{"id":76651,"date":"2023-03-27T02:00:46","date_gmt":"2023-03-27T02:00:46","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=76651"},"modified":"2025-12-15T08:42:38","modified_gmt":"2025-12-15T08:42:38","slug":"masdar-and-romanias-hidroelectrica-partner-on-wind-solar-energy-projects","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/masdar-and-romanias-hidroelectrica-partner-on-wind-solar-energy-projects\/","title":{"rendered":"Masdar and Romania\u2019s Hidroelectrica partner on wind + solar energy projects"},"content":{"rendered":"<section id=\"76653\" 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=\"76653\">\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\/2023\/03\/27\/today-masdar-and-romanias-hidroelectrica-partner-on-renewables-korea-western-power-and-edf-renewables-will-co-develop-omans-manah-1-solar-plant\/\">\r\n                            TODAY: Masdar and Romania\u2019s Hidroelectrica partner on renewables + Korea Western Power and EDF Renewables will co-develop Oman\u2019s Manah 1 solar plant                        <\/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      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href=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/today-masdar-and-romanias-hidroelectrica-partner-on-renewables-korea-western-power-and-edf-renewables-will-co-develop-omans-manah-1-solar-plant\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/296.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76654\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/today-masdar-and-romanias-hidroelectrica-partner-on-renewables-korea-western-power-and-edf-renewables-will-co-develop-omans-manah-1-solar-plant\/296-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/296.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"296.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/296.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/296.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76653\" class=\"content-area-description single-story post-76653 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-cop28 tag-egypt tag-enterpriseclimate tag-eu tag-saudi-arabia tag-tunisia tag-uae tag-what-were-tracking-today tag-world-bank wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Did you miss us? <\/strong>Enterprise Climate took a brief publication holiday last Thursday, which is why we were missing from your inbox, but we\u2019re back with a packed issue this morning to make up for it.<\/p>\n<p><strong>THE BIG CLIMATE STORY-<\/strong> UAE\u2019s Masdar signed a joint cooperation agreement with Romanian state-owned utilities firm Hidroelectrica to deploy 2 GW worth of offshore wind energy and floating solar energy projects, and Oman\u2019s Power and Water Procurement Company has tapped Korea Western Power and EDF Renewables to co-develop the 500 MW Manah 1 solar plant. <strong>We have all the details on these stories and more in the news well, below.<\/strong><\/p>\n<hr class=\"grey-line\">\n<p><strong>HAPPENING TODAY- Egypt is kicking off the first meeting of the <\/strong><strong><a href=\"https:\/\/unfccc.int\/event\/TC1\">COP27 Transitional<\/a><\/strong><strong><a href=\"https:\/\/unfccc.int\/event\/TC1\">Committee<\/a><\/strong><strong> from today<\/strong><strong> to Wednesday, 29 March<\/strong> in Luxor. The event will focus on adaptation and loss and damage. The Transitional Committee\u2019s work will include presiding over COP27\u2019s landmark loss and damage fund created to support climate-vulnerable countries, which will take into consideration the landscape of institutions responding to loss and damage.<\/p>\n<p><strong>SPEAKING OF COP-<\/strong> <strong>COP28 could see specific targets set for global renewable <\/strong><strong>energy capacity generation and the fossil fuel phase out<\/strong>, Denmark's Climate Minister Dan J\u00f8rgensen said at the Copenhagen Climate Ministerial last week, according to <a href=\"https:\/\/www.politico.eu\/article\/cop28-could-set-global-renewable-energy-goal-danish-minister\/\">Politico<\/a>. The suggested target to meet the world's climate goals currently stands at 1 TW of annual growth, International Renewable Energy Agency Director Francesco La Camera said during the conference. J\u00f8rgensen called for more ambitious nationally determined contributions (NDCs) \u2014 climate pledges set by countries \u2014 to reduce national emissions, and highlighted the need to increase adaptation finance, speed up the implementation of the loss and damage fund, and the mobilization of climate finance, according to <a href=\"https:\/\/www.thenationalnews.com\/uae\/2023\/03\/21\/cop27-chief-says-window-is-closing-in-climate-fight-as-dubai-summit-approaches\/\">The National<\/a>. On the <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2e3623f7-b0fa-4ae3-81e7-85c71f2cbd88\">first day of the conference<\/a> COP28 President-Designate Sultan Al Jaber called for speeding up climate mitigation, adaptation, and finance.<\/p>\n<hr class=\"grey-line\">\n<p><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- Berliners voted in a <\/strong><strong>referendum yesterday to make the German capital carbon neutral by 2030.<\/strong> The results could determine whether the German capital brings its net-zero targets forward by 15 years to 2030, a decade and a half earlier than the national target. Climate activists have already secured some 260k signatures in support of the proposal, but 25% of Berlin\u2019s 2.4 mn eligible voters would have to vote in favor of the legally-binding referendum for the amendment to pass. Critics warn a binding target could strip the government of its ability to maneuver if the climate goal is not met, leading to disappointment.<\/p>\n<p><strong>The story got some coverage in the press over the weekend:<\/strong> <a href=\"https:\/\/apnews.com\/article\/germany-berlin-climate-referendum-2030-777402b5f460355be25fb81f3d2c566f\">AP News<\/a> | <a href=\"https:\/\/www.reuters.com\/business\/environment\/berlin-votes-tighter-climate-goals-test-germans-commitment-change-2023-03-26\/\">Reuters<\/a> | <a href=\"https:\/\/www.washingtonpost.com\/politics\/2023\/03\/26\/berlin-climate-referendum-2030-germany\/15050a06-cbc5-11ed-8907-156f0390d081_story.html\">Washington Post<\/a> | <a href=\"https:\/\/www.dw.com\/en\/berlin-votes-on-climate-neutrality-by-2030\/a-65095228\">Deutsche Welle<\/a><\/p>\n<hr class=\"grey-line\">\n<p><strong>WATCH THIS SPACE #1- <\/strong><strong>Tunisia plans to become carbon neutral by 205<\/strong><strong>0:<\/strong> Tunisia\u2019s Prime Minister Najla Boden Ramad unveiled the country's energy strategy for 2035, which sets a target to decarbonize the national economy by 2050, according to a cabinet <a href=\"https:\/\/www.facebook.com\/Presidencedugouvernementtunisien\/posts\/pfbid02urYKuUDF91i7dtVRR3yrSFzM4p5aG1JUormqfgnbjuUMTSGzmL2DrY8Z7wyfA7vBl?locale=ar_AR\">statement<\/a>. The strategy also includes the country\u2019s green hydrogen production roadmap. Tunisia has unconditionally committed to pushing down its emissions from 2010 levels by 27% by 2030, and has set a conditional target to slash its emissions by 45% compared to 2010 by the end of the decade if it receives additional international support, according to the <a href=\"https:\/\/climatepromise.undp.org\/what-we-do\/where-we-work\/tunisia\">UNDP<\/a>.<\/p>\n<p><strong>CLIMATE DIPLOMACY- <\/strong><strong>The EU wants to invest in Tunisia in a number of areas <\/strong><strong>including renewables and wastewater management<\/strong>, <a href=\"https:\/\/www.tap.info.tn\/en\/Portal-Economy\/16117247--tunisia-is\">Tunis Africa Press Agency<\/a> reported last week. The EU is prepared to support the north African country through its negotiations with the IMF to help restore a promising investment climate, Director General for the EU\u2019s neighborhood policy and enlargement negotiations Gert Jan Koopman said during a meeting with Tunisia\u2019s Economy and Planning Minister Samir Said. Investments in Tunisia can take several forms including Foreign Direct investments (FDI) and Private-Public Partnerships (PPPs) and private capital has the potential to boost bilateral collaboration.