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The clean tech startup greenifying cement production: US-based clean tech company Sublime Systems — which has raised USD 50 mn to date — is using electricity instead of carbon-intensive heating processes to produce cement, CNBC writes. A quick lesson: Cement powder is produced by crushing raw materials including limestone and clay with ingredients such as […]
Author Archives: enterpriseam admin
Posted inCALENDAR
JULY 2023 3-7 July (Monday-Friday): The 36th Conference of the International Association of Climatology, Bucharest, Romania. 15-16 July (Saturday-Sunday): Second COP27 transitional committee workshop, Bangkok, Thailand. TBD: Egypt’s post-COP27 Environmental and Climate Investment Forum, hosted by Egypt, Switzerland and UNIDO. AUGUST 2023 20-24 August (Sunday-Wednesday): World Water Week 2023, Stockholm, Sweden. 21-22 August (Monday-Tuesday): International […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Paris summit ends with mixed results + European banks are looking at climate-related liquidity risks
Good morning, ladies and gents. We have a busy issue this morning as the region squeezes in its final couple of workdays before adjourning for Eid Al Adha — which brings us to a quick programming note: Enterprise Climate will be taking a publication holiday starting tomorrow in observance of Eid Al Adha and the […]
Posted inUncategorized
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Posted inCLIMATE POLICY
Paris summit concludes with some progress, yet fails to provide lifeline for debt-distressed nations
A lifeline lost for debt distressed nations: A Paris summit last week meant to address global finance sealed some notable victories, but came to a close without securing much-needed relief for poorer debt-distressed countries ahead of climate talks at COP28 later this year. The Summit for a New Global Financing Pact saw 40 world leaders […]
Posted inINVESTMENT WATCH
Morocco, Holland set up EUR 300 mn investment fund for infrastructure + renewables projects
A big boost to Morocco-Dutch relations: Morocco and the Netherlands have agreed to set up a EUR 300 mn investment fund directed to infrastructure and renewable energy projects, Hespress reported last week. The fund is part of one of the two MoUs signed between the two nations to bolster cooperation in sustainable development, public infrastructure, […]
Posted inUncategorized
Posted inDEBT WATCH
Egypt’s next sovereign green bond sale may see AIIB as its guarantor
AIIB may back Egypt’s upcoming second sovereign green bond sale: Egypt’s government is reportedly in talks with the Asian Infrastructure Investment Bank (AIIB) to guarantee an upcoming green bond issuance, AIIB President and Chairman Jin Liqun is quoted as telling Bloomberg on the sidelines of the Summit for a New Global Financing Pact in Paris […]
Posted inCLIMATE FINANCE
World Bank lends Tunisia USD 268 mn for its planned interconnector with Italy
World Bank approves USD 268 mn Tunisia-Italy interconnector: The World Bank Group (WBG) signed off on Wednesday on a USD 268.4 mn loan to Tunisia that will be used to finance its planned electrical interconnection project with Italy, the bank noted in a statement. The project: Dubbed Elmed, the 600 MW subsea interconnector would link […]
Posted inGREEN HYDROGEN
Oman’s Hydrom awards two new green hydrogen blocks
Oman’s state-owned hydrogen company Hydrom has awarded two green hydrogen blocks that are expected to rake in investments exceeding USD 10 bn, the Times of Oman reported last week. A USD 6.7 bn contract was awarded to a consortium led by South Korea’s steelmaking company Posco Group, and another was secured by the Hyport Coordination […]