Environmental Compliance Office (ECO)
Policy measure

According to the Federation of Egyptian Industries (2002), the Environmental Compliance Office (ECO) was established in 2002 with the help of Danida funding, COWI and the Danish Technological Institute. ECO is a consulting unit which provides environmental services to SMEs that are members of the Federation of Egypt Industries (FEI). Moreover, ECO works to link together members of FEI, the Egyptian Environmental Affairs Agency, donors, R&D organizations and consulting firms. The industrial sectors of primary interest are textiles, food, engineering, metallurgy and chemicals.


One of the aims of ECO is to promote environmental investments by offering soft loans (FEI, 2002).

Implementation

A protocol between the Government of Egypt and the Kingdom of Denmark established the framework for an agreement to allocate funds to implement CP in the industrial sector, to support initiatives against pollution and encourage environmental compliance through the provision of soft loans. The soft loans cover a maximum of EGP 3 million per enterprise and must be repaid over 5 years (FEI, 2002).


The agreement was signed by the Egyptian Environmental Affairs Agency (EEAA), FEI and the National Bank of Egypt (FEI, 2002).

Challenges
No identified challenges.
Outcomes

According to COWI (2011), “just under 50 enterprises [in the five sectors] have received Danida loans to implement cleaner technology and energy efficient solutions. These solutions are show-cases for other companies in their sectors.”

References

FEI (Federation of Egyptian Industries), 2002. Environmental Compliance Office. Available at: www.eco-fei.org/Articles/ECO%20brochure.pdf.


COWI, 2011. SMEs Improve Environmental Performance in Egypt. Available at: www.cowi.com/menu/project/WaterandEnvironment/Healthsafetyandenvironment/Pages/SMEsImproveEnvironmentalPerformanceInEgypt.aspx.