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EGYPS 2022 DRAWS ROADMAP FOR AFRICA’S ENERGY TRANSITION In a keynote address by Fatih Birol, Executive Director of the International Energy Agency (IEA), Birol referred to the worldwide recognition of Egypt as an important energy player. He delivered what he described as “good news” saying that “in the light of the developments in Egypt, and following the Egyptian government request, I look forward to welcoming Egypt joining the International Energy Agency’s family as an associate member.” He tackled how climate change affects Africa, pointing out that the whole continent produces “only 2% of the global emissions causing climate change.” “Today in Sub-Saharan Africa, only a bit more than 40% of the people, not even half of the people have access to electricity,” Birol stated, explaining that over “900 million [people] in Africa use premature ways of cooking.” This leads to around 500,000 premature deaths annually, especially among women, due to the emissions produced through the use of premature fuels, such as coal, wood, and undeveloped biomass. Continued in page 3 During his inauguration of the fifth anniversary edition of the Egypt Petroleum Show (EGYPS 2022), His Excellency Egyptian President Abdel Fatah El Sisi urged developed countries to provide economic support for Africa’s energy transition and to extend the transitional period for the achievement of its renewable energy objectives. El Sisi pointed out that Africa is running behind in its energy transition due to historical reasons. “The cost of fulfilling renewable energy commitments to address climate change is substantial. African countries [cannot afford such a cost].” He called for the decisions of the next UN Conference of Parties on Climate Change (COP27) not only to be reasonable and measurable but also to be fair. EGYPS started on February 14th, taking place over three days at Egypt International Exhibition Center, under the patronage of the Egyptian President. The fifth edition of the Show is held under the theme “North Africa and the Mediterranean: Delivering Energy Today”. The Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla highlighted the importance of cooperation between African countries to achieve their energy goals, stating that “the aspiration of our people must lead us all to join hands to realise their legitimate hopes for economic progress and development.
The cost of fulfilling renewable ❝ energy commitments to address
climate change is substantial. African countries cannot afford such a cost.
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HIS EXCELLENCY ABDEL FATAH EL SISI President of the Arab Republic of Egypt
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