{"id":74923,"date":"2022-11-23T01:52:41","date_gmt":"2022-11-23T01:52:41","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=74923"},"modified":"2025-12-15T08:11:27","modified_gmt":"2025-12-15T08:11:27","slug":"dubai-islamic-bank-lands-a-blockbuster-maiden-green-sukuk-issue","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/dubai-islamic-bank-lands-a-blockbuster-maiden-green-sukuk-issue\/","title":{"rendered":"Dubai Islamic Bank lands a blockbuster maiden green sukuk issue"},"content":{"rendered":"<section id=\"74925\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"74925\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">WHAT WE\u2019RE TRACKING TODAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/today-dubai-islamic-banks-maiden-green-sukuk-issue-is-nearly-2x-oversubscribed-uae-passes-a-law-to-regulate-renewable-energy-distribution-a-low-low-cost-tech-for-zero-emissions-hydrogen\/\">\r\n                            TODAY: Dubai Islamic Bank\u2019s maiden green sukuk issue is nearly 2x oversubscribed + UAE passes a law to regulate renewable energy distribution + A low low-cost tech for zero-emissions hydrogen production?                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n  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href=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/today-dubai-islamic-banks-maiden-green-sukuk-issue-is-nearly-2x-oversubscribed-uae-passes-a-law-to-regulate-renewable-energy-distribution-a-low-low-cost-tech-for-zero-emissions-hydrogen\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/3491.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"74926\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/today-dubai-islamic-banks-maiden-green-sukuk-issue-is-nearly-2x-oversubscribed-uae-passes-a-law-to-regulate-renewable-energy-distribution-a-low-low-cost-tech-for-zero-emissions-hydrogen\/3491-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/3491.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"3491.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/3491.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/3491.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74925\" class=\"content-area-description single-story post-74925 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-egypt tag-enterpriseclimate tag-gcc tag-green-bonds tag-green-sukuk tag-renewables tag-saudi-arabia tag-sustainability tag-uae tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Good morning, ladies and gents. <\/strong>If you\u2019re still in disbelief at Saudi Arabia\u2019s spectacular 2-1 victory over Lionel Messi\u2019s Argentina, you\u2019re not the only one. The most underdog W in World Cup history was the cherry on top of a great showing by MENA countries, with a shout out Tunisia for giving Denmark a run for their money.<\/p>\n<p><strong>So: Happy victory day, friends in KSA \u2014 enjoy the day off: <\/strong>Saudi Arabia has <a href=\"https:\/\/bit.ly\/3EUhfO3\">declared a<\/a><a href=\"https:\/\/bit.ly\/3EUhfO3\">national h<\/a><a href=\"https:\/\/bit.ly\/3EUhfO3\">oliday<\/a> today for schools and the public and private sectors to celebrate.<\/p>\n<p><strong>We also wish Morocco \u2014 the last MENA country to play its first game \u2014 all the best <\/strong><strong>today<\/strong> in its match with Croatia, which takes place at 10am UAE time.<\/p>\n<p><strong>THE BIG CLIMATE STORY- It\u2019s another good day for regional green bond issuances: <\/strong>Dubai Islamic Bank (DIB) tapped debt markets yesterday with a USD 750 mn maiden sustainable sukuk sale that was almost 2x oversubscribed. Reports had emerged <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/cd06b96d-2941-4b4b-994d-e7a80296f885\">earlier in the week<\/a> that DIB would kickstart a roadshow on Monday, a month after the bank issued its green financing framework. The issue sees the trend of GCC institutions selling green debt continue unabated despite EM bonds continuing to take a beating.<\/p>\n<p><strong>ALSO- One hydrogen to rule them all?<\/strong> The rainbow of hydrogen got a little bigger with UK-based start-up HiiROC claiming it has developed a process that can produce hydrogen cheaper and cleaner than all the other colors together.<\/p>\n<p><strong>^^ We have chapter and verse on these stories and more in the news well, below. <\/strong><\/p>\n<hr class=\"grey-line\">\n<p class='web-image' ><a href='https:\/\/climatexforum.enterprise.press\/index.html#contactUs'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/Climate-X-new-registration-En-1600x.jpg?ssl=1\" alt='enterprise'><\/a><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>The <\/strong><strong><a href=\"https:\/\/climatexforum.enterprise.press\/index.html#aboutSection\">Enterprise Climate X Forum<\/a><\/strong><strong> is fast approaching, <\/strong>and we\u2019re incredibly excited to meet with some of you in Cairo at the <strong>Grand Egyptian Museum<\/strong> on Tuesday, 6 December 2022. We get underway with a networking breakfast at 8am CLT.<\/p>\n<p><strong>What\u2019s on the table?<\/strong> CEOs, execs, bankers and development finance folks will mull over a variety of topics, including:<\/p>\n<ul>\n<li>What\u2019s this green hydrogen mumbo-jumbo you speak of?<\/li>\n<li>How are leaders building green businesses \u2014 from scratch, or as retrofits to decades-old family enterprises?<\/li>\n<li>How do we pay for it all?<\/li>\n<li>What do you really think of the green economy?<\/li>\n<\/ul>\n<p><strong>With that in mind, we\u2019ll be dropping little notices in stories and topics we intend to explore more of at the forum.<\/strong> Study up if you\u2019re coming.<\/p>\n<p><strong>Some of the biggest names in business and finance are on board \u2014 are you?<\/strong> If you\u2019re a C-suite exec, business owner, climate professional, DFI staff, investor or banker, please email us at <a href=\"mailto:climatexrsvp@enterprisemea.com\">climatexrsvp@enterprisemea.com<\/a> to signal your interest, letting us know your name, title and where you work. You can learn more on our conference website <a href=\"https:\/\/climatexforum.enterprise.press\/index.html#aboutSection\">here<\/a>.<\/p>\n<p><strong>YOU MUST REGISTER TO ATTEND by clicking the link on your registration email. <\/strong>Attendance is by invitation only. You\u2019ll need a special QR code to gain access to the GEM on event day. <strong>Didn\u2019t receive your registration email? <\/strong>Check your spam folder and then email <a href=\"mailto:climatexrsvp@enterprisemea.com\">climatexrsvp@enterprisemea.com<\/a> if it\u2019s still not there.