Green investing: Good deal and good deed
China’s example of green investing offers insights into ways forward for Egypt
By Deborah Lehr, as featured on Ahram Online
Investing in green turns out to be a good deal as well as a good deed. China, which has now become one of the world’s largest markets for green finance, is showing how investing in sustainability is not only important for saving the earth but can bring about excellent returns for the investor.
As Egypt seeks to “clean and green” the country while promoting economic growth, China’s example offers some insight into a path forward for Egypt.
Chinese President Xi Jinping has launched an extensive green finance initiative as a key economic priority. The intent is to use market mechanisms combined with government policy and some government financing to promote green economic growth.