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
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
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
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
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
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 has officially launched the first voluntary carbon market in the country and Africa.
Updated 8/13/2024 1:27:00 AM
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
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
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
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
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