Middle East and North Africa is vital for both economic growth and a greener future for the region.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt is among countries due to benefit from the UK’s \u00a350 million funding which is meant to support energy transition and green infrastructure and growth in the Middle East and North Africa. British Minister for the Middle East and North Africa James Cleverly announced \u00a350 million UK funding for the High Impact Partnership on Climate […]<\/p>\n","protected":false},"author":410,"featured_media":72109,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6262,984,6030],"tags":[6347,6463,11630],"yoast_head":"\nEgypt to benefit from UK's \u00a350 m funding for green growth - Csr Egypt<\/title>\n<meta name=\"description\" content=\"Egypt is among countries due to benefit from the UK's \u00a350 million funding aiming to back green growth in the Middle East and North Africa.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/csregypt.com\/en\/egypt-to-benefit-from-uks-50-m-funding-for-green-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt to benefit from UK's \u00a350 m funding for green growth - 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