To address the effects of climate change, which he described as “related to human security, economic security, environmental security, national security, and the life of the planet itself,” Biden further confirmed that the United States also provides $ 150 million to African nations.
” The support that Washington and Berlin will provide to Egypt to obtain 10 GB of Renewable Energy by 2030, and improve 5 GB of Gas -born energy; Which reduces Egypt’s emissions in the energy range 10 percent.
4 billion cubic metres of natural gas that Egypt is currently losing to burning, wind, and leakage are anticipated to be reserved by the American administration and Egypt.
Additionally, Ahmed Kamali, the deputy minister of planning in Egypt, previously disclosed that after succeeding in achieving 30 percent green projects this year, Cairo aimed to reach 50 percent green projects of the total state budget during the financial plan for 2024–2025.
A victory for “Cup 27”
Political analyst from Washington, Mahdi Afifi, says that the United States has a special interest in climate issues, and thus effectively participated in the climate summit “Cup 27” in Sharm El -Sheikh, which is one of the most important global events this year, and attracts the attention of the whole world.
In comments to “Sky News Arabia,” “Afifi” added that the Biden administration saw the need to attend this summit despite it falling on the same day as the tragic midterm elections in order to meet with world leaders, find solutions to the climate change crisis, and stress the significance of climate issues in general.
He emphasised that the United States is committed to addressing climate change and believes that having access to “air, water, and food” is a fundamental human right. As a result, it constantly collaborates with world leaders to find solutions to climate problems and tries to aid developing nations in fending off the effects of the climate on them.
According to “Afifi,” Biden’s presence and his declaration that Egypt had contributed $500 billion underscore the seriousness of this issue, the global significance of this summit, and the urgent needs of people.
The allocation of 500 million dollars to support clean energy projects in Egypt, along with 150 million dollars to support African countries, was seen by Hisham Al-Hosari, the head of the agriculture and irrigation committee in the Egyptian parliament, as a success for the climate summit in Sharm El-Sheikh.
He emphasised that the American commitments came in response to the Egyptian President Abdel Fattah El-Sisi’s demand that the summit serve as “the implementation summit for previous commitments for the countries of the world regarding the support of green economy projects” in his opening remarks to the gathering.
“Al -Hosari” explained that the Egyptian government must take advantage of the success of the climate summit in expanding green energy and green economies in various fields..
An American pledge of $ 500 million to Egypt … What is the purpose of the action?
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