Minister Arkab Outlines Integrated Energy Transition Strategy
Algeria has outlined an integrated national strategy for sustainable energy transition, focusing on the development and sustainability of its hydrocarbon sector while simultaneously reducing greenhouse gas emissions and promoting clean technologies. The approach also includes a cautious integration of carbon markets…
Algeria is implementing an integrated national strategy for sustainable development, aimed at balancing the development and sustainability of its hydrocarbon sector with significant efforts to mitigate climate change. This commitment was highlighted by Minister of Energy and Mines Mohamed Arkab and Prime Minister Seifi Ghareb during a national workshop focused on climate finance and carbon markets. The strategy underscores Algeria’s dedication to reducing greenhouse gas emissions, promoting clean technologies, and enhancing adaptation capabilities against the impacts of climate change, in line with its international obligations.
Under the leadership of President Abdelmadjid Tebboune, Algeria has solidified its climate commitments, embedding climate change within its 2020 Constitution as a pillar of sustainable development. Further demonstrating this strategic vision, the country adopted a National Green Hydrogen Strategy in 2023 and submitted an updated Nationally Determined Contribution (NDC) to the UNFCCC Secretariat. This NDC sets a target to reduce greenhouse gas emissions by 14 percent by 2035, with the potential to increase this reduction to 31 percent. Additionally, work is underway to prepare a National Climate Change Adaptation Plan.
Regarding climate finance and carbon markets, Minister Arkab affirmed that these are considered crucial levers for supporting national development rather than merely supplementary financial resources. The integration of carbon markets into the national approach necessitates a precise evaluation of their opportunities and challenges, ensuring the protection of national economic interests and safeguarding rights associated with carbon projects and assets. This cautious integration aims to ensure that any adopted mechanism generates genuine added value for the national economy, supported by a comprehensive national regulatory framework and suitable governance structures to guarantee transparency and prevent double counting of emission reductions.
