Egypt is strategically positioning itself to become a global hub for green hydrogen and renewable energy expansion, aligning with international climate goals. The country's plans include upgrading its electricity grid to support new capacities, with a strong emphasis on private sector involvement in renewable energy projects. By 2030, Egypt targets to have 42% of its energy sourced from renewables, a number expected to increase to 65% by 2040. Minister Badawi highlighted the importance of developing wind, solar, pumped storage, hydroelectric, and nuclear power to achieve these goals. Environment Minister Yasmine Fouad reiterated Egypt's commitment to climate targets despite its low global emissions contribution, calling for increased climate finance and technology transfer to expedite progress. Noteworthy is Egypt's recent partnerships with international alliances to produce green hydrogen and derivatives in the Suez Canal Economic Zone. The government's initiatives include creating an appealing investment environment and providing land for renewable energy projects. Egypt has set an ambitious target to produce green hydrogen at the lowest global cost by 2050, aiming for $1.7 per kg.