{"id":75183,"date":"2022-12-12T01:56:27","date_gmt":"2022-12-12T01:56:27","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=75183"},"modified":"2025-12-15T08:16:13","modified_gmt":"2025-12-15T08:16:13","slug":"ksa-and-china-sign-carbon-capture-clean-energy-hydrogen-and-ev-agreements","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/ksa-and-china-sign-carbon-capture-clean-energy-hydrogen-and-ev-agreements\/","title":{"rendered":"KSA and China sign carbon capture, clean energy, hydrogen, and EV agreements"},"content":{"rendered":"<section id=\"75185\" 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=\"75185\">\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\/12\/12\/today-europes-eur-2-5-bn-hydrogen-plans-mena-to-triple-renewable-energy-to-45-gw-by-2027\/\">\r\n                            TODAY: Europe\u2019s EUR 2.5 bn hydrogen plans + MENA to triple renewable energy to 45 GW by 2027                        <\/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\/12\/12\/today-europes-eur-2-5-bn-hydrogen-plans-mena-to-triple-renewable-energy-to-45-gw-by-2027\/\" 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(); 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We tip our hats to every player on the team for their spectacular performance against Portugal, especially Youssef En Nesyri, whose header on Saturday secured Morocco\u2019s place in the next stage of the game in Qatar. Morocco will play against France on Wednesday at 11 pm Dubai-time \u2014 we\u2019re rooting for you, Atlas Lions.<\/p>\n<p><strong>THE BIG CLIMATE STORY- Saudi Arabia and China signed a plethora of agreements across several sectors, including renewable energy and EVs. <\/strong>Acwa Power, Aramco and Sumou were all active during the Chinese President\u2019s Xi Jinping\u2019s visit to Saudi Arabia last week.<\/p>\n<p><strong>ALSO- Masdar just got more shareholders: <\/strong>The UAE\u2019s Abu Dhabi National Energy Company (Taqa) and Abu Dhabi National Oil Company (Adnoc) bought stakes in sovereign wealth fund Mubadala\u2019s clean energy firm Masdar.<\/p>\n<p><strong>^^ We\u2019ve got chapter and verse on these stories and more in the news well, below. <\/strong><\/p>\n<p><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- <\/strong><strong>The EUR 2.5 bn Barcelona-Marseille undersea hydrogen pipeline will come online b<\/strong><strong>y 2030<\/strong>, <a href=\"https:\/\/www.euronews.com\/my-europe\/2022\/12\/09\/hydrogen-pipeline-between-spain-and-france-to-be-complete-by-2030-and-cost-25-billion\">Euronews<\/a> reported yesterday. The H2MED pipeline is projected to transport up to 2 mn tons of hydrogen a year. Spain, Portugal, and France who are partners on the project will present it as a \u201cproject of common interest\u201d to receive up to half of its cost from the EU, according to President Emmanuel Macron.<\/p>\n<p><strong>The path to a \u201creal European hydrogen backbone\u201d: <\/strong>Europe \u2014 who is expediting its energy transition \u2014 is looking to produce 10 mn tons of renewable hydrogen in the EU by 2030, as well as import an additional 10 mn, European Commission President Ursula von der Leyen said.<\/p>\n<p><strong>Hydrogen was a major topic at our Enterprise Climate X Forum last week in Cairo<\/strong>, where Egypt is looking to emerge as a global center of the hydrogen economy (<a href=\"https:\/\/enterprise.press\/stories\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27-90640\/\">here<\/a> and <a href=\"https:\/\/enterprise.press\/stories\/2022\/12\/07\/what-business-leaders-think-of-the-business-of-climate-in-egypt-90427\/\">here<\/a>).<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>WATCH THIS SPACE #1- Speaking of hydrogen: BMW is testing MENA\u2019s first <\/strong><strong>zero-carbon SUV in 2023. <\/strong>German automaker BMW kicked off production of its hydrogen-powered iX5 Hydrogen and will start testing its new net zero car in select regions starting 2Q 2023, <a href=\"https:\/\/www.thenationalnews.com\/business\/future\/2022\/12\/07\/bmw-ix5-hydrogen-production-starts-with-testing-set-to-happen-in-middle-east\/\">The National<\/a> reports. The specific MENA countries the vehicle will be released in have not been disclosed yet.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>WATCH THIS SPACE #2-<\/strong> <strong>KSA and Korea ink renewables trade agreement:<\/strong> Saudi Arabia\u2019s <a href=\"https:\/\/saudiexim.gov.sa\/ar\/Pages\/default.aspx\">Saudi EXIM<\/a> has signed an MoU to export green hydrogen and ammonia to the Korea Trade Ins. Corporation (<a href=\"https:\/\/www.ksure.or.kr\/en\/index.do\">K-Sure<\/a>), according to a Saudi Press Agency <a href=\"https:\/\/www.spa.gov.sa\/viewstory.php?lang=en&newsid=2407297\">statement<\/a> released last Thursday. No financial details are known yet.