Qalaa Holdings’ Post

At the recent Green Hydrogen Roundtable, held during the first edition of the UN Global Compact Network Egypt Annual Forum: Pathways to Sustainable Africa, key themes emerged that underscore the pivotal role of #greenhydrogen in driving #sustainabledevelopment and energy innovation. This session was moderated by; Ms. Ghada Hammouda UNGNE Board member, and Group Chief Sustainability Officer Qalaa Holdings, has sparked a powerful conversation about the potential of green hydrogen to power Africa's future. Key Takeaways: Bridging the Cost Gap: The roundtable discussed innovative financing mechanisms and incentives to bridge the cost gap between green and fossil-based hydrogen, accelerating green hydrogen adoption. Building a Strong Foundation: Participants emphasized the need for robust regulatory frameworks and policies to facilitate green hydrogen production, create a conducive investment environment, and streamline permitting processes. Collaboration is Key: The critical role of public-private partnerships and international collaboration for capacity building, financial support, and technology transfer was highlighted. Africa's Strategic Advantage: Africa's abundant renewable energy resources and strategic location were recognized as key advantages. Leveraging these strengths can position Africa as a leader in the global green hydrogen market, with Egypt potentially playing a central role. The UNGCNE Forum: A Catalyst for Progress The Green Hydrogen Roundtable highlighted the importance of collaboration to drive progress. Multilateral development banks and financial institutions are crucial for infrastructure development and mitigating investment risks. Facilitating technology transfer and capacity building through training programs, partnerships, and investments in R&D is essential for developing local expertise in green hydrogen production. The UNGCNE Annual Forum's Green Hydrogen Roundtable has ignited a new chapter for Africa's sustainable development, providing a roadmap for harnessing green hydrogen's transformative power for a sustainable future. Esteemed Round-Table Speakers; Mr. Waleed Gamal El-Din Executive Chairman, The General Authority of Suez Canal Economic Zone Dr.Karim Morsy Advisor to the Minister of Environment. Eng. Ehab Ismail Amin, Deputy Chairman For Technical Affairs of the New and Renewable Energy Authority (NREA). Mrs. Yasmine Khamis, Chairman, Oriental Weavers Dr. Basel Roshdy CEO & Managing Director, Nile Capital Holding  Mr. Maged Ezzeldeen Country Senior Partner & Deals Leader, PwC Mr. Amr El-Iskandarany Chief Business Development Officer at TAQA Arabia   Eng. Karim Hefzy Chief Operating Officer- Hassan Allam Utilities Eng. Tamer Ibrahim Industry Manager, Bureau Veritas Co #UNGCNE #Sustainability #GreenHydrogen #PathwaysToSustainableAfrica #RenewableEnergy #UNGCNEFORUM #SUSTAINABLEAFRICA