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Egypt's FRA Mandates Carbon Emission Disclosure and Offsetting for Non-Banking Financial Firms

CARBON CAPTURECLIMATE POLICY, REGULATION & CARBON MARKETS

Egypt's Financial Regulatory Authority (FRA) has mandated that large non-banking financial firms disclose their carbon emissions and offset 20% by purchasing certified carbon credits. This requirement, established under Decision No. 36 of 2026, applies to companies with issued capital over EGP 100 million and is designed to enhance environmental, social, and governance (ESG) practices.

Firms must prepare annual carbon footprint reports detailing Scope 1 and Scope 2 emissions, verified by accredited bodies. Reports are due by June 2026, with offsets required within 90 days. Compliance is necessary for operating licenses. The decision aims to boost Egypt's regulated voluntary carbon market.

Egypt's FRA Mandates Carbon Emission Disclosure and Offsetting for Non-Banking Financial Firms
Feb 16, 2026, 8:13 AM

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