Yasmine Fouad, Egypt’s environment minister, stated on Sunday that the country’s energy industry is gradually changing to reduce greenhouse gas emissions.
She said that the nation also sought to be at the top of the list of nations making efforts to develop and activate green hydrogen technology as a source of energy.
The country aspires to rely on new and renewable energies by 42 percent by 2035.
The National Climate Change Strategy 2050’s initial funding package has been prepared by the Environment Ministry in collaboration with other pertinent ministries of power, energy, agriculture, water resources, irrigation, housing, and urban communities, the project package wants to concentrate on the energy, food, and water sectors.
According to the environment minister, this was developed on the grounds that energy is the foundation of life and that increasing the use of new and renewable energy in the agricultural sector will help produce food, particularly considering the rise in food costs globally.
This package, according to Fouad, offers a variety of financing options, including grants, soft loans, technical help, and private sector investments. As a result of numerous research connecting the concepts of energy, food, and water—a concept known as the energy, food, and water nexus—this package also permits the transfer from theory to application on the ground.
For 200 plant species of cereals, oils, fodder, etc., Egypt’s national agricultural projects include the creation of genetic structures and climate-compatible variants.
According to Fouad, among other projects targeted at adjusting to the effects of climate change, these projects include developing water-use efficiency systems in agricultural production and the sustainable extension of reclaimed areas to make up for losses in the delta.