{"id":77892,"date":"2023-06-08T01:07:49","date_gmt":"2023-06-08T01:07:49","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=77892"},"modified":"2025-12-15T09:04:44","modified_gmt":"2025-12-15T09:04:44","slug":"world-bank-extends-eur-113-6-mn-loan-for-tunisian-wastewater-ppp-contracts","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/world-bank-extends-eur-113-6-mn-loan-for-tunisian-wastewater-ppp-contracts\/","title":{"rendered":"World Bank extends EUR 113.6 mn loan for Tunisian wastewater PPP contracts"},"content":{"rendered":"<section id=\"77894\" 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=\"77894\">\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\/06\/08\/today-tunisian-wastewater-projects-get-a-financing-boost-from-world-bank-aramco-ventures-invest-in-british-saf-production-startup\/\">\r\n                            TODAY: Tunisian wastewater projects get a financing boost from World Bank + Aramco Ventures invest in British SAF production startup                        <\/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 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class=\"content-area-description single-story post-77894 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-aviation tag-carbon-storage tag-egypt tag-enterpriseclimate tag-eu tag-green-bonds tag-renewables tag-saudi-arabia tag-uae tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Good morning, wonderful people. <\/strong>We have a few climate stories making ripples in the region as we slide into the weekend.<\/p>\n<p><strong>THE BIG CLIMATE STORIES- <\/strong>The Tunisian government and the World Bank have signed a EUR 113.6 mn loan agreement to back the country\u2019s wastewater projects and Saudi Aramco\u2019s venture subsidiary Aramco Ventures has invested an undisclosed sum in the latest financing round by British sustainable fuels startup OXCCU.<\/p>\n<p><strong>^^ <\/strong><strong>We have the details on these stories and more in the news well, below.<\/strong><\/p>\n<p><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- Arctic summers could have no <\/strong><strong>ice as early as the 2030s under high emission scenarios<\/strong>, decades sooner than scientists predicted, according to <a href=\"https:\/\/www.nature.com\/articles\/s41467-023-38511-8\">research<\/a> published in Nature Communications. Under previously held <a href=\"https:\/\/www.ipcc.ch\/report\/ar6\/wg1\/chapter\/chapter-4\/\">best case warming scenarios<\/a> by the UN-backed Intergovernmental Panel on Climate Change, the Arctic was projected to see Septembers without sea ice as soon as 2050. The new research, however, indicates that even under lower-emissions predictions, the same outcome is inevitable between 2030-2040. \u201cIt has become too late to save the Arctic summer sea ice,\u201d study author from the University of Hamburg Dirk Notz said, adding that \u201cthere\u2019s nothing really we can do about this complete loss anymore, because we\u2019ve been waiting for too long.\u201d<\/p>\n<p><strong>The story grabbed headlines in the international press: <\/strong> <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-06-06\/the-arctic-will-have-ice-free-summers-as-soon-as-the-2030s\">Bloomberg<\/a> | <a href=\"https:\/\/www.theguardian.com\/environment\/2023\/jun\/06\/too-late-now-to-save-arctic-summer-ice-climate-scientists-find\">The Guardian<\/a> | <a href=\"https:\/\/www.france24.com\/en\/live-news\/20230606-arctic-could-be-ice-free-a-decade-earlier-than-thought\">AFP<\/a> | <a href=\"https:\/\/www.cnn.com\/2023\/06\/06\/world\/arctic-sea-ice-free-climate-change\/index.html\">CNN<\/a> | <a href=\"https:\/\/www.nytimes.com\/2023\/06\/06\/climate\/arctic-sea-ice-melting.html\">New York Times<\/a> | <a href=\"https:\/\/www.washingtonpost.com\/climate-environment\/2023\/06\/06\/arctic-sea-ice-melting\/\">Washington Post<\/a><\/p>\n<hr class=\"grey-line\">\n<p><strong>ENTERPRISE IS LOOKING FOR SMART, TALENTED PEOPLE of all backgrounds to help us build some very cool new things.<\/strong> Enterprise \u2014 the essential morning read on all the important news shaping business and the economy in Egypt and the region \u2014 is looking for writers, reporters and editors to help us build out new publications. Today, we run four daily Egypt and MENA-focused publications, five weekly industry verticals, and a weekend lifestyle edition designed to make our readers feel just a bit smarter.<\/p>\n<p><strong>We have tons more in the pipeline \u2014 come help us build new publications.<\/strong> We offer the chance to work in a fast-paced newsroom on a broad range of topics and in a variety of formats. Our goal is simple: To create value for our growing community of >250k daily readers by telling stories that matter.<\/p>\n<p><strong>Journalists looking to explore business, finance and economic stories are welcome. So are recent journalism school graduates.<\/strong><\/p>\n<p><strong>That said, we're looking for gifted story-tellers from all walks of life and across all professions<\/strong>, as long as they show a keen interest in learning to write about the stories, topics, businesses, and figures moving markets. Egyptian and foreign nationals alike are welcome to apply. So are job-switchers: If you\u2019re an equities analyst tired of the rat race, we\u2019re a great place to come work.<\/p>\n<p><strong>NEVER WORKED IN A NEWSROOM BEFORE?<\/strong> We have the Enterprise Business Writing Development Program. Whether you are a recent graduate, an industry vet, or looking to switch careers, the Enterprise Business Writing Development Program will give you the tools you need to tell the most important stories to our audience of C-suite officials, government ministers, diplomats, financiers, investors and entrepreneurs.