Planning Ministry reviews the most important efforts to build a sustainable green economy

The Ministry of Planning and Economic Development issued recently a report reviewing the efforts of the Egyptian state and the ministry in supporting the green economy and achieving environmental sustainability, as part of the world's celebration of World Environment Day, whose activities will be hosted this year by the State of Pakistan.

The report explained that attention to the environmental dimension has become a priority and the main pillar in all the state's efforts and programs, as the state focuses on taking into account the environmental dimension and the transition towards a green economy in sustainable development plans, as well as Egypt's Vision 2030.

The report pointed out that the 2021/2022 plan is characterized by its focus on the environment and sustainable development sector by addressing the issue of transition to a green economy by focusing on environmental improvement initiatives, as one of the development issues that were not previously raised on a large scale and with the desired effect.
The report added that the next year's plan, concerning the environment and sustainable development sector, is based on encouraging eco-tourism and establishing an eco-hotel, in addition to applying environmental sustainability standards to all economic sectors, such as green project initiatives, while accelerating the trend towards popularizing organic agriculture and environmentally-friendly industries.

The report indicated that the plan for the year 21/2022 focuses on the environment and sustainable development sector, as the state is keen to target doubling the percentage of green public investments from 15% in 20/2021 to 30% in the plan of 21/2022, to become 50% by the end of 24/2025.
The plan for the year 21/2022 also sets a priority in financing green investment initiatives and projects, within the framework of the government’s vision and directions for green recovery, and for Egypt to be a pioneer in the Middle East in the field of greening the state’s plan.


The report included the efforts of the Ministry of Planning and Economic Development, which reflects its keenness to support the state's plans towards achieving environmental sustainability and sustainable economic growth. The ministry's efforts concerning environmental projects included the signing of a cooperation protocol between the Ministry and the Alexandria Businessmen Association on the strategic framework for green recovery in the private sector.

This came within the framework of the Ministry is keen to achieve consistency between investment objectives and global standards to ensure environmental sustainability and green recovery.

On the most prominent projects consistent with green sustainability standards in the investment plan for the fiscal year 21/2022, the report referred to the projects of the Ministry of Transport, Electricity and Renewable Energy, projects of the Ministry of Local Development, housing, utilities, and urban communities, in addition to the projects of the Ministries of Health and Population, Water Resources, Irrigation, and Agriculture.
The report dealt with efforts to train human cadres in various Egyptian authorities to implement sustainability standards, in addition to targeting the generalization of these standards to the private sector, within the framework of the Egyptian government's adoption of the national strategy for the transition to a green economy.
The report also referred to the signing of solid waste management system contracts to serve 18 neighborhoods in Cairo inhabited by 4 million citizens, which is one of the most important mechanisms for achieving development goals related to the environment, whether at the level of international goals or the goals of Egypt’s Vision 2030.

The report also included a reference to the measures taken by the government to accelerate the transition towards a green and flexible economy through the issuance of green bonds and Sukuk, to make Egypt the first in the Middle East and North Africa region to issue green bonds, as well as adopting sustainability standards to ensure the transition to a green economy.
The report also clarified the importance of taking practical steps to implement the "Environmental Sustainability Standards" guide, by spreading a culture of sustainability, and identifying mechanisms for following up on performance indicators for all sectors, to measure progress in the specified goal through the implementation of priority projects and activities in the financing, which have a positive impact on the environment.