<\/p>\n<p><strong>The Korea-Saudi energy trade is on the rise:<\/strong> Saudi Aramco and Sabic Agri-Nutrients shipped the world\u2019s first commercial load containing <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/cc2bd5c8-79fc-4993-8806-6cac0e90c6fc\">25k tons of blue ammonia<\/a> to South Korea last month, and Saudi mining company Maaden is also expected to export a similar shipment of blue ammonia to the East Asian country by the end of the year.<\/p>\n<p><strong>WATCH THIS SPACE #3-<\/strong> <strong>The Emirates Water and Electricity Company (Ewec) is <\/strong><strong>auctioning <\/strong><strong><a href=\"https:\/\/www.ewec.ae\/en\/CleanEnergyCertificates\">clean<\/a><\/strong><strong><a href=\"https:\/\/www.ewec.ae\/en\/CleanEnergyCertificates\">energy certificates<\/a><\/strong><strong> until this coming Wednesday<\/strong>, 14 December. The state-owned company \u2014 the exclusive vendor of nuclear and solar-produced electricity in the UAE \u2014 is selling digital certificates to certify the source of renewable energy usage and allow companies to back up ESG goals. Emirates Global Aluminium purchased 1.1 mn MWh of clean energy certificates from Ewec <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/4db7e93c-797f-4f8a-8e5d-d0b00ea2726a\">in November<\/a>.<\/p>\n<hr class=\"grey-line\">\n<p><strong>HAPPENING TODAY- The Saudi Arabian Energy Ministry\u2019s <\/strong><strong><a href=\"https:\/\/saudi-sg.com\/e\/\">Smart Grid Conference<\/a><\/strong> <strong>kicks off today and runs through this Wednesday<\/strong>, 14 December at the Riyadh Hilton Hotel. This year\u2019s edition will include 247 workshops covering topics like renewable energy and grid integrations, and new trends and tech solutions in smart grids. You can register for the event <a href=\"https:\/\/app.airevent.io\/registration?e=1\">here<\/a>.<\/p>\n<hr class=\"grey-line\">\n<p class='web-image'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/3851.jpg?ssl=1\" alt='enterprise'><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>GRAPH OF THE DAY- Light travels faster than wind: <\/strong>Solar power as an energy source is likely to surpass coal, natgas and hydropower by 2027, according to the International Energy Agency\u2019s <a href=\"https:\/\/ent.news\/2022\/12\/2934.pdf\">Renewables 2022 report (pdf)<\/a>. Renewable energy sources will make up about 40% of electricity output worldwide by the end of 2022. Wind seems to be the second fastest growing source of energy production, while bioenergy is going to be making minimal progress in the next five years.<\/p>\n<p><strong>MENA is expected to triple its renewable energy expansions to 45 GW in the next five <\/strong><strong>years<\/strong> compared to the last five years, the report says. Saudi Arabia, the UAE, Israel, Oman, Morocco, and Egypt are set to make up 85% of the region\u2019s renewable energy capacity growth in the coming five years. About 75% of that expansion focuses on solar energy, but there are six markets that are doing the heavy lifting.<\/p>\n<p><strong>ICYMI- The IEA report is full of feel-good news <\/strong>including highlights like the decline of green technology costs, the booming of climate VCs, and the rise in EV sales. <strong>Check out <\/strong><strong><a href=\"https:\/\/twitter.com\/scienceisstrat1\/status\/1601650724852895744?s=46&t=JmTTAlptF410A3M2LpPP4Q\">this Twitter thread<\/a><\/strong> for more genuinely good climate news from the IEA report.<\/p>\n<p><strong>STAY TUNED- <\/strong>Tomorrow\u2019s edition of Going Green in EnterpriseAM will go deeper into the report.<\/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>***<\/p>\n<p><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.<\/p>\n<p><strong>***<\/strong><\/p>\n<p><strong>CLIMATE DIPLOMACY- The UAE and Israel formalized their trade agreement <\/strong><strong>and will ramp up cooperation in the renewables sector<\/strong>, Emirati Foreign Trade Minister Thani Al Zeyoudi <a href=\"https:\/\/twitter.com\/ThaniAlZeyoudi\/status\/1601884738087968768\">tweeted<\/a> yesterday. As of September, non-oil trade between the two countries reached USD 2 bn and is expected to expand further after the ratification of the Comprehensive Economic Partnership Agreement, Al Zeyoudi added. The agreement was <a href=\"https:\/\/www.wam.ae\/en\/details\/1395303052977\">signed back in May<\/a> and reduces tariffs on the vast majority of traded goods between the partners.<\/p>\n<p><strong>CIRCLE YOUR CALENDAR- <\/strong><\/p>\n<p><strong>Tunisia will host the <\/strong><strong><a href=\"https:\/\/irec-conference.com\/\">International Renewable Energy Congress<\/a><\/strong> from tomorrow to Thursday, 15 December in Hammamet. The event will provide a platform for researchers and industry leaders to showcase trends in the renewable energy sector.