<\/p>\n<p><strong>During the program you will learn:<\/strong><\/p>\n<ul>\n<li>The key news stories and trends shaping business and the economy in Egypt and the region, across various sectors;<\/li>\n<li>Business and finance for non-finance people: Whether it's industry jargon or key concepts or simply how to read a balance sheet;<\/li>\n<li>How to construct an Enterprise story: From idea formulation down to the structure, style and tone of writing;<\/li>\n<li>How to develop sources that will give you the key insights needed to tell a complete story;<\/li>\n<li>How to communicate these stories with the confidence and language of an insider.<\/li>\n<\/ul>\n<p><strong>Not an internship program \u2014 a career:<\/strong> The three-month program will see full-time, paid participants take part in workshops and lectures from veteran business journalists, while also working on and filing stories that will run on any of our publications. Those who have successfully completed the program, will then be given long-term job offers.<\/p>\n<p><strong>Apply directly to jobs@enterprisemea.com and mention \u201cwriting development program\u201d<\/strong> in your subject line.<\/p>\n<hr class=\"grey-line\">\n<p><strong>WATCH THIS SPACE #1- Egypt-KSA interconnection project testing will commence:<\/strong> Japan\u2019s Hitachi ABB Power Grids and the Saudi Electricity Company will begin testing the transformer stations for its 3 GW electricity linkup between Saudi Arabia and Egypt in July, <a href=\"https:\/\/www.asharqbusiness.com\/article\/50944\/%D9%85%D8%AD%D9%88%D9%84%D8%A7%D8%AA-%D8%A7%D9%84%D8%B1%D8%A8%D8%B7-%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A6%D9%8A-%D8%A8%D9%8A%D9%86-%D9%85%D8%B5%D8%B1-%D9%88%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9-%D8%AA%D9%82%D8%AA%D8%B1%D8%A8-%D9%85%D9%86-%D8%A7%D9%84%D8%A7%D8%AE%D8%AA%D8%A8%D8%A7%D8%B1\/\">Asharq Business<\/a> reports, citing sources it says have knowledge of the matter. The trial operations for the USD 1.8 bn Egypt-Saudi electricity interconnection are set to begin in <a href=\"https:\/\/enterprise.press\/stories\/2022\/10\/20\/egypt-saudi-electricity-interconnection-finally-has-a-timeline-84594\/\">May 2025<\/a>, with an official operational launch set for later in the same year.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>WATCH THIS SPACE #2- A possible CBD green bond issuance this week?<\/strong> The Commercial Bank of Dubai (CBD) said a decision might be made this week on its debut green bond issuance, it said in a <a href=\"https:\/\/ent.news\/2023\/6\/1363.pdf\">disclosure (pdf)<\/a> to the DFM yesterday. The bank says it has not decided on whether it will or will not proceed with any public market debt issuance at this stage, but confirmed it has hired banks to \u201cevaluate the potential issuance of a senior unsecured green bond.\u201d The clarification was released the same day <a href=\"https:\/\/www.reuters.com\/sustainability\/commercial-bank-dubai-gives-price-guidance-500-mln-green-bonds-2023-06-07\/\">Reuters<\/a> reported the bank plans to raise USD 500 mn through its inaugural sale of five-year green bonds at an initial price guidance of around 175 basis points over US Treasuries, citing a document it has seen.<\/p>\n<p><strong>WATCH THIS SPACE #3- EU renewables talks set to resume soon:<\/strong> The European Commission is still in negotiations with member states to reach an agreement on scaling up renewable energy by 2030, EU Energy Commissioner Kadri Simon told <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-06-07\/eu-still-in-talks-with-countries-on-renewables-deal-simson-says?srnd=premium\">Bloomberg<\/a> yesterday. EU policymakers decided to <a href=\"http:\/\/climate.enterprise.press\/stories\/2023\/05\/23\/today-neom-achieves-financial-close-for-usd-8-4-bn-green-hydrogen-project-101348\/\">postpone a vote<\/a> on raising the share of renewables after France opposed the law on grounds that it wanted more clarity on how nuclear power would be treated. The French plan to reopen the draft legislation has received criticism from several member countries, including Spain, which described the move as a \u201cvery dangerous exercise.\u201d The bloc\u2019s energy ministers are set to meet in Luxembourg on 19 June to discuss the deadlock if not solved before then, Bloomberg writes.<\/p>\n<p><strong>One reason France is balking? <\/strong>France says it needs to maintain its current nuclear capacity amid a forecasted surge in power demand by 2035, <a href=\"https:\/\/www.reuters.com\/business\/energy\/france-braces-power-demand-surge-driven-by-evs-alternative-fuels-2023-06-07\/\">Reuters<\/a> reports, citing a report by grid operator RTE. Electricity use is expected to rise by 10 TWh per year on average over the next decade to between 580 and 640 TWh in 2035 on the back of a growing demand for electric vehicle and battery plants. The report estimates an average of 350 TWh of nuclear power availability per year by 2035, yet stresses the need to extend the lifespan of the country's other reactors to 60 years to accommodate the surge in energy demand over the decade.<\/p>\n<hr class=\"grey-line\">\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>WATCH THIS SPACE #4- We\u2019ll have to pay more to fly green:<\/strong> A transition to net zero would mean higher air fares for passengers for decades, <a href=\"https:\/\/www.telegraph.co.uk\/business\/2023\/06\/06\/green-agenda-higher-air-fares-ex-ba-boss-willie-walsh\">The Telegraph<\/a> reports, citing comments by IATA Director General Willie Walsh. \u201cPeople have asked me, what\u2019s this going to mean for fares? It will mean higher fares. Because sustainable aviation fuel (SAF) is more expensive than traditional jet kerosene,\u201d Walsh says. Passengers have already been grappling with double-digit percentage rises in fares since last year due to inflationary pressures, but Walsh warns that increases even if inflation falls due to the added cost of airlines switching to SAF.