Climate Action
Localizing climate action in Egypt: A novel model for development finance
Effective climate action must be carried out on the local level. In Egypt, a government initiative is mobilizing local climate financing. Here's how.
Rania Al-Mashat
Minister of Planning, Economic Development and International Cooperation of Egypt. Former Minister of Tourism of Egypt. Former: Adviser to the Chief Economist, International Monetary Fund (IMF), Washington DC. Specialized in central banking issues, including designing monetary policy frameworks, defining financial stability and macro-prudential tools, and led country mission teams on these issues. Has contributed chapters to the IMF’s “Advancing the Frontiers of Monetary Policy” (2018). Former: Sub-Governor for Monetary Policy, Central Bank of Egypt (CBE); Senior Economist, IMF; Deputy Project Director, Institutional Reform and Informal Sector Center, University of Maryland and Adjunct Professor of Economics, American University in Cairo. Former Member, Board, Arab Investment Bank. Member, Board: Egyptian Stock Exchange; General Authority for Free Zones and Investment; Arab International Bank; Middle East Economic Association; Dean's Strategic Advisory Board, School of Business, American University in Cairo. Research Fellow, Economic Research Forum for Arab countries, Iran and Turkey; Lecturer, Egyptian Banking Institute. Young Global Leader, World Economic Forum. Recipient of awards, including: Economic Leaders for Tomorrow in Africa, Institut Choiseul (2014, 2015); International Visitor Leadership Program, Government of France (2013); Distinguished Alumni Award, School of Business, AUC (2013). Named among most powerful women in Egyptian Banking Sector (2014). PhD and MA in Economics, University of Maryland, USA.
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