Cairo, Egypt, 30 October 2023 –
Demonstrating a firm commitment to Egypt's Nationally Determined Contributions and its ambitious target of reducing greenhouse gas emissions by 65% by 2030, the Egyptian Ministry of Petroleum and Mineral Resources announces the launch of the region’s first CLIMATECH Challenge at the seventh edition of the Egypt Energy Show (EGYPES), taking place in Cairo from 19-21 February 2024.
The CLIMATECH Challenge serves as a global platform for start-ups to pitch their technological solutions and business models before a panel of influential selection committee members, spotlighting pioneering start-ups with cutting-edge solutions to expedite the energy transition and amplify the role of undiscovered energy innovators in advancing global net-zero targets.
Featuring a rich programme of keynote speeches, motivational talks, and panel discussions, the CLIMATECH Challenge will gather global energy industry visionaries, investors, change-makers, and emerging start-ups to showcase their critical innovations and groundbreaking climate technologies.
HE Tarek El Molla, Egyptian Minister of Petroleum and Mineral Resources, commented on the launch of the initiative, stating, "Egypt is accelerating its energy diversification and decarbonisation endeavours in line with Egypt Vision 2030. The world is currently witnessing unparalleled innovation paving the way for a low-carbon future, and we believe start-ups are the trailblazers leading this charge. Through the EGYPES 2024 CLIMATECH Challenge, we aspire to amplify the role of undiscovered energy innovators and shine the spotlight on their contributions in our shared journey towards a more sustainable, net-zero future."
No doubt that, entries from start-ups worldwide are welcomed, serving the energy transition with modern technologies that are addressing climate change and supporting the shift to clean and sustainable energy sources, including but not limited to decarbonisation, CCUS, hydrogen, circular economy, energy storage and energy efficiency.
The application deadline is set for Friday 24th November 2023. For more information about the CLIMATECH Challenge or to submit your entry as a participating start-up, visit www.egypes.com/climatech-challenge.
