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Egypt, Denmark ink agreement on green transformation, renewable energy

Egypt’s Ministries of International Cooperation and Electricity have inked the Egyptian-Danish Energy Partnership Program (2019-2022) agreement with the Energy Agency of the Danish Ministry of Climate, Energy and Utilities to drive forward Egypt’s green transformation and invest in renewable energy.

The settlement was signed by Minister of International Cooperation Rania Al-Mashat and Minister of Electricity and Renewable Energy Mohamed Shaker.

Minister Shaker stated that his ministry will pursue to form a joint committee with the Danish side, which will function as a forum for wide-ranging strategic dialogue between Egypt and Denmark to talk over cooperation in the energy field, and make decisions on the strategic cooperation program concerning the two countries.

He highlighted that the agreement supports the state’s proficiencies to speed up the pace of Egypt’s green transformation by increasing plans to guarantee access to affordable clean energy and applying wind energy projects, referring to Egypt’s energy strategy until 2035, which strive to increase the share of renewable energy to more than 42%.

Svend Olling, Danish Ambassador to Egypt stated that the agreement targets to meet the growing challenges in the field of energy and the environment. He noted that Denmark is a prominent global partner in the field of renewable energy and green transformation and he looks onward to working with Egypt under the agreement to upkeep the country’s green transition.

Cooperation between the governments of Egypt and Denmark dates back to 1969, amounting to about $560 million in numerous different fields, along side new and renewable energy, water and sanitation, environment, culture and housing, according the Ministry of International Cooperation.

Source : www.skdf.com
Posted On: 9/3/2020 12:00:00 AM

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