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-09\"><\/a> <strong>WATCH THIS SPACE #2- US pushes for first steps in World Bank reform to prioritize climate finance by <\/strong><strong>April: <\/strong>Germany\u2019s acting governor to the World Bank Svenja Schulze and US Treasury Secretary Janet Yellen were in talks last week hoping to overhaul the World Bank\u2019s financing structure ahead of COP28 to incorporate climate finance, pandemic control, and poverty reduction as top priorities, <a href=\"https:\/\/www.ft.com\/content\/1d19932a-9f03-490a-bb9b-7e29e729f27d\">the Financial Times<\/a> reports. Yellen and German allies are keen to see a solid \u201cschedule for reform\u201d of the World Bank as early as April, as the lender faces pressure for failing to address climate change. Earlier this month, the lender <a href=\"https:\/\/documents1.worldbank.org\/curated\/en\/099704503162315996\/pdf\/IDU0e3b4f7df040b204cee0865e05dc7f1fe687d.pdf\">updated its regulations<\/a> to align new financing with targets of the Paris agreement, but concern over the bank\u2019s funding of fossil fuel drilling projects remains a sticking point, the news outlet notes.<\/p>\n<p><strong>REMEMBER- The bank wants to increase climate-focused lending capacity: <\/strong>The World Bank wants to remodel its funding programs to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2f0e2863-062d-4fc9-a6c9-95b49554f181\">expand its lending capacity<\/a> for climate change through planned capital increases and new lending tools. The shift signals a radical change from the bank\u2019s model of working from project and country-specific loans. WB management will broach the topic with shareholders in April, discussing specific proposals to change its mission, operating model, and financial capacity as it looks to ready a document for approval by the joint World Bank and International Monetary Fund Development Committee by October.<\/p>\n<hr class=\"grey-line\">\n<p><strong>WATCH THIS SPACE #3- Some aircrafts may receive a green badge under new EU <\/strong><strong>rules: <\/strong>Certain aircrafts may be eligible to receive the EU\u2019s green label if they meet certain criteria including zero emissions or meeting outlined CO2 limits, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-03-22\/eu-plans-to-give-some-parts-of-aviation-industry-a-green-label\">Bloomberg<\/a> reported citing a draft report by the EU Commission. According to the document, passenger aircrafts would need to use a minimum 10% share of sustainable aviation fuels starting 2030, and will be required to increase by 2% annually in order to qualify for the green label. Bloomberg expects that the addition of the aviation industry onto the list of economic activities that contribute toward the bloc\u2019s goal of climate neutrality \u2014 called EU Taxonomy \u2014 will spark controversy amongst climate activists who have previously rejected the inclusion of heavily polluting industries such as <a href=\"https:\/\/www.europarl.europa.eu\/news\/en\/press-room\/20220701IPR34365\/taxonomy-meps-do-not-object-to-inclusion-of-gas-and-nuclear-activities\">gas and nuclear power<\/a>. According to the Commission, adding such activities contributes to incentivising the private sector to speed up its green transition.<\/p>\n<p><strong>WATCH THIS SPACE #4- Is the Cypriot electricity grid ready for the influx of <\/strong><strong>renewable power coming its way?<\/strong> Cyprus lacks the power storage capacity to accommodate the inflow of renewable power it will soon receive (partially from Egypt) through the USD 4 bn <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/23\/egypt-signs-framework-agreement-with-cyprus-greece-power-linkage\/\">2 GW EuroAfrica Interconnector<\/a> and the 2 GW <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/23\/egypt-signs-framework-agreement-with-cyprus-greece-power-linkage\/\">EuroAsia Interconnector<\/a> with Greece as network overloads causing power outages in the country earlier this month, according to the <a href=\"https:\/\/economytoday.sigmalive.com\/epiheiriseis\/energeia\/60909_perikopes-ilektroparagogis-apo-ape-se-periodoys-hamilis-zitisis\">Cyprus News Agency<\/a>. The Transmission System Operator Cyprus (TSOC) \u2014 one of the country\u2019s utility providers \u2014 noted to parliament that when energy generation peaks to 500 MW, it is forced to turn off 85 MW from its solar energy plants for lack of adequate power storage capacity. Power generation cuts are expected to push down energy production from the country\u2019s PV units by 6-8% in 2023, TSOC executive director Stavros Stavrinos said, according to the news agency.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-10\"><\/a><strong> WATCH THIS SPACE #5-<\/strong> <strong>Saudi Aramco markets its energy transition strategy to <\/strong><strong>Chinese investors at <\/strong><strong><a href=\"https:\/\/en.cdf.org.cn\/cdf2023en\/index.htm\">China Development Forum<\/a><\/strong><strong>:<\/strong> Saudi Aramco CEO Amin Nasser highlighted how the company\u2019s low-carbon strategies \u2014 including reducing increased carbon capture storage and increasing low carbon energy and renewables to their portfolio \u2014 can help strengthen China\u2019s long-term energy security and zero-emission goals, according to a company <a href=\"https:\/\/www.aramco.com\/en\/news-media\/speeches\/2023\/remarks-by-amin-h-nasser-aramco-president-and-ceo-at-the-china-development-forum?utm_campaign=CDF&utm_source=Social&utm_medium=Twitter&utm_content=SBr1gewlgz2w094xjf7xo5wwdqu65nxp510593\">statement<\/a>. Nasser also emphasized that China\u2019s venture capital space \u201coffers significant investment opportunities to stimulate the technology development and innovation required,\u201d pointing to a <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/1999f7a3-9f3b-4811-915f-b7aaa48b900b\">letter of intent<\/a> signed this month between China\u2019s Geely and France\u2019s Renault to establish a JV specialized in developing more efficient gasoline engines and hybrid automotive systems.<\/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>***<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 <strong>***<\/strong><\/p>\n<hr class=\"grey-line\">\n<p><strong>COME TO OUR NEXT ENTERPRISE FORUM- <\/strong><\/p>\n<p class='web-image' ><a href='https:\/\/exportsfdi.enterprise.press\/registration.html'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/2\/708.jpg?ssl=1\" alt='enterprise'><\/a><\/p>\n<p><strong>We are delighted to share with you that the Enterprise Exports & FDI Forum<\/strong> will be taking place on <strong>15 May<\/strong> at <strong>the Four Seasons Hotel at Nile Plaza in Cairo.<\/strong><\/p>\n<p><strong>DO YOU WANT TO ATTEND?<\/strong> The first wave of invites is going out soon. If you\u2019re a C-suite exec, exporter, investor, official, banker, or someone who should be part of the conversation, please <a href=\"https:\/\/exportsfdi.enterprise.press\/registration.html\">click here<\/a> to request a spot at this exclusive event.<\/p>\n<p><strong>WANT TO SHARE YOUR STORY ON STAGE?<\/strong> Drop a note to <a href=\"mailto:patrick@enterprisemea.com\">Patrick here and let\u2019s talk<\/a>.<\/p>\n<p><strong>WANT TO BECOME A COMMERCIAL PARTNER?<\/strong> Ping a note to <a href=\"mailto:mtaalab@inktankir.com\">Moustafa, our head of commercial, here<\/a>.<\/p>\n<hr class=\"grey-line\">\n<p><strong>CIRCLE YOUR CALENDAR- <\/strong><\/p>\n<p><strong>The UAE is hosting the International Conference on Green Energy and <\/strong><strong>Environmental Technology (<\/strong><strong><a href=\"http:\/\/www.icgeet.igrnet.org\/279\/united-arab-emirates\/\">ICGEET<\/a><\/strong><strong>) on 18 and 19 April <\/strong>in Dubai. The event will bring together stakeholders from academia, the healthcare industry, and the private sector to discuss energy conservation among other topics.<\/p>\n<p><strong>The first <\/strong><strong><a href=\"https:\/\/mbrsic.ae\/en\/mena-sc\/about-mena-sc\/\">MENA Solar Conference<\/a><\/strong><strong> is accepting applications from published<\/strong><strong> researchers specialized in PV technology until Sunday, 30 April.<\/strong> The Dubai Electricity and Water Authority will be hosting the conference from 15 to 18 November, in conjunction with the Water, Energy, Technology, and Environment Exhibition and the Dubai Solar Show 2023. Researchers can submit their papers <a href=\"https:\/\/mbrsic.ae\/en\/mena-sc\/paper-submission-1\/\">here<\/a>.<\/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\/cop28\/\">COP28<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/eu\/\">EU<\/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\/tunisia\/\">Tunisia<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/world-bank\/\">World Bank<\/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=\"76655\" 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\" 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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\/2023\/03\/27\/masdar-and-romanias-hidroelectrica-partner-on-wind-energy-and-solar-energy-projects\/\">\r\n                            Masdar and Romania\u2019s Hidroelectrica partner on wind energy and solar energy projects                        <\/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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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\/2023\/03\/27\/masdar-and-romanias-hidroelectrica-partner-on-wind-energy-and-solar-energy-projects\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/819.