Green transport projects, including the metro and the high-speed electric train, accounted for 71.5 percent of total green public investments.
They were followed by investments under the Decent Life initiative, which accounted for 10.5 percent and included the construction and upgrading of wastewater treatment plants, canal rehabilitation and lining, and the construction and upgrading of drinking water treatment plants.
Expanding public investment in environmentally friendly projects is part of the government's efforts to support the transition to a green economy under the National Strategy for Climate Change.
The government has also been diversifying the use of renewable and alternative energy sources and increasing the capacity of several sectors to adapt to the effects of climate change.
Under its 2024–2030 economic strategy, Egypt aims to raise green investments to 75 percent of total investment by 2030 and increase the green economy's share of GDP to at least five percent.
Meanwhile, sustainable urban development projects, including coastal and beach protection and development, accounted for eight percent of green investments, while environmental improvement projects made up 4.5 percent.
Agriculture and irrigation projects, including soil improvement and the development of field irrigation, accounted for three percent, while the clean energy and telecommunications sectors represented 1.5 percent of the total.
The investments were divided between climate mitigation projects, which accounted for 87 percent, and climate adaptation projects, which made up 13 percent.
For FY2026/2027, the government has set a target of increasing green investments to around 60 percent of total public investments, up from 15 percent in FY2020/2021, according to Planning Minister Ahmed Rostom.
The ministry said it will continue integrating environmental sustainability standards into all stages of preparing and implementing development plans, as well as monitoring the state's investment plan, to support economic growth and strengthen Egypt's climate action at the regional and international levels.
In FY2022/2023, green public investments accounted for 40 percent of the country's total public investments, with a value of EGP 410 billion.
Egypt has also secured financing from several international institutions, including the European Investment Bank and the World Bank, to support public projects in renewable energy and other sectors of the economy.
The International Monetary Fund (IMF) projects that climate mitigation investments will account for 12 percent of total investments in emerging markets and developing economies by 2030, up from 3 percent in 2023.
Rising green investments are also expected to improve Egypt's standing in the IMF's Climate-Public Investment Management Assessment (C-PIMA), a diagnostic tool that helps governments integrate climate change into public infrastructure planning and budgeting.
This progress aligns with Egypt's commitments under the IMF's Resilience and Sustainability Facility (RSF), which is expected to provide about $136 million in financing upon approval to support climate-related reforms and the integration of sustainability into public investment planning.
In its last staff-level agreement, the IMF said Egypt has integrated climate considerations into public investment planning, strengthened its climate risk analysis in fiscal policy, attracted private climate finance, and improved water resource management and emissions reduction frameworks.
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