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Egypt’s President El-Sisi Holds Talk On Energy Transition

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Abdel Fattah El-Sisi, President of Egypt wants to continue consultations with the American side on climate change issues during the coming period within the framework of the partnership between Egypt and the United States.

He was in a meeting with US Presidential Envoy for Climate John Kerry. Egypt will host COP27 this year in November in Sharm El-Sheikh.

He added, “Egypt will take into account the priorities and positions of all parties, in order to ensure that the summit produces positive results in the interest of supporting international climate action with all its components, especially with regard to reducing emissions and adapting to the negative effects of climate change, and mobilizing climate finance for developing countries.”

Egyptian Presidential Spokesman Bassam Rady said, “El-Sisi welcomed the visit of the US envoy to Egypt, and held the first meeting of the Egyptian-American working group on climate change during it, as one of the results of the last round of the strategic dialogue between Egypt and the US.”

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Kerry affirmed, “the confidence of the American side in Egypt’s leadership of the upcoming climate summit, and their keenness to enhance joint cooperation between the two countries in this framework, in order to advance international efforts to confront climate change.”

The US envoy also lauded President El-Sisi’s seriousness in addressing international climate action and a green transition, something that is highly regarded by the international community.

Kerry stressed the relevance of developing countries to take climate action. Both the countries will work together and the USA will help Egypt to transform into an energy center with the help of solar and wind energy.

“Egypt has taken effective steps to create a conducive climate for investments in these areas, whether by issuing and amending the required laws and legislation or by providing innovative financing mechanisms for green projects such as the green bonds that Egypt recently introduced,” he said.

The US is funding Egypt to transition and use solar energy as the country is highly dependent on fossil fuels.

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