The Environment and Renewable Energy Salon is an important opportunity to attract investments – Algerian Dialogue

The Director General of the National Institute for Environmental Formations, Malika Bouali, highlighted today, Tuesday, that the Third International Exhibition for Environment and Renewable Energies, which will open tomorrow, Wednesday, at the Exhibition Palace in the Maritime Pines, represents an important opportunity to attract investments in the green economy in Algeria.
Bou Ali explained on the first radio channel that the aforementioned salon (September 27 – 29) will be held under the slogan “Sustainable institutions, the engine of sustainable development and the green economy in Algeria,” in the presence of South Korea, the guest of honor, and the participation of 150 Algerian and foreign institutions in the first session after the Corona pandemic, noting that The last salon was held in 2019.
Bouali said that the demonstration, which is being held under the supervision of the Ministry of Environment and Renewable Energies and the High Patronage of the President of the Republic, is an interactive platform concerned with all aspects and prospects of renewable energies and the green economy.
The salon will witness the participation of academics and experts, as well as 18 emerging institutions that will be present to showcase their projects, in addition to representatives of civil society, amid a bet on transferring knowledge, experiences and technologies to emerging youth interested in delving into clean energies.
Algeria has a huge pool of renewable energies in the form of sun, wind, geothermal energy, and waste. Bouali noted that the green economy is considered one of the ways to achieve sustainable development in its four dimensions, focusing on Algeria’s development direction to move to the green economy and renewable energies.
The first guest continued: “The salon is an opportunity to learn about Algeria’s capabilities, especially since the green economy and renewable energies have become a strategic option for Algeria.”
Bou Ali added: “There is an aspiration to connect remote areas with clean energy, develop green projects and activate the legislative framework by updating the legal texts for the transition to the green economy.”
The speaker noted that Algeria has taken the environmental dimension to a very large extent. Since 2001, Algeria has issued several laws to protect the environment, and has also developed a national climate plan that was adopted in 2019, in addition to ratifying international agreements on climate, and implementing them nationally through environmental and sustainable development strategies and law. Algeria has introduced Seven environmental institutions, with 48 environmental directorates, as well as dozens of environmental houses.
Bouali focused on the Algerian model for valuing household waste, which is based on integrated waste management, adding that the model focused on valuing waste to produce other resources that have added value in all fields of renewable energies.
It noted that all mechanisms and policies in Algeria have encouraged and continue to encourage engaging in renewable energies and the green economy, and then the energy transition in Algeria, reiterating that its interests are working to accompany and train young people to raise their capabilities after our practical training for hundreds of young people.
Bou Ali identified the constraints present in waste management, when “diagnosing recyclable waste by knowing the waste that can be recycled,” and “waste recovery is a complex process that requires the combined efforts of all sectors,” in addition to “the necessity of introducing banks into financing projects and enabling young people to access this sector.” Investments,” “reducing tax duties,” not to mention the necessity of ending the use of fossil fuels in energy manufacturing.
She continued: “We are in the process of updating and reviewing the waste treatment law. With the worsening environmental pollution and the risks of climate change across the world, it has become necessary to review the laws and respond to the requirements of the green economy and sustainable development.”
Bu Ali stated that scientists have warned of the huge losses to the environment in all countries, amounting to 5 to 7 percent of the gross domestic product, as environmental degradation causes a waste of resources and a waste of money.