CSR Posts

EBRD extends $ 21.3 m loan to Red Sea wind energy farm in Egypt

 

Read More     [[{“value”:”The European Bank for Reconstruction and Development (EBRD) is supporting the development and sustainability of Egypt’s renewable-energy sector by extending a $ 21.3 million loan to Red Sea Wind Energy. The loan will fund the development and construction of a 150 MW expansion to the 500 MW wind farm currently being constructed in the country’s
The post EBRD extends $ 21.3 m loan to Red Sea wind energy farm in Egypt appeared first on Csr Egypt.”}]] 

CSR Posts

What is Baku Harmoniya Climate Initiative for Farmers?

 

Read More     [[{“value”:”The Food and Agriculture Organization of the United Nations (FAO), in partnership with the Azerbaijan COP29 Presidency, has launched a new platform, the Baku Harmoniya Climate Initiative for Farmers. The Harmoniya Initiative will serve as an aggregator, bringing together disparate initiatives, coalitions, networks, and partnerships to empower farmers, villages and rural communities. There are currently
The post What is Baku Harmoniya Climate Initiative for Farmers? appeared first on Csr Egypt.”}]] 

CSR Posts

Report: 18 new green shipping corridor initiatives emerged worldwide in last year alone 

 

Read More     [[{“value”:”About 18 new green shipping corridor initiatives emerged worldwide in the last year alone – a 40% increase in 2023 – and 1/3 of existing initiatives made significant, measurable progress in the past year, according to the “Annual Progress Report on Green Shipping Corridors 2024”, published by the Getting to Zero Coalition and the Global Maritime
The post Report: 18 new green shipping corridor initiatives emerged worldwide in last year alone  appeared first on Csr Egypt.”}]] 

CSR Posts

EBRD earmarks €25 m for CIB to promote on-lending to SMEs in Egypt  

 

Read More     [[{“value”:”The European Bank for Reconstruction and Development (EBRD) is extending an unfunded portfolio risk-sharing facility for up to €25 million to Commercial International Bank (CIB) to promote on-lending to small and medium-sized enterprises (SMEs) in Egypt.   The EBRD facility will help cover up to 50 percent of the credit risk on as much as €50 million in financing for Egyptian
The post EBRD earmarks €25 m for CIB to promote on-lending to SMEs in Egypt   appeared first on Csr Egypt.”}]] 

CSR Posts

New ISO ESG Implementation Principles provide int’l guidance to streamline ESG practices

 

Read More     [[{“value”:”New  ESG Implementation Principles launched the International Organization for Standardization (ISO) at the 29th United Nations Climate Change Conference (COP29) provide international guidance to streamline environmental, social, and governance (ESG) practices, providing global organizations with actionable insights to enable clear communication of sustainability efforts worldwide. The new freely available international guidance by the ISO) will better
The post New ISO ESG Implementation Principles provide int’l guidance to streamline ESG practices appeared first on Csr Egypt.”}]] 

CSR Posts

PUMA cut greenhouse gas emissions by 24% in 2023

 

Read More     [[{“value”:”PUMA has already made strong progress in reducing its greenhouse gas emission over the past years and it announced that it had reached its previous science-based target seven years ahead of schedule. PUMA reduced greenhouse gas emissions by 24% in 2023 (market based) compared to 2022 and had its efforts in decarbonization and climate transparency ranked
The post PUMA cut greenhouse gas emissions by 24% in 2023 appeared first on Csr Egypt.”}]] 

CSR Posts

UNCTAD urges stronger action to help least developed nations tap into carbon markets

 

Read More     [[{“value”:”The United Nations Trade and Development (UNCTAD) urged during the 29th United Nations Climate Change Conference (COP29) stronger action to help least developed nations tap into carbon markets for sustainable and resilient growth. At their core, carbon markets are trading systems designed to reduce greenhouse gas emissions by putting a price on carbon. They create
The post UNCTAD urges stronger action to help least developed nations tap into carbon markets appeared first on Csr Egypt.”}]] 

CSR Posts

140 oil, gas firms committed to reducing methane emissions under OGMP 2.0

 

Read More     [[{“value”:”About 140 oil and gas companies have committed to credibly measuring and reducing methane emissions under the Oil and Gas Methane Partnership 2.0 (OGMP 2.0) of the United Nations Environment Program (UNEP). Beyond addressing major emissions seen from space, the systems exist for industry to manage its methane footprint. UNEP’s OGMP 2.0, an initiative for oil and
The post 140 oil, gas firms committed to reducing methane emissions under OGMP 2.0 appeared first on Csr Egypt.”}]] 

CSR Posts

Egypt witnesses launch of two COP29 initiatives on sustainable energy, green skills

 

