Egypt gets World Bank recognition for fairer market reforms    Foreign investors flock to Aramco shares    Botas, Gazprom plan natural gas hub in Turkey    China, Pakistan forge mining co-operation pact    Colombia's Petro: No coal exports to Israel until Gaza 'genocide' ends    No Model Y 'refresh' is coming out this year – CEO    Environment Minister discusses private sector's role in advancing Egypt's industrial environmental integration    CEC submits six proposals to Prime Minister for economic enhancement    Egypt's Labour Minister concludes ILO Conference with meeting with Director-General    KOICA, EAPD partner to foster sustainable development in Africa    Egypt's largest puzzle assembled by 80 children at Al-Nas Hospital    Egypt to host 1st New Development Bank seminar outside founding BRICS nations    Egypt's Al-Sisi, Azerbaijan's Aliyev advocate for ceasefire in Gaza    BRICS Skate Cup: Skateboarders from Egypt, 22 nations gather in Russia    Pharaohs Edge Out Burkina Faso in World Cup qualifiers Thriller    China-Egypt relationship remains strong, enduring: Chinese ambassador    Egypt, Namibia foster health sector cooperation    Egypt's EDA, Zambia sign collaboration pact    Madinaty Sports Club hosts successful 4th Qadya MMA Championship    Amwal Al Ghad Awards 2024 announces Entrepreneurs of the Year    Egyptian President asks Madbouly to form new government, outlines priorities    Egypt's President assigns Madbouly to form new government    Egypt and Tanzania discuss water cooperation    Grand Egyptian Museum opening: Madbouly reviews final preparations    Madinaty's inaugural Skydiving event boosts sports tourism appeal    Tunisia's President Saied reshuffles cabinet amidst political tension    Instagram Celebrates African Women in 'Made by Africa, Loved by the World' 2024 Campaign    Egypt to build 58 hospitals by '25    Swiss freeze on Russian assets dwindles to $6.36b in '23    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt produces only 0.6% of world's CO2 emissions – minister
Published in Amwal Al Ghad on 16 - 02 - 2022

Egypt produces only 0.6 percent of the world's carbon dioxide (CO2) emissions, the road to net zero requires increased collaboration between the environment and energy sectors, its environment Yasmine Fouad said at EGYPS conference on Tuesday.
Taking at the fifth edition of the Egypt Petroleum Show (EGYPS), Minister Fouad said the challenge is to "keep the balance between the transformative and speedy development and the environment and conservation of natural resources,"
Supporting the clean energy transition in North Africa and the Mediterranean region is one of the key topics of discussion at EGYPS exhibition and conference as Egypt prepares to host Cop27 in Sharm El Sheikh next November.
Adopted in 2015, Paris Climate Change Agreement is signed by about 200 countries including Egypt, sets out ambitious goals to try to curb global warming to 1.5°C above pre-industrial levels.
At the opening of EGYPS, Egyptian President Abdel Fattah al-Sisi said providing poor African nations with the financial support needed during the clean energy transition should be the top priority at Cop27.
A pledge by rich nations to commit $100 billion a year to developing nations to help them adapt to climate change has not yet been met.
The top CO2-emitting countries worldwide are China, the US, India, Russia and Japan.
Africa is responsible for less than 2 percent of global emissions, despite being the second-most populous continent, said Fatih Birol, executive director of the International Energy Agency (IEA) at EGYPS.
"We have to make sure that Africa doesn't shoulder a heavy burden in transitioning to clean energy," Birol added.
In Egypt, the energy sector, including electricity, transit and oil and gas, makes up 65 percent of the country's emissions, Minister Fouad said.
Oil and gas make up only 3 percent, she added.
To solve the challenge of lowering emissions, the Egyptian minister said climate finance, the inclusion of the private sector, the use of green technologies in developing countries, and a national capacity-building programme to train and grow human capital is also necessary.
"If we have the financing and we have the technologies, but we don't have the human resources who are able to manufacture, operationalise and maintain those technologies, we would not be closing that circle," she said.
The relationship between the energy and environment sectors in Egypt has evolved in recent years to one of tension to one of co-operation, where now the "carrot is used more than the stick,"
Minister Fouad referred to several success stories that involved a joint effort between the Egyptian Ministry of Environment and Ministry of Petroleum.
For example, she said that 11 out of 13 petroleum companies in the Gulf of Suez have enacted environmental sanitation plans that include the establishment of industrial wastewater treatment plants at a total cost of 7 billion Egyptian pounds ($444.4 million). The remaining two companies will complete the projects by the end of the current year.
Oil and gas companies are connected to the national network for industrial air quality "so we are able to track their emissions minute-by-minute", Minister Fouad added.
In the energy sector, solar and wind power have been further developed over the past seven years.
Refuse-derived fuel, a fuel produced from various types of waste, is now being used as an alternative in cement plants.
There are ways to "give a win-win to both the development and the environment", the minister added.


Clic here to read the story from its source.