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بوابة أخبار اليوم
Source: بوابة أخبار اليوم
1 Dayبوابة أخبار اليوم
Source: بوابة أخبار اليوم
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Dr. Manal Aboued, Egypt's Minister of Local Development and Environment, is exploring mechanisms for establishing an Egyptian fund to protect coral reefs in the Red Sea. The fund aims to finance the sustainable protection of the reefs, promote economic development linked to eco-tourism, and attract long-term investments from the private sector. The fund framework includes grants to finance conservation activities and an investment portfolio to transform economic sectors, all managed transparently and with balanced priorities that align national goals with global standards. The establishment of the fund is expected to boost Egypt's efforts to preserve biodiversity, achieve environmental sustainability, and generate economic benefits, especially within the context of the Red Sea Initiative launched by the country last June.
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