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>     <a href=\"climate\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>WATCH THIS SPACE #1- Russia is eyeing more nuclear on the continent: <\/strong>Russian nuclear giant Rosatom is reportedly in talks with several African countries and has concluded first agreements for future projects, according to statements picked up by India\u2019s <a href=\"https:\/\/www.daijiworld.com\/news\/newsDisplay?newsID=1022007\">DaijiWorld<\/a>. The company expects to see demand from several \u201cnewcomer countries\u201d over the next two or three decades, the statements cite Rosatom director general Alexey Likhachev as saying. Rosatom is already building multi-bn USD nuclear plants in several countries in Asia and the Middle East, including <a href=\"https:\/\/enterprise.press\/stories\/2022\/07\/21\/rosatom-starts-construction-of-dabaa-nuclear-plant-76321\/\">Egypt<\/a> and Turkey..<\/p>\n<p><strong>WATCH THIS SPACE #2- Iraq wants to invest in solar plants across all its <\/strong><strong>governorates <\/strong>as part of a wider plan to diversify its energy sources and become a key energy player, Iraq\u2019s electricity ministry spokesperson Ahmed Moussa told the <a href=\"https:\/\/bit.ly\/3UQjBD3\">Iraqi News Agency<\/a>. He did not give further details on timeline, mechanism or the type of program the government has in mind.<\/p>\n<p><strong>WATCH THIS SPACE #3- More funds for Egypt\u2019s NWFE: <\/strong>The China-backed Asian Infrastructure Investment Bank has signed a partnership agreement with Egypt for the implementation of the energy pillar in the country\u2019s Nexus on Water, Food and Energy (NWFE), the bank said in a <a href=\"https:\/\/www.aiib.org\/en\/news-events\/news\/2022\/AIIB-Supports-Egypts-Efforts-to-Boost-Renewable-Energy-and-Stimulate-Climate-Action.html\">statement<\/a>. There is no disclosure on the nature of or an exact figure for the funds. The NWFE initiative \u2014 which is expected to unlock over USD 15 bn in private sector finance for renewable energy plans and investments \u2014 has already <a href=\"https:\/\/enterprise.press\/stories\/2022\/11\/20\/are-we-nearly-there-yet-88130\/\">secured nearly<\/a> USD 10 bn in funding pledges.<\/p>\n<hr class=\"grey-line\">\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- The great debate <\/strong><strong>continues: <\/strong>Climate activists are concerned over the influence of oil producers in climate talks as the UAE \u2014 one of the world\u2019s biggest oil producers \u2014 gears up to take the COP baton next year, the <a href=\"https:\/\/www.theguardian.com\/world\/2022\/nov\/22\/fears-over-oil-producers-influence-with-uae-as-next-host-of-cop-climate-talks\">Guardian<\/a> reports. Fossil fuel producers were criticized by many during COP27 to have <a href=\"https:\/\/enterprise.press\/stories\/2022\/11\/21\/landmark-loss-and-damage-pact-is-the-centerpiece-of-cop27-for-emerging-markets-88312\/\">\u201cstonewalled\u201d<\/a> talks and pushed for the removal of a fossil fuel phaseout declaration in the final text. Saudi Arabia in particular has been the subject of several long features, giving a critical look at the kingdom\u2019s \u201cstrategy\u201d to continue producing and investing in oil while investing in a massive renewables push at home to export more of the oil abroad. (<a href=\"https:\/\/www.ft.com\/content\/3fba03c9-9326-4d7c-bd0c-74fdf2b2ebf8\">Financial Times<\/a> | <a href=\"https:\/\/www.bloomberg.com\/opinion\/articles\/2022-11-21\/petrodollars-are-becoming-a-rival-channel-of-climate-diplomacy-laqr3nvd?leadSource=uverify%20wall\">Bloomberg<\/a> | <a href=\"https:\/\/www.nytimes.com\/2022\/11\/21\/climate\/saudi-arabia-aramco-oil-solar-climate.html\">New York Times<\/a>)<\/p>\n<p>***<br \/>\n <strong>YOU\u2019RE READING ENTERPRISE CLIMATE, the essential MENA publication for senior execs who care about the world\u2019s most important industry. <\/strong>We\u2019re out Monday through Thursday at 4am Cairo \/ 5am Riyadh \/ 6am UAE.<\/p>\n<p>Were you forwarded this email? <strong>Get your own <\/strong><strong><a href=\"https:\/\/climate.enterprise.press\/subscribe\/\">subscription without charge here<\/a><\/strong> or reach out to us on <a href=\"mailto:climate@enterprisemea.com\">climate@enterprisemea.com<\/a> with comments, suggestions and story tips.<br \/>\n ***<\/p>\n<p><strong>HAPPENING TODAY-<\/strong><\/p>\n<p><strong>Saudi Arabia\u2019s Education Ministry will host its <\/strong><strong><a href=\"https:\/\/bit.ly\/3EN9GZp\">Global Conference on Sustainable<\/a><\/strong><strong><a href=\"https:\/\/bit.ly\/3EN9GZp\">Partnerships<\/a><\/strong> today and tomorrow in <strong>Riyadh<\/strong>, bringing together ministers and senior officials from the private and public sectors.<\/p>\n<p><strong>CIRCLE YOUR CALENDAR- <\/strong><\/p>\n<p><strong>Oman will host a <\/strong><strong><a href=\"https:\/\/greenhydrogensummitoman.com\/\">green hydrogen summit<\/a><\/strong> on Monday, 5 December to 7 December at Oman\u2019s Convention and Exhibition Center in Muscat. The summit will discuss all aspects of the hydrogen value chain including production, transportation, and storage challenges.<\/p>\n<p><strong>UAE will host<\/strong> <strong><a href=\"https:\/\/www.thebig5.ae\/global-construction-impact-summit\/\">the Big 5 global construction impact summit<\/a><\/strong> on Wednesday, 7 December at the Dubai World Trade Centre, bringing more than 2k exhibitors from 60 countries, as well as regional and global construction industry leaders together to discuss ways to meet local and global net zero and waste reduction targets.