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TunisiaEurope – Egypt Energy Interconnectivity event
On 9 May 2023, the Embassy of Sweden, who holds the Presidency of the Council of the European Union, and the European Union Delegation to Egypt, hosted an event focusing on Energy interconnectivity between Europe and Egypt.
The event started with welcome remarks and was followed by panel discussions with European and Egyptian policymakers and business representatives. The panels highlighted policies, priorities, and financial instruments to support energy transition and the linking of Europe and Egypt in this field.
“The demand for sustainable energy is increasing in Europe. Egypt is well positioned to supply such energy. To connect Egypt and Europe is therefore the obvious way forward. This will benefit the economy of Egypt and Europe alike, but it will also benefit the climate since the energy can be used in a more efficient and sustainable way” said ambassador Håkan Emsgård, Ambassador of Sweden to Egypt
During his remarks Ambassador Christian Berger, Head of the European Union Delegation to Egypt said “The EU has vast knowledge to share and we have the means to help, as the world’s greatest donor to climate financing providing over 40% of global public climate money through our Member States. In many countries, we deploy technical support, investment grants, capacity building, and guarantees to manage risks and leverage private investments.
Countries covered:
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Egypt
