Egypt is taking steps toward diversifying its energy mix, aiming for 42 per cent clean electricity by 2030, asserted Minister of Local Development and Acting Minister of Environment Manal Awad.
She highlighted
Egypt’s leading projects in solar, wind, and green hydrogen—along with
investments in energy efficiency, infrastructure upgrades, and green ammonia—as
key pillars of a low-emission energy future.
This came during
Awad's participation in the COP30 Leaders’ Roundtable on Energy Transition in
Brazil, chaired by Brazilian President Lula da Silva and attended by heads of
state and ministers from several countries.
She stressed that the
global energy transition is essential for sustainable development, energy
security, and fulfilling commitments under the Paris Agreement.
She noted that Egypt
faces challenges, including the high cost of transition, estimated at $250
billion by 2050, and limited access to concessional climate finance, which
affects developing countries disproportionately.
Awad called for an
equitable and just energy transition, emphasising technology transfer, capacity
building, and fair international partnerships to ensure no country is left
behind.
The session focused on
expanding sustainable fuel use, strengthening grids and storage and addressing
energy poverty, highlighting the critical role of the energy sector in global
climate action.
Minister Awad
reaffirmed Egypt’s commitment to ensuring that the energy transition promotes
fairness, opportunity and sustainable development for all nations. -OGN/TradeArabia News Service