Board members and executives of financial and non-financial corporations from Egypt have announced today the launch of Chapter Zero Egypt

Board members and executives of financial and non-financial corporations from Egypt have announced today the launch of Chapter Zero Egypt

Cairo: The official launch of Chapter Zero Egypt was announced today at a reception which brought together representatives of the private sector, Chairpersons and members of Boards of Directors, senior government officials, the European Bank for Reconstruction and Development (EBRD) and the Climate Governance Initiative. Chapter Zero Egypt becomes the 27th Chapter of the Climate Governance Initiative (the Initiative) global network and the first in the region. Its launch is supported by the European Bank of Reconstruction and Development as part of the Memorandum of Understanding signed between the EBRD and the Initiative in 2022. The Climate Governance Initiative’s global network promotes the adoption of the Principles for Effective Climate Governance published by the World Economic Forum (the Forum). Established in 2019, this Initiative aims to equip its members with skills and knowledge to make addressing climate change a boardroom priority. The Chairman of Chapter Zero Egypt, Eng. Ahmed El Sewedy, President and CEO of El Sewedy Electric, said that the Chapter is now officially launched and aims to educate company boards and executives of financial and non-financial corporations on climate governance and climate change opportunities and challenges. El Sewedy announced the launch of the website www.chapterzeroegypt.org and expressed appreciation