PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

607534

Primary Business Area

Other

Disclosure Date

May 12, 2024

Country

Egypt, Arab Republic of

Region

Africa

IFC Approval Date

Mar 29, 2023

Status

Active

Estimated Total Budget

$822,500.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 30, 2024

Project Estimated Start Date

Mar 15, 2023

Project Estimated End Date

Jun 30, 2027

Project Description

The Project will conduct different types of activities targeted at the financial sector, primarily the banking sector, including: 1) Train and guide key market stakeholders on good international industry practices on ESG risk management with a view of improving standard setting and developing local ESG training and services; 2) Provide in-depth and customized support to IFC potential and existing investees, through diagnostics and assessments, trainings, and supporting them in the development of ESG policies and guidance on the implementation of ESG practices in alignment with the IFC Performance Standards and Corporate Governance Methodology.

Development Results

E&S Risks / Impacts and Mitigation