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Posted inCOP Watch

Somber warnings as world leaders’ summit kicks off at COP27

COP27 got underway in earnest yesterday with some world leaders pressing calls to action to prevent “climate catastrophe”: World leaders struck a serious and somber note with warnings of “irreversible” climate chaos and calls for cooperation and shared responsibility on the first day of the COP27 leaders’ summit yesterday. Inaugurating the conference, President Abdel Fattah […]

Posted inCLIMATE CEO POLL

The Enterprise Climate CEO Poll: Signify’s Mohamed Saad

Welcome to the Enterprise Climate CEO poll: With all eyes on Sharm El Sheikh as COP27 continues, Enterprise Climate and EnterpriseAM are presenting our inaugural Climate CEO Poll, a series of interviews with top CEOs attending the summit to discuss key issues including climate finance, regulation, and the green economy. Mohamed Saad (LinkedIn) is president and […]

Posted inCLIMATE FINANCE

Apicorp signs USD 75 mn Islamic financing agreement for voluntary carbon offsets

Apicorp inks MENA region’s first Islamic financing agreement for voluntary carbon offsets: Saudi Arabian energy-focused multilateral financial institution Arab Petroleum Investment Corporation (Apicorp) has signed a USD 75 mn murabaha agreement with global energy and commodities firm Hartree Partners to fund voluntary carbon offsets, according to a company press release. What is murabaha? It’s an […]

Posted inUncategorized

** 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 / […]

Posted inALSO ON OUR RADAR

OC brings sustainable 3D printing tech to Egypt + Germany, Egypt to share green hydrogen production tech

Orascom Construction explores 3D printing construction tech: Global engineering and construction contractor Orascom Construction is collaborating with Denmark’s COBOD to begin using 3D printing construction technology in Egypt, according to a statement (pdf) released last week. The Egyptian-Dutch cooperation will explore using the technology in printing entire buildings for more environmentally sustainable construction by reducing […]

Posted inAROUND THE WORLD

Abdul Latif Jameel Energy’s FRV acquires majority stake in Greek battery energy storage company Wootis SA

FRV buys majority stake in Greek BESS facility: Spain-headquartered Fotowatio Renewable Ventures (FRV) acquired a majority stake in Greek renewables company Wootis SA’s 600 MW battery energy storage system (BESS) project, according to a company statement. The BESS facility is set to become operational between 4Q 2023 and 2Q 2024, the statement notes. The details […]

Posted inON YOUR WAY OUT

Amphibious electric aircraft powered by solar in the works

Amphibious electric aircraft unveiled during Abu Dhabi Air Expo: Swiss aviation startup Jekta Swiss Aviation showcased a model of its net-zero 19-seater electric airplane, which will enable people in coastal regions to travel using water routes, the National reports. The fully electric sea-faring aircraft is able to land on water and dry land, traveling within […]

Posted inCALENDAR

NOVEMBER 7-18 November (Monday-Friday): Egypt will host 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 […]

Posted inWHAT WE’RE TRACKING TODAY

TODAY: Loss and damage financing on the COP agenda + Saudi’s EV strategy moves ahead + Carbon markets are cropping up everywhere

Good morning, wonderful people. We have a stacked issue for you this morning, between COP27 kicking off in Egypt’s Sharm El Sheikh and a handful of other green news from around the region. But first… We’re proud to announce that the Enterprise Climate X Forum, our first industry-specific conference is, taking place on Tuesday, 6 […]

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