📋 Tender Overview
PROJECT DETAILS
Project number:
2020.2240.8
Status:
ongoing project
Responsible Organisational unit:
3600 North Africa
Contact person:
Svenja Brachmann svenja.brachmann@giz.de
Partner countries:
Egypt
SUMMARY
Objectives:
The conditions for innovation in the manufacturing sector have improved
Client:
Federal Ministry for Economic Cooperation and Development
Project partner:
Ministry of Trade and Industry
Financing organisation:
not available
VOLUME OF COMMISSION
Total financial commitment:
(including all previous, current and following project implementation phases, if existing)
23 500 000 Euro
Financial commitment for the actual implementation phase:
11 500 000 Euro
COFINANCING
not available
PREVIOUS PROJECT
2018.2155.2
private sector support and innovation
FOLLOW-ON PROJECT
not available
TERM
Entire project:
(including all previous, current and following project implementation phases, if existing)
22.03.2021 - 31.05.2027
Actual project implementation phase:
01.06.2024 - 31.05.2027
OTHER PARTICIPANTS
ARGE Frankfurt School of Finance &
ARGE INTEGRATION International
FURTHER INFORMATION
Project websites
not available
POLICY MARKERS
Gender Equality
Significant (secondary) policy objective
Democratic and inclusive governance
Significant (secondary) policy objective
Climate Change: Mitigation
Principal (primary) policy objective
CRS CODE
32130 Small and medium-sized enterprises (SME) development
EVALUATION
not available
PROJECT DESCRIPTION (DE)
Context
Egyptian companies face major challenges in keeping up with the growing green economy. Their traditional practices make it difficult for them to comply with new environmental standards. These difficulties are exacerbated by general economic challenges such as Egypt's trade deficit, uncertainties in global markets and geopolitical tensions in the region.
In addition, companies have so far had little access to financing and advisory services that would help them introduce environmentally and climate-friendly innovations. The still underdeveloped start-up ecosystem for climate-related business ideas is also slowing down progress. At the same time, there is an urgent need to promote the participation of women in climate-friendly industries and to offer them opportunities to develop expertise and collaborate with industrial companies.
The project starts right here by supporting both public and private actors to accompany Egyptian companies on their path to greater environmental responsibility and competitiveness.
Objective
Egyptian companies are better equipped to meet environmental and climate-related requirements and drive the transition to a greener economy.
Approach:
- Provide expertise to employees of government institutions and public organizations on industrial sustainability standards and support them in the development of green policies
- Advise financial institutions on how to align t
