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Egypt Central Bank Sets Up Sustainable Finance Group
An article explains that the Central Bank of Egypt has started preparing a sustainable finance classification to promote green investments. A task force has been formed, consisting of relevant ministries and authorities, to coordinate efforts. The classification aims to provide accurate data on sustainable economic activities, reduce risks, and enhance international confidence. It is expected to contribute to increased international funding and improved risk management after its release. Members have begun implementing practical steps to promote international practices and adapt them within Egypt.
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