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Good morning, wonderful people. For anyone who has anything to do with the climate industry, the only game in town is still the ongoing fall meetings of the IMF and World Bank. As the biggest global event until COP27, you cane expect the meetings topping global climate coverage until they end on 16 October. PSA- […]
Author Archives: enterpriseam admin
Posted inUncategorized
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Posted inThe Macro Picture
What the IMF said about the global green transition
Procrastination is making the green transition costlier, says IMF: Uncertainty and concern about the green transition’s real economic cost and long-term benefits has led to policy procrastination, which, in turn, is making the green transition more expensive, according to the IMF World Economic Outlook report for October 2022 (pdf) published yesterday. The IMF’s conclusion is […]
Posted inLEGISLATION WATCH
What does the private sector want from Algeria’s new Renewable Energy Act
Algeria is aiming to push through new renewable energy legislation to spur the push to green energy, Renewable Energy Minister Benattou Ziane announced in June. The announcement was made at a gathering of business associations, with an eye to spur private investment. No draft of the bill, which is expected to become law by the […]
Posted inCLIMATE EDUCATION
MENA isn’t faring too well on overall climate change education. What’s being done?
It’s not enough to have school recycling drives. MENA’s current climate change education ambition is low, especially compared to the global average, notes a recent blog post from global organization Education International, which is running a campaign to mainstream science-based, civic action-focused climate education. Only five countries in the region — Tunisia, Jordan, Qatar, and […]
Posted inUncategorized
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Posted inALSO ON OUR RADAR
Agreement penned to ensure KSA’s Red Sea International Airport’s carbon neutrality
Saudi’s Red Sea International Airport will be fully-powered by renewables: The PIF-owned Red Sea Development Company signed agreement with Dublin-based aviation management company DAA that will it manage and operate the Red Sea International Airport in Tabuk, KSA. DAA will source 100% of the airport's energy needs from renewables, a company statement published Monday details. […]
Posted inON YOUR WAY OUT
Climate change is forcing animals out of trees
Monkey business will no longer be conducted in trees: Global deforestation is driving dozens of species of monkeys and lemurs out of trees, where they normally feed and sleep, according to a new study published in the Proceedings of the National Academy of Sciences (PNAS) on Monday. Dozens of species are now adapting to living […]
Posted inCALENDAR
OCTOBER 16-21 October (Sunday-Friday): Arab Conference of Plant Protection, Le Royal Hotel, Hammamet, Tunisia. 24-26 October (Monday-Wednesday): International Exhibition of Renewable Energies Clean Energies and Sustainable Development, Centre Des Conventions Mohammed Ben Ahmed, Oran, Algeria. 31 October (Monday): Deadline for proposals for Jordan’s USD 2 bn Aqaba-Amman desalination project. Approval of EU draft document pushing […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Egypt’s Senate approves auto bill, incl. EVs + Iraq wants 5 GW more of solar + Could we see a more climate-focused World Bank?
Good morning, wonderful people. The MENA conversation on climate is being driven by developments in Washington, DC, where bankers, investors and folks from the development finance community are gathering for the World Bank and IMF fall meetings. The gatherings got underway yesterday, and climate leapt to the forefront of the agenda after US and Germany […]