Mauritania: A Beacon of Stability in the Energy Sector, Poised for Investment Success
Mauritania’s Energy Transition: A Path to a Sustainable Future
Mauritania’s Minister of Oil and Energy, Mohamed Ould Khaled, emphasized the country’s stability and security as essential factors for successful large-scale investments in the energy sector. He also highlighted Mauritania’s vast potential and advantages in the field of renewable energy.
During a roundtable discussion on securing funding for the energy transition and ensuring equity at the “Gas Tech” exhibition in the United States, the minister stressed the importance of Mauritania’s security and energy capabilities in attracting attention from all parties. This, in turn, enables the country to produce a significant amount of clean energy, contributing to a safe global path for the energy transition.
Minister Ould Khaled noted that major logistical challenges, particularly in infrastructure such as roads and ports, must be addressed collectively. He emphasized the need for securing necessary funding to achieve a just and fair energy transfer, taking into account the unique characteristics of each country.
The minister reviewed ambitious projects in the field of green hydrogen in Mauritania and called on all parties to contribute to the efforts aimed at utilizing funding and resources to successfully launch these projects.
This discussion is part of the dialogue launched at the Global Energy Transition (GET) conference held last July, which brought together international stakeholders, including governments, multilateral organizations, companies, banks, and investors, to promote the transition in emerging economies.
The conference focused on policies and strategies that can increase the availability of clean energy and technologies that provide cost-effective solutions to reduce emissions. It also addressed the role of governments in creating enabling environments for investment in clean energy and accelerating the spread of low-carbon energy globally through the transfer of knowledge and technology.
The roundtable discussion was attended by numerous ministers, actors, economists, industrialists, and politicians, including John Kerry, the White House’s presidential envoy responsible for climate change and former US Secretary of State, as well as international experts from the Wood Mackenzie office, which specializes in energy consulting.
On the sidelines of the conference, Minister Ould Khaled met with the US ambassador, John Kerry.