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Egypt’s IFE acquires 350 carbon certificates to support sustainability 

The Insurance Federation of Egypt (IFE) has acquired 350 carbon emission reduction certificates from the Minya Group Project, an initiative by the Egyptian Biodynamic Association.

Updated 12/3/2024 4:10:00 PM
FRA facilitates sale of 350 carbon emission reduction certificates

The Egyptian Financial Regulatory Authority (FRA) has facilitated the sale of 350 carbon emission reduction certificates from the Minya complex project, a carbon reduction initiative under the Egyptian Biodynamic Association (EBDA).

Updated 11/21/2024 3:38:00 AM
FRA amends listing rules for carbon emission reduction certificates on EGX

The Financial Regulatory Authority (FRA) has amended the regulations governing the listing and delisting of carbon emission reduction certificates on the Egyptian Exchange (EGX).

Updated 11/12/2024 1:54:00 AM
Egypt's voluntary carbon market sees 14 projects registered

A total of 14 projects have been registered in Egypt's voluntary carbon market, Chairman of the Egyptian Financial Regulatory Authority (FRA) Mohamed Farid announced during a meeting with Prime Minister Mostafa Madbouly.

Updated 9/18/2024 4:05:00 AM
EGX in talks with listed agricultural firms to issue carbon certificates

The Egyptian Exchange (EGX) is currently negotiating with five listed firms in the agricultural sector to issue carbon emission reduction certificates.

Updated 9/8/2024 2:26:00 AM
Egypt’s Carbon Market: Balancing Economic Growth and Environmental Stewardship

The global imperative to combat climate change has spurred the emergence of innovative, market-based solutions. Among these, voluntary carbon reduction certificates are becoming a key tool to incentivize emissions reductions. Egypt, facing dual challenges of climate change and economic growth, has made a significant move by launching its first regulated voluntary carbon market. By examining the market's key features, benefits, challenges, and opportunities, voluntary carbon reduction certificates can play a role in driving sustainable development and economic prosperity in Egypt.

Updated 8/19/2024 12:37:00 PM
Egypt launches 1st voluntary carbon certificate trading market

Egypt has officially launched the first voluntary carbon market in the country and Africa.

Updated 8/13/2024 1:27:00 AM
FRA finalizes requirements for launching 1st voluntary carbon certificate trading market

The Financial Regulatory Authority (FRA), in cooperation with the Ministry of Environment, has completed all the regulatory and procedural requirements for registering carbon emission reduction projects and launching the first market to register, issue, and trade voluntary carbon reduction certificates in Egypt and Africa.

Updated 8/11/2024 12:01:00 PM
FRA issues carbon certificates trading requirements for brokerage firms

The Financial Regulatory Authority (FRA) has issued requirements for brokerage firms aiming to trade carbon emission reduction certificates.

Updated 7/23/2024 12:16:00 PM
Egypt seeks World Bank’s assistance to launch mandatory carbon credit market

The Egyptian government has sought the assistance of the World Bank to launch a mandatory market for carbon certificates, which is expected to appear within the coming year.

Updated 12/14/2023 9:30:00 AM
EGX inks MoU with Global Carbon Council to expand regional climate action scope

The Egyptian Exchange (EGX) has signed a memorandum of understanding (MoU) with the Global Carbon Council (GCC) to enhance regional climate activities.

Updated 3/27/2023 1:30:00 AM
Egypt, Gold Standard mull cooperation in carbon credit field

Minister of Environment Yasmine Fouad held a meeting with representatives of Gold Standard and MGM company to mull over future cooperation regarding carbon certificates

Updated 3/19/2023 11:22:00 AM