Qatar, UBS could set up USD 500 mn green investment vehicle: The Qatar Financial Center (QFC) has signed a letter of intent with UBS Asset Management to work on a green private markets initiative that will invest in several sectors including energy storage, eco-transport, food security and environmentally-friendly tech, QFC announced in a statement last […]
Author Archives: enterpriseam admin
This publication is proudly sponsored by
Adnoc is now exporting blue ammonia to Europe
The UAE’s state-owned Abu Dhabi National Oil Company (Adnoc) sent its first low-carbon ammonia shipment to Europe, the company saidin a statement on Thursday. Their initial trial shipment, destined for Hamburg-headquartered copper producer Aurubis, is the first of several low-ammonia cargoes bound for Germany. A test case for low-carbon ammonia as fuel: Aurubis will use […]
Aramco makes big (and small) plays into renewables
Aramco’s Sabic looks to inject renewables into the petrochems industry: Saudi Basic Industries Corporation (Sabic), the chemicals manufacturing arm of oil giant Aramco, is testing out a new piece of technology that could potentially cut emissions from an energy-intensive production process by at least 90%, the company said in a statement Thursday. Sabic is working […]
Another phase of Dubai’s 900-MW solar park is now complete
Phase ‘B’ of the 900-MW of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai is now complete, according to a statement issued on Friday by China’s Shanghai Electric, the project’s contractor. Work on phase ‘C’ is said to be “well underway” and on track to be completed in 2023. OTHER STORIES WORTH KNOWING […]
South Africa is going to have to pay to end its addiction to coal
That USD 8.5 bn in climate finance for South Africa? It’s going to have to pay back more of it than it first thought: Around 80% of the USD 8.5 bn pledged by wealthy nations to help South Africa reduce its emissions will be made up of low-interest loans, rather than grants, Reuters quotes a […]
It’s moving day in Zimbabwe — well, for animals
Wildlife on the move in Zimbabwe: Zimbabwe began moving more than 2.5k animals from a southern reserve to another one further up north to protect them from prolonged drought, NPR writes. This is the first time in 60 years that the country has resorted to such measures to protect its wildlife. Project Rewild Zambezi is […]
SEPTEMBER 3-5 September (Saturday-Monday): Ain Shams University’s Regional Action on Climate Change conference in Ain Shams University, Cairo, Egypt. 5-8 September (Monday-Thursday): Gastech, Milan, Italy. 6 September (Tuesday) Egyptian Center for Economic Studies (ECES) Carbon Market Webinar (online) 7 September (Wednesday): The Euromoney Saudi Arabia Conference with a special workshop on ESG and climate change […]
TODAY: Qatar has big hydrogen plans + 35k people registered for COP27 + Arabian Gulf is too hot for Iran’s nuclear power plants
Good morning, MENA — wow, did you keep us busy yesterday. We’re kicking off September with a bang, kicking yesterday’s one-day climate news drought to the curb as the new month gets underway with a deluge of announcements from different corners of the industry. This is our final issue of Enterprise Climate for the week. […]
This publication is proudly sponsored by