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130218_Luxor-Egypt SECAP Final

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- Abu Dhabi Fund for Development (ADFD),<br />

- Arab Fund for Economic & Social Development (AFESD),<br />

- International Fund for Agricultural Development (IFAD),<br />

- Khalifa Fund For Enterprise Development (KFED),<br />

- Kuwait Fund for Arab Economic Development (KFAED),<br />

- Middle East and North Africa Transition Fund (MENATF),<br />

and<br />

- Saudi Fund for Development (SFD).<br />

Public-Private-Partnerships PPP (available or to raise)<br />

Loans and potential borrower<br />

Innovative funding: An option would be to generate<br />

carbon credit from the engine conversion and market<br />

these credit on the voluntary market where climate<br />

dedicated supporters can by such voluntary credit at 25<br />

€/ton (maximum).<br />

Due to the significant CO 2 reduction caused by<br />

this action, it would be interesting to explore<br />

mobilising a carbon fund that would by carbon<br />

credit generated by this priority action. At 25<br />

€/t (on a climate dedicated voluntary market)<br />

this mechanism would generate 2.3 m€ per<br />

year offering a very interesting payback rate.<br />

10. Projected Energy Estimates in 2030<br />

Energy savings GWh/y<br />

- Fleet occupancy optimisation generates 30%<br />

cuts<br />

- There is no real energy saving due to engine<br />

conversion<br />

Renewable energy production MWh/y (Solar PV on boats)<br />

229,469 MWh/y<br />

990 MWh/y<br />

CO 2 reduction t CO 2eq/y<br />

- Reference Year<br />

- Target Year<br />

2015<br />

2030<br />

- Net reduction by 2030<br />

61,498 from occupancy optimisation<br />

31,704 from engine conversion<br />

93,202 t CO 2eq/y<br />

- Reduction as related to BAU scenario of tourism sector<br />

30%<br />

146

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