The Financial Regulatory Authority (FRA) approved the registration of 12 new carbon emission reduction projects, marking significant progress in Egypt’s voluntary carbon market. These initiatives will enable trading of approximately 13,300 voluntary carbon certificates, equivalent to a reduction of 13,300 tons of CO2 emissions. Led by FRA Chairman Dr. Mohamed Farid, the projects span agricultural regions like Matrouh, Sohag, and Luxor, leveraging biodynamic farming methods. This milestone follows commitments made during COP 27 and aligns with FRA’s efforts to position Egypt as a regional leader in sustainable finance and carbon reduction.

Read more : https://fra.gov.eg/en/fra_news/%d8%a7%d9%84%d8%b1%d9%82%d8%a7%d8%a8%d8%a9-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9-%d8%aa%d9%88%d8%a7%d9%81%d9%82-%d8%b9%d9%84%d9%89-%d8%aa%d8%b3%d8%ac%d9%8a%d9%84-12-%d9%85%d8%b4%d8%b1%d9%88%d8%b9/