<\/p>\n<p><strong>FURTHER DOWN THE LINE- Saudi Arabia will host the <\/strong><strong><a href=\"https:\/\/www.futuremineralssummit.com\/\">Future Minerals Forum<\/a><\/strong> on Tuesday, 10 January to Thursday, 12 January at the King Abdulaziz International Conference Center. The forum will discuss the region\u2019s critical minerals supply and creating resilient and responsible minerals value chains for the energy transition.<\/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\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\/cepa\/\">CEPA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/freetrade-agreement\/\">freetrade agreement<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/israel\/\">Israel<\/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                            <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=\"75187\" 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=\"75188\" 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=\"75188\">\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\">RENEWABLES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2022\/12\/12\/saudi-chinese-renewables-collaboration-got-a-big-boost-last-week\/\">\r\n                            Saudi-Chinese renewables collaboration got a big boost last week                        <\/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\/12\/12\/saudi-chinese-renewables-collaboration-got-a-big-boost-last-week\/\" 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(); 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The countries also agreed to hold leadership summits every two years, in a meeting between Xi and Saudi Crown Prince Mohammed bin Salman, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-12-08\/chinese-firms-ink-saudi-green-energy-pacts-as-xi-visits?leadSource=uverify%20wall\">Bloomberg<\/a> noted on Thursday.<\/p>\n<p><strong>Acwa Power\u2019s going big on clean energy partnership with Chinese firms: <\/strong>Saudi renewables player Acwa Power signed nine MoUs with Chinese entities in financing, investment, construction, and engineering and equipment procurement for its clean energy projects in both Saudi Arabia and the countries in China\u2019s <a href=\"https:\/\/greenfdc.org\/countries-of-the-belt-and-road-initiative-bri\/\">Belt and Road Initiative<\/a>, it said in <a href=\"https:\/\/www.acwapower.com\/news\/acwa-power-signs-strategic-agreements-with-nine-chinese-entities\/\">a statement<\/a>.<\/p>\n<p><strong>In detail:<\/strong> Acwa Power signed a USD 1.5 bn agreement with <a href=\"https:\/\/en.powerchina.cn\/\">Power China<\/a> that will see the two companies work together on infrastructure and services for Saudi Arabia\u2019s Red Sea Project, <a href=\"https:\/\/bit.ly\/3YbLmbl\">Al Arabiya<\/a> quotes Acwa Power China Vice President and Chief Representative Yunhe Lyu as saying, without providing further details. Acwa had <a href=\"https:\/\/acwapower.com\/en\/projects\/the-red-sea-project\/\">previously signed<\/a> a 25-year utilities concession agreement for the \u201cconstruction, engineering, operations, and maintenance of the plants delivering power\u201d under a build-own-operate-transfer project. Acwa also reached a preliminary agreement with an unnamed Chinese agreement to develop 3.2 GW of solar power in an unspecified location, Yunhe said. The final contracts for the project are set to be signed before the end of the year and implementation is expected to begin next year.<\/p>\n<p><strong>And Aramco wants to collaborate on hydrogen and carbon capture: <\/strong>Saudi oil company Aramco signed an MoU with China\u2019s state-owned coal mining company Shandong Energy to cooperate in technologies ranging from renewables to hydrogen and carbon capture and storage, <a href=\"https:\/\/wam.ae\/en\/details\/1395303110275\">WAM<\/a> reports.<\/p>\n<p><strong>There\u2019s also a new EV factory in the works: <\/strong>Saudi-based institutional investor <a href=\"https:\/\/sumouholding.com\/about-info\/who-we-are\/\">Sumou<\/a> signed an MoU with China\u2019s <a href=\"https:\/\/www.enovatemotors.com\/\">Enovate<\/a> to set up an EV factory in Saudi with the capacity to produce some 100k cars per year, <a href=\"https:\/\/www.reuters.com\/world\/saudi-china-energy-trade-investment-ties-2022-12-09\/\">Reuters<\/a> notes.