Jordan and the World Bank (WB) have signed two loan agreements worth USD 650 mn to finance two projects targeting climate responsive public and private investments and improvements to the country’s electricity sector, according to a statement. The agreements were signed on the sidelines of the World Bank Spring meetings in Washington. Where’s the money […]
Author Archives: enterpriseam admin
Can healthtech reduce the carbon footprint of MENA’s healthcare sector?
How healthtech can reduce MENA’s healthcare emissions: Healthcare has one of the biggest carbon footprints globally — accounting for 4.4% of emissions worldwide — which would make it the fifth largest emitter of carbon were it a country, according to a report by sustainable development firm Arup and NGO Health Care Without Harm. In most […]
Egypt plans to launch a sustainable debt alliance in September
Sustainable Debt Alliance by Egypt coming our way this year? Egypt plans to launch the Sustainable Debt Alliance in September to regulate sustainable debt transactions and lift debt burdens for emerging markets, Finance Minister Mohamed Maait said in a speech on the sidelines of the IMF / World Bank spring meetings in Washington. 20 countries […]
Five African countries receive funding for nature restoration projects + The UK exploring minerals extraction + Funding for Tanzanian hydropower gets a boost
Burundi, Kenya, Congo, Ghana, and Rwanda receive funding for nature restoration: The World Resources Institute has secured USD 100 mn from the Audacious Project funding initiative to accelerate nature restoration activities in three African regions over the next four years, Bloomberg reports. The grant will be used to encourage tree planting and deepen local knowledge […]
More advances in generating hydrogen production with solar energy
More efficient hydrogen production on the way: A team of researchers at the Swiss Federal Institute of Technology has developed a prototype of electrolyzer-packed solar cells to produce green hydrogen more efficiently, according to research published by Nature. Green hydrogen production typically involves channeling solar and wind power to electrolyzers to split water molecules into […]
APRIL 2023 29-30 April (Saturday-Sunday): First COP27 transitional committee workshop, Bonn, Germany. MAY 2023 1-4 May (Monday-Thursday): Arabian Travel Market, Dubai, UAE. 2-7 May (Tuesday-Sunday): Salon International de l’Agriculture au Maroc (SIAM), Meknes, Morocco. 4-6 May (Thursday-Saturday): International 100% Renewable Energy Conference, Istanbul, Turkey. 8-10 May (Monday-Wednesday): Global Green Future Fuel, Dubai, UAE. 8-10 May […]
TODAY: Taqa pricing a new two-tranche green bond + Adnoc partners with Kawasaki on low-carbon hydrogen value chain
Good morning, wonderful people. We have a busy morning with lots of news emerging from the UAE over the long weekend and a roundup of what happened on the climate front at the G7 meetings in Japan. Let’s jump right in. THE BIG CLIMATE STORY- The UAE’s Taqa is moving forward with a two-tranche green […]
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UAE’s Taqa is moving forward on another green bond issuance
The UAE’s state-owned Abu Dhabi National Energy Company (Taqa) was set to price a two-tranche green bond yesterday, Reuters reported, citing a bank document it has seen. The move came a week after Taqa mandated banks for the senior unsecured bond issuance following the launch of its Green Finance Framework. This will be Taqa’s second […]
UAE’s Adnoc partners with Japan’s Kawasaki on hydrogen value chain
Adnoc + Kawasaki strengthen low-carbon hydrogen value chain: The Abu Dhabi National Oil Company (Adnoc) signed an agreement with Japanese manufacturing giant Kawasaki to explore joint production, liquefaction, and transport mechanisms for low-carbon hydrogen for delivery to international markets, according to a company tweet yesterday. The timeline and financials of the partnership were not disclosed. […]