While Egypt accounts for only 0.6 per cent of the world’s carbon dioxide emissions, the road to net zero requires increased collaboration between the environment and energy sectors, Minister of Environment Yasmine Fouad said at a petroleum conference in Cairo on Tuesday.
The challenge is to “keep the balance between the transformative and speedy development and the environment and conservation of natural resources”, Ms Fouad said at the fifth Egypt Petroleum Show (Egyps).
The three-day exhibition and conference, which opened on Monday, includes 11 international energy ministers as well as chief executives, secretary generals, business leaders and representatives from international and local oil companies.
Supporting the clean energy transition in North Africa and the Mediterranean region is one of the key topics of discussion, as Egypt prepares to host Cop27 in Sharm El Sheikh in November.
The Paris Climate Change Agreement, adopted in 2015 and signed by about 200 countries including Egypt, sets out ambitious goals to try to limit global warming to 1.5°C above pre-industrial levels.
Providing poor African nations with the financial support needed during the clean energy transition should be the top priority at Cop27, Egyptian President Abdel Fattah El Sisi said at the Egyps opening on Monday.
A pledge by rich nations to channel $100 billion a year to developing nations to help them adapt to climate change has not yet been met.
The top CO2-emitting countries globally are China, the US, India, Russia and Japan.
Africa is responsible for less than 2 per cent of global emissions, despite being the second-most populous continent, said Fatih Birol, executive director of the International Energy Agency.
“We have to make sure that Africa doesn’t shoulder a heavy burden in transitioning to clean energy,” Mr Birol said.
In Egypt, the energy sector, including electricity, transit and oil and gas, accounts for 65 per cent of the country’s emissions, Ms Fouad said. Oil and gas make up only 3 per cent.
To solve the challenge of reducing emissions, she said climate finance, the inclusion of the private sector, the use of green technologies in developing countries, and a national capacity-building programme to train and grow human capital is also necessary.
“If we have the financing and we have the technologies, but we don’t have the human resources who are able to manufacture, operationalise and maintain those technologies, we would not be closing that circle,” Ms Fouad said.
The relationship between the energy and environment sectors in Egypt has evolved in recent years to one of tension to one of co-operation, where now the “carrot is used more than the stick”, she said.
She pointed to several success stories that involved a joint effort between the Ministry of Environment and Ministry of Petroleum.
For example, 11 out of 13 petroleum companies in the Gulf of Suez have enacted environmental sanitation plans that include the establishment of industrial wastewater treatment plants at a total cost of 7 billion Egyptian pounds. The remaining two companies will complete the projects by the end of this year.
Oil and gas companies are connected to the national network for industrial air quality “so we are able to track their emissions minute-by-minute”, Ms Fouad said.
In the energy sector, solar and wind power have been further developed over the past seven years.
Refuse-derived fuel, a fuel produced from various types of waste, is now being used as an alternative in cement factories.
There are ways to “give a win-win to both the development and the environment”, Ms Fouad said.
In a speech later in the day, Egypt’s Minister of Petroleum Tarek El Molla said Cop27 is “a big responsibility”.
He said there is a need to demonstrate that “we can use our fossil fuels responsibly” while prioritising “decarbonising hydrocarbons, carbon capture and storing”.
“We need to represent Africa, we need to build for our brothers in the UAE for a continuation of the narrative that we will start writing together,” Mr El Molla said, referring to Cop28, which will be hosted by the Emirates.
All you need to know about Formula E in Saudi Arabia
What The Saudia Ad Diriyah E-Prix
When Saturday
Where Diriyah in Saudi Arabia
What time Qualifying takes place from 11.50am UAE time through until the Super Pole session, which is due to end at 12.55pm. The race, which will last for 45 minutes, starts at 4.05pm.
Who is competing There are 22 drivers, from 11 teams, on the grid, with each vehicle run solely on electronic power.
