COP 27 president stresses fair transition to clean energy in developing countries

CAIRO – 15 November 2022: COP 27 President Sameh Shokry, who is Egypt's minister of foreign affairs, stressed Tuesday, at the opening of Energy Thematic Day, that transition to clean energy must be fair by taking into consideration the economic and social circumstances of developing countries.

Minister Shokry underscored the necessity of investing in new energy that should be clean, cheap, and sustainable, given that the energy sector is a main source of carbon emissions.

The COP 27 president added that green economy is no longer a means to counter climate change. Yet, it has become an efficient economic choice in light of the geopolitical developments the world is experiencing, and the ensued energy crisis.  

The minister pointed out that although Africa has the necessary resources to generate renewable energy, millions of its citizens have no access to cheap clean energy.

The COP 27 president called on stakeholders participating in the Energy Thematic Day to reach precise steps that would achieve rapid and fair transition to environment-friendly sources of energy, in a way that fulfills the goals of Paris Agreement, and accomplishes economic prosperity and sustainable development.