EEPP Program Support Unit 

EPF Operating Manual   General Principles 

3.  STRATEGY AND OBJECTIVES 

Goals of the Fund 

The EPF has a two fold focus: 

To be an instrument of the National Environmental Policy of Egypt, the latter setting the 

goal to achieve sustainable development through the balancing of economic, social, and 

environmental challenges.  This is reflected in the mission of the Ministry of State for 

Environmental Affairs and EEAA's strategic objective to incorporate the environmental 

dimension in all national policies, plans, programs, and projects with an immediate focus 

on the reduction of pollution rates to mitigate health hazards, and the protection of natural 

resources, biodiversity, and the historical and cultural heritage, within the framework of 

sustainable development.  The National Environmental Action Plan (NEAP) translates 

this vision into environmental objectives and targets that reflect current environmental 

and developmental conditions, the existing institutional framework, and environmental 

priorities that need immediate action.  The National Environmental Action Plan provides 

the context within which the EPF seeks to achieve its objectives.   

To be a new financial instrument that provides strategic stimuli and financial support for 

environmental protection initiatives during the transitional phase of the economy until 

prevailing financing instruments and mechanisms reach maturity.   The EPF will leverage 

the resources of polluters, capital markets, investors, and donors to ensure that the most 

effective environmental investments are achieved both in terms of environmental and 

economic benefits.  

The specific objectives of the EPF are: 

Support of environmental activities and regions that are insufficiently funded by other 

resources 

Focused support for projects featuring pollution prevention and cleaner production 

measures involving changes in management, processes or inputs as opposed to  end of 

pipe  technology based alternatives 

Proactive approach to project identification to improve the quality of environmental 

investments, realized primarily through competitions and geographically and 

institutionally focused programs 

Support for the transfer of modern and innovative environmental technologies for 

development and introduction on the Egyptian Market, thus adding a demonstration value 

to the projects 

Support projects that yield significant environmental benefits 

Generate and mobilize financial resources from various sources to finance environmental 

initiatives and advocate participation and partnerships among the various sectors of civic 

society in environmental protection and development.  

Provide consistent and ongoing financial support for the internal capacity building and 

infrastructure needs of the Egyptian Environmental Affairs Agency in its efforts to fulfill 

its legislative responsibilities as defined by Law 4/1994.  

EEPP PSU 

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INTERNATIONAL RESOURCES GROUP