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KSA unveils 66 new climate programs to scale climate action: Saudi Arabia presented 66 new initiatives designed to scale climate action as part of the Saudi Green Initiative (SGI) launched at COP26, Arab News reports. The new programs are classified according to four thematic areas, SGI project manager Albaraa Aldhahri told the news outlet: The […]
Author Archives: enterpriseam admin
Posted inDESALINATION
UAE’s Metito will double capacity of Fujairah Port desalination plant
UAE-based Metito will develop phase 2 of the country’s Fujairah Port desalination plant, Zawya reports. The sustainable water management solutions company will lead the engineering, procurement, and construction of a water treatment facility with a capacity of 3.5k cubic meters (cbm) of water per day. No financial details were announced as of yet. Expansion will […]
Posted inUncategorized
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Posted inALSO ON OUR RADAR
Israel’s Biotic gets EUR 2 mn in funding
Israeli plastic-substitute company Biotic raised EUR 2 mn (USD 2.01 mn) in a seed round, according to a press release. Biotic produces biodegradable plastic by processing extracts of the carbon source of biomass — a macroalgae which grows in the ocean — using saline water. The funds will be used to increase the range of […]
Posted inON YOUR WAY OUT
Good and bad news: We might have fewer insects bugging us, but their climate-induced forced migration has serious impacts on our ecosystem
Global warming is causing insects to decamp to colder pastures: Bees, butterflies, and other pollinating insects critical to our food supplies are migrating to cooler climates to escape rising global temperatures, according to research out of the University of Maryland published in Science Daily. Most insects are ectothermic, which means they are unable to regulate […]
Posted inCALENDAR
NOVEMBER 7-18 November (Monday-Friday): Egypt hosts COP27 in Sharm El Sheikh. 15 November (Tuesday): Hawkamah Annual Conference (Building Investor Confidence Through Governance), Dubai, UAE. 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 […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: COP27 Presidency launches Adaption Agenda + Five countries commit to loss and damage financing + Green hydrogen steals the spotlight
Good morning, friends — it’s day four of COP27 and we have a torrent of news for you. As it has been since the start of the week, the summit is the BIG CLIMATE STORY EVERYWHERE: The COP27 Presidency launched the Sharm El Sheikh Adaptation Agenda yesterday with key targets for collective adaptation action, in […]
Posted inUncategorized
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Posted inCOP WATCH — PUBLIC POLICY
COP27 Presidency launches the Sharm El Sheikh Adaptation Agenda
Adaptation was the big theme of discussions at the COP27 leaders’ summit yesterday. Day three of COP27 saw speakers and organizers hone in on the need for meaningful measures on adaptation and more climate finance for communities vulnerable to climate change. The highlights: Adaptation agenda unveiled: The COP27 Presidency took the lid off an ambitious […]
Posted inCOP WATCH — CLIMATE FINANCE
Loss and damage financing gets another boost — but adaptation-focused financing is key, policymakers say
On the financing front, we saw yesterday a handful of fresh funding commitments, including more countries committing to loss and damage financing and a new “trust fund” to pool together resources to finance the green transition. Heads of state and other big names in the climate scene continued to stress on the importance of equitable […]