{"id":567685,"date":"2020-12-03T04:15:30","date_gmt":"2020-12-03T04:15:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/03\/govt-investment-portfolio-to-go-100-green-by-2023\/"},"modified":"2020-12-03T04:15:30","modified_gmt":"2020-12-03T04:15:30","slug":"govt-investment-portfolio-to-go-100-green-by-2023","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/03\/govt-investment-portfolio-to-go-100-green-by-2023\/","title":{"rendered":"Gov\u2019t investment portfolio to go 100% green by 2023"},"content":{"rendered":"

<\/a> Egypt is doubling down on its plans to go green, with a strategy to exclusively <\/strong>back green projects by 2023<\/strong>, said Planning Minister Hala El Said at the Egypt Economic Summit yesterday, according to a ministry statement<\/a>. The minister had said that Egypt would invest<\/a> EGP 36.7 bn in green projects in FY2020-2021, accounting for 14% of its investment budget for the fiscal year, before increasing this to 30% next year. The strategy aims to bring that figure to 100% within three years.<\/p>\n

Egypt has been big on all things green in 2020: <\/strong>Egypt issued USD 750 mn ofsovereign<\/a>green bonds<\/a> in the region\u2019s maiden issuance in September, the proceeds of which will fund environmentally-friendly transport, water and waste-management projects<\/a>. Electricity Minister Mohamed Shaker said in October that the government hopes renewables will account for 60%<\/a> of the country\u2019s energy mix by 2035.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt is doubling down on its plans to go green, with a strategy to exclusively back green projects by 2023, said Planning Minister Hala El Said at the Egypt Economic Summit yesterday, according to a ministry statement. The minister had said that Egypt would invest EGP 36.7 bn in green projects in FY2020-2021, accounting for […]<\/p>\n","protected":false},"author":1,"featured_media":567686,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7206],"tags":[104,72,7125,246,727,125],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-567685","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-economy","tag-enterpriseam","tag-environment","tag-green-economy","tag-hala-el-said","tag-investment-watch","wpautop","entry"],"acf":{"mongo_id":"bd232dad-af4b-4e13-9217-00dd412c3f04","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/12\/68.jpg","photo_position":"above","related_issue":[567679],"teaser":"","voice_url":""},"yoast_head":"\nGov\u2019t investment portfolio to go 100% green by 2023 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/03\/govt-investment-portfolio-to-go-100-green-by-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t investment portfolio to go 100% green by 2023\" \/>\n<meta property=\"og:description\" content=\"Egypt is doubling down on its plans to go green, with a strategy to exclusively back green projects by 2023, said Planning Minister Hala El Said at the Egypt Economic Summit yesterday, according to a ministry statement. The minister had said that Egypt would invest EGP 36.7 bn in green projects in FY2020-2021, accounting for […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/03\/govt-investment-portfolio-to-go-100-green-by-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-03T04:15:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/68.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/03\/govt-investment-portfolio-to-go-100-green-by-2023\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/03\/govt-investment-portfolio-to-go-100-green-by-2023\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gov\u2019t investment portfolio to go 100% green by 2023\",\"datePublished\":\"2020-12-03T04:15:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/03\/govt-investment-portfolio-to-go-100-green-by-2023\/\"},\"wordCount\":145,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/03\/govt-investment-portfolio-to-go-100-green-by-2023\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/68.jpg?fit=%2C&ssl=1\",\"keywords\":[\"economy\",\"EnterpriseAM\",\"environment\",\"Green Economy\",\"Hala El Said\",\"investment watch\"],\"articleSection\":[\"Economy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/03\/govt-investment-portfolio-to-go-100-green-by-2023\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/03\/govt-investment-portfolio-to-go-100-green-by-2023\/\",\"name\":\"Gov\u2019t investment portfolio to go 100% green by 2023 - 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We were flies on the wall at the event, which acted\u2026","rel":"","context":"In "ENTERPRISE ON THE ROAD"","block_context":{"text":"ENTERPRISE ON THE ROAD","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-on-the-road\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/6\/154.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":560868,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/get-on-the-green-bandwagon\/","url_meta":{"origin":567685,"position":1},"title":"Get on the green bandwagon","author":"enterpriseam admin","date":"16 March 2021","format":false,"excerpt":"Egypt is encouraging non-banking financial players to go green with their investments: The Financial Regulatory Authority (FRA) officially rolled out its Regional Center for Sustainable Finance to encourage and facilitate sustainable investments, the regulator said in a statement on Sunday.What will the center do? The center will support NBFS firms\u2026","rel":"","context":"In "REGULATION WATCH"","block_context":{"text":"REGULATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575587,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/20\/egypt-to-invest-egp-36-7-bn-into-green-projects-in-fy2020-2021\/","url_meta":{"origin":567685,"position":2},"title":"Egypt to invest EGP 36.7 bn into green projects in FY2020-2021","author":"enterpriseam admin","date":"20 October 2020","format":false,"excerpt":"INVESTMENT WATCH- Egypt will invest EGP 36.7 bn in green projects during the current fiscal year, accounting for around 14% of its investment budget, Planning Minister Hala El Said said during a conference on the government\u2019s sustainable development plans, according to Al Mal. 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