Egypt To Establish its Inaugural Voluntary Carbon Market With Participation of 6 Ministers, EGX Chairman, and Stakeholders
The Financial Regulatory Authority (FRA), chaired by Dr. Mohamed Farid, has launched Egypt’s inaugural carbon market for regulatory monitoring financial markets; registering voluntary carbon reduction projects, as well as issuing and trading carbon emission certificates. The market was activated by trading 3 carbon emission reduction certificates, implementing COP 27 recommendations. This step is taken within…