A report issued by the the European Bank for Reconstruction and Development (EBRD) said the Egypt cement industry can reduce carbon dioxide emissions by 2030.

The report titled "roadmap for policies of Egyptian cement industry with low emissions" was prepared by the EBRD in cooperation with the Egyptian Ministry of Trade and Industry and Egyptian environment agency.

The report recommended the use the most advanced technology in the cement industry to overcome emission problems by 2030.

Months ago, the Egyptian Environment Minister met with the EBRD mission for talks over preserving the environment and facing climate change.

The minister, in his capacity as head of the African environment ministers conference, urged the bank to boost the implementation of the African Initiative for Renewable Energy, that was launched on the sidelines of the Climate Change Summit in Paris.

EBRD Country Manager for Egypt Philip ter Woort said the bank decided to allocate 40 per cent of its annual budget to green technologies as part of efforts to lower dioxide emissions.

The EBRD representatives expounded initial results of the study they are conducting on the low-carbon future of the cement industry in Egypt.