<\/p>\n<p><strong><a href=\"https:\/\/enterprise.press\/am-edition\/#calendar\">Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/gcc\/\">GCC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-bonds\/\">green bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-sukuk\/\">Green sukuk<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/sustainability\/\">sustainability<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"74927\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"74928\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"74928\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/dubai-islamic-banks-maiden-green-sukuk-issue-was-nearly-2x-oversubscribed\/\">\r\n                            Dubai Islamic Bank\u2019s maiden green sukuk issue was nearly 2x oversubscribed                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/dubai-islamic-banks-maiden-green-sukuk-issue-was-nearly-2x-oversubscribed\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/dubai-islamic-banks-maiden-green-sukuk-issue-was-nearly-2x-oversubscribed\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/dubai-islamic-banks-maiden-green-sukuk-issue-was-nearly-2x-oversubscribed\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Dubai Islamic Bank\u2019s maiden green sukuk issue was nearly 2x oversubscribed&url=https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/dubai-islamic-banks-maiden-green-sukuk-issue-was-nearly-2x-oversubscribed\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/dubai-islamic-banks-maiden-green-sukuk-issue-was-nearly-2x-oversubscribed\/&title=Dubai Islamic Bank\u2019s maiden green sukuk issue was nearly 2x oversubscribed\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Dubai+Islamic+Bank%E2%80%99s+maiden+green+sukuk+issue+was+nearly+2x+oversubscribed+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2022%2F11%2F23%2Fdubai-islamic-banks-maiden-green-sukuk-issue-was-nearly-2x-oversubscribed%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/dubai-islamic-banks-maiden-green-sukuk-issue-was-nearly-2x-oversubscribed\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/114.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"74929\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/dubai-islamic-banks-maiden-green-sukuk-issue-was-nearly-2x-oversubscribed\/114-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/114.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"114.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/114.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/114.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74928\" class=\"content-area-description single-story post-74928 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-debt tag-debt-watch tag-dubai-islamic-bank tag-enterpriseclimate tag-green-bonds tag-green-finance tag-green-sukuk wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Dubai Islamic Bank (DIB) sold USD 750 mn of its maiden sustainable <\/strong><strong>Shariah-compliant bonds (sukuk)<\/strong>, <a href=\"https:\/\/www.reuters.com\/world\/middle-east\/dubai-islamic-bank-sells-750-million-debut-sustainable-sukuk-2022-11-22\/\">Reuters<\/a> reported yesterday, citing a bank document. The five-year notes were sold at 155 basis points (bps) over five-year US treasuries, tightened from initial guidance on the back of high demand. DIB is the first Islamic bank in the UAE to issue sustainable sukuk bonds.<\/p>\n<p><strong>The issuance was a little over <\/strong><strong>2x oversubscribed<\/strong>, drawing more than USD 1.6 bn in orders from would-be investors, according to the document cited by Reuters. The bonds had initially been priced at around 175 bps over five-year US treasuries.<\/p>\n<p><strong>Where\u2019s the money going? <\/strong>The funds will be used to fund projects pertaining to renewable energy, energy efficiency, sustainable transport, green buildings and wastewater management, the bank said <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/60c54ead-dc23-4d33-93e6-8a86acd0c34d\">last month<\/a> when it set up the green financing framework ahead of the issuance.<\/p>\n<p><strong>Green bond issuances in the GCC (particularly for banks) have been on a roll recently:<\/strong> The GCC has been a hotbed of successful green bond issuances this year, with Abu Dhabi Commercial Bank (ADCB) <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/039de4e2-7078-4457-8904-11d3d4430560\">raised USD 500 mn<\/a> in a green bond sale in September \u2014 an issuance that was almost 4x oversubscribed, demonstrating strong investor demand in regional sustainable bonds. More recently, Saudi Arabia\u2019s sovereign wealth fund, the Public Investment Fund (PIF), <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/29128c1e-0d05-4a99-b8e2-f05247e4258d\">sold USD 3 bn in green bonds<\/a> last month \u2014 which were almost 6x oversubscribed.<\/p>\n<p><strong>T<\/strong><strong>here\u2019s more coming down the MENA pipeline:<\/strong> \u200b\u200bEgypt wants to roll out <a href=\"https:\/\/enterprise.press\/stories\/2022\/05\/17\/this-morning-the-latest-from-greentech-new-green-susdev-bond-sales-coming-next-year-71228\/\">USD 500 mn<\/a> in green bonds before the end of the fiscal year \u2014 which ends in July 2023.<\/p>\n<p><strong>Advisers:<\/strong> Bank ABC, Dubai Islamic Bank, Emirates NBD Capital, First Abu Dhabi Bank, KFH Capital, HSBC, Sharjah Islamic Bank and Standard Chartered were named as advisers in earlier reporting by <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/cd06b96d-2941-4b4b-994d-e7a80296f885\">Reuters<\/a>.<\/p>\n<p class='web-image' ><a href='https:\/\/climatexforum.enterprise.press\/index.html#aboutSection'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/2228.png?ssl=1\" alt='enterprise'><\/a><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/dubai-islamic-bank\/\">Dubai Islamic Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-bonds\/\">green bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-finance\/\">green finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-sukuk\/\">Green sukuk<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"74930\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"74930\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">LEGISLATION WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/in-the-uae-your-nearest-power-plant-could-be-closer-than-you-think\/\">\r\n                            In the UAE, your nearest power plant could be closer than you think                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/in-the-uae-your-nearest-power-plant-could-be-closer-than-you-think\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/in-the-uae-your-nearest-power-plant-could-be-closer-than-you-think\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/in-the-uae-your-nearest-power-plant-could-be-closer-than-you-think\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=In the UAE, your nearest power plant could be closer than you think&url=https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/in-the-uae-your-nearest-power-plant-could-be-closer-than-you-think\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/in-the-uae-your-nearest-power-plant-could-be-closer-than-you-think\/&title=In the UAE, your nearest power plant could be closer than you think\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=In+the+UAE%2C+your+nearest+power+plant+could+be+closer+than+you+think+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2022%2F11%2F23%2Fin-the-uae-your-nearest-power-plant-could-be-closer-than-you-think%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/in-the-uae-your-nearest-power-plant-could-be-closer-than-you-think\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/33.