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76657\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/masdar-and-romanias-hidroelectrica-partner-on-wind-energy-and-solar-energy-projects\/819-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/819.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"819.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/819.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/819.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76656\" class=\"content-area-description single-story post-76656 post type-post status-publish format-standard has-post-thumbnail hentry category-renewables tag-enterpriseclimate tag-masdar tag-renewables tag-romania 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-01\"><\/a> <strong>Masdar partners with Hidroelectrica on solar and wind energy projects:<\/strong> UAE renewables giant Masdar signed a joint cooperation agreement with Romanian state-owned utilities firm Hidroelectrica to deploy offshore wind energy and floating solar energy projects totalling 2 GW in the country, according to a company <a href=\"https:\/\/twitter.com\/Masdar\/status\/1639187561070329858\">tweet<\/a> on Friday. The agreement was signed by UAE Vice President and Prime Minister Mohammed bin Rashid Al Maktoum and Romania\u2019s President Klaus Iohannis during a <a href=\"https:\/\/wam.ae\/en\/details\/1395303140798\">meeting last week<\/a> that saw both sides discuss bilateral cooperation in the renewable energy sector.<\/p>\n<p><strong>Not the first regional interest in Romania\u2019s renewables:<\/strong> Emirates Nuclear Energy Corporation (ENEC) signed an MoU <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/606014b5-eb0c-47e5-8d3a-8446eaf50037\">last week<\/a> with Romania\u2019s Nuclearelectrica to collaborate on nuclear energy program development in the two countries, as well as in Central and Eastern Europe. The collaboration aims to deploy nuclear energy for decarbonizing the power sector and heavy industry, as well as in the production of clean hydrogen. Back in August, Iraqi infrastructure and electricity developer Mass Group Holding <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0239be52-0fa8-43fd-8db9-68f967fb1529\">acquired<\/a> a 1.2 GW thermal power plant in the country.<\/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\/masdar\/\">Masdar<\/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\/romania\/\">Romania<\/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=\"76658\" 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=\"76658\">\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\">SOLAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/omans-opwp-awards-500-mw-manah-1-solar-project-to-korea-western-power-company-and-edf-renewables\/\">\r\n                            Oman\u2019s OPWP awards 500 MW Manah 1 solar project to Korea Western Power Company and EDF Renewables                        <\/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\/2023\/03\/27\/omans-opwp-awards-500-mw-manah-1-solar-project-to-korea-western-power-company-and-edf-renewables\/\" 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\/2023\/03\/27\/omans-opwp-awards-500-mw-manah-1-solar-project-to-korea-western-power-company-and-edf-renewables\/')\">\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\/2023\/03\/27\/omans-opwp-awards-500-mw-manah-1-solar-project-to-korea-western-power-company-and-edf-renewables\/\">\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=Oman\u2019s OPWP awards 500 MW Manah 1 solar project to Korea Western Power Company and EDF Renewables&url=https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/omans-opwp-awards-500-mw-manah-1-solar-project-to-korea-western-power-company-and-edf-renewables\/\">\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\/2023\/03\/27\/omans-opwp-awards-500-mw-manah-1-solar-project-to-korea-western-power-company-and-edf-renewables\/&title=Oman\u2019s OPWP awards 500 MW Manah 1 solar project to Korea Western Power Company and EDF Renewables\">\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=Oman%E2%80%99s+OPWP+awards+500+MW+Manah+1+solar+project+to+Korea+Western+Power+Company+and+EDF+Renewables+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F03%2F27%2Fomans-opwp-awards-500-mw-manah-1-solar-project-to-korea-western-power-company-and-edf-renewables%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\/2023\/03\/27\/omans-opwp-awards-500-mw-manah-1-solar-project-to-korea-western-power-company-and-edf-renewables\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/279.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76659\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/omans-opwp-awards-500-mw-manah-1-solar-project-to-korea-western-power-company-and-edf-renewables\/279-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/279.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"279.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/279.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/279.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76658\" class=\"content-area-description single-story post-76658 post type-post status-publish format-standard has-post-thumbnail hentry category-solar tag-edf tag-enterpriseclimate tag-france tag-korea tag-oman tag-solar 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>Oman\u2019s OPWP picks developer for Manah 1 solar plant: <\/strong>Oman\u2019s Power and Water Procurement Company (OPWP) has tapped <a href=\"https:\/\/www.iwest.co.kr\/eng\/index.do\">Korea Western Power<\/a> (KOWEPO) and French <a href=\"https:\/\/www.edf-re.com\/\">EDF Renewables<\/a> to co-develop the 500 MW Manah 1 solar plant in Oman under a build-own-operate model, according to a <a href=\"https:\/\/blog.naver.com\/iamkowepo\/223052504771\">company statement<\/a> released last week.<\/p>\n<p><strong>The details:<\/strong> The solar plant will cost USD 458 mn, according to the statement, and construction will begin in 3Q 2023 with commercial operations commencing by March 2025. OPWP will purchase the electricity generated under a 20-year power purchase agreement, the statement notes.<\/p>\n<p><strong>Background:<\/strong> Manah 1 is one half of a larger project by OPWP to build a solar plant with a combined capacity of 1 GW. The combined cost of Manah 1 and Manah 2 will amount to over <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3aad63f3-6a3c-472b-950e-1d350da25403\">OMR 300 mn<\/a> (c. USD 780 mn) and will be the largest in the sultanate. A JV made up of Singapore\u2019s Sembcorp Utilities and China\u2019s Jinko Power were selected to develop the Manah 2 solar plant <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3aad63f3-6a3c-472b-950e-1d350da25403\">earlier this month<\/a>.<\/p>\n<p><strong>South Korea has been on a renewables hunt in the region: <\/strong>Earlier this month, <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/07457d4f-df82-43aa-bdff-a97a03675206\">USD 1 bn<\/a> was earmarked for financing green hydrogen and renewables projects in MENA by South Korea\u2019s official export credit agency, the Export-Import Bank of Korea. Kepco signed an agreement with Saudi Arabia\u2019s Public Investment Fund in November worth some <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/21ce193c-0194-41cf-b695-c6667585bcb6\">USD 6.5 bn<\/a> to build a hydrogen and ammonia plant. KSA\u2019s Saudi Exim also signed in December an MoU to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/52d7d80d-2f55-4f68-b98a-891bce9b5324\">export green hydrogen and ammonia<\/a> to the Korea Trade Ins. Corporation (K-Sure). Saudi Aramco and Sabic Agri-Nutrients <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/cc2bd5c8-79fc-4993-8806-6cac0e90c6fc\">shipped<\/a> the world\u2019s first commercial load containing 25k tons of blue ammonia to South Korea which arrived to Korean shores late in December.