Our story 
7 November 2024, Egypt
Connecting finance and climate action with trainings in Egypt
Cool Up’s country partner in Egypt, the Integrated Development Group (IDG), in collaboration with the Ministry of Environment, successfully conducted its second finance sector training on 7 November 2024.
Building on the success of the initial session held on 28 February 2024, this training aimed to deepen participants’ understanding of sustainable cooling practices and highlight the essential link between finance and environmental strategies. By equipping financial stakeholders with this knowledge, Cool Up aims to strengthen sustainable cooling initiatives in Egypt and assess the feasibility of impactful environmental projects.
The event opened with a welcome address by Ezzat Lewis from the National Ozone Unit (NOU) of the Egyptian Environmental Affairs Agency (EEAA), followed by an introduction to the Cool Up programme and a recap of the first training session by Asmaa Ramadan (IDG). The session continued with insightful presentations from Mohamed Abdelhameed from Development Finance Advisers (DFA) and Michal Deuszkiewicz from Frankfurt School of Finance & Management (FS). Participants were introduced to innovative cooling and refrigeration systems that utilize natural refrigerants, highlighting the potential for both environmental and economic benefits. A dedicated segment on financing sustainable cooling projects presented feasibility models and financial structures, emphasizing the crucial role of the banking sector in supporting these technologies.
Photos from the training
If you are a finance professional in the banking sector in one of our partner countries and want to be involved in one of our upcoming trainings, please reach out to us at info@coolupprogramme.org.