![]() ![]() the most significant Climate Change Conference since the 2015 COP21 in Paris that produced the “Paris Agreement,” in which the parties agreed to implement measures to reduce global warming to 1.5 degrees. Climate Change Conference (COP26) held in Glasgow, U.K. ![]() The differing views between Europe and many emerging market nations over how to combat climate change sharpened into a bitter divide at the 2021 U.N. With Europe's support for Egypt's program to become a global leader in the production of green hydrogen and its derivatives like green ammonia, Cairo will continue to exert a central influence on the direction and pace of energy transition in the Middle East and North Africa (MENA) region and beyond.īridging the Political Divide Between Natural Gas and Renewables Brussels’ engagement of Cairo reflects Egypt's leadership in establishing a new paradigm for the role of natural gas development in the effort to combat climate change. The agreement was jointly announced in Cairo by Egypt’s Foreign Minister Sameh Shoukry and European Commission Vice-President Frans Timmermans, the EU's leading official for the European Green Deal, the European Climate Law, and international negotiations on climate change. In the run-up to COP27, Egypt scored an important diplomatic achievement in promoting the simultaneous development of natural gas and renewable energy resources when it signed an agreement with the European Union (EU) on Apto reinforce their cooperation regarding both liquified natural gas (LNG) and renewable energy-produced green hydrogen supplies between Europe and Africa. ![]() In this manner, Egypt will play an important leadership role in brokering a reconciliation between Africa and Europe, which until very recently has discouraged investment in natural gas development. Climate Change Conference (COP27) this November in Sharm el-Sheikh to give greater voice to those nations, particularly key nations in Africa, that seek a larger role for natural gas in the energy transition process. Finding a synergy between natural gas development and green energy transition, Egypt will likely use its position as host of the 2022 U.N. Disproving the dogma that natural gas and renewables are in a zero-sum competition, Egypt is advancing as a leader in renewable energy development while also increasing its offshore natural gas production capacity. Egypt's energy policy is helping to change the terms of the global debate on climate change by demonstrating that there is a basic compatibility between developing domestic natural gas resources and developing renewable energy sources. ![]()
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