LOW EMISSIONS
Egypt boosts green finance with voluntary carbon trading market
Government is also ramping up green energy projects, with plans to save $4.1 billion a year by adding renewable energy capacity to national grid
A worker cleans solar panels at the Benban Solar Energy Park in Aswan, Egypt. (Photo: Getty Images)
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In a move considered crucial to mobilize green financing in the region, Egypt has launched its first voluntary carbon trading market. Companies will henceforth be able to use the market to register, buy and sell carbon certificates in Egypt...