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Egypt urges blended finance to unlock private capital for climate action in emerging markets
Summary by Egypt Independent
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Egyptian Gazette
Egypt urges blended finance to unlock private capital for climate action in emerging markets
DAVOS, Switzerland, Jan 21 (MENA) – Egypt’s Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat said on Wednesday that climate finance needs in emerging markets are vast, particularly when aligned with global targets for emissions reduction and climate adaptation, calling on governments to prioritize “blended finance” models to de-risk private investment in green projects.
·Cairo, Egypt
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