GREEN POLICY-

Tunisia launches interministerial ecological transition network: Tunisia has launched the Interministerial Network for Ecological Transition to monitor progress of the 2035-2050 National Strategy for Ecological Transition, Tap reports. The network aims to inform, raise awareness, and monitor the implementation of the strategy’s measures. The network will be made up of representatives from the Presidency, the Prime Ministry, and various ministries.

About the strategy: The pillars of the strategy include governance and financing, climate change, and sustainable resource management. The strategy focuses on mitigating desertification and building drought resilience, as well as encouraging sustainable consumption to reduce pollution, and developing a culture, science and knowledge of ecological transition.

IN OTHER TUNIS NEWS- BYD considers investing in Tunisia’s electric transport sector: Tunisia’s Minister of Industry, Mines, and Energy Fatma Chiboub Thabet and General Manager of BYD Middle East and Africa met to discuss cooperation in electric transport development, Tap reports. BYD expressed interest in investing in the sector and the renewables field in the country. Several international companies have expressed similar interest in the automotive industry, Tap wrote, citing a statement.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

  • Abu Qir Fertilizers invests in 2 energy projects: Abu Qir Fertilizers is set to invest USD 6.7 mn to establish a 2.5 MW solar plant and a project to replace natural gas with hydrogen. The projects will be financed by the company itself and will reduce its reliance on government energy sources by 10% to 20%. (Zawya)
  • Islamic banks launch GHG accounting tool: The General Council for Islamic Banks and Financial Institutions — in collaboration with the Islamic Development Bank — has launched a Greenhouse Gas Calculation Tool Guide in accordance with international standards. The tool comes under the Sustainability Document issued by the Islamic Finance Infrastructure Organizations and approved during COP28. (SPA)