<\/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\/edf\/\">EDF<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/france\/\">France<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/korea\/\">Korea<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/oman\/\">Oman<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76660\" 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=\"76660\">\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\">CLIMATE FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/egypt-secures-usd-7-bn-world-bank-loan-to-boost-climate-resilience-private-sector-growth\/\">\r\n                            Egypt secures USD 7 bn World Bank loan to boost climate resilience + private-sector growth                        <\/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\/2023\/03\/27\/egypt-secures-usd-7-bn-world-bank-loan-to-boost-climate-resilience-private-sector-growth\/\" 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\/2023\/03\/27\/egypt-secures-usd-7-bn-world-bank-loan-to-boost-climate-resilience-private-sector-growth\/')\">\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\/2023\/03\/27\/egypt-secures-usd-7-bn-world-bank-loan-to-boost-climate-resilience-private-sector-growth\/\">\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=Egypt secures USD 7 bn World Bank loan to boost climate resilience + private-sector growth&url=https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/egypt-secures-usd-7-bn-world-bank-loan-to-boost-climate-resilience-private-sector-growth\/\">\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\/2023\/03\/27\/egypt-secures-usd-7-bn-world-bank-loan-to-boost-climate-resilience-private-sector-growth\/&title=Egypt secures USD 7 bn World Bank loan to boost climate resilience + private-sector growth\">\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=Egypt+secures+USD+7+bn+World+Bank+loan+to+boost+climate+resilience+%2B+private-sector+growth+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F03%2F27%2Fegypt-secures-usd-7-bn-world-bank-loan-to-boost-climate-resilience-private-sector-growth%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\/2023\/03\/27\/egypt-secures-usd-7-bn-world-bank-loan-to-boost-climate-resilience-private-sector-growth\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/422.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76661\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/egypt-secures-usd-7-bn-world-bank-loan-to-boost-climate-resilience-private-sector-growth\/422-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/422.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"422.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/422.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/422.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76660\" class=\"content-area-description single-story post-76660 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-finance tag-climate-finance tag-enterpriseclimate tag-green-finance tag-ifc tag-international-bank-for-reconstruction-and-development tag-world-bank 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>The World Bank will lend Egypt USD 7 bn over the next five years to support <\/strong><strong>climate action,<\/strong> <strong>among other objectives<\/strong>, according to a <a href=\"https:\/\/www.worldbank.org\/en\/news\/press-release\/2023\/03\/21\/egypt-world-bank-group-launches-new-partnership-framework-to-support-green-resilient-and-inclusive-development\">statement<\/a> released last week. The Country Partnership Agreement, approved by the bank\u2019s executive board last week, will see the International Bank for Reconstruction and Development (IBRD) extend USD 1 bn a year through to 2027 and the International Finance Corporation (IFC) lend USD 2 bn for the same duration.<\/p>\n<p><strong>Targets: <\/strong>The agreement looks to achieve its goals by upscaling the country\u2019s climate mitigation and adaptation capacity, creating more and better private-sector jobs, and improving the provision of health and education services.<\/p>\n<p><strong>It\u2019s been two years since Egypt\u2019s last Country Partnership Framework (CPF) ended:<\/strong> The country\u2019s previous CPF initially covered 2015-2019, and was <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/02\/world-bank-group-extends-egypts-country-partnership-framework-to-2021\/\">extended<\/a> for an additional two years to end in 2021. It included a total of USD 8 bn of WB financing \u2014 of which USD 6 bn was allocated from the IBRD and, again, USD 2 bn from IFC.<\/p>\n<p><strong>More WB funding coming Egypt\u2019s way: <\/strong>Egypt is set to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/52e43284-73d9-4351-b895-5846cc55b55d\">receive a USD 9.13 mn<\/a> grant from the World Bank to tackle the management of e-waste and healthcare waste disposal systems. The grant \u2014 disbursed by the lender\u2019s Global Environment Facility \u2014 will be used to improve waste management in healthcare and e-waste in a bid to reduce the release of Unintentional Persistent Organic Pollutants.<\/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\/climate-finance\/\">climate finance<\/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\/ifc\/\">IFC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/international-bank-for-reconstruction-and-development\/\">International Bank for Reconstruction and Development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/world-bank\/\">World Bank<\/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=\"76662\" 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=\"76662\">\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 FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/egypts-cib-partners-with-ifc-on-climate-risk-management-framework\/\">\r\n                            Egypt\u2019s CIB partners with IFC on climate risk management framework                        <\/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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framework\">\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=Egypt%E2%80%99s+CIB+partners+with+IFC+on+climate+risk+management+framework+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F03%2F27%2Fegypts-cib-partners-with-ifc-on-climate-risk-management-framework%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\/2023\/03\/27\/egypts-cib-partners-with-ifc-on-climate-risk-management-framework\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/820.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76663\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/egypts-cib-partners-with-ifc-on-climate-risk-management-framework\/820-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/820.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"820.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/820.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/820.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76662\" class=\"content-area-description single-story post-76662 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-finance tag-cib tag-climate-finance tag-egypt tag-enterpriseclimate tag-green-finance tag-ifc 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>Egypt\u2019s CIB <\/strong><strong>entered into a partnership agreement with <\/strong><strong>t<\/strong><strong>he International Finance Corporation (IFC) to<\/strong><strong> jointly develop a climate risk management framework for the bank<\/strong>, according to a <a href=\"https:\/\/pressroom.ifc.org\/all\/pages\/PressDetail.aspx?ID=27464\">statement<\/a> released last week.<\/p>\n<p><strong>The details:<\/strong> The IFC advisory project will see both sides work on developing a screening and testing mechanism against climate risk to ensure the Egypt-based bank discloses any climate-related financial risks in its portfolio, ensuring CIB\u2019s regulatory compliance on climate action, the statement notes.<\/p>\n<p><strong>Why is this important?<\/strong> \u201cClimate-related financial risks are increasingly becoming more relevant for financial institutions \u2026 IFC's partnership with CIB will further enhance the Bank's process of integrating the climate-related risks into the existing risk management framework, as well as to support aligning with the evolving international standards,\u201d CIB's Chief Risk Officer Talha Karim notes in the statement.