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"74931\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/in-the-uae-your-nearest-power-plant-could-be-closer-than-you-think\/33-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/33.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"33.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/33.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/33.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74930\" class=\"content-area-description single-story post-74930 post type-post status-publish format-standard has-post-thumbnail hentry category-legislation-watch tag-electricity tag-enterpriseclimate tag-legislation tag-legislation-watch tag-renewables tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>The UAE has ratified a law that could expand the use of renewable energy <\/strong>and make the distribution of electricity in urban areas easier and more efficient. Under the new law, anyone wishing to connect a \u2018distributed electricity power plant\u2019 to the grid can do so after obtaining prior approval from regulators, according to an Energy and Infrastructure Ministry <a href=\"https:\/\/bit.ly\/3i5QTja\">statement<\/a> on Monday.<\/p>\n<p><strong>SOUND SMART- <\/strong>Distributed renewable energy refers to electricity sources operating at or near the structure(s) it will power. And it can be just about anything, in theory: solar panels, wind turbines, geothermal, hydro, biogas, and energy storage among others, according to the <a href=\"https:\/\/ent.news\/2022\/11\/6096.pdf\">Handbook of Distributed Generation (pdf).<\/a><\/p>\n<p><strong>What this means for renewable energy providers:<\/strong> Connecting these energy sources to the electric grid can help scale their use and provide more stability to the grid. Allowing distributed electricity on the grid\u2019s lower voltage lines will expand the distribution of renewable energy to more customers and reduce electricity loss in the transmission lines. It also opens up geographically where renewable energy power plants can be set up.<\/p>\n<p><strong>There\u2019s more, but very little detail is out there:<\/strong> While the Energy Ministry statement is scant on details and we have yet to find a copy of the legislation floating online, previous coverage by <a href=\"https:\/\/al-ain.com\/article\/uae-global-alliance-green-economy\">local media<\/a> indicates that the law also contains penalties for violations of the law.<\/p>\n<p><strong>Also unclear: The feed-in tariff<\/strong>, who\u2019s granting the approvals, and what the criteria or minimum size might be.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/electricity\/\">electricity<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/legislation\/\">legislation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/legislation-watch\/\">LEGISLATION WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"74932\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n      <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n        <span class=\"has-primary-color stk-highlight\"> This publication is proudly sponsored by<\/span>\r\n    <\/h4>\r\n\r\n    <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide mx-auto\">\r\n        <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/25497.png?ssl=1\">\r\n        <div class=\"overlay\"><\/div>\r\n        <div class=\"content\">\r\n            <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/25398.svg\" alt=\"\">\r\n            <\/a>\r\n            <span>Opening up a world of opportunity<\/span>\r\n        <\/div>\r\n    <\/div>\r\n\r\n      <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"74933\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"74933\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">GREENTECH CORNER<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/theres-green-blue-gray-turquoise-hydrogen-say-hello-to-emerald-hydrogen\/\">\r\n                            There\u2019s green, blue, gray, turquoise hydrogen. Say hello to \u201cemerald\u201d hydrogen.                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/theres-green-blue-gray-turquoise-hydrogen-say-hello-to-emerald-hydrogen\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/theres-green-blue-gray-turquoise-hydrogen-say-hello-to-emerald-hydrogen\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/theres-green-blue-gray-turquoise-hydrogen-say-hello-to-emerald-hydrogen\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=There\u2019s green, blue, gray, turquoise hydrogen. Say hello to \u201cemerald\u201d hydrogen.&url=https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/theres-green-blue-gray-turquoise-hydrogen-say-hello-to-emerald-hydrogen\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/theres-green-blue-gray-turquoise-hydrogen-say-hello-to-emerald-hydrogen\/&title=There\u2019s green, blue, gray, turquoise hydrogen. Say hello to \u201cemerald\u201d hydrogen.\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=There%E2%80%99s+green%2C+blue%2C+gray%2C+turquoise+hydrogen.+Say+hello+to+%E2%80%9Cemerald%E2%80%9D+hydrogen.+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2022%2F11%2F23%2Ftheres-green-blue-gray-turquoise-hydrogen-say-hello-to-emerald-hydrogen%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/theres-green-blue-gray-turquoise-hydrogen-say-hello-to-emerald-hydrogen\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/4185.