<\/p>\n<p><strong>REMEMBER-<\/strong> The EU <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/73bdc340-7f9c-4518-b78d-3f4344260307\">agreed in April<\/a> to set binding targets for European aviation to boost its use of SAF in a bid to decarbonize the industry. The proposal aims to increase the use of SAF by ensuring fuel suppliers have 2% of the fuel accessible at EU airports as SAF in 2025, rising to 6% in 2030, 20% in 2035 and 70% in 2050. The EU carbon market is set to provide about EUR 2 bn to help airlines switch to SAF. Some 1.2% of fuels must also be synthetic fuels from 2030, rising to 35% in 2050. Aviation is a difficult sector to decarbonize and net zero aircrafts are not expected for another 10 years.<\/p>\n<hr class=\"grey-line\">\n<p><strong>DATA POINT #1- Most money invested in passively managed mutual funds that <\/strong><strong>track ESG indices fail to have an impact in the fight against climate change<\/strong>, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-06-06\/just-5-of-passive-esg-fund-investments-make-impact-study-says\">Bloomberg<\/a> reported this week, citing a <a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/epdf\/10.1111\/rego.12530\">study<\/a>. Researchers divided environmental, social, and governance indicators into three categories: Broad, light green, and dark green. The dark green indices refer to \u201cgenuinely sustainable assets,\u201d while the other, passively run indices have little impact on sustainability. According to the findings, only 5% of an estimated USD 190 bn of assets under management followed the dark green indices.<\/p>\n<p><strong>DATA POINT #2- Over half of Africa\u2019s 375 GW renewables portfolio is in North <\/strong><strong>Africa<\/strong>, with Egypt and Morocco leading the pack, an <a href=\"https:\/\/ent.news\/2023\/6\/1364.pdf\">outlook report (pdf)<\/a> by Africa Energy Chamber finds. Wind energy has the highest announced renewable capacity on the continent, currently standing at 134 GW, while solar came in close second with 120 GW and green hydrogen third at 112 GW. Egypt and Morocco represent almost half of the announced wind capacity, around 42% of solar capacity and 40% of green hydrogen.<\/p>\n<p><strong>And it will be a bit of a rollercoaster when green hydrogen picks up:<\/strong> Africa\u2019s share of solar and wind in renewable capacity is expected to increase until 2025 before hydrogen begins to gain traction, the report finds. Solar and wind contribute 80% of green energy capacity in the continent today, and the share is expected to increase to 85% by 2025, before falling five percentage points in the later half of the decade and then down to 75% between 2031-2035 as green hydrogen capacities begin to pick up. Over 75% of Africa\u2019s announced renewable capacity is still in the concept stage with only 7% currently in operation, the report adds.<\/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 regional publication for senior execs who care about the world\u2019s most important industry. <\/strong>Enterprise Climate covers everything from finance and tech to regulation, products and policy across the Middle East and North Africa. In a nod to the growing geographical ambitions of companies in our corner of the world, we also include an overview of the big trends and data points in nearby countries, including Africa and southern Europe.<\/p>\n<p><strong>Enterprise Climate is published by 5am CLT \/ 5am Riyadh \/ 6am UAE Monday through Thursday by Enterprise<\/strong>, the folks who bring you Enterprise Egypt, your essential 6am and 3pm read on business, finance, policy and economy in Egypt and emerging markets.<\/p>\n<p><strong>EXPLORE MORE OF ENTERPRISE ON THE WEB \u2014<\/strong> <a href=\"http:\/\/www.enterprise.news\">tap or click here<\/a> to read EnterpriseAM, EnterprisePM, and The Weekend Edition on our powerful new website packed with reader-friendly features.<\/p>\n<p><strong><a href=\"https:\/\/climate.enterprise.press\/subscribe\/\">Subscribe to Enterprise Climate 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<p><strong>THE DANGER ZONE- CCS is no easy way out: <\/strong>Excessive reliance on carbon capture and storage technology (CCS) could lead to the world missing the 1.5global warming target, the head of the Intergovernmental Panel on Climate Change Hoesung Lee told <a href=\"https:\/\/www.theguardian.com\/environment\/2023\/jun\/06\/carbon-capture-and-storage-is-no-free-lunch-warns-climate-chief-hoesung-lee\">The Guardian<\/a> this week. Lee warned countries against overuse, adding it was likely that global temperatures would surpass 1.5\u00b0C above pre-industrial levels, but could then be pushed to return to below 1.5\u00b0C by the end of the century. \u201cThe jargon for that is the overshoot,\u201d he said. \u201cCarbon dioxide removal methods will be much in demand if that overshoot indeed occurs,\u201d Lee added.<\/p>\n<p><strong>Overshoot = increasing warming: <\/strong>\u201cBut there will be a cost to doing that. There\u2019s no free lunch. And that cost includes that the longer the period of overshoot, there will be additional global warming, and there will be consequences of increased warming. There is also the possibility of positive feedback from that additional warming, creating more losses and damages during the overshoot period,\u201d he said. \u201cSo one wishes to avoid such an overshoot scenario.