New white paper explores energy efficiency in the Egyptian real estate market

A white paper titled, "The Transition to Energy Efficiency: Navigating the Egyptian Real Estate Landscape," has been released, offering in-depth insights into the evolving energy efficiency practices within Egypt's real estate sector. Authored by Mai Adel Marzouk, Rana Mohamed, and Dr. Mohamed Salheen from the Integrated Development Group (IDG), and reviewed by Jessica Weir, Eslam Mohamed Mahdy, and Dr. Andreas H. Hermelink from Guidehouse Germany GmbH.

The paper delves into the current state of energy efficiency in Egypt's real estate market, highlighting key strategies and innovations aimed at reducing energy consumption and promoting sustainable development. It provides a detailed analysis of the challenges and opportunities faced by developers and policymakers in implementing energy-efficient solutions. The paper explores the potential for upscaling energy efficiency in Egypt’s built environment, examining the steady growth of the Egyptian construction sector and the country's energy consumption trends and policy reforms. It then makes a compelling business case for energy efficiency in the building sector, emphasizing the economic benefits and long-term savings. The paper also identifies key challenges and barriers to upscaling energy efficiency, including the current regulatory and policy framework, economic conditions, and the status of awareness and capacities. BUILD_ME’s solutions to accelerate energy efficiency are also presented, offering support for regulatory frameworks, financing mechanisms, and initiatives to raise awareness and build capacities.

Key findings include:

• Innovative energy solutions: Technologies and practices that can significantly reduce energy use in buildings.
• Policy recommendations: Strategic recommendations for policymakers to foster a more energy-efficient real estate sector, including incentives for green building practices and regulatory frameworks to support sustainable development.
• Case studies: Real-world examples of successful energy-efficient project, showcasing the tangible benefits of adopting these practices.

This white paper is a must-read for stakeholders in the real estate industry, policymakers, and anyone interested in the future of sustainable development in Egypt. It underscores the importance of transitioning to energy efficient practices to ensure a sustainable future for the Egyptian real estate landscape.