Morocco is among the world’s top performers on net zero targets: Morocco has come in eighth on a list of 64 countries including top performers like Denmark, Norway, and Sweden, according to The Climate Change Performance Index of 2022. The North African country scored “very high” ratings across categories including GHG emissions, renewable energy projects, […]
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The Patterns of the Past — the Promise of Tomorrow
Watch a timelapse of climate change in Australia and Africa: The Patterns of thePast — the Promise of Tomorrow is a 9-minute film showing the impact of climate change using four years worth of via satellite imagery from the Digital Earth Australia and Digital Earth satellite platforms. Both continents have rich biodiversity and face similar […]
NOVEMBER 7-18 November (Monday-Friday): Egypt hosts COP27 in Sharm El Sheikh. 23-24 November (Wednesday-Thursday): Global Conference on Sustainable Partnerships, The Ritz-Carlton, Riyadh, Saudi Arabia. Deadline of bid submissions for the Ras Mohaisen – Baha – Makkah Independent Water Transmission Pipeline in Saudi Arabia. DECEMBER 6 December (Tuesday): Enterprise Climate X Forum, Cairo, Egypt. 7 December […]
TODAY: Egypt lands USD 83 bn worth of green hydrogen and ammonia projects + Empower’s shares rise 2.23% on first day of trading
Good morning, nice people. It’s day 10 of the summit and all eyes are on the delegates hammering out details on a possible agreement in the run up to Friday. THE BIG CLIMATE STORY? It’s largely the same as yesterday, really: Word on the street is that frustrations are rising, but COP27 President Sameh Shoukry […]
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Egypt signs framework agreements for green hydrogen + ammonia plants worth USD 83 bn
Another step forward to becoming a global green energy hub: Egypt has signed framework agreements with international power companies to construct nine green hydrogen and ammonia facilities in the Suez Canal Economic Zone, the cabinet announced in a series of statements (here, here and here) yesterday. The facilities would collectively produce up to 7.6 mn […]
A good first day for Empower’s DFM debut
Emirates Central Cooling Systems Corp. (Empower) saw its shares rise 2.23% in its first day of trading on the Dubai Financial Market (DFM) under the ticker EMPOWER, according to market data. Empower’s shares closed at AED 1.36 after debuting at AED 1.33. REFRESHER- The company sold a 20% stake (2 bn shares) in its IPO, […]
Egypt’s Shoukry is optimistic about delegates reaching an agreement
Will we see an agreement hammered out by Friday? COP27 President and Egyptian Foreign Minister Sameh Shoukry is “optimistic” that COP27 will yield an agreement on loss and damage, he told Bloomberg in an interview yesterday (watch, runtime: 11:07). Shoukry reiterated that loss and damage, how to plug climate finance gaps to keep the 1.5°C […]
** SHARE ENTERPRISE CLIMATE WITH A FRIEND ** Don't let your friends to miss out on Enterprise Climate. Point them to our subscription page here so they're up to date on the latest green economy news from MENA. Enterprise Climate is available without charge and delivered straight to your inbox Monday-Thursday at 6am UAE / […]