Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, and the US presidential envoy for climate, John Kerry, inaugurated this morning the activities of the Decarbonization Day within the framework of the United Nations Climate Summit COP27 currently being held in Sharm El Sheikh. The oil and gas industry is currently used to provide energy supply in an environmentally responsible manner and reduce carbon emissions resulting from activities using modern methods and technologies.
In his opening speech, Eng. Tarek El-Molla, Minister of Petroleum and Mineral Resources, stressed that climate change is an undeniable reality that is accompanied by economic challenges and political tensions, and that the consequences of climate change are greater than any country or nation can bear or face alone, stressing the inevitability of concerted joint efforts from all concerned parties. Whether developing or developed countries, industrial or consuming countries, government and private sectors.
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Al-Mulla stressed that the world will continue to need energy to achieve growth, progress and economic growth, and we must provide the energy needed for life and development in responsible environmentally friendly ways with minimal impact on the climate.
In his speech, John Kerry indicated that the Sharm el-Sheikh summit is the beginning of implementation, and we must together face this challenge, and we must work jointly to mitigate the effects of burning fossil fuels, pointing out that the energy transition requires the integration of countries with each other and requires the efforts of all, and Kerry continued, if we do not get rid of Emissions will harm humans, as 15 million people die globally from causes such as the effects of global warming. .

He added that we must believe in our ability to change. We cannot avoid the crisis, but its consequences can be avoided by making decisions, stressing that the twenty largest countries in the world are responsible for 80% of emissions and can change that, and new technologies must be used to implement the use of new and renewable energies, Countries of the world can focus on decarbonizing and increasing the proportion of renewable energy consumption in the energy mix.
In his speech, he called for the need to move together towards accelerating the energy transition, reducing methane globally, and joining the Methane Reduction Initiative Charter, noting that the solutions he proposes are logical according to the International Energy Agency, if countries adhere to this charter, the results will be wonderful by 2030.
Engineer Ahmed Samir, Minister of Trade and Industry, stressed the importance of industrialists meeting in this international forum, as all countries suffer from the effects of climate changes that the world has witnessed in the recent period, and that this conference, held under the title "Together for Implementation", aims to implement a package of measures that That will not bring together the efforts of government, international and private companies, academics and social institutions to reach better solutions for future generations, as each of them has a role in the executive process to change the reality of the climate and achieve a bright future. .