PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

606407

Primary Business Area

Financial Institutions Group

Disclosure Date

May 12, 2024

Country

Egypt, Arab Republic of

Region

Africa

Status

Active

Estimated Total Budget

$4,048,752.00
(Project budget includes all project-funded activities)

Last Updated Date

May 13, 2024

Project Estimated Start Date

Oct 20, 2021

Project Estimated End Date

Jun 30, 2027

Client Legal Name

Cmrcl Intl Bank

Project Description

The program will achieve its goals through working across the following main four components: 1 - Development of climate thematic bonds and strengthening climate risk management capacity of financial institutions. 2 - Institutional capacity building for Financial Institutions by setting up climate risk mitigation strategies, formulating green strategies, and developing credible pipelines and SEF products. 3 - Aligning the construction materials sector with NDC target implementation by engaging with financial and private sector players enhance the market conditions required to green the manufacturing of construction materials 4 - Knowledge and experience sharing with national/regional/global networks to encourage continuous knowledge sharing and learning of best practices both regionally and globally in climate financing strategies.

Development Results

E&S Risks / Impacts and Mitigation