Read More     [[{“value”:”Egypt’s Minister Rania Mashat has witnessed the launch of two international initiatives on sustainable energy and green skills during the 29th United Nations Climate Change Conference (COP29). She participated in the ministerial meeting on energy initiatives, where the COP29 Presidency Energy Initiative was launched; “The Baku Initiative for Climate Finance, Investment and Trade”. This event
The post Egypt witnesses launch of two COP29 initiatives on sustainable energy, green skills appeared first on Csr Egypt.”}]] 

CSR Posts

IDB, C40 sign deal to bolster joint climate action in LAC

 

Read More     [[{“value”:”The Inter-American Development Bank (IDB) and the C40 Cities Climate Leadership Group (C40) signed an agreement today to work together on joint climate action and increased access to credit for cities in Latin America and the Caribbean (LAC). IDB President Ilan Goldfajn and C40 Executive Director Mark Watts signed a Memorandum of Understanding with Freetown
The post IDB, C40 sign deal to bolster joint climate action in LAC appeared first on Csr Egypt.”}]] 

CSR Posts

Mashat urges upping annual investments in clean energy in developing countries, emerging markets to $1 trln

 

Read More     [[{“value”:”Minister of Planning and International Cooperation Rania Mashat called for an increase in annual investments in clean energy in developing countries and emerging markets to $1 trillion—seven times the current investments—in order to achieve low-emission and climate-resilient development by 2050, according to the Ministry’s news center. Mashat stressed that Egypt has an exceptional opportunity to
The post Mashat urges upping annual investments in clean energy in developing countries, emerging markets to $1 trln appeared first on Csr Egypt.”}]] 

CSR Posts

Andersen: 2024 is on track to be warmest on record..Financing must up at least 3.5 times

 

Read More     [[{“value”:”2024 is on track to surpass 2023 as the warmest on record and climate change is carving a deadly trail of destruction throughout the world, Executive Director of the United Nations Environment Program (UNEP) Inger Andersen said during the Global Methane Pledge Ministerial Meeting. The Climate and Clean Air Coalition (CCAC) received more than $650 million
The post Andersen: 2024 is on track to be warmest on record..Financing must up at least 3.5 times appeared first on Csr Egypt.”}]] 

CSR Posts

MDBs collective climate financing contributions set to hit $170 bn by 2030

 

Read More     [[{“value”:”The annual collective climate financing contributions from the group of multilateral development banks (MDBs) is set to cumulatively reach $120 billion by 2030 for low-and middle-income countries, including $42 billion for adaptation. The MDBs also aim to mobilize $65 billion annually from the private sector. For high-income countries, this annual collective climate financing is projected
The post MDBs collective climate financing contributions set to hit $170 bn by 2030 appeared first on Csr Egypt.”}]] 

CSR Posts

Sweden pledges extra $19m in Loss and Damage Fund

 

Read More     [[{“value”:”Sweden pledges additional $19 million to the Loss and Damage Fund at the 29th United Nations Climate Change Conference (COP29), bringing total pledged funding to more than $720 million. The Fund for responding to Loss and Damage is now ready to accept contributions after the signing of key documents. The Fund will serve as a
The post Sweden pledges extra $19m in Loss and Damage Fund appeared first on Csr Egypt.”}]] 

CSR Posts

New DHL CEO in MENA pledges to continue to be pioneer of sustainable logistics

 

Read More     [[{“value”:”New Chief Executive Officer (CEO) DHL Express in the Middle East and North Africa(MENA) Abdulaziz Busbate said “We will continue to invest in making DHL a Great Place to Work for our people and a pioneer of sustainable logistics, delivering a positive contribution to the communities we serve.” “I’m honored to lead this great team
The post New DHL CEO in MENA pledges to continue to be pioneer of sustainable logistics appeared first on Csr Egypt.”}]] 

CSR Posts

Lindt & Sprüngli cuts 514.86 metric tons of CO2 emissions in 3 months under partnership with DHL

 

Read More     [[{“value”:”Lindt & Sprüngli has already achieved a reduction in its carbon footprint in transportation, with approximately 514.86 metric tons of CO2e emissions reduced within 3 months under partnership with DHL. DHL Global Forwarding is supporting Lindt & Sprüngli, the renowned Swiss chocolate manufacturer, in reducing their Greenhouse Gas (GHG) emissions in ocean freight transport. Since
The post Lindt & Sprüngli cuts 514.86 metric tons of CO2 emissions in 3 months under partnership with DHL appeared first on Csr Egypt.”}]] 

CSR Posts

WMO: 2015-2024 will be the warmest ten years on record

 