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"74934\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/theres-green-blue-gray-turquoise-hydrogen-say-hello-to-emerald-hydrogen\/4185-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/4185.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"4185.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/4185.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/4185.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74933\" class=\"content-area-description single-story post-74933 post type-post status-publish format-standard has-post-thumbnail hentry category-greentech-corner tag-emissions tag-enterpriseclimate tag-green-tech tag-hydrocarbons tag-hydrogen tag-methane-emissions tag-steam-methane-reforming tag-thermal-plasma-electrolysis wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>New tech for lower-cost hydrogen production?<\/strong> UK-based start-up <a href=\"https:\/\/hiiroc.com\/\">HiiROC<\/a> claims to have developed technology \u2014 thermal plasma electrolysis \u2014 that it says can convert biomethane, flare gas or natgas into low-cost, zero-emissions hydrogen, the <a href=\"https:\/\/www.ft.com\/content\/d6d749d5-89ef-42a3-b21b-0d36241768bb\">Financial Times<\/a> reports.<\/p>\n<p><strong>How do they do it?<\/strong> HiiROC uses \u201ca very strong electric field inside a plasma torch\u201d to separate methane molecules, producing \u201cemerald\u201d hydrogen and a byproduct called <a href=\"https:\/\/www.britannica.com\/science\/carbon-black\">carbon black<\/a>. It can produce hydrogen at a micro and at an industrial scale.<\/p>\n<p><strong>A Sesame Street refresher on the colors of hydrogen: <\/strong><\/p>\n<ul>\n<li><strong>Green<\/strong> hydrogen <a href=\"https:\/\/enterprise.press\/stories\/2021\/08\/24\/enterprise-explains-green-hydrogen-51370\/\">is produced<\/a> by using electrolysis powered by renewable energy sources to split water into hydrogen and oxygen.<\/li>\n<li><strong>Blue<\/strong> and <strong>gray<\/strong> hydrogen <a href=\"https:\/\/www.brunel.net\/en\/blog\/renewable-energy\/3-main-types-of-hydrogen#:~:text=Grey%20Hydrogen&text=The%20process%20used%20to%20create,source%2C%20such%20as%20natural%20gas.\">are created<\/a> from natural gas or other methane sources through a process called steam methane reforming (SMR) \u2014 which uses high-temperature steam to produce hydrogen and CO2. Blue hydrogen uses carbon capture and storage (CCS) tech to prevent the CO2 from being emitted.<\/li>\n<li><a href=\"https:\/\/www.nationalgrid.com\/stories\/energy-explained\/hydrogen-colour-spectrum#:~:text=Turquoise%20hydrogen%20is%20made%20using,being%20permanently%20stored%20or%20used.\">\u201cTurquoise\u201d hydrogen<\/a> is also produced by heating hydrocarbons \u2014 but the CO2 produced alongside the hydrogen is captured in solid form.<\/li>\n<\/ul>\n<p><strong>What\u2019s so special about emerald? <\/strong>HiiROC\u2019s process is \u201celectrically driven\u201d (as opposed to using steam), meaning it uses less energy and has a lower emissions footprint, CEO Tim Davies tells the FT. The byproducts are also cleaner, with negligible CO2 emissions, as carbon black is usually solid. HiiROC\u2019s thermal plasma electrolysis \u201cis as cheap as SMR, without needing CCS, and a fraction of the energy\/cost of water electrolysis,\u201d according to <a href=\"https:\/\/hiiroc.com\/\">its website<\/a>. Its process takes place at the point of use, meaning the costly issues usually associated with hydrogen of all colors \u2014 production cost, storage and transportation \u2014 are avoided, the FT notes.<\/p>\n<p><strong>Why is this important for us here? <\/strong>Because existing low-emissions hydrogen faces issues \u2014 including cost and distribution. Currently, green hydrogen is poised for significant growth \u2014 globally and <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e9569d88-5e15-464f-a2f4-341bbb306057\">in MENA<\/a> \u2014 but it still faces some issues before it can get off the ground, as <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2e0e0236-fa86-4702-a633-f40fd2b97d11\">we noted<\/a> yesterday. These include the high cost (and limited supply) of electrolyser technology \u2014 which is still relatively early-stage \u2014 and limited capacity in green power generation. <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/4af59b33-218b-47e9-85f4-7fc1ff336991\">Storage and transportation<\/a> are also currently impediments to widespread green hydrogen uptake. Working out how to scale up production remains a major challenge for green hydrogen in particular, the FT notes.<\/p>\n<p>(And, in the short term, there\u2019s the question of the demand side: We can talk about supply as much as we want, but policymakers will need to take steps \u2014 thought carrots and sticks \u2014 to ensure there is also corresponding demand from industry and other players.)<\/p>\n<p><strong>HiiROC is launching pilot projects: <\/strong>HiiROC raised GBP 2.5 mn in a 2020 funding round, followed by a further GBP 28 mn in 2021, the FT tells us. The funds raised will be used to launch pilot projects with some of its investors \u2014 including one in Germany with Wintershall Dea and VNG that could have daily production capacity of 400 kg of hydrogen, it adds.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/emissions\/\">emissions<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-tech\/\">green tech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/hydrocarbons\/\">Hydrocarbons<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/hydrogen\/\">hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/methane-emissions\/\">methane emissions<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/steam-methane-reforming\/\">steam methane reforming<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/thermal-plasma-electrolysis\/\">thermal plasma electrolysis<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"74935\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"74935\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/kezad-is-exploring-options-to-power-up-its-industrial-space-with-solar-energy\/\">\r\n                            KEZAD is exploring options to power up its industrial space with solar energy                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n      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data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"7181.