130218_Luxor-Egypt SECAP Final

implementation of its activities.
Foreseen financing sources for the investments within the action plan
3.8.1.1 Financing from the national energy efficiency programme and renewable energies
Governorates through the Ministry of Foreign Affairs (MoFAs) and Ministry of Investment and International
Cooperation (MoIIC) can get direct access to funding agencies, but also can count on the support of additional
resources coming from funding agencies through the Governorate Development and Lending Fund that
connect Egypt negotiated supports with municipalities presenting specific projects.
Egypt is one of the nations receiving the highest level of aid. The international community offers grants and
loans to Egypt’s Government. Entities that provide aid can be categorized in seven groups: Arab nations, the
European Union, the United States, and Japan, as well as international institutions - IFIs (including agencies
of the UN system), European countries and Gulf States 10 .
3.8.1.2 Funding the energy sector
Throughout the modern history of Egypt, most energy projects have been funded by international aid. Such
aid usually comes from donors seeking to improve the security and stability of the Egypt energy sector. The
EU, Germany, Italy, France, Greece, Spain, the Word Bank and IMF have provided support to reform the
institutions and regulations in the sector.
Some new grants for sustainable energy and sustainability actions include the EU’s SUDEP grant for local
governments and municipalities, as well as the Word Bank’s recently created Trust Fund programme, a
funding assistance mechanism. The European Union, along with the Word Bank Group – International
Finance Corporation (IFC), issued programmes for knowledge products and grants for the fiscal year 2016
focusing on municipal services, energy, water and solid waste management.
3.8.1.3 Energy Efficiency Fund
Legal basis for Energy Efficiency (EE) and Energy Savings (ES) targets in Egypt are based on a drafted law and
National Energy Efficiency Strategy (NEES) 2000; savings are anticipated to be 15 per cent by 2030 11 .
According to MED-ENEC report, EE in the building sector in the MENA region is primarily funded through
governments and the international donor community but far less fund is offered by local commercial banks.
3.8.1.4 Application and awarding process
Each grant has a unique set of requirements and application process. Generally, however, the first step
includes the submission of concept notes and after an initial agreement; the potential beneficiaries submit a
full proposal. Most often, grants are awarded based on the number of people, who will benefit from such
grant as well as the sustainability and lasting impact of the proposed project.
10
The Ministry of Investment and International Cooperation, MoIIC – Available at: http://www.miic.gov.eg/Front/Cooperation/DevPartnerList.aspx
- (Accessed on: 14.08.2017)
11
Energy Efficiency Building Code, a Roadmap for Implementation in the MENA Region, September 2013, MED-ENEC – (Accessed: 20.08.2016).
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