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Wednesday, 2 September 2020

Government discuss funding for waste-to-energy projects

There’s not a whole lot happening on the diplomatic front this morning, with the major issues of the day remaining Libya, Turkey’s stumbling about in the Eastern Med and stalled talks on the Grand Ethiopian Renaissance Dam.

Egypt looks set to pursue funding for waste-to-energy from development partners: International Cooperation Minister Rania Al Mashat, Environment Minister Yasmine Fouad, and Local Development Minister Mahmoud Shaarawy will form a committee that will be tasked with preparing a pitch to international partners to fund waste-to-energy projects. The pitch is expected to take place in a meeting that Al Mashat will organize in October, according to a cabinet statement. The government currently has four WtE projects funded by international partners, including the European Union, Germany, Italy, the World Bank, the European Investment Bank, and the French Development Agency at a total cost of USD 238.2 mn.

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