Read More     [[{“value”:”The WMO State of the Climate 2024 Update once again issues a Red Alert at the sheer pace of climate change in a single generation, turbo-charged by ever-increasing greenhouse gas levels in the atmosphere. 2015-2024 will be the warmest ten years on record; the loss of ice from glaciers, sea-level rise and ocean heating are accelerating; and
The post WMO: 2015-2024 will be the warmest ten years on record appeared first on Csr Egypt.”}]] 

CSR Posts

COP29 participants reach consensus on standards for creation of carbon credits under Paris Agreement

 

Read More     [[{“value”:”Parties assembled for the first day of the 29th UN Climate Change Conference (COP29) achieved a critical early success by reaching consensus on standards for the creation of carbon credits under Article 6.4 of the Paris Agreement. This will enable climate action by increasing demand for carbon credits and ensure that the international carbon market
The post COP29 participants reach consensus on standards for creation of carbon credits under Paris Agreement appeared first on Csr Egypt.”}]] 

CSR Posts

Guterres: We need developed countries to double adaptation finance to at least $40 bn a year by 2025

 

Read More     [[{“value”:”“Climate catastrophe is hammering health, widening inequalities, harming sustainable development, and rocking the foundations of peace,” United Nations (UN) Secretary-General António Guterres said in a video message. “The vulnerable are hardest hit. And taxpayers are footing the bill. While the purveyors of all this destruction – particularly the fossil fuel industry – reap massive profits
The post Guterres: We need developed countries to double adaptation finance to at least $40 bn a year by 2025 appeared first on Csr Egypt.”}]] 

CSR Posts

Egypt’s WMRA, UAE’s Tadweer Group team up to promote circular economy

 

Read More     [[{“value”:”The Waste Management Regulatory Authority (WMRA) under the Egyptian Ministry of Environment has signed a Memorandum of Understanding (MoU) UAE’s Tadweer Group, marking a significant step towards advancing waste management practices and strengthening regional collaboration in environmental sustainability. This partnership aims to promote investment opportunities and facilitate the exchange of expertise and knowledge between the
The post Egypt’s WMRA, UAE’s Tadweer Group team up to promote circular economy appeared first on Csr Egypt.”}]] 

CSR Posts

Study: 1 in 6 of world’s largest companies on track for zero emissions

 

Read More     [[{“value”:”Only one in six (16%) of the world’s largest companies are currently on track to reach net zero emissions in their operations by 2050, while close to half (45%) continued to increase carbon emissions, according to new analysis from Accenture (NYSE: ACN). The analysis also showed a need to expand how AI is used to
The post Study: 1 in 6 of world’s largest companies on track for zero emissions appeared first on Csr Egypt.”}]] 

CSR Posts

Egypt, Mali win UNESCO-Sharjah Prize for Arab Culture

 

Read More     [[{“value”:”Egyptian visual artist Aya Tarek and Malian filmmaker Alidji Alvin Touré will be awarded the 20th UNESCO-Sharjah Prize for Arab Culture at a ceremony at UNESCO on 28 November 2024 in Paris for their contributions to promoting the arts and Arab culture, and supporting their local communities. The UNESCO-Sharjah Prize for Arab Culture recognizes recipients’
The post Egypt, Mali win UNESCO-Sharjah Prize for Arab Culture appeared first on Csr Egypt.”}]] 

CSR Posts

EU mobilizing additional €7.2 bn of private finance to back developing countries to cut GHG emissions

 

Read More     [[{“value”:”The EU is currently the largest provider of international climate finance, contributing €28.6 billion in public climate finance in 2023 and mobilizing an additional amount of €7.2 billion of private finance to support developing countries to reduce their greenhouse gas emissions and adapt to the impacts of climate change. While developed countries should continue to lead efforts in
The post EU mobilizing additional €7.2 bn of private finance to back developing countries to cut GHG emissions appeared first on Csr Egypt.”}]] 

CSR Posts

EBRD allocates €70 m to support SMEs in Egypt

 

Read More     [[{“value”:”The European Bank for Reconstruction and Development (EBRD) is extending, for the first time in Egypt and the southern and eastern Mediterranean region, an unfunded portfolio risk-sharing facility for up to €35 million to QNB to support on-lending to Egyptian enterprises. The EBRD’s facility will cover up to 50 percent of credit risk on new financing of up to €70 million
The post EBRD allocates €70 m to support SMEs in Egypt appeared first on Csr Egypt.”}]] 

CSR Posts

EIB allocates €10.3 bn to back recovery, resilience projects in regions affected by devastating floods

 

Read More     [[{“value”:”The European Investment Bank (EIB) will finance recovery and reconstruction in regions affected by the recent devastating floods, and significantly step up its support for Europe’s farmers. The EIB’s Board of Directors approved €10.3 billion for energy, water, education and business investment projects, including €4.1 billion financing for energy and water, €1.5 billion for corporate
The post EIB allocates €10.3 bn to back recovery, resilience projects in regions affected by devastating floods appeared first on Csr Egypt.”}]] 

