Back to the complete issue
Tuesday, 31 October 2023

Egypt and IEA partner on a joint action program to accelerate energy transition

Egypt partners with IEA on green transition: Egypt's Ministry of Petroleum and Mineral Resources signed an agreement with the International Energy Agency (IEA) to establish a joint action program aimed at accelerating renewable energy projects and emissions reduction, according to a statement. No timeline was provided for the launch of the program.

The details: The agreement covers six main areas of collaboration including the preparation of modules and decarbonization programs, expanding the production of renewable energy and hydrogen, reducing emissions, supporting statistical data analysis capabilities and the sustainability of the energy sector's data provision, and studying the effect of climate change on the energy sector, the statement notes. Training and capability building programs will also be covered by the program.

Enterprise Climate is available without charge thanks to the generous support of HSBC (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; and Infinity Power (tax ID: 305-170-682), the leading generator and distributor of renewable energy in Africa and the Middle East. Enterprise Climate is delivered Mon-Thurs before 4 am UAE time. Were you forwarded this copy? Sign up for your own delivery at climate.enterprise.press. Contact us on climate@enterprisemea.com.