CSR Egypt launched a strategy for transition to green economy within the framework of the state’s keenness on achieving sustainable development and implementing Egypt Vision 2030.
The strategy is meant to ensure that 30% of investment projects are committed to environmental sustainability standards, and this is reflected in the number of green projectsincluded in the 2020-2021 Fiscal year plan.
Under the plan, about 691 green projects will be implemented at a total of EGP 447.3 billion. About 15% of the general budget investments are allocated to these ventures in various Fields; such as agriculture, transport, electricity, renewable energy, waste management, etc.
This falls within the framework of confronting future risks and challenges which Egypt could face; such as climate change, food security, water security, economic stability, public health problems, technological access and bio-diversity.
Therefore, the third edition of the Forum on Strategies for Transition to Green Economy is held with an aim of creating opportunities and effective partnerships between the parties concerned and those interested in achieving sustainable development in the country and giving a push to the shift towards green economy in order to face future risks.
