Egypt and World Bank discuss environmental cooperation agenda

Egypt's Planning Minister met a World Bank mission on November 4 to review future cooperation in environmental and economic fields.

• Rostam affirmed Egypt's commitment to strengthening its partnership with the World Bank as a pillar of economic and structural reform.
• The meeting covered two environmental tracks: reducing air pollution in Greater Cairo and supporting a transition to a low-carbon economy.
• The sides discussed mobilizing international financing and preparing a carbon emissions reduction fund for the industrial sector.
• The World Bank mission reviewed proposed environmental protection and institutional development projects and affirmed readiness to provide technical support for coastal and marine management.