Banque Misr has launched “Mashroat Express Platform” (or Express platform for projects) for the first time ...
US contributes at COP27 $4 m grant for US-Egypt fund’s climate research
The US announced during the 27th United Nations Climate Change Conference (COP27) contributing a $4 million grant for climate-focused research to the US-Egypt Science and Technology Joint Fund (STJF).
USAID Mission Director Leslie Reed said “The United States is working with Egypt on the climate crisis. Funding like this–for research and innovation in science and technology–is a crucial component of our efforts to implement the financial, technical, and capacity building aspects of the Paris Agreement.”
The United States has jointly funded bilateral science and technology agreements with only four countries in the world, including Egypt. Together, both governments contribute to the US-Egypt SJTF to advance research and innovations in science and technology.
The United States is cooperating with countries around the world to reach our shared climate goals. To date, the US Government, through USAID, has invested over $300 million (EGP 4.7 billion) to protect Egypt’s natural resources and build resilience to climate change.
Since 1995, through the US-Egypt STJF, the US Government has supported collaboration between American and Egyptian scientists to conduct high-impact scientific research and train the next generation of Egyptian scientists and young entrepreneurs in health, agriculture, energy, and water.