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Stellantis ups its investment in Mubadala-backed Archer Aviation by USD 55 mn
Archer’s debut aircraft has successfully completed a transition flight.
The World Bank’s new guarantee platform is online
The platform will prioritize high-impact projects in energy access and climate action.
TODAY: Green ammonia updates from Egypt + SIRC launches mega waste-to-fuel plant
What we’re tracking this morning regionally and around the world
Morocco’s climate resilience program gets a boost from the Opec Fund
USD 100 mn will go to the kingdom’s climate resilience efforts
The Egypt-EU Investment Summit brings in a pile of green hydrogen agreements
Scatec, EDF, Fertglobe, Yara, and others will all establish green hydrogen and ammonia projects in the country
Green finance updates from Oman + Irena
Stories on our radar this morning from around the region
World Bank extends USD 700 mn in development financing for Egypt
The money will be used in part to carry out reforms in Egypt’s renewable energy sector
Brookfield wants to drum up USD 5 bn for Alterra-backed climate fund
The UAE’s Catalytic Transition Fund has already pledged USD 1 bn during COP28
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