<\/p>\n<p><strong>IFC\u2019s been backing CIB\u2019s green moves:<\/strong> IFC subscribed to the full issuance of CIB\u2019s first USD 100 mn noncallable, five-year, fixed-rate corporate green bond <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fc62c317-f2f7-4543-88a3-fa75725b6c0a\">back in 2021<\/a>. CIB also developed the first credit line dedicated to certified green building in North Africa with support from the IFC, 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\/cib\/\">CIB<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-finance\/\">climate finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/green-finance\/\">green finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ifc\/\">IFC<\/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=\"76664\" 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=\"76664\">\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\">DESALINATION<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/ebrd-ifc-set-to-support-egypt-on-desalination-projects\/\">\r\n                            EBRD, IFC set to support Egypt on desalination projects                        <\/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\/2023\/03\/27\/ebrd-ifc-set-to-support-egypt-on-desalination-projects\/\" 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\/2023\/03\/27\/ebrd-ifc-set-to-support-egypt-on-desalination-projects\/')\">\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\/2023\/03\/27\/ebrd-ifc-set-to-support-egypt-on-desalination-projects\/\">\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=EBRD, IFC set to support Egypt on desalination projects&url=https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/ebrd-ifc-set-to-support-egypt-on-desalination-projects\/\">\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\/2023\/03\/27\/ebrd-ifc-set-to-support-egypt-on-desalination-projects\/&title=EBRD, IFC set to support Egypt on desalination projects\">\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=EBRD%2C+IFC+set+to+support+Egypt+on+desalination+projects+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F03%2F27%2Febrd-ifc-set-to-support-egypt-on-desalination-projects%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\/2023\/03\/27\/ebrd-ifc-set-to-support-egypt-on-desalination-projects\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/821.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76665\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/ebrd-ifc-set-to-support-egypt-on-desalination-projects\/821-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/821.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"821.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/821.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/821.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76664\" class=\"content-area-description single-story post-76664 post type-post status-publish format-standard has-post-thumbnail hentry category-desalination tag-desalination tag-enterpriseclimate tag-european-bank-for-reconstruction-and-development tag-ifc tag-infrastructure tag-public-private-partnership tag-sovereign-fund-of-egypt tag-water-security tag-world-bank 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-05\"><\/a> <strong>Egypt gets support for desalination projects:<\/strong> The European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation will work with the Sovereign Fund of Egypt (SFE) to increase private-sector participation in four desalination plants powered by renewable energy, according to an <a href=\"https:\/\/www.ebrd.com\/news\/2023\/ebrd-and-ifc-support-seawater-desalination-and-renewables-in-egypt.html\">EBRD statement<\/a> and an Egyptian <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid022kU2bT7VE3awmCxxb21FbjX7eRtgJoqBiJjkdHCi5NU5M1f8QqGh6UnA3KYG8xuYl\">cabinet statement<\/a> released last week. The two multilateral lenders will provide advice on how to structure and implement four public-private partnership desalination projects, and details regarding the type of renewable energy powering the plants were not disclosed.<\/p>\n<p><strong>Desalination is key for Egypt\u2019s future water security:<\/strong> The plants are part of the government\u2019s plan to add 8.8 mn cubic meters per day of desalination capacity by 2050. SFE\u2019s CEO Ayman Soliman <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/331dbd92-5979-4739-8298-74845078ce35\">said in December<\/a> that the fund will sign contracts for 21 desalination plants in 2023. As many as 28 companies <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/96fed7db-89ef-4e9d-9cd3-f7ef12107175\">were said<\/a> to have bid for the contracts.<\/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\/desalination\/\">DESALINATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/european-bank-for-reconstruction-and-development\/\">European Bank for Reconstruction and Development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ifc\/\">IFC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/public-private-partnership\/\">public-private partnership<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/sovereign-fund-of-egypt\/\">Sovereign Fund of Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/water-security\/\">Water security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/world-bank\/\">World Bank<\/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=\"76666\" 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=\"76666\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">POLICY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/uns-first-water-conference-since-1977-adopts-water-action-agenda\/\">\r\n                            UN\u2019s first water conference since 1977 adopts Water Action Agenda                        <\/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\/2023\/03\/27\/uns-first-water-conference-since-1977-adopts-water-action-agenda\/\" 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\/2023\/03\/27\/uns-first-water-conference-since-1977-adopts-water-action-agenda\/')\">\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\/2023\/03\/27\/uns-first-water-conference-since-1977-adopts-water-action-agenda\/\">\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=UN\u2019s first water conference since 1977 adopts Water Action Agenda&url=https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/uns-first-water-conference-since-1977-adopts-water-action-agenda\/\">\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\/2023\/03\/27\/uns-first-water-conference-since-1977-adopts-water-action-agenda\/&title=UN\u2019s first water conference since 1977 adopts Water Action Agenda\">\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=UN%E2%80%99s+first+water+conference+since+1977+adopts+Water+Action+Agenda+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F03%2F27%2Funs-first-water-conference-since-1977-adopts-water-action-agenda%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\/2023\/03\/27\/uns-first-water-conference-since-1977-adopts-water-action-agenda\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/822.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76667\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/uns-first-water-conference-since-1977-adopts-water-action-agenda\/822-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/822.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"822.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/822.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/822.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76666\" class=\"content-area-description single-story post-76666 post type-post status-publish format-standard has-post-thumbnail hentry category-policy tag-climate-policy tag-enterpriseclimate tag-sanitation tag-un tag-un-water-conference tag-water 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-06\"><\/a> <strong>UN\u2019s Water Action Agenda springs into effect:<\/strong> The United Nations\u2019 first water conference since almost half a century closed over the weekend with the adoption of the Water Action Agenda under efforts to safeguard \u201chumanity\u2019s most precious global common good,\u201d according to a <a href=\"https:\/\/news.un.org\/en\/story\/2023\/03\/1135022\">statement<\/a> released on Friday. The non-binding agenda adopted during the 2023 UN Water Conference outlines several commitments ranging from better food choices to having water reappraised as a leading economic driver.<\/p>\n<p><strong>What\u2019s on the table? <\/strong>The 700 commitments would be put into action through having new and alternative food systems to slash the unfeasible use of water in agriculture and launching a new global information system to help achieve the Sustainable Development Goals (SDGs) and others. Those include appointing a Special Envoy for Water ahead of the SDG summit next September. The USD 300 bn in pledges made to back the agenda could help unlock at least USD 1 tn of socioeconomic and ecosystem gains, according to UN officials.