The European Bank for Reconstruction and Development (EBRD) supports the green economy in Egypt through a $100 million loan.
The $100 million loan to Banque Misr promotes the green economy by on-lending to local small and medium-sized enterprises (SMEs).
The loan follows the success of the Green Economy Financing Facility (GEFF) in Egypt. It will support an expansion of green lending in Egypt to under-served regions for investments in climate change mitigation and adaptation technologies and services.
