logo
UK Launches 'Green Growth' Campaign in Egypt to Boost Climate Cooperation

UK Launches 'Green Growth' Campaign in Egypt to Boost Climate Cooperation

By Ahmad El-Assasy
The British Embassy in Cairo has officially launched the 'Green Growth' campaign, a high-impact initiative aimed at accelerating climate cooperation and unlocking sustainable economic potential between the United Kingdom and Egypt. The campaign was inaugurated in the presence of Egypt's Minister of Investment, Engineer Hassan El-Khatib, alongside senior officials from the Financial Regulatory Authority, the General Authority for Investment, the Federation of Egyptian Industries, and the Ministries of Finance and International Cooperation.
Running through to COP30 in November 2025, the campaign sets out three core objectives:
Reinforcing Egypt's leadership on global climate action
Opening new trade and investment partnerships with UK businesses
Deepening cooperation on Egypt's green transition
The UK seeks to support Egypt's pivotal role in the global shift towards green energy. Through joint expertise, the partnership aims to help achieve both Egypt's national climate goals and broader international targets. This collaboration has already seen Egypt engaged in major UK-hosted summits, including the IEA's Future of Energy Security forum, and will intensify in the lead-up to COP30.
The UK also plans to support Egypt's green policy frameworks by sharing its world-leading experience in regulatory reforms, carbon markets, network management, and sectoral capacity building. Technical cooperation will further extend to food security and water resilience, enabling Egypt to better adapt to the consequences of climate change.
On the trade and investment front, both countries have set an ambitious goal of securing $500 million in green investments over the next six months. The UK government and private sector have already invested more than $1 billion in Egypt's renewable energy sector, recognizing the country's vast potential.
As part of this green investment drive, the British International Investment (BII)—the UK's development finance institution—announced a total of $305 million in new support for renewable energy projects in Egypt.
On June 16, BII confirmed its participation in building Africa's largest onshore wind farm, a 1.1 GW project in Egypt's Suez region. The institution will contribute nearly $190 million to the project, which is backed by a global alliance of development lenders. The wind farm is expected to significantly reduce Egypt's reliance on natural gas, aligning with its green energy transition.
Just a day earlier, BII also pledged $115 million as part of a $479 million funding package for Obelisk Solar Power, aimed at developing Egypt's first utility-scale solar + battery storage plant. Located in Nag Hammadi, the project will deliver 1.1 GW of photovoltaic energy with 200 MWh of storage capacity and is set to begin operations in 2026.
British Ambassador to Egypt Gareth Bayley stated:
'The Green Growth campaign reflects our shared ambition to lead on climate action, drive sustainable investment, and build a greener, more resilient future. It not only strengthens UK-Egypt climate goals but also creates new opportunities for innovation, cooperation, and prosperity.'
Sherine Shahdy, BII's Egypt Country Director, added:
'Investments in the Obelisk and Suez projects are pivotal steps toward clean energy in Egypt. These projects will not only generate power but stimulate economic growth, create jobs, and deliver reliable energy for communities. BII is proud to be leading this transformational shift.'
The campaign builds on the strong climate ties established during COP26 in Glasgow and COP27 in Sharm El-Sheikh, which marked a turning point in UK-Egypt climate diplomacy. Since then, the UK has committed over $250 million to Egypt across technical and financial assistance programs, infrastructure development, and multilateral advocacy.
The Green Growth campaign marks a new chapter in this partnership—translating shared ambition into measurable progress.
read more
Gold prices rise, 21 Karat at EGP 3685
NATO's Role in Israeli-Palestinian Conflict
US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria
Shoukry Meets Director-General of FAO
Lavrov: confrontation bet. nuclear powers must be avoided
News
Iran Summons French Ambassador over Foreign Minister Remarks
News
Aboul Gheit Condemns Israeli Escalation in West Bank
News
Greek PM: Athens Plays Key Role in Improving Energy Security in Region
News
One Person Injured in Explosion at Ukrainian Embassy in Madrid
News
China Launches Largest Ever Aircraft Carrier
Sports
Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer
Lifestyle
Get to Know 2025 Eid Al Adha Prayer Times in Egypt
Business
Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War
Arts & Culture
Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies
News
Flights suspended at Port Sudan Airport after Drone Attacks
Videos & Features
Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream
News
Shell Unveils Cost-Cutting, LNG Growth Plan
Technology
50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean
News
3 Killed in Shooting Attack in Thailand

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Liverpool complete record swoop for Wirtz from Leverkusen - World
Liverpool complete record swoop for Wirtz from Leverkusen - World