<\/p>\n<p><strong>Who\u2019s on board?<\/strong> The US announced it will provide up to USD 49 bn in investments under its commitment to the agenda \u201cto ensure that climate-resilient water and sanitation remains a priority worldwide,\u201d according to its <a href=\"https:\/\/usun.usmission.gov\/u-s-national-statement-at-the-united-nations-2023-water-conference\/#:~:text=I%20am%20honored%20to%20announce,sanitation%20remain%20a%20priority%20worldwide.\">statement<\/a> during the conference. Under the plan, USAID will work with the US Congress to commit USD 700 mn until 2026 to for water solutions in 22 nations across Asia, Latin America, the Caribbean and sub-Saharan Africa. The UK will also provide GBP 18.5 mn for water in South Asia and sub-Saharan Africa, according to a <a href=\"https:\/\/www.gov.uk\/government\/news\/uk-announces-new-support-for-improving-access-to-safe-water-sanitation-and-hygiene-in-asia-and-africa\">statement<\/a>by the British government. Separately, Saudi Arabia said it has allocated USD 80 bn for water projects in the coming years under efforts to provide safe drinking water for all,<a href=\"https:\/\/www.spa.gov.sa\/viewstory.php?lang=en&newsid=2437761\">SPA<\/a> reported citing statements by the Deputy Minister for Water at the Environment, Water and Agriculture Abdulaziz Al Shaibani.<\/p>\n<p><strong>The region wants more action:<\/strong> UAE\u2019s Climate Change and Environment Minister Mariam bin Mohammed Almheiri urged more investments poured into water sustainability during the conference. She said water challenges once limited to desert countries or small developing nations were now seen. \u201cYet investment in the issue has never seen higher returns,\u201d Amheiri said <a href=\"https:\/\/press.un.org\/en\/2023\/envdev2055.doc.htm\">during an interactive dialogue<\/a> at the conference. Egypt\u2019s Irrigation and Water Resources Minister Hani Suwilem also <a href=\"https:\/\/bit.ly\/3LOBkJv\">took part<\/a>in the conference, stressing on the necessity of not dealing with water as an economic good, according to a <a href=\"https:\/\/www.facebook.com\/mwriSpokesman\/posts\/pfbid0EWVEHkAoMp2YtVSMKufSh8CmUKd87F7XpgPVjghf63x3ts9C6GcZFMx32t5jXkZKl\">statement<\/a> by the ministry. He spoke of Egypt being among states facing combined challenges resulting from climate change and water scarcity, highlighting a water deficit of up to 55%. Suwilem stressed the importance of an effective transboundary water cooperation for Egypt as he shed light on \u201cunilateral moves\u201d over the disputed Grand Ethiopian Renaissance Dam (GERD).<\/p>\n<p><strong>And there are bns at risk globally:<\/strong> Around 2 bn people \u2014 roughly 26% of the world\u2019s population \u2014 do not have access to safe drinking water, a landmark report released by the UN ahead of the conference showed. Some 3.6 bn people lack safely managed sanitation according to the report titled <a href=\"https:\/\/ent.news\/2023\/3\/841.pdf\">UN World Water Development Report 2023 (pdf).<\/a> Ensuring clean water under SDG goals for 2030 would cost between USD 600 bn and USD 1 tn annually, according to <a href=\"https:\/\/apnews.com\/article\/un-water-sanitation-conference-7a3671dc74f788e36adff9ef9879ed91\">statements<\/a> by the report\u2019s editor-in-chief Richard Connor.<\/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\/climate-policy\/\">CLIMATE POLICY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/sanitation\/\">sanitation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/un\/\">UN<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/un-water-conference\/\">UN Water Conference<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/water\/\">water<\/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=\"76668\" 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=\"76668\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">BIOFUEL<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/saudi-arabia-inaugurates-first-waste-to-biofuel-plant\/\">\r\n                            Saudi Arabia inaugurates first waste-to-biofuel plant                        <\/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\/2023\/03\/27\/saudi-arabia-inaugurates-first-waste-to-biofuel-plant\/\" 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\/2023\/03\/27\/saudi-arabia-inaugurates-first-waste-to-biofuel-plant\/')\">\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\/2023\/03\/27\/saudi-arabia-inaugurates-first-waste-to-biofuel-plant\/\">\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=Saudi Arabia inaugurates first waste-to-biofuel plant&url=https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/saudi-arabia-inaugurates-first-waste-to-biofuel-plant\/\">\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\/2023\/03\/27\/saudi-arabia-inaugurates-first-waste-to-biofuel-plant\/&title=Saudi Arabia inaugurates first waste-to-biofuel plant\">\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=Saudi+Arabia+inaugurates+first+waste-to-biofuel+plant+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F03%2F27%2Fsaudi-arabia-inaugurates-first-waste-to-biofuel-plant%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\/2023\/03\/27\/saudi-arabia-inaugurates-first-waste-to-biofuel-plant\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/6971.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76669\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/saudi-arabia-inaugurates-first-waste-to-biofuel-plant\/6971-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/6971.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"6971.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/6971.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/6971.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76668\" class=\"content-area-description single-story post-76668 post type-post status-publish format-standard has-post-thumbnail hentry category-biofuel tag-aramco tag-biofuel tag-biofuels tag-enterpriseclimate tag-saudi-arabia tag-waste-to-energy 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>KSA inaugurated the kingdom\u2019s first biofuel production plant in the country\u2019s <\/strong><strong>eastern province of Al Jubail<\/strong>, according to <a href=\"https:\/\/www.alriyadh.com\/2004089\">Al Riyadh<\/a> and a company <a href=\"https:\/\/www.linkedin.com\/posts\/the-biofuel-company_sustainable-madeinksa-thebiofuelcompany-activity-7044239000819150848-dkLb?utm_source=share&utm_medium=member_desktop\">statement<\/a> released last week. The production facility \u2014 operated by KSA\u2019s <a href=\"https:\/\/biofuel.sa\/\">The Biofuel Company<\/a> \u2014 is wholly financed by Saudi investors, with financial backing from Aramco\u2019s VC outfit Waed Ventures.<\/p>\n<p><strong>The details: <\/strong>The plant \u2014 which became operational in October \u2014 converts reclaimed cooking and palm oil into carbon-neutral biodiesel and has a yearly production capacity totalling some 4.2 mn liters of B100 biodiesel, the news outlet notes. The refinery\u2019s green fuel would be earmarked for the local market, and any excess biodiesel output would be exported to the European market.<\/p>\n<p><strong>Where are they getting the oil from? <\/strong>KSA-based restaurants and corporations including Aramco would supply the plant with used oils, the news outlet quotes Al Hussein as saying, adding that the plant would capitalize on KSA\u2019s ban on the export of waste materials to source the second-hand oil it needs.<\/p>\n<p><strong>Plans for another biofuel plant in Jeddah: <\/strong>KSA is looking to launch another biodiesel production facility in Jeddah to up its national production capacity in line with its 2060 carbon neutrality target, Al Hussein said, noting that the country wastes some 15k liters of oils on a monthly basis that can be converted into biofuels.