These standards include a carbon border adjustment mechanism
to ensure that carbon emissions from production processes comply with standards
set by the European Union and the United Kingdom, facilitating the entry of
Egyptian goods and products into foreign markets.
According to the directive, banks will notify the CBE of
their list of exporting clients, a proactive step to enhance banking stability
and avoid any risks associated with the implementation of the carbon border
mechanism in the United Kingdom and European countries.
The move aims to help exporters transition toward producing
environmentally compliant goods, boost export competitiveness, and align with
Egypt’s broader strategy for sustainable economic development.