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/7181.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/7181.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74935\" class=\"content-area-description single-story post-74935 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-enterpriseclimate tag-kezad tag-nakheel tag-real-estate tag-renewables tag-siraj-power tag-solar tag-totalenergies tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>KEZAD is going solar<\/strong><strong>: <\/strong><a href=\"https:\/\/www.kezadgroup.com\">Khalifa Economic Zones Abu Dhabi<\/a> is teaming up with TotalEnergies Renewables Distributed Generation Middle East & Africa to explore distributing solar energy across KEZAD\u2019s industrial space, according to a company <a href=\"https:\/\/www.kezadgroup.com\/2022\/11\/21\/ad-ports-group-and-totalenergies-join-forces-to-explore-distributed-solar-opportunities\/\">statement<\/a> released this week.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>The Irrigation Ministry signed four contracts worth EGP 225 mn<\/strong> for its <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/28\/ebrd-to-lend-egypt-eur-210-mn-for-kitchener-drain-depollution-project\/\">Kitchener Drain cleanup project<\/a>, which is being supervised by the European Bank for Reconstruction and Development. (<a href=\"https:\/\/www.alborsaanews.com\/2022\/11\/20\/1599760\">Al Borsa<\/a>) <\/li>\n<li><strong>UAE\u2019s <\/strong><strong><a href=\"https:\/\/sirajpower.com\">Siraj Power<\/a><\/strong> is partnering with <strong><a href=\"https:\/\/www.nakheel.com\/\">Nakheel<\/a><\/strong> to deliver nine <strong>solar projects<\/strong> across the developer\u2019s residential and commercial complexes in the UAE. (<a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/sirajpower-and-nakheel-enter-partnership-to-install-solar-solution-across-nine-retail-and-residential-locations-cg4mtolu\">Zawya<\/a>)<\/li>\n<li>Three<strong> Qatari companies<\/strong> are mulling investing in <strong>renewable energy<\/strong> production materials in Egypt, Muharram Helal, the chairman of the <strong>Egypt-Qatar Business Council<\/strong> reportedly said. (<a href=\"https:\/\/www.alborsaanews.com\/2022\/11\/20\/1599714\">Al Borsa<\/a>)<\/li>\n<li>China-based PV manufacturer and solar developer <strong><a href=\"https:\/\/www.longi.com\/en\/\">Longi<\/a><\/strong> aims to sell approximately <strong>200 MW worth of solar products <\/strong>in Egypt next year. (<a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/longi-green-energy-technology-eyes-200-megawatt-sales-in-egypt-in-2023-ob936hax\">Zawya<\/a>) <\/li>\n<li><strong>Abu Dhabi Global Market<\/strong> pledged to plant <strong>15k mangrove trees<\/strong> on Jubail Island during Abu Dhabi Finance Week. (<a href=\"https:\/\/www.wam.ae\/en\/details\/1395303104453\">WAM<\/a>) <\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/kezad\/\">KEZAD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/nakheel\/\">Nakheel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/real-estate\/\">real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/siraj-power\/\">Siraj Power<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar\/\">SOLAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/totalenergies\/\">totalenergies<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"74937\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"74937\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/a-new-device-could-lessen-shark-bycatch-by-90\/\">\r\n                            A new device could lessen shark bycatch by 90%                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/a-new-device-could-lessen-shark-bycatch-by-90\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/a-new-device-could-lessen-shark-bycatch-by-90\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/a-new-device-could-lessen-shark-bycatch-by-90\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=A new device could lessen shark bycatch by 90%&url=https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/a-new-device-could-lessen-shark-bycatch-by-90\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/a-new-device-could-lessen-shark-bycatch-by-90\/&title=A new device could lessen shark bycatch by 90%\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=A+new+device+could+lessen+shark+bycatch+by+90%25+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2022%2F11%2F23%2Fa-new-device-could-lessen-shark-bycatch-by-90%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/a-new-device-could-lessen-shark-bycatch-by-90\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/6534.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"74938\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/a-new-device-could-lessen-shark-bycatch-by-90\/6534-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/6534.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"6534.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/6534.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/6534.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74937\" class=\"content-area-description single-story post-74937 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseclimate tag-on-your-way-out tag-sharks tag-sustainability wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> (<strong>Introducing SharkGuard \u2014 the catchy-sounding device that could lessen shark <\/strong><strong>bycatch by 90%:<\/strong> Scientists have designed a device that uses electrical pulses to deter sharks and stingrays from accidentally getting caught up in fishing gear, the <a href=\"https:\/\/www.theguardian.com\/environment\/2022\/nov\/21\/new-gadget-could-reduce-shark-bycatch-by-90\">Guardian<\/a> reports. When clipped onto fishing lines, Fishtek Marine\u2019s <a href=\"https:\/\/www.fishtekmarine.com\/prevent-shark-bycatch\/\">SharkGuard<\/a> emits a short pulse that \u201ctemporarily overstimulates\u201d the sensors around a shark\u2019s nose and mouth acting as a deterrent. SharkGuard reduced by 91% the numbers of blue sharks and by 71% the numbers of stingrays accidentally caught in one recent study, published in a peer-reviewed journal. The device could be commercially available by 2024, Fishtek\u2019s co-founder tells the news outlet.