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Paperback Implementing the OECD Framework for Industry's Net-Zero Transition in Egypt Book

ISBN: 9264474307

ISBN13: 9789264474307

Implementing the OECD Framework for Industry's Net-Zero Transition in Egypt

With abundant solar and wind resources, a mature ammonia industry and proximity to major export markets in Europe, Asia and Africa, Egypt is well-positioned to become a regional hub for green hydrogen and its derivatives. The country has taken major steps to establish an enabling framework including the creation of the National Council for Green Hydrogen and its Derivatives (2023) and the launch of a National Low-Carbon Hydrogen Strategy (2024). The strategy targets annual production of 1.5 million tonnes of green hydrogen, aims to capture 5-8% of the global market by 2040 and create more than 100 000 jobs. Yet, despite a large project pipeline, only a handful of projects have moved beyond feasibility.

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