Green Economy: Egypt’s Commitment to Sustainable Development

Green Economy: Egypt’s Commitment to Sustainable Development

Embarking on a transformative journey towards a green economy, Egypt is committed to sustainable development, carbon emission reduction, and environmentally friendly practices across different economic sectors. Despite challenges, the country has implemented various projects and policies to transition to a green economy, and is keen to attract investments into green economy projects to ensure a successful transition. Green Economy Transition: Important for Egypt Egypt's green economy strategy can contribute to various aspects, such as social equity, environmental integrity, and addressing climate change concerns, with a focus on sustainable development, employment generation, and poverty reduction, in line with the objectives of a green economy. By integrating climate issues into development initiatives like the National Social Housing Program, Egypt aims to provide greater stability for low-income families while also mitigating climate change through the use of green buildings, according to the World Bank. The Sustainable Development Strategy (SDS): Egypt Vision 2030 outlines the country's development path, emphasizing a balanced, diversified, and knowledge-based economy characterized by social integration and participation, which are essential elements of a green economy. Moreover, an inclusive green economy supports equal rights for men and women, especially vulnerable poor groups. It is directed at economic resources, basic services, ownership