\u201d<\/p>\n<hr class=\"grey-line\">\n<p><strong>CIRCLE YOUR CALENDAR- <\/strong><\/p>\n<p><strong>Saudi Arabia will host the <\/strong><strong><a href=\"https:\/\/www.arabchinaconference.com\/en\/\">Arab-Chinese Business Conference<\/a><\/strong><strong> next Sunday, 11 June <\/strong><strong>and Monday, 12 June<\/strong> in Riyadh. The conference will bring together CEOs, business leaders, investors, and entrepreneurs from the Middle East and China to collaborate on new trade and investment initiatives in different sectors, including renewables and minerals. A panel discussion titled Clean Energy and Renewables \u2013 Pathways to Emissions Reduction is scheduled on the first day, according to the <a href=\"https:\/\/ent.news\/2023\/5\/1942.pdf\">program (pdf)<\/a>. The second day will focus on the localization of renewable energy and on value chain opportunities in mining.<\/p>\n<p><strong>The UAE will host <\/strong><strong><a href=\"https:\/\/thearabgreensummit.com\/\">The Arab Green Summit<\/a><\/strong><strong> on Tuesday, 13 June to Wednesday, 14 June<\/strong> in Dubai. The two-day summit will bring together industry players and experts for conversations on climate change and sustainability and solutions for concurrent climate-related issues in the region. Key themes to be addressed during the summit include industry decarbonization, renewable and clean energy potential and implementation, sustainable building and construction and others.<\/p>\n<p><strong>Morocco will host the <\/strong><strong><a href=\"https:\/\/www.bloombergneweconomy.com\/gateway-africa\/\">Bloomberg New Economy Gateway Africa<\/a><\/strong><strong>on Tuesday, 13 June to <\/strong><strong>Wednesday, 14 June<\/strong> in Marrakech. The event will bring together stakeholders from the private and public sector to discuss the world\u2019s most pressing topics and assess potential solutions. Those include the impact of a decelerating global economy, spiking food and energy prices, supply-chain shocks and risks of distress among sovereign borrowers.<\/p>\n<p><strong>France will host <\/strong><strong><a href=\"https:\/\/nouveaupactefinancier.org\/en.php\">The Summit for a New Global Financial Pact<\/a><\/strong><strong>on Thursday, 22 June to <\/strong><strong>Friday, 23 June <\/strong>in Paris. The two-day summit will bring together heads of states and heads of multilateral development banks, international organizations, the private sector and international NGOs to shape a new finance \u201ctoolbox\u201d and \u201cpave the way towards a more balanced financial partnership between the north and south.\u201d It will also see new agreements in a bid to relieve debt distress and allow countries to access additional financing to invest in sustainable development and slash emissions.<\/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 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\/aviation\/\">Aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/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\/green-bonds\/\">green bonds<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77896\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n      <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n        <span class=\"has-primary-color stk-highlight\"> This publication is proudly sponsored by<\/span>\r\n    <\/h4>\r\n\r\n    <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide mx-auto\">\r\n        <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/25497.png?ssl=1\">\r\n        <div class=\"overlay\"><\/div>\r\n        <div class=\"content\">\r\n            <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/25398.svg\" alt=\"\">\r\n            <\/a>\r\n            <span>Opening up a world of opportunity<\/span>\r\n        <\/div>\r\n    <\/div>\r\n\r\n      <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77897\" 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=\"77897\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/tunisia-world-bank-sign-eur-113-6-mn-loan-for-wastewater-ppp-contracts\/\">\r\n                            Tunisia, World Bank sign EUR 113.6 mn loan for wastewater PPP contracts                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn 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       <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/tunisia-world-bank-sign-eur-113-6-mn-loan-for-wastewater-ppp-contracts\/&title=Tunisia, World Bank sign EUR 113.6 mn loan for wastewater PPP contracts\">\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=Tunisia%2C+World+Bank+sign+EUR+113.6+mn+loan+for+wastewater+PPP+contracts+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F06%2F08%2Ftunisia-world-bank-sign-eur-113-6-mn-loan-for-wastewater-ppp-contracts%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\/06\/08\/tunisia-world-bank-sign-eur-113-6-mn-loan-for-wastewater-ppp-contracts\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/2\/679.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77898\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/tunisia-world-bank-sign-eur-113-6-mn-loan-for-wastewater-ppp-contracts\/679-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/2\/679.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"679.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/2\/679.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/2\/679.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77897\" class=\"content-area-description single-story post-77897 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-debt-watch tag-enterpriseclimate tag-tunisia tag-wastewater-treatment 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-01\"><\/a> <strong>A helping hand for Tunisia:<\/strong> The Tunisian government and the World Bank have signed a EUR 113.6 mn loan agreement to back the country\u2019s Sanitation Public-Private Partnership (PPP) Support project, according to a <a href=\"https:\/\/www.worldbank.org\/en\/news\/press-release\/2023\/06\/06\/world-bank-provides-113-6-million-to-improve-wastewater-management-services-in-tunisia-through-ppp-contracts\">statement<\/a> released this week. The project aims to enhance the quality of wastewater management services in select areas in the country and support the country\u2019s National Office of Sanitation of Tunisia (ONAS) management of PPP contracts for sanitation services provision.