“Within this framework, the CBE is playing a pivotal role in catalysing the banking sector’s transition towards a more sustainable future through issuing the Sustainable Finance Guiding Principles in 2021, the Sustainable Finance Binding Regulations in 2022, and the Carbon Border Adjustment Mechanism (CBAM) directive in 2025. Speakers reaffirmed Egypt’s commitment – alongside international partners – to advancing the sustainable finance agenda, enhancing climate resilience and accelerating the transition to a low-carbon economy. Participants also highlighted emerging economic opportunities linked to the climate transition, including job creation, the development of new markets and growth in sectors such as agricultural technology (Agri-tech). Discussions underscored the importance of innovation, sound policy design and cross-sector collaboration in scaling up climate finance. Participants emphasised the need to reinforce climate-aligned financial systems across Egypt and Africa, strengthen resilience and ensure sustainable growth.

Source: Daily News Egypt February 16, 2026 17:03 UTC