Egypt remains committed to reaching 42% renewable energy in its electricity generation by 2030 but warns this goal is threatened without international support, Prime Minister Mostafa Madbouly stated at COP29.
Currently, renewables like solar, wind, and hydropower make up only 11.5% of Egypt’s energy mix.
The country has long relied on natural gas, defended at COP27 as a “transitional fuel.”
Power shortages last year, driven by financial constraints in gas production, spurred Egypt to seek foreign investment in renewable projects while still exploring fossil fuels.
Madbouly called for stronger backing from developed nations, stressing that “without the necessary support, our climate ambitions remain at serious risk.”
He warned that, without this aid, climate pledges from developing nations would be “ink on paper.”