<\/p>\n<p><strong>What we know about the project:<\/strong> The project comes under the government\u2019s steps through ONAS to develop PPPs through regional public service delegation contracts, the statement said. It will be structured under three main components: wastewater management infrastructure rehabilitation and retrofitting, wastewater management infrastructure operation and maintenance, and institutional backing and project management for ONAS.<\/p>\n<p><strong>What they said:<\/strong> \u201cThis project will support improved water supply and sanitation services for an estimated two mn direct beneficiaries \u2014 more than 500k households \u2014 in six governorates during the ten years of implementation,\" said World Bank Country Manager for Tunisia Alexandre Arrobbio.<\/p>\n<p><strong>REMEMBER-<\/strong> ONAS awarded the Tunisian water industry's first public-private partnership to a consortium led by French water utility company Suez <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/928165ce-4b72-4254-af24-2e2a84d05334\">in April<\/a>. ONAS chose Suez, Segor, SCET Group, and BIAT1 to operate the public wastewater treatment service for Sfax, Gab\u00e8s, Medenine, and Tataouine governorates. The 10-year, EUR 200 mn contract will be financed by the World Bank and by the Tunisian state, Suez said at the time.<\/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\/debt-watch\/\">DEBT WATCH<\/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\/wastewater-treatment\/\">wastewater treatment<\/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=\"77899\" 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=\"77899\">\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\">INVESTMENT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/ksas-aramco-ventures-invests-in-usd-22-bn-funding-round-for-british-sustainable-fuel-startup\/\">\r\n                            KSA\u2019s Aramco Ventures invests in USD 22 bn funding round for British sustainable fuel startup                        <\/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\/06\/08\/ksas-aramco-ventures-invests-in-usd-22-bn-funding-round-for-british-sustainable-fuel-startup\/\" 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\/06\/08\/ksas-aramco-ventures-invests-in-usd-22-bn-funding-round-for-british-sustainable-fuel-startup\/')\">\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\/06\/08\/ksas-aramco-ventures-invests-in-usd-22-bn-funding-round-for-british-sustainable-fuel-startup\/\">\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=KSA\u2019s Aramco Ventures invests in USD 22 bn funding round for British sustainable fuel startup&url=https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/ksas-aramco-ventures-invests-in-usd-22-bn-funding-round-for-british-sustainable-fuel-startup\/\">\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\/06\/08\/ksas-aramco-ventures-invests-in-usd-22-bn-funding-round-for-british-sustainable-fuel-startup\/&title=KSA\u2019s Aramco Ventures invests in USD 22 bn funding round for British sustainable fuel startup\">\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=KSA%E2%80%99s+Aramco+Ventures+invests+in+USD+22+bn+funding+round+for+British+sustainable+fuel+startup+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F06%2F08%2Fksas-aramco-ventures-invests-in-usd-22-bn-funding-round-for-british-sustainable-fuel-startup%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\/06\/08\/ksas-aramco-ventures-invests-in-usd-22-bn-funding-round-for-british-sustainable-fuel-startup\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/4843.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77900\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/ksas-aramco-ventures-invests-in-usd-22-bn-funding-round-for-british-sustainable-fuel-startup\/4843-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/4843.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"4843.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/4843.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/4843.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77899\" class=\"content-area-description single-story post-77899 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-aramco tag-aviation tag-enterpriseclimate tag-investment-watch tag-saudi-arabia tag-sustainable-aviation-fuels 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>Aramco Ventures supports British SAF production startup:<\/strong> Oil giant Saudi Aramco\u2019s venture subsidiary <a href=\"https:\/\/aramcoventures.com\/\">Aramco Ventures<\/a> is participating in the latest financing round by British sustainable fuels startup <a href=\"https:\/\/www.oxccu.com\/\">OXCCU<\/a> led by <a href=\"https:\/\/cleanenergyventures.com\/\">Clean Energy Ventures<\/a>, according to a <a href=\"https:\/\/ent.news\/2023\/6\/1365.pdf\">company statement (pdf)<\/a> published yesterday. OXCCU raised USD 22 mn to accelerate its efforts to commercialize its method of converting hydrogen and CO2 into sustainable aviation fuel (SAF) and other green fuels, the statement said. Aramco\u2019s share of the total investment secured by OXCCU was not disclosed.<\/p>\n<p><strong>Who were the other investors?