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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…
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
A rundown of major financing commitments at COP29 so far
These include MDBs committing USD 120 bn for low- and middle-income nations
EBRD to launch climate risk tool with QNB for Egyptian SMEs
Stories on our radar this morning from around the region
EBRD mulling financing for Scatec + Hassan Allam, Acwa projects
When operational, the project will offset 2.4 mn tons of carbon dioxide annually and produce enough power for nearly 1.1…
OQ subsidiary to list 49% stake on Muscat Stock Exchange
Stories on our radar this morning from around the region
Global GDP at risk due to modest investments in climate mitigation
Global losses could reach 14% of GDP by 2050, but Sub-Saharan Africa and Asia will be hit hardest
IFC backs Turkish cement maker with USD 70 mn decarbonization loan
The money will go towards Çimsa Çimento’s decarbonization efforts
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