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EU adopts EUR 115 mn agricultural and forestry program from Morocco: The European Union adopted a EUR 115 program contributing to Morocco’s “Green Generation” and “Moroccan Forests” national strategies until 2030, according to an EU statement. The strategies aim to protect and manage the country’s forestry and agriculture, bolstering sustainable agriculture value chains, and ensuring […]
Unicorns of the sea are adapting to climate change, but it may put them at risk: Narwhals have been delaying their seasonal migration to adapt to the effects of climate change, which leaves them at risk of being trapped if extreme weather events occur suddenly, according to new research by the University of Windsor. Migration […]
OCTOBER October: Approval of EU draft document pushing countries participating in COP27 to improve their climate change targets. 29 October (Saturday): Deadline to apply for The International Renewable Energy Agency’s Youth Forum in Abu Dhabi, UAE. 30 October-2 November (Sunday-Wednesday): International Investment Forum for Renewable Energy and Energy Efficiency in MENA, Amman, Jordan. 31 October […]
Good morning, wonderful people — and welcome to another packed issue of Enterprise Climate. We have tons of stuff to talk about, so let’s jump right in: THE BIG CLIMATE STORY- Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has set up a regional voluntary carbon market company. It helped facilitate an auction […]
Saudi Arabia’s PIF sets up carbon market: Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has set up a regional voluntary carbon market company, it announced in a statement on Sunday. The PIF holds an 80% stake in the new company, while the Saudi exchange, Saudi Tadawul Group, holds the remaining 20%, according […]
UAE’s Masdar acquires UK energy storage firm Arlington Energy: Emirati renewables company Masdar has acquired UK-based battery energy storage system (BESS) outfit Arlington Energy, the company said in a statement yesterday. No information was provided on the value of the transaction. Tapping into Europe: The acquisition will allow the companies to develop, construct, manage, and […]
Egypt signs PPP agreement for electric train project: The National Authority forTunnels, El Didi Group and Gama Construction signed an MoU for an electric train project under a public-private partnership framework at the Egypt Economic Conference, cabinet announced on Monday. The agreement will see the establishment of a joint venture to build, operate, maintain, and […]
Qatar Airways will purchase 5 mn gallons a year of sustainable aviation fuel (or “SAF” in industryspeak) from US renewable chemicals and advanced biofuels company Gevo, according to a company statement published yesterday. The agreement sets out the terms for the fuel purchase over the coming five years, subject to conditions including Gevo’s commitment to […]
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