Egypt, Policy and Regulation

Egypt’s financial regulator to launch VCM supervisory body

COP27 Sharm El-Sheikh
The formation of the supervisory committee is part of a wider push to develop Egypt’s carbon market that was announced at COP27 in Sharm El-Sheikh last November (Photo: Joseph Eid/Getty Images)

A voluntary carbon market committee is to be created as Egypt aims to establish itself as the go-to destination for carbon credit trading in Africa.

Egypt’s Financial Regulation Authority is creating a new body to oversee the country’s voluntary carbon market. The move, announced on April 13, will ...

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