World Bank Group’s Country Climate and Development Report (CCDR) Launched with the Government of Egypt

The report highlights that an ongoing commitment to climate action can transform these risks into opportunities and help Egypt to achieve its climate and development goals together. The report identifies policy actions and investment opportunities that, if implemented within five years, could make the use and allocation of natural resources more efficient, reduce the impacts of climate change on people and businesses,and enhance Egypt’s competitiveness in global markets.

“Our CCDRs are shifting the discussion from distant impacts into immediate and actionable recommendations for decision makers today. The recommendations in this report are designed to build the foundation for a low-carbon growth model for Egypt with greater competitiveness in the global scene and reduced vulnerabilities of the people and the economy to climate shocks,” said David Malpass, World Bank Group President.