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Clean Energy Development in Egypt

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Hossein Razavi
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This report reviews the opportunities and challenges involved in improving energy efficiency, developing renewable energy resources and promoting the local manufacturing of the corresponding equipment in Egypt. The international experience indicates that the three subjects are intertwined and that there are four pre-requisites for their success: a clear strategy, a proper institutional framework, a well-designed incentive system and a suitable set of financing instruments. Egypt, however, has shortcomings these in these four areas, according to the report.