Socio-economic footprint of the energy transition: Egypt
This report explores the potential socio-economic impacts of the energy transition in Egypt, and shows that a successful, just and inclusive energy transition in Egypt can bring about a brighter, more prosperous and healthier future for its citizens. Egypt is home to a population of around 110 million people, with a median age of 23.9 years in 2021. Egypt’s population growth rate and poverty rate, with 32.5% of the population living under the national poverty line in 2018, places significant fiscal and infrastructure burdens on the country’s social services. The country has been at the forefront of renewable energy deployment in Africa, particularly through its large hydro resources, tied to the River Nile. To meet its growing energy needs and contribute to job creation, Egypt has sought to develop several other forms of modern renewable energy, including through solar and wind projects, since the start of the century.