Salah in numbers
€39 million: Liverpool agreed a fee, including add-ons, in the region of €39m (nearly Dh176m) to sign Salah from Roma last year. The exchange rate at the time meant that cost the Reds £34.3m - a bargain given his performances since.
13: The 25-year-old player was not a complete stranger to the Premier League when he arrived at Liverpool this summer. However, during his previous stint at Chelsea, he made just 13 Premier League appearances, seven of which were off the bench, and scored only twice.
57: It was in the 57th minute of his Liverpool bow when Salah opened his account for the Reds in the 3-3 draw with Watford back in August. The Egyptian prodded the ball over the line from close range after latching onto Roberto Firmino's attempted lob.
7: Salah's best scoring streak of the season occurred between an FA Cup tie against West Brom on January 27 and a Premier League win over Newcastle on March 3. He scored for seven games running in all competitions and struck twice against Tottenham.
3: This season Salah became the first player in Premier League history to win the player of the month award three times during a term. He was voted as the division's best player in November, February and March.
40: Salah joined Roger Hunt and Ian Rush as the only players in Liverpool's history to have scored 40 times in a single season when he headed home against Bournemouth at Anfield earlier this month.
30: The goal against Bournemouth ensured the Egyptian achieved another milestone in becoming the first African player to score 30 times across one Premier League campaign.
8: As well as his fine form in England, Salah has also scored eight times in the tournament phase of this season's Champions League. Only Real Madrid's Cristiano Ronaldo, with 15 to his credit, has found the net more often in the group stages and knockout rounds of Europe's premier club competition.
Tips for newlyweds to better manage finances
All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.
Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.
Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.
Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.
Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.
Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.
Winners
Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)
Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)
Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)
Best Young Women’s Player
Vicky López (Barcelona / Spain)
Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)
Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)
Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)
Women’s Coach of the Year
Sarina Wiegman (England)
UAE currency: the story behind the money in your pockets
More on Quran memorisation:
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%3Cp%3EFly%20with%20Etihad%20Airways%20from%20Abu%20Dhabi%20to%20New%20York%E2%80%99s%20JFK.%20There's%2011%20flights%20a%20week%20and%20economy%20fares%20start%20at%20around%20Dh5%2C000.%3Cbr%3EStay%20at%20The%20Mark%20Hotel%20on%20the%20city%E2%80%99s%20Upper%20East%20Side.%20Overnight%20stays%20start%20from%20%241395%20per%20night.%3Cbr%3EVisit%20NYC%20Go%2C%20the%20official%20destination%20resource%20for%20New%20York%20City%20for%20all%20the%20latest%20events%2C%20activites%20and%20openings.%3Cbr%3E%3C%2Fp%3E%0A
Election pledges on migration
CDU: "Now is the time to control the German borders and enforce strict border rejections"
SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom"
How Islam's view of posthumous transplant surgery changed
Transplants from the deceased have been carried out in hospitals across the globe for decades, but in some countries in the Middle East, including the UAE, the practise was banned until relatively recently.
Opinion has been divided as to whether organ donations from a deceased person is permissible in Islam.
The body is viewed as sacred, during and after death, thus prohibiting cremation and tattoos.
One school of thought viewed the removal of organs after death as equally impermissible.
That view has largely changed, and among scholars and indeed many in society, to be seen as permissible to save another life.
The five pillars of Islam
Race results:
1. Thani Al Qemzi (UAE) Team Abu Dhabi: 46.44 min
2. Peter Morin (FRA) CTIC F1 Shenzhen China Team: 0.91sec
3. Sami Selio (FIN) Mad-Croc Baba Racing Team: 31.43sec
Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.
Based: Riyadh
Offices: UAE, Vietnam and Germany
Founded: September, 2020
Number of employees: 70
Sector: FinTech, online payment solutions
Funding to date: $116m in two funding rounds
Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices
EMERGENCY PHONE NUMBERS
Estijaba – 8001717 – number to call to request coronavirus testing
Ministry of Health and Prevention – 80011111
Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre
Emirates airline – 600555555
Etihad Airways – 600555666
Ambulance – 998
Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries