Minister of Environment Yasmine Fouad stressed the importance of the Capital Law, which aims to develop regulatory and supervisory rules and standards in the field of the capital market in a way that is compatible with international rules and standards on the one hand, and benefits from economic growth in all sectors on the other hand.
She noted that the carbon certificate is one of the innovative financing mechanisms to address negative effects of climate change.
This came during her participation at the meeting of the Economic Affairs Committee in the House of Representatives, headed by MP Dr. Mohamed Suleiman to discuss the draft law submitted by Dr. Ghada Ali and others to amend some provisions of the Capital Law issued by Law No. 95 of 1992.
Source: State Information Service Egypt