The Egypt Financial Regulatory Authority has completed, for the first time, a measurement of its 2024 carbon footprint and published the results as part of its annual sustainability report. It also signalled that it intends to fully offset its carbon emissions by purchasing voluntary carbon certificates traded on the Egyptian voluntary carbon market in the coming periods. The footprint measurement was carried out by a national specialised firm registered in the Authority’s register of verification and validation entities for emissions monitoring and verification. The Authority linked its planned offset purchases to continued support for the Egyptian voluntary carbon market, which it noted has registered around 34 projects from Egypt, Oman, Nepal, India and Bangladesh and has addressed more than 170,000 tonnes of carbon emissions since its official launch in August 2024.
Egypt Financial Regulatory Authority 2025-09-06
Egypt Financial Regulatory Authority measures its 2024 carbon footprint and plans to offset emissions through Egypt’s voluntary carbon market
The Egypt Financial Regulatory Authority has measured its 2024 carbon footprint for the first time and published the results in its annual sustainability report. It plans to offset emissions by purchasing voluntary carbon certificates from the Egyptian voluntary carbon market, which has addressed over 170,000 tonnes of emissions since August 2024.