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Amgad ElmahdiRegional Manager
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News + Stories
![](https://www.greenclimate.fund/sites/default/files/styles/small/public/article/image-shorthand-denim.jpg?itok=xTf1axJp)
Jeans that don’t cost the earth
29 Mar 2024 / In partnership with the European Bank of Reconstruction and Development (EBRD) and the European Union, this USD 1.4 billion (USD 378 million in GCF financing) Green Climate Fund project supports Emessa, a denim producer based in Egypt, pioneering energy-efficient ready-made garments in Egypt. This is achieved by installing a new production line, which has reduced the company’s energy consumption by about 28 per cent and cut its CO2 emissions by 46 tonnes a year. The company also managed to decrease its water consumption by 50 per cent.