Egypt's Ministry of Planning and Economic Development has released a report highlighting the progress of green public investments during the 2024/2025 fiscal year. The report is part of the government's efforts to integrate environmental dimensions into sustainable development plans and transition to a green economy. The ministry aims to increase the share of green public investments and combat climate change through mitigation and adaptation projects. The report showcases key results, emphasizing the integration of environmental dimensions in development plans.
According to the report, Egypt's green public investments totaled approximately 215.5 billion EGP during the 2024/2025 fiscal year. These investments were allocated across seven main sectors, with green transportation leading at 71.5% of the total, followed by the "Decent Life" initiative at 10.5%, sustainable urban planning at 8%, environmental improvement at 4.5%, agriculture and irrigation at 3%, clean energy at 1.5%, and telecommunications. This allocation reflects the government's focus on environmentally friendly projects.
The report highlights that 87% of green investments were allocated to mitigation projects, while 13% went to adaptation projects. This distribution aligns with Egypt's efforts to develop projects meeting environmental and sustainability standards, as outlined in the National Climate Change Strategy. The increase in green investments is expected to improve Egypt's ranking in climate-focused public investment management evaluations. The ministry aims to raise the share of green public investments from 15% in 2020/2021 to around 60% by the 2026/2027 fiscal year.
The growth in green investments supports Egypt's commitment to sustainable development and a transition to a green economy. By directing more public investments towards environmentally friendly projects, the government aims to enhance resource efficiency, reduce emissions, and improve sectoral adaptation to climate change impacts. The ministry plans to continue integrating environmental sustainability criteria into all stages of the state's investment plan, promoting more sustainable and inclusive economic growth.
Egypt's efforts to boost green investments align with its Vision 2030 and climate action goals. The report emphasizes the government's dedication to achieving sustainable development and a successful transition to a green economy. By prioritizing environmentally friendly projects, Egypt aims to strengthen its position in global climate action efforts. The steady growth in green investments demonstrates the country's progress in addressing environmental challenges.
The Ministry of Planning and Economic Development's report underscores the importance of green investments in driving sustainable growth. With a focus on environmental sustainability, the government aims to create a more resilient and eco-friendly economy. The allocation of 215.5 billion EGP to green public investments highlights Egypt's commitment to addressing climate change and promoting sustainable development.
As Egypt continues to prioritize green investments, the country is likely to see improved environmental outcomes and a stronger economy. The government's efforts to integrate environmental dimensions into development plans and promote sustainable growth will be crucial in achieving its climate action goals. With a steady growth in green investments, Egypt is well on its way to achieving a more sustainable future.
Key points
- Egypt's green public investments reached 215.5 billion EGP in 2024/2025.
- Green transportation sector received the largest share of investments at 71.5%.
- Egypt aims to increase the share of green public investments to 60% by 2026/2027.