![[Sustainability & the circular economy]: An emerging pre-owned clothes market in Egypt?](https://businessforwardauc.com/wp-content/uploads/2025/02/hanger_fashion_retail_market_thrift-181783-1024x682.jpg)
A quick browse through Cairo’s middle to high end clothes shops across its high streets and shopping malls may leave many with teary eyes looking at the price tags. Good quality clothing from local and international brands are notoriously known for their hefty prices but Egyptian shoppers looking to wear quality brands are left with […]
If you’re one of many people concerned about climate change and its impact on the future, then you’re probably thinking about carbon emissions, and there is a chance you know it’s the largest companies in the world that are responsible for the largest amount of carbon emissions. In fact, just 100 companies are responsible for
With the conclusion of Egypt’s COP27 Summit in Sharm El Sheikh, much has been discussed about the historic deal struck on the ‘loss and damage’ fund, which- when in effect- sees developed nations compensate developing countries $100 billion per year for the damage and economic losses caused by climate change. Hailed as a big win
![[Explained] carbon credit markets](https://businessforwardauc.com/wp-content/uploads/2025/02/pexels-pixabay-459728-1024x683.jpg)
Climate change is the talk of the hour and comes with that the talk about green finance of climate action of and solutions. Carbon credits trading is one of the ways to be largely adopted in the coming years to address the issue of climate change. Only recently, the Egyptian government has launched the first
This year’s climate summit in Sharm El Sheikh has a clear vision of moving the issue of climate change from negotiation to implementation. In his opening remarks, President El Sisi named climate change as one of the world’s existential threats and he demonstrated Egypt’s commitment to ensure that COP27 becomes the moment where words are
COP27 is hosted in Sharm El Sheikh amid the participation of thousands of people, and lots of questions arising about climate change and how it’s linked to many other topics. Ahmed El Sayed, associate professor of economics at the AUC School of Business and director of research at Abdul Latif Jameel Poverty Action Lab (J-PAL)
30-year-old Fatma opens her drawer to find a box full of old, unused gadgets and smartphones that she has no idea what to do with or how to dispose of safely. Fatma is not alone in being uncertain about what to do with old gadgets. Egypt produces almost 90,000 tons of e-waste a year, 58
The hype over the past few years in business and economy circles seems to always go back to ecological footprint and environmental impact. Companies and big corporates are urged to find innovative ways to continue growing without levying a heavy impact on the planet, and this is no easy feat in an industrial world that’s
““My biggest bet for being optimistic is the most important project being undertaken in Egypt, Hayah Karima,” said Mohieldin. “I know our country has had many initiatives to invest in infrastructure, health, new cities and dealing with slums. But this one project is really the hope for Egypt,” remarked Mahmoud Mohieldin, executive director at the
As a partner on the AUC School of Business campaign “This is how I moved my #BusinessForward” on responsible business, the Commercial International Bank (CIB Egypt) models responsible business conduct, sharing their adopted action towards the environment. In this presentation of the CIB Ecological Footprint Report, the CIB shows how the bank is reducing its ‘Carbon
![[Explained] Phasing out coal](https://businessforwardauc.com/wp-content/uploads/2025/02/fg4yzs65-1454606398a.jpg)
The world’s nations recently concluded two weeks of negotiations at the 26th United Nations Climate Change Conference 2021 (COP26) in Glasgow, trying to lash out deals and agreements to reduce greenhouse gas emissions to net zero by 2050. The planet’s average surface temperature has already risen by around 1.18 degrees Celsius since the late 19th
The 26th United Nations Climate Change Conference, also known as COP26, commenced on October 31 in Glasgow, Scotland’s largest city, and has been ongoing throughout the week, continuing to November 12. World leaders and delegates are set to flesh out international deals and agreements to tackle climate change. The summit is being regarded as the