<\/strong> The financing round saw participation from first-time investors including Italian oil company Eni\u2019s venture arm <a href=\"https:\/\/www.eni.com\/eninext\/en-US\/home.html\">Eni Next<\/a>, <a href=\"https:\/\/www.united.com\/ual\/en\/us\/fly\/company\/united-airlines-ventures.html\">United Airlines Ventures Sustainable Flight Fund<\/a>, and <a href=\"https:\/\/braavos.uk\/about\">Braavos<\/a>. Existing investors <a href=\"https:\/\/kiko.vc\/\">Kiko Ventures<\/a> and the University of Oxford contributed to this round, as well as <a href=\"https:\/\/www.trafigura.com\/\">Trafigura<\/a>, <a href=\"https:\/\/techenergyventures.com\/\">TechEnergy Ventures<\/a> and <a href=\"https:\/\/doral-tech.com\/\">Doral Energy-Tech Ventures<\/a>.<\/p>\n<p><strong>A one-stop-shop for SAF production:<\/strong> The startup\u2019s Oxefuel is made directly from electrified CO2 through a one-step process that creates a circular economy for aviation fuel, according to the company <a href=\"https:\/\/www.oxccu.com\/technology\">website<\/a>. The startup does this through a \u201cnovel, robust iron-based catalyst and process\u201d that can convert CO2 and green H2 from water into fuels. The new technology can reduce SAF costs by cutting capital costs by 50% while producing fewer byproducts, the statement said.<\/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\/aviation\/\">Aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/investment-watch\/\">INVESTMENT WATCH<\/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\/sustainable-aviation-fuels\/\">sustainable aviation fuels<\/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=\"77901\" 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                            \"\r\n            id=\"77901\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/77901\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77901\" class=\"content-area-description single-story post-77901 post type-post status-publish format-standard hentry wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class=\"web-image\"><a href=\"https:\/\/weareiph.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1828.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/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<section id=\"77902\" 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=\"77902\">\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\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/omans-nama-merges-power-supply-and-distribution-companies-to-cut-costs\/\">\r\n                            Oman\u2019s Nama merges power supply and distribution companies to cut costs                        <\/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\/06\/08\/omans-nama-merges-power-supply-and-distribution-companies-to-cut-costs\/\" 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\/06\/08\/omans-nama-merges-power-supply-and-distribution-companies-to-cut-costs\/')\">\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\/06\/08\/omans-nama-merges-power-supply-and-distribution-companies-to-cut-costs\/\">\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 Nama merges power supply and distribution companies to cut costs&url=https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/omans-nama-merges-power-supply-and-distribution-companies-to-cut-costs\/\">\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\/06\/08\/omans-nama-merges-power-supply-and-distribution-companies-to-cut-costs\/&title=Oman\u2019s Nama merges power supply and distribution companies to cut costs\">\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+Nama+merges+power+supply+and+distribution+companies+to+cut+costs+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F06%2F08%2Fomans-nama-merges-power-supply-and-distribution-companies-to-cut-costs%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\/06\/08\/omans-nama-merges-power-supply-and-distribution-companies-to-cut-costs\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1366.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77903\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/omans-nama-merges-power-supply-and-distribution-companies-to-cut-costs\/1366-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1366.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1366.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1366.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1366.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77902\" class=\"content-area-description single-story post-77902 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-enterpriseclimate tag-ma-watch tag-nama tag-oman 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>One merger to rule them all: <\/strong>Oman\u2019s Nama Holding Group, the holding company of state-owned power sector entities in the country, has announced the merger of all power supply and distribution entities under two entities: Nama Electricity Distribution and Nama Supply, <a href=\"https:\/\/twitter.com\/OmanNewsAgency\/status\/1666075112645480452\/photo\/1\">ONA<\/a>reported earlier this week, citing statements by the group\u2019s executives. The two entities are replacing Muscat Electricity Distribution Company, Mazoon Electricity Company, Majan Electricity Company and Tanweer Company.<\/p>\n<p><strong>Why now?<\/strong> The move comes under efforts to review costs, increase efficiency of the systems, and develop provided services, Ahmed Amer al Mahrezi, acting CEO of Nama Group said. \u2018It is part of a comprehensive initiative to review the electricity sector\u2019s costs and restructure the distribution and supply companies,\u2019 the company was quoted as saying by <a href=\"https:\/\/www.muscatdaily.com\/2023\/06\/06\/nama-merges-power-companies-for-cost-reduction-efficiency\/\">Muscat Daily<\/a>.