CSR Posts

Juhayna’s donations to support Baheya Foundation up 14%

 

Read More     [[{“value”:”Donations of Juhayna Food Industries rose by 14% to continue supporting the Baheya Foundation for Early Detection and Treatment of Breast Cancer for the ninth consecutive year. Under the successful campaign “The Power of 5”,  Juhayna allocated 5% of the sales from its pink products throughout the month of October. This initiative encouraged numerous influencers
The post Juhayna’s donations to support Baheya Foundation up 14% appeared first on Csr Egypt.”}]] 

CSR Posts

UN-Habitat report: Over 2 bn people in cities could be exposed to 0.5ºC rise by 2040

 

Read More     [[{“value”:”More than 2 billion people currently living in cities could be exposed to an additional temperature increase of at least 0.5 degrees Celsius by 2040, according to a report issued by the UN-Habitat during the World Urban Forum in Cairo. The UN-Habitat World Cities Report 2024 “Cities and Climate Action said as much as 36
The post UN-Habitat report: Over 2 bn people in cities could be exposed to 0.5ºC rise by 2040 appeared first on Csr Egypt.”}]] 

CSR Posts

ADNOC, Masdar team  up with Microsoft on AI, low-carbon initiatives in UAE

 

Read More     [[{“value”:” ADNOC and Abu Dhabi Future Energy Company (Masdar) announced the signing of a Strategic Collaboration Agreement (SCA) with Microsoft on a range of artificial intelligence (AI) and low-carbon initiatives in the UAE and globally aimed at decarbonizing the energy system of today and enabling a sustainable energy system for the future. The announcement was made
The post ADNOC, Masdar team  up with Microsoft on AI, low-carbon initiatives in UAE appeared first on Csr Egypt.”}]] 

CSR Posts

EY report: 19% rise in Irish business focus on sustainability

 

Read More     [[{“value”:”The EY State of Sustainability 2024 report revealed a significant shift among Irish businesses towards sustainability. 81% of respondents reported a heightened focus on sustainability within their organizations over the past year, marking a 19% increase from the previous survey in 2022. This is the largest percentage increase noted in the study, indicating a growing commitment to
The post EY report: 19% rise in Irish business focus on sustainability appeared first on Csr Egypt.”}]] 

CSR Posts

Sisi announces launch of “National Smart Cities Strategy”, “National Green Urbanization Strategy” at WUF

 

Read More     [[{“value”:”President Abdel Fattah El Sisi declared at the 12th World Urban Forum (WUF) the launch of the “National Smart Cities Strategy” and the “National Green Urbanization Strategy”, which aim to reinforce ongoing national endeavors in the domain of urbanization, grounded in global sustainability standards and partnership. The WUF provides an ideal platform for promoting fruitful
The post Sisi announces launch of “National Smart Cities Strategy”, “National Green Urbanization Strategy” at WUF appeared first on Csr Egypt.”}]] 

CSR Posts

UNEP: Five ways countries can leverage freshwater to meet their global biodiversity, sustainability goals  

 

Read More     [[{“value”:”The United Nations Environment Program (UNEP) said there are five ways countries can leverage freshwater to meet their global biodiversity and sustainability goals.   The five ways are implementing water-related nature-based solutions, investing in water quality monitoring, embracing indigenous peoples traditional knowledge, tapping into new tools for managing freshwater, and embracing integrated water resource management. As
The post UNEP: Five ways countries can leverage freshwater to meet their global biodiversity, sustainability goals   appeared first on Csr Egypt.”}]] 

CSR Posts

Manchester Univ. published over 22,000 pieces of research on SDGs over 5 years

 

Read More     [[{“value”:”A report by the Manchester University has published more than 22,000 pieces of research on the Sustainable Development Goals (SDGs) over the past five years, which is 4% of the UK’s entire share of publications. It details teaching and learning programs that address the SDGs, such as the ‘Creating a Sustainable World’ interdisciplinary unit. As
The post Manchester Univ. published over 22,000 pieces of research on SDGs over 5 years appeared first on Csr Egypt.”}]] 

CSR Posts

Natural disasters affected investments or savings of 39% of Americans, 21% change their retirement plans

 

Read More     [[{“value”:”Nearly two in five (39%) Americans affected by natural disasters used money intended for savings or investments to recover from or protect against extreme weather. Of those affected by a natural disaster, 21% had to change their retirement plans due to the impacts of extreme weather, according to a study by Allianz. Holistic, long-term planning
The post Natural disasters affected investments or savings of 39% of Americans, 21% change their retirement plans appeared first on Csr Egypt.”}]]