• | 5:00 pm

Egypt wants to expand renewable energy by 42%

Egypt also unveiled its Integrated Sustainable Energy Strategy 2035

Egypt wants to expand renewable energy by 42%
[Source photo: Venkat Reddy/Fast Company Middle East]

The Middle East has enormous potential for developing renewable energy. The region’s high levels of sunshine is ideal for large-scale solar energy production, and, according to estimates, has over 65% of the world’s hydrocarbon reserves.

During a roundtable on Progress Shaping an Africa-Led Just Energy Transition, the Minister of International Cooperation, Rania El-Mashat, said Egypt expects to expand renewable energy by 42% in 2035 as a result of many steps taken to achieve this goal.

In addition to the National Climate Change Strategy 2050, which directs efforts at adaptation and mitigation, the nation also unveiled its Integrated Sustainable Energy Strategy 2035.

The country also presented its nationally determined contributions (NDCs) and low-emission economic growth while enhancing resilience to climate change and advancing the continent’s green agenda per the UN Climate Change Conference (COP27), El-Mashat added.

Ministers from other African nations, such as Nigeria, Rwanda, and Senegal, attended the event organized by Sustainable Energy for All (SEforALL) as part of the United Nations General Assembly (UNGA 77) in New York.

El-Mashat stated that Egypt is moving quickly to implement the renewable development goals, particularly those that deal with climate change and sustainable energy.

On the potential of renewable energy, the second iteration of the Egypt-International Cooperation Forum (Egypt-ICF) was also organized earlier in September by the Ministry of International Cooperation of Egypt, the Ministries of Foreign Affairs, Finance, and Environment, as well as the United Nations Economic Commission for Africa. It featured approximately 20 discussion sessions, seminars, and roundtables, with participation from over 23 African states.

Most Innovative Companies comes to the Middle East this October! Click here to know more.

More Top Stories:

FROM OUR PARTNERS