<\/p>\n\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\/carbon-storage\/\">CARBON STORAGE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/evs\/\">EVs<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"75190\" 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=\"75190\">\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\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2022\/12\/12\/masdar-share-acquisition-to-accelerate-huge-renewable-energy-green-hydrogen-growth-plans\/\">\r\n                            Masdar share acquisition to accelerate huge renewable energy + green hydrogen growth plans                        <\/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\/12\/12\/masdar-share-acquisition-to-accelerate-huge-renewable-energy-green-hydrogen-growth-plans\/\" 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\/12\/12\/masdar-share-acquisition-to-accelerate-huge-renewable-energy-green-hydrogen-growth-plans\/')\">\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\/12\/12\/masdar-share-acquisition-to-accelerate-huge-renewable-energy-green-hydrogen-growth-plans\/\">\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=Masdar share acquisition to accelerate huge renewable energy + green hydrogen growth plans&url=https:\/\/enterpriseam.com\/climate\/2022\/12\/12\/masdar-share-acquisition-to-accelerate-huge-renewable-energy-green-hydrogen-growth-plans\/\">\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\/12\/12\/masdar-share-acquisition-to-accelerate-huge-renewable-energy-green-hydrogen-growth-plans\/&title=Masdar share acquisition to accelerate huge renewable energy + green hydrogen growth plans\">\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=Masdar+share+acquisition+to+accelerate+huge+renewable+energy+%2B+green+hydrogen+growth+plans+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2022%2F12%2F12%2Fmasdar-share-acquisition-to-accelerate-huge-renewable-energy-green-hydrogen-growth-plans%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\/12\/12\/masdar-share-acquisition-to-accelerate-huge-renewable-energy-green-hydrogen-growth-plans\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/1064.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"75191\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2022\/12\/12\/masdar-share-acquisition-to-accelerate-huge-renewable-energy-green-hydrogen-growth-plans\/1064-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/1064.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1064.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/1064.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/1064.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75190\" class=\"content-area-description single-story post-75190 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-adnoc tag-enterpriseclimate tag-green-hydrogen tag-ma tag-ma-watch tag-masdar tag-mubadala tag-renewables tag-taqa 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>UAE\u2019s Mubadala sells majority stake in Masdar to Adnoc and Taqa: <\/strong>The UAE\u2019s Abu Dhabi National Energy Company (Taqa) and Abu Dhabi National Oil Company (Adnoc) have completed a transaction to purchase stakes in sovereign wealth fund Mubadala\u2019s clean energy firm Masdar, according to <a href=\"https:\/\/news.masdar.ae\/News\/2022\/12\/08\/07\/38\/TAQA-ADNOC-and-Mubadala-Complete-Landmark-Transaction\">a joint statement<\/a>. Taqa paid USD 1.02 bn for its stake, the statement noted.<\/p>\n<p><strong>How the ownership breaks down: <\/strong>Taqa will hold a 43% stake in Masdar\u2019s renewables business, while Mubadala is retaining its 33% stake and Adnoc will take 24%, the statement notes. In Masdar\u2019s nascent green hydrogen business, Adnoc will own a 43% stake, Mubadala will own 33% and Taqa 24%, it adds.<\/p>\n<p><strong>And the plan is to grow the company both within and beyond MENA: <\/strong>The firm is aiming for a renewable energy capacity of <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0b79dd67-80d2-4748-9205-5570e208771a\">at least 100 GW<\/a> by 2030 with a production quota of up to 1 mn tons of green hydrogen, the statement notes. It ultimately plans to expand its renewable energy portfolio to over 200 GW, it adds, without giving a time frame for this target.<\/p>\n<p><strong>Masdar already has a strong footprint \u2014 and has recently signed a slew of fresh agreements:<\/strong> The company is active in over 40 countries in six continents, and has developed and invested in projects with a combined value of more than USD 20 bn. Alongside Infinity Power and Hassan Allam Utilities, <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/952ee209-52e7-435e-860b-caf16ba6251b\">Masdar signed<\/a> an agreement at COP27 last month to build a 10 GW wind farm in Egypt \u2014 which could be one of the world\u2019s largest. The three companies also <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/1f8d7402-6d05-4eae-b3b0-b5bb811be7ab\">went big on<\/a> green hydrogen, inking an agreement to establish a facility with production capacity of 480k tons of green hydrogen a year. Masdar <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0b79dd67-80d2-4748-9205-5570e208771a\">is building<\/a> a 100 MW solar plant in Turkmenistan, entering the country for the first time. This follows an announcement in September that <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/13a804af-a659-4152-82b2-a3c920862f2b\">it\u2019s building<\/a> a 500 MW wind farm in Uzbekistan, at an anticipated cost of USD 600 mn. Masdar, along with waste management company Bee\u2019ah and France\u2019s Veolia Middle East, <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c037e3a5-3672-4b1b-8b71-3a6a0e0cab49\">will also operate<\/a> and maintain the Sharjah waste-to-energy plant for 25 years.