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#coral reef

Egyptian Minister of Environment Yasmine Fouad oversaw the signing of an agreement to launch the USD 14.25 million (EGP 691 million) Egyptian Red Sea Initiative (ERSI) on Tuesday, in partnership with the United Nations Development Programme (UNDP), the Global Fund for Coral Reefs (GFCR), and the United States Agency for International Development (USAID). The signing ceremony was attended by Dr. Ali Abu Sunna,CEO of the Environmental Affairs Agency, Mr. Alessandro Fracasetti, UNDP Resident Representative in Egypt, Ambassador Hamdi Shaaban, Director…