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DCarbon co-founder urges all-out green financing system with participation of capital market, banking institutions
DCarbon Co-Founder Hisham Eissa called for laying down a comprehensive system for green financing in which capital market and banking institutions can take part. So, green financing would become a permanent system in lieu of depending on initiatives.
He made the remarks during a session on the role of business institutions in buttressing long-term plans of Arab states. The session was held within the framework of the Arab Sustainable Development Week which was held in Cairo under the auspices of President Abdel Fattah El Sisi.
Eissa underlined the importance of qualifying Arab capital markets to deal with global warming in addition to spearheading common Arab carbon trading to curb greenhouse gas emissions in line with the Paris Agreement on climate change.
He called for channeling Corporate Social Responsibility (CSR) funds to invest in green bonds.
DCarbon is a pioneer in cooperating with and assisting the public and private sectors, international organizations (IOs) as well as civil society organizations (CSOs) and universities understand and address their impact on sustainable development and climate change. DCarbon was able to expand its network among all stakeholders and is a member of the GRI Gold community as well as a certified training partner to the Global Reporting Initiative (GRI).
The company’s team of experts has been providing consultations and training on sustainable development and climate change throughout Egypt and the Middle East and North Africa (MENA) region, for public and private sectors, international organizations, and CSOs.