Climate (MENA) 
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US sets methane emission fines
The fee will start at USD 900 per metric ton this year and increase to USD 1.5k by 2026
Some green finance and decarbonization updates from the UAE
DFSA and HKMA will facilitate green finance flow. Taqa to implement environmental initiatives in UAE. Huade High-Tech will help decarbonize…
Draft COP28 text falls short of calling for fossil fuel phaseout
The draft was heavily criticized for its “weak” language on fossil fuel phase out
Masdar’s COP28 train keeps rolling and it’s been a busy time for waste management agreements
Masdar plans to build green hydrogen plants with Austria’s OMV and Verbund, and is looking to supply UAE-produced green fuels…
UAE’s Neovision sets up USD 250 mn carbon credit fund + E& secures USD 100 mn green loan
The fund will earmark investments for nature-based carbon offsetting projects implemented by Global Frontier Capital
TODAY: Green finance dominates Day 6 of COP28
Good morning, nice people. The COP28 train keeps tearing through the week and the theme of today’s issue is solidly…
TODAY: UAE’s banking sector agrees to mobilize AED 1 tn in climate finance
Good morning, ladies and gents. It’s another busy day on the climate business front as COP28 rolls on. So unless…
116 countries commit to tripling the world’s renewable energy capacity and 20+ countries boost global nuclear energy efforts
Over 20 countries launch declaration to triple nuclear energy capacity
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