I became Suez Canal Among the bodies that have placed the activities and principles of the blue economy at the top of their ambitious strategic priorities in the coming period, which has become a major pillar of the global economy.
The concept of the blue economy, for those who do not know it, relates to controls on the sustainable use and preservation of water resources. It includes oceans, seas, lakes and rivers, and aims to direct economic growth, improve livelihoods, and provide job opportunities, in a way that ensures the preservation of the environment and biological diversity.
The Suez Canal Authority adopts the “Green Canal 2030” strategy, which aims to transform into a green canal that contributes to reducing carbon emissions for ships operating between Asia and Europe. The Suez Canal succeeded in reducing 55 million tons of carbon emissions and reducing fuel consumption by 17 million tons during the year 2023.
The Suez Canal Authority’s plans focused largely on enhancing the use of clean energy in the authority’s various facilities and units, as well as starting the activity of collecting waste from ships crossing the Suez Canal in partnership with the Greek Anti Pollution Company, so that the canal becomes a role model for sustainable, environmentally friendly shipping lanes, recognized by international bodies and institutions. The most recent of which is the statement of the United Nations Trade and Development Organization (UNCTAD), which stressed that there is no alternative to the Suez Canal between the routes of Asia, Europe, and North Africa.
Development and modernization work went hand in hand with clean energy plans, as it achieved an unprecedented development boom in navigational channel development projects and associated infrastructure and logistical projects, to provide a promising model for integrated navigational and maritime services, the most prominent of which is the project to develop the southern sector of the canal, which will contribute to Increasing the navigational safety factor by 28%, in parallel with working to implement a plan to build and develop 3 marinas for yachts in the three canal cities.