Egypt is advancing significant steps to diversify its energy mix, aiming for a 42% share of clean electricity by 2030.
This clean energy target was underscored by Egypt’s Minister of Local Development and Acting Minister of Environment Manal Awad during the Conference of Parties 30 (COP30) Leaders’ Roundtable on Energy Transition held in Brazil.
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Awad highlighted Egypt’s progress in developing solar, wind, and green hydrogen projects, along with investments in energy efficiency, infrastructure upgrades, and green ammonia.
Together, these initiatives reportedly form the core pillars of Egypt’s strategy for a low-emission energy future.
Speaking at the roundtable, chaired by Brazil’s President Lula da Silva and attended by heads of state and ministers from several countries, Awad emphasised the importance of accelerating the global energy transition.
She stated that the transition is vital for sustainable development, energy security, and fulfilling commitments under the Paris Agreement.
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By GlobalDataAwad highlighted the hurdles Egypt faces in this transition, including the high cost estimated at $250bn by 2050.
She also noted the limited access to concessional climate finance, which she said disproportionately affects developing countries.
In her remarks, Awad called for an equitable energy transition, stressing the need for technology transfer, capacity building, and fair international partnerships.
The session addressed the expansion of sustainable fuel use, the strengthening of grids and storage, and tackling energy poverty.
The discussion underscored the critical role of the energy sector in global climate action.
Awad also reaffirmed Egypt’s commitment to an energy transition that promotes fairness, opportunity, and sustainable development for all nations.
