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By Nibal Zgheib, Bureau Chief, Northern Africa IFC has announced a partnership with Commercial International Bank (CIB) to support reduced emissions and increased green energy financing in carbon intensive economic sectors in Egypt. Under the partnership, IFC, through its Climate Finance Advisory Program, will support CIB in helping their clients in carbon-intensive sectors, such as oil and gas, transportation, and real estate, reduce their carbon emissions and increase their competitiveness in local and global markets. The project will support Egypt’s transition towards lower-carbon development and help it reach its climate-related...