Egypt Invests USD3 Million in Green Tourism Initiative with UNIDO
The Ministry of Environment witnessed the signing of the “Green Hurghada” project agreement between the United Nations Industrial Development Organization (UNIDO) and the Environmental Affairs Agency, funded by the Global Environment Facility, with investments exceeding USD3 million.
Dr. Yasmin Fouad, the Minister of Environment, highlighted the project’s aim to replicate the success of turning Sharm El-Sheikh into a green city for COP27. It targets reducing greenhouse gas emissions and conserving biodiversity in Hurghada through smart climate tech dissemination.
Minister Fouad also outlined the project’s focus on developing green recovery strategies and linking them with financial mechanisms and climate investments. Implemented in collaboration with UNIDO, the project aligns with Egypt’s green transformation plan, fostering sustainable growth, including initiatives to improve energy efficiency and address ozone depletion.
Patrick Gilber, UNIDO Regional Director in Egypt, praised the project’s potential to enhance Egypt’s tourism industry sustainably, a vital economic sector in the country, by promoting environmental, economic, and social sustainability practices.