<\/p>\n<p><strong>REMEMBER- <\/strong>The Oman Power and Water Procurement Company (OPWP) <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/5f0216f8-f9f0-4aae-98d3-c4590e280a34\">rebranded<\/a>to Nama Power and Water Procurement under Nama Group last month.<\/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\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/nama\/\">Nama<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77904\" 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=\"77904\">\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 DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/spanish-delegation-lands-in-morocco-to-boost-renewable-cooperation\/\">\r\n                            Spanish delegation lands in Morocco to boost renewable cooperation                        <\/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\/06\/08\/spanish-delegation-lands-in-morocco-to-boost-renewable-cooperation\/\" 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\/06\/08\/spanish-delegation-lands-in-morocco-to-boost-renewable-cooperation\/')\">\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\/06\/08\/spanish-delegation-lands-in-morocco-to-boost-renewable-cooperation\/\">\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=Spanish delegation lands in Morocco to boost renewable cooperation&url=https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/spanish-delegation-lands-in-morocco-to-boost-renewable-cooperation\/\">\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\/06\/08\/spanish-delegation-lands-in-morocco-to-boost-renewable-cooperation\/&title=Spanish delegation lands in Morocco to boost renewable cooperation\">\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=Spanish+delegation+lands+in+Morocco+to+boost+renewable+cooperation+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F06%2F08%2Fspanish-delegation-lands-in-morocco-to-boost-renewable-cooperation%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\/06\/08\/spanish-delegation-lands-in-morocco-to-boost-renewable-cooperation\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1367.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77905\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/spanish-delegation-lands-in-morocco-to-boost-renewable-cooperation\/1367-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1367.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1367.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1367.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1367.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77904\" class=\"content-area-description single-story post-77904 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-diplomacy tag-climate-diplomacy tag-enterpriseclimate tag-morocco tag-renewables tag-saudi-arabia tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Spain, Morocco seek to boost partnerships on renewables and more:<\/strong> Spain\u2019s Secretary of State for Trade Xiana Mendez and a delegation of 58 Spanish companies are in Casablanca for a three-day visit intended to boost local partnerships between Moroccan and Spanish companies, <a href=\"https:\/\/www.moroccoworldnews.com\/2023\/06\/355810\/spain-and-morocco-convene-in-casablanca-to-boost-investment-opportunities\">Moroccan World News<\/a> reports. The delegation will discuss partnerships in renewable energy, water management, environment, transport infrastructure and more. The visit will conclude today, following the end of a B2B dedicated day with 130 meetings scheduled.<\/p>\n<p><strong>What was on the agenda?<\/strong> The opening event \u2014 attended by Morocco\u2019s Minister of Trade Ryad Mezzour, Spain\u2019s Ambassador to Morocco Ricardo Diez-Hochleitner, and the President of the General Confederation of Moroccan Entreprises \u2014 was preceded by two panel discussions on existing investment opportunities in Morocco and the tools available for companies to finance those opportunities. Subsequent meetings also discussed avenues to promote relations between local stakeholders, and featured workshops on renewable energy and education.<\/p>\n<p><strong>REMEMBER-<\/strong> Earlier this year Spain and Morocco signed <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/88c92852-db0e-4997-84df-8d4537e709f2\">19 MoUs<\/a>, including renewable energy and water management agreements, and extended a credit line worth up to EUR 800 mn \u201cto promote investments in sectors such as railways, water, agri-food, and tourism.\u201d<\/p>\n<p><strong>ALSO WORTH NOTING-<\/strong><\/p>\n<ul>\n<li><strong>US Secretary of State<\/strong> Antony Blinken met with <strong>Saudi Crown Prince<\/strong> Mohammed bin Salman in Riyadh to discuss <strong>increasing cooperation<\/strong> in <strong>clean energy and tech<\/strong>. (<a href=\"https:\/\/arabic.cnn.com\/middle-east\/article\/2023\/06\/07\/state-dept-readout-blinken-and-mbs-affirmed-their-shared-commitment-to-stability-security-in-middle\">CNN<\/a>)<\/li>\n<li><strong>Argentina <\/strong>has expressed interest in cooperating with<strong> Egypt<\/strong> on<strong> renewable energy<\/strong>. (<a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02wcaqDLYQqKj9Wk6sNTv3ZQ63oyhcZ7Sqa4PMTvXqaDke2nQqRVjLxJmrWP12EgrUl\">Statement<\/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\/climate-diplomacy\/\">CLIMATE DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/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=\"77906\" 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=\"77906\">\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\">CLIMATE IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/paris-is-looking-to-plant-heat-resistant-trees-to-combat-climate-change\/\">\r\n                            Paris is looking to plant heat-resistant trees to combat climate