EGYPTIAN POLLUTION ABATEMENT (EPAP) III

signed

The Environmental Pollution Abatement Programme (EPAP) fosters sustainable development in Egypt by addressing industrial pollution sources affecting the environment and human health through a combination of infrastructure investments and tailored technical assistance, supporting implementation and long-term sustainability of depollution solutions (including environmental monitoring and inspection capacity). As such, EPAP III will assist the industry to comply at the least with national environmental regulations. To do so, the programme includes an investment component that addresses point source pollution from industrial pollution as well as diffuse pollution. The investment component is coupled with a set of technical assistance (TA) and institutional support activities to insure the sustainability of the project, aiming at (i) supporting Programme implementation (ii) strengthening the enforcement capacity of the Egyptian Environmental Affairs Agency (EEAA) and iii) helping the banks to become more pro-active in the financing of environmental projects. The credit lines proposed by the EIB/AFD will be intermediated by local commercial banks and will be combined with TA and direct investment grants (NIF/KfW).