Egypt’s Updated NDC Sets Ambitious Target For Renewable Energy Capacity By 2030

The Government of the Arab Republic of Egypt (GoE) announced its updated Nationally Determined Contribution (NDC), a step that reflects the country’s commitment to accelerating the transition towards a low-carbon development pathway by increasing the development and deployment of renewable energy to reach the target of 42% installed capacity by 2030 instead of 2035.

Dr Rania Al-Mashat, Egypt’s Minister of International Cooperation, stated that this important milestone comes in line with the Political Declaration that was announced during COP 27 between Egypt, Germany, and the United States of America, whereby the update of NDC by Egypt secures grants, debt swaps, concessional finance and catalyzes private investments to support the Energy Pillar within the Country-led Platform of the Nexus of Water Food and Energy NWFE. 

The NWFE platform, as cited in the political declaration, “integrates a set of high-priority projects for adaptation and mitigation, bundled around the nexus of the three main pillars of Water, Food, and Energy and selected through a prioritization process led by the Government of Egypt.. (to implement the) updated NDC”.