Egypt’s financial regulator joins Network for Greening Financial System
Published 15 Dec,2020 via Daily News Egypt - The Financial Regulatory Authority (FRA) has joined the Network of Central Banks and Supervisors for Greening the Financial System (NGFS), a step towards enhancing the Egyptian economy as a green investment destination. It also reflects the international community’s recognition of Egypt’s efforts in the field of sustainable development.
The NGFS, launched at the Paris One Planet Summit in December 2017, is a group of Central Banks and Supervisors willing, on a voluntary basis, to share best practices and contribute to the development of environment.
On this occasion, Mohamed Omran, Chairperson of the FRA, reviewed the developments witnessed in the non-banking financial sector over the past two years to introduce green financial tools into the national economy.
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