Pollution abatement strategies in Egypt

Honorata Fijalka
June 2017

Current shortcomings in environmental abatement lending in Egypt are lack of standards, laws and regulations that support the “polluter pays” principle and no incentives for enterprises to comply with existing regulatory in the field of environmental regulatory. The banking community therefor did not show any interest in developing credit lines dedicated to pollution abatement. The awareness rising has not yet reached levels to assure that the public opinion calls for cleaner production in the industry and SMEs. Lack of best-practices case studies keep the current Programme’s (EPAP II) pipeline yet not at its maximum potential in the industrial sector.

The differentiator of the EIB/AFD credit line is that the loan product addresses abatement of pollution in industries and industrial sites, which account for the lion’s share in air and water pollution in Egypt, such as cement, fertilizers, chemicals, food and beverages, with enormous pollution. The regulatory improving Components of the Programme introduce environmental inspection and monitoring criteria and the verification mechanism can work and increase the barriers to pollute. In addition, this EIB/AFD package of finance for economically viable enterprises, supported with the grant component provided by the KfW, and focused technical assistance bring higher standards to the Egyptian bank finance portfolio connected to fresh liquidity of more than EUR 120 million in funds. In addition, EIB goes into the market as manager of EUR 25.4 million in German Governments and EU funds, who is able to capitalize and call upon local EU Commission Delegation’s and German Government’s work and strategy in Egypt, notably in facilitating better regulatory infrastructure for cleaner production

Concordiste helped GIZ by setting up a bid-strategy, developing the sales pitch and presenting the GIZ unique selling proposition as a potential Consultant to the Government of Egypt in a visually appealing technical proposal.

February 2017
Evaluation: IFC Balkan Renewable Energy Program
Honorata Fijalka
IFC entrusted Honorata Fijalka with the post-completion evaluation of the Balkan Renewable Energy Program (BREP) and its sub-programs in the area of small-scale water financing in Albania, Bosnia and Macedonia.
October 2016
Lebanon Energy Efficiency and Renewable Energy Finance Facility
Honorata Fijaka
German Corporation for International Cooperation GmbH (GIZ) entrusted Concordiste with the setup of the technical proposal for the Lebanon Energy Efficiency and Renewable Energy Finance Facility.
Interested in a talk?

We share our latest thinking, experience and insights during conferences and public talks.

Data Protection:

Concordiste Strategic Consulting e.U. respects all applicable data protection laws and regulations when gathering, using or processing personal data. If any of our online offerings include the option of entering personal data such as e-mail address, name or postal address, entering this information is voluntary. Any personal data you choose to share will be used only by Concordiste Strategic Consulting e.U. to respond to your query, process your order or provide you with access to certain information.

Upon written request we will inform you of your personal data we have stored. You have the right to have these data corrected, deleted or blocked at any time.