The Ministry of Petroleum and Mineral Resources (MoPMR) achieved outstanding results during the target period of Egypt’s First Biennial Transparency Report (end of 2022), exceeding its targets set within the Nationally Determined Contributions (NDCs) to reduce emissions.

By implementing 23 projects, the MoPMR reduced emissions by 1.36 million tons of carbon dioxide equivalent, surpassing the target of 1.23 million tons.

This came in Egypt’s First Biennial Transparency Report (1st BTR), which was submitted to the Secretariat of the United Nations (UN) Framework Convention on Climate Change before the deadline. The report submitted by the Ministry of Environment, with the active participation of the MoPMR, represented by the Energy Efficiency and Climate Department.

This achievement is the culmination of the MoPMR’s efforts to support Egypt’s international commitments and contributions to enhancing climate transparency, opening new horizons for attracting climate financing and developing plans to address climate challenges.

The report aims to highlight progress in the implementation of Nationally Determined Contributions (NDCs).

The MoPMR also succeeded in reducing energy consumption by 5.64% compared to the target of 5%, through implementing 266 projects and procedures to improve energy efficiency in various activities of the sector.

Minister of Environment, Yasmine Fouad, praised the efforts of the MoPMR in providing accurate data and achieving the goals of the nationally determined contributions, expressing her appreciation for the effective role played by the Ministry in preparing the report.

Fouad’s statement came during the meeting of the Executive Office of the National Council for Climate Change, which was held under the chairmanship of the Minister of Environment to discuss the outcomes of the report, in the presence of representatives from the oil and gas sector.