PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

605151

Primary Business Area

Manufacturing, Agribusiness & Services

Disclosure Date

Nov 24, 2021

Country

Egypt, Arab Republic of

Region

Africa

IFC Approval Date

Dec 23, 2020

Status

Active

Estimated Total Budget

Estimated Total Budget Pending
(Project budget includes all project-funded activities)

Last Updated Date

Sep 30, 2022

Project Estimated Start Date

Nov 30, 2020

Project Estimated End Date

Oct 31, 2024

Project Description

The project will advise private sector manufacturing companies in Egypt on the adoption of resource efficiency (REF) solutions or circular economy practices. This tailored advice includes the adoption of solutions to reduce energy and water use leading to better efficiency and productivity of resources; improved wastewater treatment; and/or recycling. Through the application of REF principles, renewable energy and circular economy interventions by lead firms/sector leaders, a “good practice” base is intended to be created to allow for demonstration effect and potential replication by other, companies not benefiting from the firm-level work. In this regard, the project intends to implement market-wide awareness raising and knowledge dissemination activities to share knowledge on tools, best practices and lessons learned under this project and/or other REF projects globally when applicable.

Development Results

E&S Risks / Impacts and Mitigation