The Minister of Environment stressed the importance of the company in helping Egypt and Africa to achieve a greater role in investing in reducing emissions, especially with Egypt owning a variety of qualified projects that can help reduce carbon emissions in the transport, energy and solid waste sectors.
The value of the projects to be established per those agreements is $85 billion.
The village of Al-Talin, in Egypt’s governorate of Al-Sharqia in Delta, implemented the first environmentally friendly charcoal composter without exhaust or harmful fumes, as an alternative to the harmful traditional method.
The Egyptian Electricity Holding Company and GE Gas Power signed Wednesday two agreements of cooperation on reducing carbon emissions.
According to Heritage Daily, the outline of the settlement, one of the largest potential settlements discovered in the area, was determined using advanced satellite radar images.
This came during the signing of a cooperation protocol between the AOI and the Emirati companies Carbon and Woodserv.
There is a plan to cut carbon emissions in Egypt by 50 percent.
Climate change is already hurting the global economy and will cost the US hundreds of billions of dollars annually.
The dismissal of a lawsuit filed by young people claiming government climate policy falls short will be appealed.