Schneider Electric, the global leader in the digital transformation of energy management and automation, announced the signing of a partnership agreement with GIZ Egypt on behalf of the German Federal Ministry of Economic Cooperation and Development (BMZ) through the Private Sector Innovation Project (PSI II. The partnership aims to support the implementation of the global ClimAccelerator programme in Egypt, which is locally operated through Athar Accelerator in collaboration with Climate-KIC. This step aligns with Schneider Electricโs commitment to leading electrification, automation, and digitalisation across industries, businesses, and homes, while delivering practical solutions that enhance efficiency and sustainability for all.
As part of this partnership, Schneider Electric will participate as the sustainability and technology partner for the ClimAccelerator programme, providing technical support and specialized mentorship to participating startups based on their needs and alignment with the companyโs expertise in sustainability, energy management, and digitalisation.
Through the Private Sector Innovation Project, GIZ Egypt in collaboration with Climate-KIC, will oversee the implementation of the ClimAccelerator programme, which aims to support five climate-tech startups through a climate-focused training programme, technical assistance for climate impact assessment, and milestone-based funding to help develop and scale their innovative climate solutions.
Commenting on the partnership,ย Asmaa El Shiemy, Sustainability Senior Manager,ย Africa atย Schneider Electric, stated: โOur commitment to creating a positive and lasting impact in Egypt is rooted in our role as a trusted partner in energy technology and sustainability, supporting the climate innovation ecosystem. We firmly believe that empowering climate-tech and clean-energy startups is a fundamental pillar in building a resilient and sustainable economy. Addressing todayโs environmental challenges requires integrated efforts and strong strategic partnerships among the private sector, international institutions, and entrepreneurs to accelerate the development and adoption of innovative climate solutions and support the sustainable energy transition.โ
She added, โWe are pleased to collaborate with a leading international organization such as GIZ to empower climate-tech entrepreneurs, by equipping them with the technical expertise and advanced solutions they need to transform their ideas into projects with tangible environmental and economic impact, directly contributing to Egyptโs sustainability agenda and the achievement of Egypt Vision 2030 goals.โ
Svenja Brachmann, Head of Private Sector Innovation Project (PSI II) at GIZ Egypt, commented: โAt GIZ, we believe that impactful climate action can go so much farther if the whole ecosystem works together. Through our partnership with Schneider Electric, the ClimAccelerator creates a collaborative space where agile startups and corporates with their capabilities can come together to co-develop and scale innovative climate solutions for Egypt.โ
The ClimAccelerator programme aims to accelerate the adoption of innovative climate solutions in the Egyptian market by providing, specialised training programmes, advanced tools for assessing the climate impact of projects and milestone based financial support necessary for startup growth and expansion. This directly contributes to Egyptโs transition toward a green economy and accelerates the adoption of low-emission, resource-efficient solutions as a cornerstone for building a sustainable future.
This agreement reflects Schneider Electricโs comprehensive vision of integrating technological advancement with environmental responsibility, highlighting the critical role of digital solutions and data management in building smart and sustainable green cities and communities. It also underscores the companyโs commitment to developing the capabilities of young Egyptian entrepreneurs and startup leaders in energy management and clean technology. Furthermore, this collaboration demonstrates Schneider Electricโs long-term commitment to leveraging its technological expertise to enable various sectors to achieve greater energy efficiency and build more sustainable and resilient business models.