Al-Ahram Weekly

time10 hours ago

  • Al-Ahram Weekly

Liverpool complete record swoop for Wirtz from Leverkusen - World

Liverpool completed the blockbuster signing of Germany forward Florian Wirtz from Bayer Leverkusen on Friday in a deal which could reportedly rise to a Premier League record fee. It was reported in England that the Premier League champions will pay an initial £100 million ($134 million) for Wirtz, comfortably surpassing their own record outlay. A further £16 million in performance-related add-ons would make it a British record deal. However, reports in Germany suggested the fee could be even higher, starting at 130 million euros (£111 million, $149 million) with add-ons taking it to 150 million euros. One of European football's elite young stars, Wirtz has been hailed as one of the "best in the world" by former Leverkusen coach and ex-Liverpool midfielder Xabi Alonso, who is the new boss of Real Madrid. "I'm really excited to have a new adventure in front of me. This was also a big point of my thoughts: that I want to have something completely new, to go out of the Bundesliga and to join the Premier League," Wirtz told the club's website. "In the end, we want to be successful. Last season they won the Premier League so my goal is for sure to win it again and also to go further in the Champions League. I'm really ambitious." The 22-year-old played a crucial role in Leverkusen's greatest season as they claimed a first-ever Bundesliga title and the German Cup in 2023/24 without losing a single game under Alonso. Their only defeat that season, during which Wirtz was crowned Bundesliga player of the year, came in the Europa League final to Atalanta, denying Leverkusen a memorable treble. Bayern Munich restored their grip on the German game last season, with Leverkusen a distant second, and Wirtz is joining an exodus from the BayArena. Netherlands defender Jeremie Frimpong has already made the move from Leverkusen to Liverpool last month. After largely keeping their powder dry in the transfer market during Arne Slot's first season in charge, the Reds are splashing out to strengthen a side that romped to a record-equalling 20th English top-flight title. Bournemouth left-back Milos Kerkez is poised to make the move to Anfield in a £40 million deal. Liverpool have also been linked with Newcastle striker Alexander Isak and Crystal Palace centre-back Marc Guehi. Where Wirtz's fits into Slot's plans remains to be seen. He largely played behind a central striker at Leverkusen and has operated from a wider role for Germany. A return of 57 goals and 65 assists in 197 games for Leverkusen is evidence that he carries a threat both as a creator and a goalscorer. Liverpool are already blessed with an abundance of forward options, with Mohamed Salah, Luis Diaz and Cody Gakpo all offering a goal threat. However, Diogo Jota, Darwin Nunez and Federico Chiesa now face even stiffer competition to get into Slot's starting line-up, raising the prospect of Liverpool selling some of that trio to free up further transfer resources. (For more sports news and updates, follow Ahram Online Sports on Twitter at @AO_Sports and on Facebook at AhramOnlineSports.) Follow us on: Facebook Instagram Whatsapp Short link:

Egypt FM reiterates call to ending Israel-Iran military escalation, resume negotiations
Egypt FM reiterates call to ending Israel-Iran military escalation, resume negotiations

Egypt Today

time14 hours ago

  • Egypt Today

Egypt FM reiterates call to ending Israel-Iran military escalation, resume negotiations

CAIRO – 20 June 2025: Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty reiterated on Friday Egypt's call for ending the current escalation and resuming negotiations to reach an agreement on Iran's nuclear program. The top diplomat gave the remarks during a phone call with his British counterpart David Lammy that comes as part of intensive contacts over the current military escalation between Israel and Iran. The two ministers exchanged views on the escalating situation, with Abdelatty underlining the need to maintain European efforts and international coordination to contain the crisis and prevent the conflict from expanding. The ministers agreed to maintain close coordination and work hand in hand to de-escalate the situation and make the best use of available diplomatic channels to achieve calm in the region. f

OPEN// Egypt FM in talks with his UK counterpart over ending Israel-Iran military escalation
OPEN// Egypt FM in talks with his UK counterpart over ending Israel-Iran military escalation

Middle East

time15 hours ago

  • Middle East

OPEN// Egypt FM in talks with his UK counterpart over ending Israel-Iran military escalation

CAIRO, June 20 (MENA) - Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty reiterated on Friday Egypt's call for ending the current escalation and resuming negotiations to reach an agreement on Iran's nuclear program. The top diplomat gave the remarks during a phone call with his British counterpart David Lammy that comes as part of intensive contacts over the current military escalation between Israel and Iran. The two ministers exchanged views on the escalating situation, with Abdelatty underlining the need to maintain European efforts and international coordination to contain the crisis and prevent the conflict from expanding. The ministers agreed to maintain close coordination and work hand in hand to de-escalate the situation and make the best use of available diplomatic channels to achieve calm in the region. (MENA) S R E/

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store