Egypt announced on Monday it will launch the region's first CLIMATECH Challenge at the seventh edition of the Egypt Energy Show (EGYPES), taking place in Cairo from 19-21 February 2024. Egyptian Ministry of Petroleum and Mineral Resources' move demonstrates a firm commitment to the country's nationally determined contributions and its ambitious target of reducing greenhouse gas emissions by 65 percent by 2030. The CLIMATECH Challenge will serve as a global platform for start-ups to present their technological solutions and business models before a panel of influential selection committee members. It is set to spotlight pioneering start-ups with cutting-edge solutions to expedite the energy transition and amplify the role of undiscovered energy innovators in advancing global net-zero targets. Featuring a rich programme of keynote speeches, motivational talks, and panel discussions, the CLIMATECH Challenge is set to gather global energy industry visionaries, investors, change-makers, and emerging start-ups to showcase their critical innovations and groundbreaking climate technologies. "Through the EGYPES 2024 CLIMATECH Challenge, we aspire to amplify the role of undiscovered energy innovators and shine the spotlight on their contributions in our shared journey towards a more sustainable, net-zero future." Egyptian Ministry of Petroleum Tarek El Molla said. "Egypt is accelerating its energy diversification and decarbonisation endeavours in line with Egypt Vision 2030. The world is currently witnessing unparalleled innovation paving the way for a low-carbon future, and we believe start-ups are the trailblazers leading this charge." Entries from start-ups worldwide are welcomed, serving the energy transition with modern technologies that are addressing climate change and supporting the shift to clean and sustainable energy sources, including but not limited to decarbonisation, CCUS, hydrogen, circular economy, energy storage and energy efficiency. The application deadline is Friday, November 24, 2023. For more information about the CLIMATECH Challenge or to submit your entry as a participating start-up, please visit www.egypes.com/climatech-challenge
