The British Embassy in Cairo has officially launched the “Green Growth” campaign, a high-impact initiative aimed at accelerating climate cooperation and unlocking sustainable economic potential between the United Kingdom and Egypt. The campaign was inaugurated in the presence of Egypt’s Minister of Investment, Engineer Hassan El-Khatib, alongside senior officials from the Financial Regulatory Authority, the General Authority for Investment, the Federation of Egyptian Industries, and the Ministries of Finance and International Cooperation.
Running through to COP30 in November 2025, the campaign sets out three core objectives:
- Reinforcing Egypt’s leadership on global climate action
- Opening new trade and investment partnerships with UK businesses
- Deepening cooperation on Egypt’s green transition
The UK seeks to support Egypt’s pivotal role in the global shift towards green energy. Through joint expertise, the partnership aims to help achieve both Egypt’s national climate goals and broader international targets. This collaboration has already seen Egypt engaged in major UK-hosted summits, including the IEA’s Future of Energy Security forum, and will intensify in the lead-up to COP30.
The UK also plans to support Egypt’s green policy frameworks by sharing its world-leading experience in regulatory reforms, carbon markets, network management, and sectoral capacity building. Technical cooperation will further extend to food security and water resilience, enabling Egypt to better adapt to the consequences of climate change.
On the trade and investment front, both countries have set an ambitious goal of securing $500 million in green investments over the next six months. The UK government and private sector have already invested more than $1 billion in Egypt’s renewable energy sector, recognizing the country’s vast potential.
As part of this green investment drive, the British International Investment (BII)—the UK’s development finance institution—announced a total of $305 million in new support for renewable energy projects in Egypt.
On June 16, BII confirmed its participation in building Africa’s largest onshore wind farm, a 1.1 GW project in Egypt’s Suez region. The institution will contribute nearly $190 million to the project, which is backed by a global alliance of development lenders. The wind farm is expected to significantly reduce Egypt’s reliance on natural gas, aligning with its green energy transition.
Just a day earlier, BII also pledged $115 million as part of a $479 million funding package for Obelisk Solar Power, aimed at developing Egypt’s first utility-scale solar + battery storage plant. Located in Nag Hammadi, the project will deliver 1.1 GW of photovoltaic energy with 200 MWh of storage capacity and is set to begin operations in 2026.
British Ambassador to Egypt Gareth Bayley stated:
“The Green Growth campaign reflects our shared ambition to lead on climate action, drive sustainable investment, and build a greener, more resilient future. It not only strengthens UK-Egypt climate goals but also creates new opportunities for innovation, cooperation, and prosperity.”
Sherine Shahdy, BII’s Egypt Country Director, added:
“Investments in the Obelisk and Suez projects are pivotal steps toward clean energy in Egypt. These projects will not only generate power but stimulate economic growth, create jobs, and deliver reliable energy for communities. BII is proud to be leading this transformational shift.”
The campaign builds on the strong climate ties established during COP26 in Glasgow and COP27 in Sharm El-Sheikh, which marked a turning point in UK-Egypt climate diplomacy. Since then, the UK has committed over $250 million to Egypt across technical and financial assistance programs, infrastructure development, and multilateral advocacy.
The Green Growth campaign marks a new chapter in this partnership—translating shared ambition into measurable progress.
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