{"id":638255,"date":"2017-10-01T04:09:58","date_gmt":"2017-10-01T04:09:58","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/gcf-to-fund-projects-worth-usd-350-mn-in-egypt\/"},"modified":"2017-10-01T04:09:58","modified_gmt":"2017-10-01T04:09:58","slug":"gcf-to-fund-projects-worth-usd-350-mn-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/gcf-to-fund-projects-worth-usd-350-mn-in-egypt\/","title":{"rendered":"GCF to fund projects worth USD 350 mn in Egypt"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>This comes as <\/strong><a href=\"http:\/\/www.greenclimate.fund\/home\"><strong>the Green Climate Fund<\/strong><\/a><strong>\u2019s board has agreed invest some USD 350 mn in Egyptian projects<\/strong>, Environment Minister Khaled Fahmy said on Saturday, <a href=\"http:\/\/almalnews.com\/Story\/347617\/15\/%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D9%85%D9%86%D8%A7%D8%AE-%D8%A7%D9%84%D8%A3%D8%AE%D8%B6%D8%B1-%D9%8A%D9%85%D9%88%D9%84-%D9%85%D8%B5%D8%B1-%D8%A8%D9%80-350-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1\">Al Mal reports<\/a>. Those include USD 154.7 mn for renewable energy projects and a <a href=\"http:\/\/www.almalnews.com\/Story\/347654\/59\/31-4-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%85%D9%86%D8%AD%D8%A9-%D9%84%D9%85%D8%B5%D8%B1-%D9%84%D9%85%D9%88%D8%A7%D8%AC%D9%87%D8%A9-%D8%A7%D9%84%D8%AA%D8%BA%D9%8A%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D9%86%D8%A7%D8%AE%D9%8A%D8%A9\">USD 31.4 mn grant<\/a> to support a climate change adaptation program in the North Coast, which entails building protective barriers along 69 km of lowlands on the sea and the Nile Delta. The GCF has also agreed to fund a program to promote private sector participation in climate-centric projects through special loans offered by local lenders. The GCF made the decision during their board meeting in Cairo yesterday, where they aimed to discuss the development of the fund\u2019s project portfolio and consider new proposals, <a href=\"http:\/\/www.greenclimate.fund\/-\/gcf-board-meets-in-egypt-to-develop-project-portfolio-consider-new-accreditatio-1?inheritRedirect=true&redirect=%2Fhome\">according to a statement<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This comes as the Green Climate Fund\u2019s board has agreed invest some USD 350 mn in Egyptian projects, Environment Minister Khaled Fahmy said on Saturday, Al Mal reports. Those include USD 154.7 mn for renewable energy projects and a USD 31.4 mn grant to support a climate change adaptation program in the North Coast, which [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-638255","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"23e8c468-4288-4ede-8ae6-71cacc8a03ca","order":"0","is_powered_by":true,"section_story_id":"bf29d388-4a11-4658-bd13-e04105dffd0d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[638243],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>GCF to fund projects worth USD 350 mn in Egypt - 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\/2017\/10\/01\/gcf-to-fund-projects-worth-usd-350-mn-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GCF to fund projects worth USD 350 mn in Egypt\" \/>\n<meta property=\"og:description\" content=\"This comes as the Green Climate Fund\u2019s board has agreed invest some USD 350 mn in Egyptian projects, Environment Minister Khaled Fahmy said on Saturday, Al Mal reports. Those include USD 154.7 mn for renewable energy projects and a USD 31.4 mn grant to support a climate change adaptation program in the North Coast, which [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/gcf-to-fund-projects-worth-usd-350-mn-in-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-01T04:09:58+00:00\" \/>\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\/2017\/10\/01\/gcf-to-fund-projects-worth-usd-350-mn-in-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/gcf-to-fund-projects-worth-usd-350-mn-in-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"GCF to fund projects worth USD 350 mn in Egypt\",\"datePublished\":\"2017-10-01T04:09:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/gcf-to-fund-projects-worth-usd-350-mn-in-egypt\/\"},\"wordCount\":134,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/gcf-to-fund-projects-worth-usd-350-mn-in-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/gcf-to-fund-projects-worth-usd-350-mn-in-egypt\/\",\"name\":\"GCF to fund projects worth USD 350 mn in Egypt - 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The proceeds will allow NBE to open a USD\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568933,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/09\/ebrd-qnb-alahli-agree-usd-82-mn-climate-finance-package\/","url_meta":{"origin":638255,"position":1},"title":"EBRD, QNB Alahli agree USD 82 mn climate finance package","author":"enterpriseam admin","date":"9 February 2020","format":false,"excerpt":"EBRD commits fresh capital to climate finance in Egypt: The European Bank of Reconstruction and Development (EBRD) and QNB Alahli have agreed a USD 82 mn financial package to fund green and SME-led projects in Egypt, the EBRD said in a statement. The package consists of a USD 17 mn\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575640,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/21\/monorail-water-treatment-projects-in-egypt-to-receive-usd-500-mn-in-green-bond-funding\/","url_meta":{"origin":638255,"position":2},"title":"Monorail, water treatment projects in Egypt to receive USD 500 mn in green bond funding","author":"enterpriseam admin","date":"21 October 2020","format":false,"excerpt":"Now we know who\u2019s getting that green-bond financing: The new monorail project, three wastewater treatment facilities, and a desalination plant will be partially funded through USD 500 mn of last month\u2019s USD 750 mn green bond issuance, according to Al Mal, which obtained a list of the projects. Environment Minister\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/224.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":630901,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/05\/crbc-to-begin-work-on-usd-350-mn-nuweiba-terminal-by-end-of-march\/","url_meta":{"origin":638255,"position":3},"title":"CRBC to begin work on USD 350 mn Nuweiba terminal by end of March","author":"enterpriseam admin","date":"5 March 2018","format":false,"excerpt":"The China Road and Bridge Corporation (CRBC) is planning to break ground on a USD 350 mn multipurpose terminal in Nuweiba by the end of March, Red Sea Ports Authority chief Hashem Abu Senna tells Al Borsa. 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Projects in Egypt account for the lion\u2019s share of the backlog:\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596824,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/09\/orascom-construction-adds-usd-935-mn-of-backlog-in-2q\/","url_meta":{"origin":638255,"position":5},"title":"Orascom Construction adds USD 935 mn of backlog in 2Q","author":"enterpriseam admin","date":"9 July 2019","format":false,"excerpt":"Orascom Construction boosts backlog with USD 935 mn in new projects in 2Q2019: Orascom Construction has added USD 935 mn to its backlog in 2Q2019, up 40% compared to a year earlier, the company said in a bourse filing (pdf). 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