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A rundown of major financing commitments at COP29 so far
These include MDBs committing USD 120 bn for low- and middle-income nations
Acwa begins operations of 600 MW solar project + reaches financial close on Azerbaijan wind farm
The project is set to be KSA’s largest solar PV plant
Masdar inks agreement for 1 GW wind farm in Uzbekistan
The project is part of a broader plan to build 2GW of wind capacity across Uzbekistan
CDG snaps up stake in Gotion
Gotion is constructing a USD 1.3 bn EV battery gigafactory
IMF disburses Morocco USD 415 mn to support its green transition
This comes as a part of the Resilience and Sustainability Facility which now totals USD 747 mn for Morocco
EDB extends USD 27 mn to Yellow Door Energy for solar projects
DEBT WATCH- EDB finances YDE’s solar projects: Emirates Development Bank (EDB) signed a USD 27 mn financing agreement with Yellow Door Energy (YDE) to support the development and operation of over 60 solar plants across the UAE, according to a statement. Yellow Door will use the funds to lease solar power plants through solar leases […]
Austria lower emissions again
This marks the third consecutive year of emissions reductions
NOVEMBER 2024 11-22 November (Monday-Friday): United Nations Climate Change Conference or Conference of the Parties (COP29), Baku, Azerbaijan. 11-14 November (Monday-Thursday): Abu Dhabi International Petroleum Exhibition & Conference, Abu Dhabi, UAE. 18-19 November (Monday-Tuesday): G20 Summit, Rio de Janeiro, Brazil. 19-22 November (Tuesday-Friday) Aquaculture Africa 2024, Hammamet, Tunisia. 26- 27 November: (Tuesday - Wednesday): World […]
TODAY: Turkey reaffirms its bid to host COP31 + Shell appeals court-mandated emissions cuts
Good morning, friends. It’s another day led primarily by news coming out of COP29 in Baku, although more of the focus is on what’s happening on the sidelines of the annual climate summit. Saudi Arabia launched the Regional Voluntary Carbon Market Company’s new carbon trading platform, with the first auction taking place yesterday, while a […]