The Egyptian President Abdel Fattah El-Sisi on Tuesday announced the launching of an initiative on the green hydrogen global forum in partnership with Belgium and a number of international partners with the aim of establishing a permanent platform for dialogue among producing and consuming countries of hydrogen as well as the private sector and international Organisations.
Addressing a roundtable titled” “Investing in the Future of Energy: Green Hydrogen” held on the fringe of the UN Climate Summit, Sisi said Egypt and Belgium has been working on such initiative over the past months in coordination with a number of partners.
He said “I am pleased today, in partnership with Prime Minister Alexander De Croo, to launch such initiative”.
Sisi extended thanks to participants in the session, especially German Chancellor Olaf Scholz for sharing the presidency of the session to deliberate on the green hydrogen transition in developing countries.
The Egyptian president asserted that the term “Green Hydrogen” has been familiar over the past few years in view of the importance of decreasing dependency on traditional energy resources which has become a necessity amid the current fuel crisis. Securing more safe supplies of energy is a necessity to mitigate the impact of global climate change or drawback on our national objectives in this regard.
Sisi also said that green hydrogen is one of the key solutions on the way of transition to green economy over the coming years, noting that this option is a real chance for achieving economic development in line with the international efforts to mitigate climate change and Paris Agreement on Climate.
Sisi made it clear that today’s session comes within the framework of the practical steps and a live model of the principle of “implementation” which gathered us today with Norwegian Prime Minister to launch the first phase of green hydrogen production plant in El Ain El Sokhna with a capacity of 100 megawatts.
Sisi spoke about some concerns of the developing countries regarding the issue of energy. He said according to the International Energy Agency(IEA) statistics the share of developing countries from the proposed green hydrogen projects was only two projects out of 680 across the world.
All debates raised at the roundtable should come up with clear implementation steps that we all agree on to reach to successful mechanisms and solutions for the energy transition, Sisi added.
Concluding his speech, Sisi voiced hope that such discussions could bring about fruitful and constructive outcomes amid presence of major producers and consumers of green hydrogen as well as heads of Organisations and operating companies in the sector.
Source: The Egyptian Gazette
