Egypt

Country indicators

GDP per capita - gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. (Source: World Bank)

GDP per capita
(USD):

3,058.31

Fossil fuel subsidies (USD, billions) - All consumer and producer pre-tax subsidies. Pre-tax consumer subsidies exist when energy consumers pay prices that are below the costs incurred to supply them with this energy. (Source: IMF)

Fossil fuel subsidies (USD, billions):

14.84

Fossil Fuel Subsidies as % of GDP - All consumer and producer pre-tax subsidies as percent of a country’s GDP. (Source: IMF)

Fossil fuel subsidies
(% of GDP):

6.27

Fossil Fuel Subsidies with externalities as % of GDP - All consumer and producer post-tax subsidies. Post-tax consumer subsidies exist if consumer prices for energy are below supply costs plus the efficient levels of taxation. (Source: IMF)

Fossil fuel subsidies with externalities (% of GDP):

16.39

Revenue from environmentally related taxes as % of GDP - All revenue from environmentally related taxes - defined as any compulsory, unrequited payment to general government levied on tax-bases deemed to be of particular environmental relevance – as percent of a country’s GDP. (Source: OECD)

Revenue from environmentally related taxes (% of GDP):

0.912

Carbon pricing gap - Measure of how much countries fall short of pricing carbon emissions in line with a EUR 60 benchmark value (midpoint estimate of the carbon costs in 2020 and a low-end estimate for 2030). The difference is presented as percentage: If the Effective Carbon Rate (ECR) on all emissions is at least as high as the benchmark, the gap is zero, and if the ECR is zero throughout, the gap is 100%. (Source: OECD)

Carbon Pricing Gap
(%):

n/a

News

Egypt President Calls on International Community to Support Global Green Recovery

2021-09-16

Speaking on the first day of the inaugural Egypt International Cooperation Forum (Egypt – ICF), launched by the Ministry of International Cooperation, taking place in Cairo between 8-9 September, El-Sisi said: “No government alone can make this recovery possible. It requires the support of the international community and financial institutions to achieve the UN SDGs.” H.E. Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, today called upon the international community to unite and spark a “green recovery”.

EGYPT: Emirates NBD to finance agricultural wastewater reuse in Al-Hamam

2021-08-17

Emirates NBD is providing 2 billion Egyptian pounds (over $127.35 million) of financing for the construction of a new agricultural wastewater treatment plant in Upper Egypt. Called Al – Hamam, the facility will have a treatment capacity of 6 million m3 per day.

3 essential steps towards ending fossil fuel subsidies

2021-07-12

Fossil fuel subsidies persist despite the climate crisis. They distort the energy market by keeping fossil fuel prices artificially low. Removing these subsidies must be accompanied by social programmes that will reduce the impact on the poorest household.

Reports

Navigating Political Hurricanes in the MENA Region: Energy Pricing Reform in a Context of Changing Social Contracts (Center on Global Energy Policy)

2017-04-21

This report from the Columbia Center on Global Energy Policy analyzes the political economy of energy pricing reforms in the Middle East and North Africa since the Arab Spring. The authors investigate the conditions

Policy Briefs

Egypt – Country profile

2017-03-30

Background Egypt is located in north-east Africa and bordered by the Mediterranean Sea in the north and the Red Sea in the east. Air, water and soil pollution are the

Egypt

Country indicators

News

Egypt President Calls on International Community to Support Global Green Recovery

EGYPT: Emirates NBD to finance agricultural wastewater reuse in Al-Hamam

3 essential steps towards ending fossil fuel subsidies

Reports

Navigating Political Hurricanes in the MENA Region: Energy Pricing Reform in a Context of Changing Social Contracts (Center on Global Energy Policy)

Policy Briefs

Egypt – Country profile

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