<\/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\/aramco\/\">Aramco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/biofuel\/\">biofuel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/biofuels\/\">biofuels<\/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\/waste-to-energy\/\">WASTE TO ENERGY<\/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=\"76670\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76671\" 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=\"76671\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">CLIMATE IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/eu-puts-e-waste-in-the-crosshairs-with-new-proposed-legislation\/\">\r\n                            EU puts e-waste in the crosshairs with new proposed legislation                        <\/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\/2023\/03\/27\/eu-puts-e-waste-in-the-crosshairs-with-new-proposed-legislation\/\" 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\/2023\/03\/27\/eu-puts-e-waste-in-the-crosshairs-with-new-proposed-legislation\/')\">\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\/2023\/03\/27\/eu-puts-e-waste-in-the-crosshairs-with-new-proposed-legislation\/\">\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=EU puts e-waste in the crosshairs with new proposed legislation&url=https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/eu-puts-e-waste-in-the-crosshairs-with-new-proposed-legislation\/\">\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\/2023\/03\/27\/eu-puts-e-waste-in-the-crosshairs-with-new-proposed-legislation\/&title=EU puts e-waste in the crosshairs with new proposed legislation\">\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=EU+puts+e-waste+in+the+crosshairs+with+new+proposed+legislation+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F03%2F27%2Feu-puts-e-waste-in-the-crosshairs-with-new-proposed-legislation%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\/2023\/03\/27\/eu-puts-e-waste-in-the-crosshairs-with-new-proposed-legislation\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/823.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76672\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/eu-puts-e-waste-in-the-crosshairs-with-new-proposed-legislation\/823-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/823.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"823.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/823.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/823.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76671\" class=\"content-area-description single-story post-76671 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-in-the-news tag-carbon-storage tag-climate-in-the-news tag-enterpriseclimate tag-eu tag-recycling wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>EU cracks down on e-waste:<\/strong> EU consumers may be able to request repairs for their worn-out home appliances between five to 10 years after purchase in a bid to crack down on consumer goods being trashed and replaced, <a href=\"https:\/\/www.reuters.com\/business\/sustainable-business\/companies-would-have-offer-repairs-worn-out-products-up-10-years-under-proposed-2023-03-22\/\">Reuters<\/a> reported. The new rule being discussed by the EU's executive branch would apply to fridges, vacuum cleaners, televisions, washing machines and other consumer goods deemed \u201crepairable\u201d under EU law. The inclusion of smartphones and tablets is also being considered. Companies could have the option to charge consumers for their repair once the guarantee expires, according to the newswire.<\/p>\n<p><strong>Is direct air capture too expensive? <\/strong>Capturing carbon from the air proved to be too energy intensive for it to play a significant role in reaching global climate goals, a future energy scenario modeled by Shell revealed, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-03-21\/carbon-sucking-tech-could-need-more-energy-than-all-homes-use?leadSource=uverify%20wall\">Bloomberg<\/a>. Shell\u2019s scenario illustrated that if the world limits its emissions in line with the Paris agreement, the demand for direct air capture would rise to 66 <a href=\"https:\/\/www.kylesconverter.com\/energy,-work,-and-heat\/exajoules-to-joules#:~:text=1%20Exajoule%3A,000%20000%20000%20000%20J.\">exajoules<\/a> by the end of the century\u2014 more than the amount of energy needed to heat the world\u2019s homes in the same period.<\/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\/climate-in-the-news\/\">CLIMATE IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/eu\/\">EU<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/recycling\/\">recycling<\/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=\"76673\" 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=\"76673\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/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\/2023\/03\/27\/adq-launches-vertical-farming-project-in-abu-dhabi-norway-to-support-egypts-petrojet-on-green-hydrogen-production\/\">\r\n                            ADQ launches vertical farming project in Abu Dhabi + Norway to support Egypt\u2019s Petrojet on green 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        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/adq-launches-vertical-farming-project-in-abu-dhabi-norway-to-support-egypts-petrojet-on-green-hydrogen-production\/\" 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 project\u2019s pilot phase spans a surface area of 1k sqm and will yield 10 tons of produce per annum when it comes online by the end of 3Q 2023. An expansion reaching 40k sqm is expected to produce more than 40 kilo tons of crops annually \u2014 roughly 6% of the country\u2019s consumption.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Norway\u2019s DNV Group <\/strong>signed an MoU with <strong>Egyptian contractor Petrojet<\/strong> to support <strong>green hydrogen production in Egypt<\/strong>. DNV will provide technical expertise and assessments for the viability of potential projects including technical assistance in renewable power generation, energy storage projects, and infrastructure for hydrogen transportation. (<a href=\"https:\/\/www.dnv.com\/news\/dnv-and-petrojet-sign-mou-to-support-green-hydrogen-projects-in-egypt-241311\">Statement<\/a>)<\/li>\n<li><strong>Two Saudi astronauts<\/strong> will conduct <strong>cloud seeding experiments in <\/strong><strong>microgravity <\/strong>during a 10-day mission to the<strong> International Space Station <\/strong>commencing on 12 May. (<a href=\"https:\/\/www.thenationalnews.com\/gulf-news\/saudi-arabia\/2023\/03\/22\/saudi-astronauts-to-conduct-cloud-seeding-experiments-in-space\/\">The National News<\/a>)<\/li>\n<\/ul>\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\/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\/italy\/\">Italy<\/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\/vertical-farming\/\">Vertical farming<\/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=\"76675\" 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=\"76675\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/japans-jera-snaps-up-belgiums-biggest-offshore-wind-energy-platform\/\">\r\n                            Japan\u2019s Jera snaps up Belgium\u2019s biggest offshore wind energy platform                        <\/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\/2023\/03\/27\/japans-jera-snaps-up-belgiums-biggest-offshore-wind-energy-platform\/\" 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\/2023\/03\/27\/japans-jera-snaps-up-belgiums-biggest-offshore-wind-energy-platform\/')\">\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\/2023\/03\/27\/japans-jera-snaps-up-belgiums-biggest-offshore-wind-energy-platform\/\">\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=Japan\u2019s Jera snaps up Belgium\u2019s biggest offshore wind energy platform&url=https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/japans-jera-snaps-up-belgiums-biggest-offshore-wind-energy-platform\/\">\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\/2023\/03\/27\/japans-jera-snaps-up-belgiums-biggest-offshore-wind-energy-platform\/&title=Japan\u2019s Jera snaps up Belgium\u2019s biggest offshore wind energy platform\">\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=Japan%E2%80%99s+Jera+snaps+up+Belgium%E2%80%99s+biggest+offshore+wind+energy+platform+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F03%2F27%2Fjapans-jera-snaps-up-belgiums-biggest-offshore-wind-energy-platform%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\/2023\/03\/27\/japans-jera-snaps-up-belgiums-biggest-offshore-wind-energy-platform\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/6\/141.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76676\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/27\/japans-jera-snaps-up-belgiums-biggest-offshore-wind-energy-platform\/141-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/6\/141.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"141.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/6\/141.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/6\/141.