<\/p>\n\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\/adnoc\/\">ADNOC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ma\/\">M&amp;A<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/masdar\/\">Masdar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/mubadala\/\">Mubadala<\/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\/taqa\/\">TAQA<\/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=\"75192\" 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=\"75192\">\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\">STARTUP WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2022\/12\/12\/nigerian-mobility-fintech-moove-raises-usd-30-mn-to-turbocharge-its-mena-expansion-with-evs\/\">\r\n                            Nigerian mobility fintech Moove raises USD 30 mn to turbocharge its MENA expansion with EVs                        <\/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\/12\/12\/nigerian-mobility-fintech-moove-raises-usd-30-mn-to-turbocharge-its-mena-expansion-with-evs\/\" 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\/12\/12\/nigerian-mobility-fintech-moove-raises-usd-30-mn-to-turbocharge-its-mena-expansion-with-evs\/')\">\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\/12\/12\/nigerian-mobility-fintech-moove-raises-usd-30-mn-to-turbocharge-its-mena-expansion-with-evs\/\">\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=Nigerian mobility fintech Moove raises USD 30 mn to turbocharge its MENA expansion with EVs&url=https:\/\/enterpriseam.com\/climate\/2022\/12\/12\/nigerian-mobility-fintech-moove-raises-usd-30-mn-to-turbocharge-its-mena-expansion-with-evs\/\">\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\/12\/12\/nigerian-mobility-fintech-moove-raises-usd-30-mn-to-turbocharge-its-mena-expansion-with-evs\/&title=Nigerian mobility fintech Moove raises USD 30 mn to turbocharge its MENA expansion with EVs\">\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=Nigerian+mobility+fintech+Moove+raises+USD+30+mn+to+turbocharge+its+MENA+expansion+with+EVs+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2022%2F12%2F12%2Fnigerian-mobility-fintech-moove-raises-usd-30-mn-to-turbocharge-its-mena-expansion-with-evs%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\/12\/12\/nigerian-mobility-fintech-moove-raises-usd-30-mn-to-turbocharge-its-mena-expansion-with-evs\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75192\" class=\"content-area-description single-story post-75192 post type-post status-publish format-standard hentry category-startup-watch tag-egypt tag-enterpriseclimate tag-evs tag-ghana tag-india tag-south-africa tag-startup-watch tag-startups tag-uae tag-uganda tag-uk 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>Nigerian fintech mobility startup <\/strong><strong><a href=\"https:\/\/www.moove.io\/\">Moove<\/a><\/strong><strong> is raising USD 30 mn from a <\/strong><strong>sukuk issuance to boost its expansion in the UAE<\/strong> with some 2k ride-hailing EVs in the coming year, according to a company <a href=\"https:\/\/www.moove.io\/en-AE\/news\/$30mn-sukuk-franklin-templeton\">statement<\/a>. The issuance was arranged by US-based investment firm Franklin Templeton Investments and comes less than two months after Moove closed a <a href=\"https:\/\/www.moove.io\/en-GB\/news\/Moove-raises-%C2%A315m\">GBP 15 mn fundraising round<\/a> to expand operations in the UK.<\/p>\n<p><strong>SOUND SMART-<\/strong> Sukuk are a sharia-compliant bond-like financial instrument based on an underlying asset, which generates a return or \u201cincome rate\u201d for an investor. Moove is issuing \u201cistisna\u201d sukuk, which are typically used for manufacturers. You can dive deeper with <a href=\"https:\/\/enterprise.press\/stories\/2020\/12\/08\/enterprise-explains-sukuk-26666\/\">this nifty explainer from EnterpriseAM<\/a>.<\/p>\n<p><strong>Who is Moove? <\/strong>The company is the world\u2019s first mobility fintech which acts as a vehicle financing platform for mobility entrepreneurs, according to its <a href=\"https:\/\/www.moove.io\/en-AE\/about-moove\">website<\/a>. Launched in 2020, the Nigerian startup is now Uber\u2019s largest vehicle supply partner in EMEA and provides royalty-based financing to drivers of ride-hailing and delivery firms. The company provides loans to purchase or rent vehicles and enrolls drivers on Uber\u2019s platform, subtracting rental fees on a weekly basis from their paychecks. Moove also works with Egypt-born mass transit app <a href=\"https:\/\/www.swvl.com\/\">Swvl<\/a> and Kenyan trucking and logistics startup <a href=\"http:\/\/sendy\">Sendy<\/a>.