<\/p>\n<p><strong>But why do we care? Because fishing is decimating the shark population:<\/strong> An estimated 100 mn sharks, stingrays and skates (another kind of ray) are killed annually because of fishing and bycatch, the Guardian tells us. Oceanic sharks and rays have declined by over 71% since 1970 due to fishing, it adds. The general abundance of sharks in the Arabian Sea has experienced a perceived decline of around 80% since the late 1990s and the early 2000s, according to a <a href=\"https:\/\/www.sciencedirect.com\/science\/article\/abs\/pii\/S0308597X21002499\">study<\/a>. The UAE runs an annual ban on shark fishing between March and June annually during spawning season to allow populations to recover and has permanently banned the import and re-export of shark fins in any form, according to <a href=\"https:\/\/www.thenationalnews.com\/uae\/2022\/02\/28\/uaes-seasonal-ban-on-shark-fishing-begins\/#:~:text=Authorities%20in%20the%20UAE%20have,to%20approval%20from%20the%20ministry.\">The National<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/on-your-way-out\/\">ON YOUR WAY OUT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/sharks\/\">Sharks<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/sustainability\/\">sustainability<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"74939\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/23\/74939\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74939\" class=\"content-area-description single-story post-74939 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>NOVEMBER<\/strong><\/p>\n<p>21-23 November (Monday-Wednesday): <a href=\"https:\/\/registration.gesevent.com\/survey\/09q35o32mv53s?actioncode=PPC15&utm_source=AdWords&utm_medium=Paid%20Search&utm_campaign=AEC22DCS-MA-Cityscape_Dubai_2022_Search_Visprom_Brand_Phrase_UAE_PPC15&gclid=Cj0KCQiA1NebBhDDARIsAANiDD3nF8IY5zWBbOkaQN8CNk-44w5trb4iU1oSAKofLl2qNcLY1SNeYaAaAvOCEALw_wcB\">Cityscape Intelligence Talks<\/a>, Dubai World Trade Center, UAE.<\/p>\n<p>22-24 November (Tuesday-Thursday): <a href=\"https:\/\/fnrc.gov.ae\/portal\/en\/ecc11.aspx\">International Envirocities Conference 2022<\/a>, Fujairah City, UAE.<\/p>\n<p>23-24 November (Wednesday-Thursday): <a href=\"https:\/\/www.facebook.com\/moegov.sa\/posts\/pfbid0HSxtqnTELrfrK4xaL84pnTsP9w4mjPCiPdAH2LA81efe7UXPbvjX64zynsc4zBnUl\">Global Conference on Sustainable Partnerships<\/a>, The Ritz-Carlton, Riyadh, Saudi Arabia.<\/p>\n<p>Deadline of bid submissions for the Ras Mohaisen \u2013 Baha \u2013 Makkah Independent Water Transmission Pipeline in Saudi Arabia.<\/p>\n<p><strong>DECEMBER<\/strong><\/p>\n<p>5 December (Monday): <a href=\"https:\/\/fnrc.gov.ae\/portal\/en\/ecc11.aspx\">The Korea-Oman Green Hydrogen Strategic Forum 2022<\/a>, Oman Convention and Exhibition Center, Oman.<\/p>\n<p>6 December (Tuesday): <a href=\"https:\/\/climatexforum.enterprise.press\/index.html\">Enterprise Climate X Forum<\/a>, Cairo, Egypt.<\/p>\n<p>7 December (Wednesday): <a href=\"https:\/\/www.thebig5.ae\/global-construction-impact-summit\/\">The Big 5 Global Construction Impact Summit<\/a>, Dubai World Trade Center, Dubai, UAE.<\/p>\n<p>13-14 December (Tuesday-Wednesday): <a href=\"https:\/\/eu.eventscloud.com\/ereg\/newreg.php?eventid=200250856&&_hsenc=p2ANqtz-9c1yZ0YX1kRz0YQou4--8cKBZQGMolUkO1jP7yQl8gwbwZtt8idQVk4Nh_4cgjoS-liOXgE398SLuxMQt0H0v6QMS33Q\">Seminar on EU standards for agri-food products<\/a> for the Gulf Cooperation Council countries, Grand Millennium Business Bay Hotel, Dubai, UAE.<\/p>\n<p>13-15 December (Tuesday-Thursday): <a href=\"https:\/\/irec-conference.com\/\">International Renewable Energy Congress<\/a>, Hammamet, Tunisia.<\/p>\n<p>15 December (Thursday): The<a href=\"https:\/\/www.un.org\/en\/climatechange\/events\">UN\u2019s 15th meeting of the Conference of the Parties to the Convention on Biological Diversity<\/a> (COP15), Montreal, Canada.<\/p>\n<p><strong>JANUARY 2023<\/strong><\/p>\n<p>10-12 January (Tuesday-Thursday): <a href=\"https:\/\/www.futuremineralssummit.com\/\">The Future Minerals Forum<\/a>, Riyadh, Saudi Arabia.<\/p>\n<p>13 January (Friday): <a href=\"https:\/\/www.irena.org\/events\/2023\/Jan\/The-New-Generation-of-Decision-Makers-IRENA-Youth-Forum\">The International Renewable Energy Agency\u2019s Youth Forum<\/a>, Abu Dhabi, UAE.<\/p>\n<p>14-21 January (Saturday-Saturday): <a href=\"https:\/\/abudhabisustainabilityweek.com\/\">Abu Dhabi Sustainability Week<\/a>, Abu Dhabi, UAE.<\/p>\n<p>16-18 January (Monday-Wednesday): <a href=\"https:\/\/www.neventum.com\/tradeshows\/ecowaste\">EcoWASTE<\/a>, Abu Dhabi National Exhibition Center (ADNEC), UAE.<\/p>\n<p>16-18 January (Monday-Wednesday): <a href=\"https:\/\/www.worldfutureenergysummit.com\/\">World Future Energy Summit<\/a>, Abu Dhabi National Exhibition Center (ADNEC), UAE.<\/p>\n<p>January 2023: Bid submission deadline for green hydrogen projects to <a href=\"https:\/\/hydrom.om\/tender.html\">Hydrogen Oman (Hydrom)<\/a>.<\/p>\n<p><strong>FEBRUARY 2023<\/strong><\/p>\n<p>6-8 February (Monday-Wednesday): <a href=\"https:\/\/www.simec-expo.com\/\">Saudi International Marine Exhibition and Conference<\/a>, Hilton Riyadh, Saudi Arabia.<\/p>\n<p>21-22 February (Tuesday-Wednesday): <a href=\"https:\/\/thearabgreensummit.com\/\">The Arab Green Summit<\/a>, Dubai, UAE.<\/p>\n<p>21-23 February (Tuesday-Thursday): <a href=\"https:\/\/worldesgsummit.com\/\">World Environment, Social and Governance (ESG) Summit<\/a>, Dubai, UAE.<\/p>\n<p><strong>MARCH 2023<\/strong><\/p>\n<p>15-19 March (Wednesday-Sunday): <a href=\"https:\/\/agriteq.com\/en\/the-conference\/\">Qatar International Agricultural and Environmental Exhibition<\/a>, Doha, Qatar.<\/p>\n<p><strong>MAY 2023<\/strong><\/p>\n<p>1-4 May (Monday-Thursday): Arabian Travel Market, Dubai World Trade Centre, Dubai, UAE. Register <a href=\"https:\/\/www.wtm.com\/atm\/en-gb.html\">here<\/a>.<\/p>\n<p>29-31 May (Monday-Wednesday): <a href=\"https:\/\/www.evinnovationsummit.com\">Electric Vehicle Innovation Summit<\/a>, Abu Dhabi National Exhibition Centre, Abu Dhabi, UAE.<\/p>\n<p><strong>JUNE 2023<\/strong><\/p>\n<p><a href=\"https:\/\/www.bloombergneweconomy.com\/news\/bloomberg-announces-inaugural-new-economy-gateway-africa-in-morocco\/\">Bloomberg New Economy Gateway Africa Conference<\/a>, Marrakesh, Morocco.<\/p>\n<p>1-3 June (Thursday-Saturday): <a href=\"http:\/\/www.envirotecener-expo.com\/\">Envirotec and Energie Expo<\/a>, UTICA, Tunis, Tunisia.