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76675\" class=\"content-area-description single-story post-76675 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-belgium tag-eni tag-enterpriseclimate tag-germany tag-japan tag-renewables tag-usa wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Jera acquires Belgium's largest offshore wind energy platform:<\/strong> Japan\u2019s largest power generation company, Jera, has fully acquired Belgian renewables company <a href=\"https:\/\/www.virya-energy.com\/\">Virya Energy<\/a>\u2019s wind energy platform <a href=\"https:\/\/parkwind.eu\/about-us\/history\">Parkwind<\/a> for EUR 1.55 bn, according to a company <a href=\"https:\/\/www.jera.co.jp\/english\/information\/20230322_1109\">statement<\/a>. The transaction will see Jera add 771 MW of clean energy to its portfolio from Parkwind\u2019s Belgium-based plants, 257 MW from the <a href=\"https:\/\/parkwind.eu\/projects\/arcadis-ost-i\">Arcardis Ost<\/a> offshore farm in Germany, and 4.5 GW of renewable energy from Parkwind\u2019s pipeline of global projects, the statement notes. The transaction is expected to close later in 2023, with both sides exploring the possibility of Virya re-investing in a minority stake of Parkwind\u2019s Belgian wind energy assets, and potential co-development opportunities in the country.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li>Italian oil giant Eni is investing<strong> EUR 5 bn by 2030 to add 4 GW to its renewable <\/strong><strong>energy capacity<\/strong>, and have <strong>40% of the company\u2019s power mix<\/strong> generated from green fuels. Solar plants will account for half of the 4 GW, while wind and green hydrogen will account for 1 GW each. Eni currently has a renewable capacity of 2 GW. (<a href=\"https:\/\/www.reuters.com\/business\/sustainable-business\/italys-edison-invest-5-bln-euros-boost-renewable-growth-2023-03-21\/\">Reuters<\/a>)<\/li>\n<li><strong>Japan\u2019s<\/strong> third largest <strong>oil producer <\/strong><strong><a href=\"https:\/\/www.cosmo-energy.co.jp\/en\/top.html\">Cosmo Energy Group<\/a><\/strong> will channel <strong>USD 1.1 <\/strong><strong>bn<\/strong> to <strong>green energy investments<\/strong> by 2026. (<a href=\"https:\/\/www.reuters.com\/business\/sustainable-business\/japans-cosmo-allocate-30-investment-green-energy-next-3-yrs-2023-03-23\/\">Reuters<\/a>)<\/li>\n<li><strong>The US <\/strong>is allocating <strong>USD 200 mn<\/strong> to boost the country\u2019s <strong>hydroelectric power <\/strong><strong>and ocean energy<\/strong> generation capacity. (<a href=\"https:\/\/www.energy.gov\/articles\/biden-harris-administration-announces-over-200-million-modernize-and-expand-hydropower\">Statement<\/a>)<\/li>\n<li><strong>Transmission infrastructure for transporting green hydrogen between western Denmark and northern Germany will be ready by 2028<\/strong>, according to an agreement signed between the two countries on Friday. (<a href=\"https:\/\/www.reuters.com\/article\/germany-denmark-hydrogen-idUSL8N35W1N7\">Reuters<\/a>)<\/li>\n<\/ul>\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\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/belgium\/\">Belgium<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/eni\/\">Eni<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/germany\/\">Germany<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/japan\/\">Japan<\/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\/usa\/\">USA<\/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=\"76677\" 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\/2023\/03\/27\/76677\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76677\" class=\"content-area-description single-story post-76677 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>APRIL 2023<\/strong><\/p>\n<p>6 April (Thursday): Arabia CSR Awards 2022 Clinic (online).<\/p>\n<p>18-19 April (Tuesday-Wednesday): International Conference on Green Energy and Environmental Technology (ICGEET), Dubai, UAE.<\/p>\n<p><strong>MAY 2023<\/strong><\/p>\n<p>1-4 May (Monday-Thursday): <a href=\"https:\/\/www.wtm.com\/atm\/en-gb.html\">Arabian Travel Market<\/a>, Dubai, UAE.<\/p>\n<p>2-7 May (Tuesday-Sunday): <a href=\"https:\/\/www.agriculture.gov.ma\/ar\/actualites\/tnzym-almltqy-aldwly-llflaht-balmghrb-mn-02-aly-07-may-2023-bmknas\">Salon International de l\u2019Agriculture au Maroc (SIAM)<\/a>, Meknes, Morocco.<\/p>\n<p>4-6 May (Thursday-Saturday): International 100% Renewable Energy Conference (<a href=\"https:\/\/10times.com\/irenec\">IRENEC<\/a>), Istanbul, Turkey.<\/p>\n<p>8-10 May (Monday-Wednesday): Global Green Future Fuel, Dubai, UAE.<\/p>\n<p>9 May (Tuesday): <a href=\"https:\/\/www.world-hydrogen-summit.com\/programme\/\">World Hydrogen 2023 Summit & Exhibition<\/a>, Rotterdam, Netherlands.<\/p>\n<p>9-10 May (Tuesday-Wednesday): <a href=\"https:\/\/www.terrapinn.com\/exhibition\/solar-show-mena\/\">The Solar Show MENA<\/a>, Cairo, Egypt.<\/p>\n<p>16-18 May (Tuesday-Thursday): <a href=\"https:\/\/www.seatrademaritime-middleeast.com\/en\/home.html\">Seatrade Maritime Logistics Middle East<\/a>, Dubai, UAE.<\/p>\n<p>29-31 May (Monday-Wednesday): <a href=\"https:\/\/www.evinnovationsummit.com\">Electric Vehicle Innovation Summit<\/a>, Abu Dhabi, UAE.<\/p>\n<p>30 May-1 June (Tuesday-Thursday): <a href=\"https:\/\/www.timeshighered-events.com\/gsd-congress-2023\">Global Sustainable Development Congress<\/a>, King Abdullah University of Science and Technology (KAUST), KSA.<\/p>\n<p><strong>JUNE 2023<\/strong><\/p>\n<p>1-3 June (Thursday-Saturday): <a href=\"http:\/\/www.envirotecener-expo.com\/\">Envirotec and Energie Expo<\/a>, Tunis, Tunisia.<\/p>\n<p>12-15 June (Monday-Thursday): <a href=\"https:\/\/saudipp.com\/\">Saudi Plastics & Petrochem<\/a>, Riyadh, KSA.<\/p>\n<p>13-14 June (Tuesday- Wednesday) <a href=\"https:\/\/thearabgreensummit.com\/\">The Arab Green Summit<\/a>, Dubai, UAE.<\/p>\n<p>13-14 June (Tuesday- Wednesday) <a href=\"https:\/\/www.bloombergneweconomy.com\/gateway-africa\/\">Bloomberg New Economy Gateway Africa Conference<\/a>, Marrakesh, Morocco.<\/p>\n<p><strong>JULY 2023<\/strong><\/p>\n<p>3-7 July (Monday-Friday): <a href=\"https:\/\/aic2023.geo.unibuc.ro\/en\/\">The 36th Conference of the International Association of Climatology<\/a>, Bucharest, Romania.<\/p>\n<p><strong>AUGUST 2023<\/strong><\/p>\n<p>20 August-24 August (Sunday-Wednesday): <a href=\"https:\/\/www.worldwaterweek.org\/\">World Water Week 2023<\/a>, Stockholm, Sweden.<\/p>\n<p><strong>SEPTEMBER 2023<\/strong><\/p>\n<p>9-20 September (Saturday-Wednesday): <a href=\"https:\/\/www.un.org\/en\/conferences\/SDGSummit2023\">2023 Sustainable Development Goals Summit<\/a>, New York, U.S..<\/p>\n<p>11-13 September (Monday-Wednesday): Global Congress on Renewable and Non-Renewable Energy, Dubai, UAE.<\/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, UAE.<\/p>\n<p>4 October (Wednesday): Arabia CSR Gala Awarding Ceremony, UAE.<\/p>\n<p>16-18 October (Monday-Wednesday): <a href=\"https:\/\/www.climatelinks.org\/events\/climate-week-2022-2nd-world-conference-climate-change-sustainability\">Climate Week<\/a>, Rome, Italy.<\/p>\n<p>31 October \u2013 2 November (Tuesday-Thursday): <a href=\"https:\/\/www.worldhydropowercongress.org\/\">World Hydropower Conference<\/a>, Bali, Indonesia.<\/p>\n<p><strong>NOVEMBER 2023<\/strong><\/p>\n<p>9-10 November (Thursday-Friday): <a href=\"https:\/\/www.irena.org\/News\/pressreleases\/2023\/Mar\/IRENA-To-Hold-First-Latin-American-Investment-Forum-in-Uruguay\">International Renewable Energy Agency Investment Forum<\/a>, Uruguay.<\/p>\n<p>30 November - 12 December: <a href=\"https:\/\/unfccc.int\/\">Conference of the Parties (COP 28)<\/a>, Dubai, UAE.<\/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>Berlin\u2019s carbon neutrality target.<\/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>2050<\/strong><\/p>\n<p><a href=\"https:\/\/www.facebook.com\/Presidencedugouvernementtunisien\/posts\/pfbid02urYKuUDF91i7dtVRR3yrSFzM4p5aG1JUormqfgnbjuUMTSGzmL2DrY8Z7wyfA7vBl?locale=ar_AR\">Tunisia\u2019s carbon neutrality target<\/a>.<\/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":76652,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-76651","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"92fa9b81-57e7-4a0c-9161-b8fd31a0b861","teaser":"","photo_url":"https:\/\/ent.news\/2020\/5\/1446.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Masdar and Romania\u2019s Hidroelectrica partner on wind + solar energy projects - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/issues\/masdar-and-romanias-hidroelectrica-partner-on-wind-solar-energy-projects\/\" \/>\n<meta property=\"og:locale\" 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