<\/p>\n<p><strong>A fast expansion with big EV plans:<\/strong> Initially launched to address a lack of access to vehicle financing in Lagos, Moove has scaled to 13 markets across <a href=\"https:\/\/www.moove.io\/en-AE\/news\/$30mn-sukuk-franklin-templeton\">nine countries<\/a> \u2014 including Egypt, Kenya, South Africa, and India \u2014 in 2022 with a commitment to ensure at least 60% of the cars it financed are EVs. The planned 2k EV fleet in the UAE will offset some 5k tons of CO2 emissions, helping Dubai realize its net zero emissions target by 2050, the statement notes.<\/p>\n<p><strong>And there\u2019s more:<\/strong> The startup also plans to launch an EV charging platform \u2014 the Moove Charge app \u2014 as part of its UAE expansion, allowing users to find the locations and availability of charging stations compatible with their EVs on an app.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${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\/evs\/\">EVs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ghana\/\">Ghana<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/india\/\">India<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/south-africa\/\">South Africa<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/startup-watch\/\">Startup watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/startups\/\">startups<\/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\/uganda\/\">Uganda<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uk\/\">UK<\/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=\"75193\" 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=\"75193\">\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\">CLIMATE POLICY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2022\/12\/12\/cop15-biodiversity-summit-sees-calls-for-direct-financing-to-cities\/\">\r\n                            COP15 biodiversity summit sees calls for direct financing to cities                        <\/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 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cities\">\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=COP15+biodiversity+summit+sees+calls+for+direct+financing+to+cities+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2022%2F12%2F12%2Fcop15-biodiversity-summit-sees-calls-for-direct-financing-to-cities%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\/12\/12\/cop15-biodiversity-summit-sees-calls-for-direct-financing-to-cities\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/4650.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"75194\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2022\/12\/12\/cop15-biodiversity-summit-sees-calls-for-direct-financing-to-cities\/4650-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/4650.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"4650.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/4650.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/4650.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75193\" class=\"content-area-description single-story post-75193 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-policy tag-biodiversity tag-climate-policy tag-cop15 tag-enterpriseclimate tag-investment 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>Countries from the Global South are railing against \u201cbiopiracy\u201d: <\/strong>COP15 is seeing heated debate around the topic of \u201cbiopiracy\u201d \u2014 where wealthy countries extract biological resources from the Global South, which they then use for medical, agricultural or industrial purposes for their own benefit, <a href=\"https:\/\/www.france24.com\/en\/environment\/20221209-biopiracy-the-fight-for-fairness-in-the-scientific-exploitation-of-natural-resources\">France24<\/a> reported on Friday.<\/p>\n<p><strong>What\u2019s the problem? <\/strong>Tech developments like digital sequencing information (DSI), where genetic data from bioresources are digitized and stored online, are making it easier for big pharma companies to hoard income from products derived from biological material extracted from countries in Africa, Latin America, and the Caribbean, some have argued, the media outlet notes.<\/p>\n<p><strong>It\u2019s all leading to a stalemate around the COP15 common agreement: <\/strong>Countries from the Global South are reportedly saying they won\u2019t agree to the global diversity framework, which is the goal of COP15, unless there are specific provisions for them to receive benefits from DSI, German researcher Amber Scholz is quoted by France24 as saying. But countries in the Global North are saying they won\u2019t agree to an agreement on DSI if countries in the Global South don\u2019t agree to the framework, Scholz adds.