Climate (MENA) 
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TODAY: Saudi’s PIF doubles down on Lucid with USD 1 bn investment
What we’re tracking this morning regionally and around the world
Most climate change indicators are threatening MENA’s economic growth, Arab Monetary Fund finds
Rising carbon emissions and land cover changes are the main issues.
China sets out legal framework for its national emissions trading scheme
The new regulations will establish an oversight system for its carbon market and require traders to devise data quality control…
Icon of the Seas sparks climate concerns over methane leakage
The ship could emit over 120% more life-cycle greenhouse gas emissions than marine gas oil
Coffee with: Farouk Jivani, Founder and CEO of Zeroe
UAE-based Zeroe’s AI-powered carbon management platform allows companies to comprehensively measure their carbon footprint
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…
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