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Good morning, nice people. The mid-week news cycle slowdown is continuing on the climate front, but there are a couple of ripples to take note of. THE BIG CLIMATE STORY- UAE’s Masdar signed an agreement with French aircraft manufacturer Airbus to jointly develop sustainable aviation fuels, green hydrogen, and direct air capture technologies and Abu […]
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Posted inAVIATION
Masdar and Airbus partner on sustainable aviation fuel production
Masdar and Airbus team up on SAF production: UAE renewables company Masdar signed an agreement with French aircraft manufacturer Airbus to jointly develop sustainable aviation fuels, green hydrogen, and direct air capture technologies, according to a statement. The agreement also sees the companies jointly launching a book and claims framework that would enable aircraft operators […]
Posted inDEBT WATCH
Aldar Investment Properties might be lining up a green sukuk issuance
Abu Dhabi’s Aldar Investment Properties — a unit of Aldar Properties — plans to issue its inaugural green USD-denominated Islamic bonds, Reuters reports, citing a document it has seen. The company asked banks to arrange a global investor call, followed by one-on-one small group fixed income investor calls. The document showed that a USD-denominated benchmark […]
Posted inUncategorized
Posted inAutomotive
Morocco unveils first hydrogen-powered prototype in automotive push
Big news for Morocco’s automotive industry: Morocco’s NamX has unveiled a hydrogen-powered vehicle prototype designed in collaboration with Italian design office Pininfarina, Maghreb Arab Press reports. The prototype — dubbed Hydrogen Utility Vehicle (HUV) — will be powered with hydrogen through a central tank complemented by six removable capsules, facilitating a quicker hydrogen recharge. REMEMBER- […]
Posted inGREEN FINANCE
Irena and India’s G20 Presidency publish a report on low-cost finance for the energy transition
Irena releases a report on financing the energy transition: An annual global investment of over USD 4.4 tn is needed to raise the share of renewable energy in the primary energy mix from the current 20% to the 75%, according to a report (pdf) by the International Renewable Energy Agency (Irena) and India’s G20 Presidency. […]
Posted inCLIMATE DIPLOMACY
Morocco and Belgium’s Wallonia Region to collaborate on energy-water nexus
Morocco and Belgium’s Wallonia Region have agreed to collaborate in five key fields including the energy-water nexus, Morocco World News reported on the sidelines of a Permanent Joint Commission session held in Rabat. The energy-water nexus refers to the link between water and energy, which is important to consider when assessing low-carbon energy projects including […]
Posted inCLIMATE IN THE NEWS
Indonesia plans to issue blue bonds in Japan’s debt market
Indonesia to issue blue bonds in Japan’s debt market: The Indonesian government is looking to issue several blue bond tranches in Japan’s debt market, marking the first yen-denominated issuance by a foreign borrower, Bloombergreports. Proceeds from blue bonds — first introduced by the Seychelles in 2018 — are channeled toward investments into upscaling water resource […]
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UAE firms ramp up cooperation on radioactive waste management, solar solutions, and low-carbon aluminum
New collaboration on radioactive waste management in the UAE: Sharjah-based Beeah Group signed a joint development agreement (JDA) with British engineering and design consultancy Atkins to collaborate on projects focused on the off-site treatment of radioactive waste produced by nuclear facilities in the UAE, Beeah saidon Monday. Under the JDA, they both will identify market […]