Egypt’s government has announced the second update of its Nationally Determined Contributions (NDCs), highlighting its commitment to increasing climate action efforts. The NDCs unveiled on 26th June, detail Egypt’s revised plans for transitioning to low-carbon pathways, reducing energy consumption, and maximizing energy production from local resources.
A key element of this plan involves fast-tracking the generation of 42% of Egypt’s energy from renewable sources by 2030, a goal that was initially set for 2035. The transition includes reducing electricity produced from fossil fuel power plants and replacing inefficient thermal power plants with renewable energy sources.
The government’s strategy also includes low-carbon transport initiatives like switching public buses to low-carbon fuels, introducing energy-efficient routes through the Bus Rapid Transit system, expanding the Greater Cairo underground third metro line, and encouraging bicycle use by building designated bike lanes.
The updated NDCs also revealed plans for increasing green spaces in new cities, developing a coastal zone management plan for the North Coast, and improving weather forecasting and early warning systems.
The estimated financial resources needed for implementing these updated climate commitments is at least EGP 7 trillion (USD 245 billion). As part of its climate finance efforts, Egypt, through the NWFE Platform, signed an EGP 1 billion (EUR 54 million) debt swap for climate action with Germany.