The funding will be used to fight land degradation, desertification, and drought
Author Archives: enterpriseam admin
Green finance, district cooling, and waste management updates from Turkey, UAE, and Egypt
Stories on our radar this morning from around the region
Ecuador is gearing up for its second debt-for-nature swap
Proceeds from the swap will be funneled into protection efforts of the Amazon rainforest.
DECEMBER 2024 2-13 December (Monday-Friday): Conference of the Parties (COP16) to the United Nation Convention to Combat Desertification, Riyadh, Saudi Arabia. 3-4 December (Tuesday-Wednesday): MSGBC Oil, Gas & Power 2024 conference, Dakar, Senegal. 3-5 December (Tuesday-Thursday): World Energy Storage Conference, Doha, Qatar. 4-6 December (Wednesday-Friday): International Conference on Smart Power & Internet Energy Systems, Abu […]
TODAY: AfDB approves USD 170 mn for Egypt wind project + Climate Investment Bond’s first bond issuance of USD 500 mn
What we’re tracking this morning regionally and around the world
AfDB approves USD 170 mn loan for Acwa Power + Hassan Allam wind project
The 1.1 GW wind farm is being developed by Acwa Power and Hassan Allam and is set to be the largest in Africa and the Middle East
A raft of renewable energy project updates from Saudi
EDF will develop two solar parks totaling 1.4 GW, TotalEnergies signed a 25-year PPA with the SPPC for the 300 MW Rabigh 2 project, and SAF got a mention
The CIF is lining up a USD 500 mn bond issuance to support developing countries
The proceeds from this issuance are intended to drive investments in renewable energy