Project Detail |
Private Sector Innovation II Egyptian businesses face significant hurdles in competing within the growing green economy. They struggle to meet new environmental standards with their traditional practices. Broader economic challenges, such as Egypts trade deficit, global market volatility, and geopolitical tensions in the region, exacerbate these difficulties. Additionally, limited access to financing and consulting services prevents companies from adopting eco-friendly and climate-smart innovations. The underdeveloped start-up ecosystem for climate-focused ventures further hinders progress. There is also a pressing need to empower women in climate-friendly industries, providing them with opportunities to become experts and work with industrial companies. The project addresses these gaps by supporting both public and private entities in helping Egyptian businesses become more environmentally responsible and competitive. |