Memo

COP27 to boost Egypt’s green energy ambitions 

To:

Al-Monitor Pro Members

From:

Marc Español 

Freelance journalist covering Egypt and Sudan 

Date:

Nov. 10, 2022

Bottom Line:

Building on a privileged geographic position, Egypt has been pushing for years to develop its clean energy industry to meet its ambitious sustainable development goals and become a regional energy hub. However, the country has struggled mainly due to a lack of funds. In this context, COP27 presents an unprecedented opportunity to secure international funding and turn some of the many projects in the pipeline into binding agreements.

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