<\/p>\n<p><strong>SEPTEMBER 2023<\/strong><\/p>\n<p><a href=\"https:\/\/www.chariotenergygroup.com\/\">Chariot Limited<\/a> and <a href=\"https:\/\/www.total-eren.com\/\">Total Eren<\/a>\u2019s feasibility study on a 10 GW green hydrogen plant in Mauritania to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f1323428-033c-4ff9-a0b6-716f87613360\">be completed<\/a>.<\/p>\n<p><strong>OCTOBER 2023<\/strong><\/p>\n<p>2-4 October (Monday-Wednesday): <a href=\"https:\/\/www.showsbee.com\/fairs\/84868-WETEX-2023.html\">WETEX and Dubai Solar Show<\/a>, Dubai World Trade Centre, Dubai, United Arab Emirates.<\/p>\n<p><strong>NOVEMBER 2023<\/strong><\/p>\n<p>6-17 November (Monday-Friday): The UAE will host <a href=\"https:\/\/sdg.iisd.org\/events\/2022-un-climate-change-conference-unfccc-cop-28\/#:~:text=The%2028th%20session%20of%20the,in%20the%20United%20Arab%20Emirates.\">COP28<\/a>.<\/p>\n<p><strong>EVENTS WITH NO SET DATE<\/strong><\/p>\n<p><strong>End-2022 <\/strong><\/p>\n<p>KSA\u2019s Neom wants to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/41c4acda-ffa5-4e25-ae17-48b53fc7df69\">tender three concrete water reservoir<\/a> projects to up its water storage capacity by 6 mn liters.<\/p>\n<p><strong>2023 <\/strong><\/p>\n<p>Early 2023: Egypt\u2019s <a href=\"https:\/\/www.karmsolar.com\/\">KarmSolar<\/a> to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/afa55bc3-dec6-4f46-b806-25518b05cda1\">launch KarmCharge<\/a>, the company\u2019s EV charging venture.<\/p>\n<p>1Q2023: Oman will award two blocks of land for green hydrogen projects in Duqm, Oman.<\/p>\n<p>Mid-2023: Sale of Sembcorp Energy India Limited to consortium of Omani investors <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/dbe558b6-6166-404f-8aa3-2bd7b56647dd\">to close<\/a>.<\/p>\n<p>Phase C of the 900-MW of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f2f525f9-dc10-477e-a2d5-67e7d6d790c2\">be completed<\/a>.<\/p>\n<p>Saudi Basic Industries Corporation (<a href=\"https:\/\/www.sabic.com\/en\">Sabic<\/a>) steam cracker furnace powered by renewable energy to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c6bbb030-2107-4aec-bc3c-9dfbe4d55975\">come online<\/a>.<\/p>\n<p>4Q2023: Oman to award four blocks of land for green hydrogen projects in Thumrait, Oman.<\/p>\n<p><strong>2024 <\/strong><\/p>\n<p>End-2024: Emirati <a href=\"http:\/\/ar.ae\">Masdar<\/a>\u2019s 500 MW wind farm in Uzbekistan to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/13a804af-a659-4152-82b2-a3c920862f2b\">begin commercial operations<\/a>.<\/p>\n<p><a href=\"https:\/\/www.qatarenergy.qa\/en\/Pages\/Home.aspx\">QatarEnergy<\/a>\u2019s industrial cities solar power project <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/afa55bc3-dec6-4f46-b806-25518b05cda1\">will start electricity<\/a> production.<\/p>\n<p>First 1.5 GW phase of Morocco\u2019s <a href=\"https:\/\/xlinks.co\/morocco-uk-power-project\/\">Xlinks<\/a> solar and wind energy project to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/52aefc63-82e3-42e3-8afc-960461fa5288\">be operational<\/a>.<\/p>\n<p><strong>2025 <\/strong><\/p>\n<p>Second 1.5 GW phase of Morocco\u2019s <a href=\"https:\/\/xlinks.co\/morocco-uk-power-project\/\">Xlinks<\/a> solar and wind energy project to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/52aefc63-82e3-42e3-8afc-960461fa5288\">be operational<\/a>.<\/p>\n<p>UAE to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9ec60000-0539-4d85-baf5-5beaf020a34f\">have over 1k<\/a> EV charging stations installed.<\/p>\n<p><strong>2026 <\/strong><\/p>\n<p>1Q 2026: <a href=\"https:\/\/www.qatarenergy.qa\/en\/Pages\/Home.aspx\">QatarEnergy<\/a>\u2019s USD 1 bn blue ammonia plant <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/77469f6c-f938-4a97-8cac-3146b39b6cbe\">to be completed<\/a>.<\/p>\n<p>End-2026: HSBC Bahrain to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a2ead528-71fb-423b-a6f8-e18b2c9897d8\">eliminate single-use<\/a> PVC plastic cards.<\/p>\n<p>Iraq\u2019s <a href=\"http:\/\/www.massgroupholding.com\/English\/default.aspx\">Mass Group Holding<\/a> wants to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0239be52-0fa8-43fd-8db9-68f967fb1529\">invest EUR 1 bn<\/a> on its thermal plant Mintia in Romania to have 62% of run on renewable energy, while expanding its energy capacity to at least 1.29k MWh.<\/p>\n<p><strong>2027<\/strong><\/p>\n<p>MENA\u2019s district cooling market is <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/59376411-8296-47dc-87cc-43ddc792bba4\">expected to reach<\/a> USD 15 bn.<\/p>\n<p><strong>2030 <\/strong><\/p>\n<p>UAE\u2019s Abu Dhabi Commercial Bank (ADCB) wants to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ea65a4f2-e77c-426b-8ad0-9120704954f6\">provide AED 35 bn<\/a> in green financing.<\/p>\n<p>UAE <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a9c832ed-f423-479e-884d-90cabefe3a0b\">targets 14 GW<\/a> in clean energy capacity.<\/p>\n<p>Tunisia <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7c5659c7-cf17-4cd6-9d18-c8afb5c643fb\">targets 30%<\/a> of renewables in its energy mix.<\/p>\n<p>Qatar wants to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7881b1d2-724a-4914-ba85-0545e72901c9\">generate USD 17 bn<\/a> from its circular economy, creating 9k-19k jobs.<\/p>\n<p>Morocco\u2019s <a href=\"https:\/\/xlinks.co\/morocco-uk-power-project\/\">Xlinks<\/a> solar and wind energy project to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/52aefc63-82e3-42e3-8afc-960461fa5288\">generate 10.5 GW<\/a> of energy.<\/p>\n<p><strong>2035 <\/strong><\/p>\n<p>Qatar to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/77469f6c-f938-4a97-8cac-3146b39b6cbe\">capture up to 11 mn tons<\/a> of CO2 annually.<\/p>\n<p><strong>2045 <\/strong><\/p>\n<p>Qatar\u2019s Public Works Authority\u2019s (Ashghal) USD 1.5 bn sewage treatment facility to reach 600k cm\/d capacity.<\/p>\n<p><strong>2060 <\/strong><\/p>\n<p>Nigeria aims to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ea65a4f2-e77c-426b-8ad0-9120704954f6\">achieve its net-zero<\/a> emissions target.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":74924,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-74923","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"ccd2654d-b939-49e3-bcc4-801755e165c2","teaser":"","photo_url":"https:\/\/ent.news\/2021\/2\/498.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 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