A debate on the future of clean energy from the COP27 climate conference

A debate on the future of clean energy from the COP27 climate conference

- Saudi Arabia, Egypt and the UAE aim to achieve the most efficient and the least expensive optimum mix of energy

Sharm El Sheikh: Khaled Sharbatly, CEO of Desert Technologies Investments, a leading investment company in the field of renewable energy and smart infrastructure, stressed that COP 27 provides a unique opportunity for stakeholders to face challenges and move from the thinking and commitment stage to the solutions and implementation stage, adding that the transition to renewable energy sources is a strategic option to provide affordable energy and achieve economic growth. This requires more legislations that contribute to doubling the volume of investments in renewable energy to place the world on the path to achieving net zero emissions by 2060.

This came during his participation in the panel titled: "Innovative Solutions and Enabling Environments" within the activities of the Energy Day of the "COP 27", which focused on the importance of development in the field of renewable energy and adopting the latest technologies to reach reliable products and reduce electricity production costs through the circular carbon economy approach.

Sharbatly added that Saudi Arabia, Egypt, and the United Arab Emirates are making great efforts to increase and promote the use of renewable energy through