<\/p>\n<p><strong>Could a proposed tax on biodiversity-related products help? <\/strong>Before COP15, a group of African countries proposed a 1% tax be levied on the retail prices of all biodiversity-related products \u2014 in a move that Scholz terms \u201crevolutionary,\u201d France24 notes.<\/p>\n<p><strong>IN OTHER COP15 NEWS- <\/strong><\/p>\n<p><strong>UNEP + partners launch three-year project to support cities in <\/strong><strong>biodiversity work: <\/strong>UNEP has launched a new project designed to support cities in taking action on ecosystem restoration, according to <a href=\"https:\/\/www.unep.org\/news-and-stories\/press-release\/cities-call-increased-investment-halt-and-reverse-nature-loss\">a UNEP statement<\/a>. The project \u2014 funded by the German Federal Ministry of Economic Cooperation and Development \u2014 will run from 2023-2025 and aims to engage policymakers, businesses and financial institutions.<\/p>\n<p><strong>This comes after calls for more financing for ecosystem restoration projects. <\/strong>They want the global finance community and governments to reform financial infrastructure and work with the private sector in order to fund nature-based solutions that would halt and reverse nature loss. Until now, this kind of nature investment has gone to national governments, who then distribute it to cities, the statement notes.<\/p>\n\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\/biodiversity\/\">biodiversity<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-policy\/\">CLIMATE POLICY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/cop15\/\">COP15<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/investment\/\">investment<\/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=\"75195\" 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=\"75195\">\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\/12\/12\/no-fowl-play-activists-took-to-the-streets-dressed-as-birds-and-trees-to-demand-impactful-biodiversity-bill\/\">\r\n                            No \u2018fowl\u2019 play: Activists took to the streets dressed as birds and trees to demand impactful biodiversity bill                        <\/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\/12\/12\/no-fowl-play-activists-took-to-the-streets-dressed-as-birds-and-trees-to-demand-impactful-biodiversity-bill\/\" 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(); 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The aim of the protest is to ensure the outcomes of the conference would protect some 1 mn threatened species of flora and fauna, the newswire notes.<\/p>\n<p><strong>The sense of urgency:<\/strong> Animal populations have dropped nearly <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d0bec3c8-998b-4762-a46d-b50e5d3dc468\">70% on average since 1970<\/a>, according to a World Wide Fund for Nature (WWF) report released in October. The WWF had issued a dire warning about biodiversity loss, underscoring the calamitous side effects of deforestation, industrial pollution and extreme weather have had on 32k populations of 5.2k animal species they had scrutinized over the past 50 years.<\/p>\n\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\/biodiversity\/\">biodiversity<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/canada\/\">Canada<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-change\/\">climate change<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/cop15\/\">COP15<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/deforestation\/\">deforestation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"75197\" 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\/12\/12\/75197\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75197\" class=\"content-area-description single-story post-75197 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>DECEMBER<\/strong><\/p>\n<p>7-19 December (Wednesday-Monday): 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>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><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>12 January (Thursday): Business Transition to Net-Zero \u2013 the Path Towards a Successful Low-Carbon Future Forum, Bahrain.<\/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\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":75184,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-75183","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"10b8602c-ee58-4b1b-b771-1b89f7ec8cf2","teaser":"","photo_url":"https:\/\/ent.news\/2022\/11\/6444.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 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