Fossil fuel subsidies (USD, billions):
Fossil fuel subsidies with externalities (% of GDP):
Egypt President Calls on International Community to Support Global Green Recovery
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
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
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.
Navigating Political Hurricanes in the MENA Region: Energy Pricing Reform in a Context of Changing Social Contracts (Center on Global Energy Policy)
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
Egypt – Country profile
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