change                        <\/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\/06\/08\/paris-is-looking-to-plant-heat-resistant-trees-to-combat-climate-change\/\" 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\/06\/08\/paris-is-looking-to-plant-heat-resistant-trees-to-combat-climate-change\/')\">\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\/06\/08\/paris-is-looking-to-plant-heat-resistant-trees-to-combat-climate-change\/\">\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=Paris is looking to plant heat-resistant trees to combat climate change&url=https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/paris-is-looking-to-plant-heat-resistant-trees-to-combat-climate-change\/\">\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\/06\/08\/paris-is-looking-to-plant-heat-resistant-trees-to-combat-climate-change\/&title=Paris is looking to plant heat-resistant trees to combat climate change\">\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=Paris+is+looking+to+plant+heat-resistant+trees+to+combat+climate+change+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F06%2F08%2Fparis-is-looking-to-plant-heat-resistant-trees-to-combat-climate-change%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\/06\/08\/paris-is-looking-to-plant-heat-resistant-trees-to-combat-climate-change\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1368.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77907\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/paris-is-looking-to-plant-heat-resistant-trees-to-combat-climate-change\/1368-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1368.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1368.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1368.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1368.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77906\" class=\"content-area-description single-story post-77906 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-france wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Paris to plant climate-resistant trees: <\/strong>The French capital intends to plant some 170k trees by 2026, including ones that are resistant to heat in anticipation of rising temperatures in the coming years, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-06-06\/paris-city-council-adopts-plan-to-plant-trees-that-survive-extreme-heat\">Bloomberg<\/a> writes. The new plan could see Paris plant heat-resistant trees such as the Turkish hazel, the Montpellier maple, and the European nettle tree instead of the traditional chestnut, linden, and Japanese pagoda trees which have lined Parisian streets since the 19th century. \u201cWe\u2019re going to diversify our trees ahead of climate change and an increasing number of heat waves,\u201d said deputy mayor for green spaces Christophe Najdovski. \u201cWe need species that will be able to handle the stress of not having water.\u201d<\/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\/france\/\">France<\/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=\"77908\" 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=\"77908\">\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\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/egypts-mnos-gear-up-to-tap-into-clean-energy\/\">\r\n                            Egypt\u2019s MNOs gear up to tap into clean energy                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <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\/06\/08\/egypts-mnos-gear-up-to-tap-into-clean-energy\/\" 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\/06\/08\/egypts-mnos-gear-up-to-tap-into-clean-energy\/')\">\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\/06\/08\/egypts-mnos-gear-up-to-tap-into-clean-energy\/\">\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\u2019s MNOs gear up to tap into clean energy&url=https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/egypts-mnos-gear-up-to-tap-into-clean-energy\/\">\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\/06\/08\/egypts-mnos-gear-up-to-tap-into-clean-energy\/&title=Egypt\u2019s MNOs gear up to tap into clean energy\">\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+MNOs+gear+up+to+tap+into+clean+energy+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F06%2F08%2Fegypts-mnos-gear-up-to-tap-into-clean-energy%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\/06\/08\/egypts-mnos-gear-up-to-tap-into-clean-energy\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1369.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77909\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/egypts-mnos-gear-up-to-tap-into-clean-energy\/1369-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1369.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1369.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1369.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1369.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77908\" class=\"content-area-description single-story post-77908 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-egypt tag-emissions tag-enterpriseclimate tag-green-finance tag-green-hydrogen tag-iraq tag-neom tag-renewables tag-saudi-arabia tag-totalenergies tag-uae tag-wind-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-05\"><\/a> <strong>Egypt\u2019s four telecoms companies are getting a taste of renewables:<\/strong> Egypt\u2019s New and Renewable Energy Authority (NREA) has signed contracts with the country\u2019s four mobile network operators for the conversion of their premises to operate on clean energy, according to a <a href=\"https:\/\/bit.ly\/3IZYNoB\">statement<\/a>. The contracts were signed with We, Orange Egypt, Etisalat Misr, and Vodafone Egypt.<\/p>\n<p><strong>What we know:<\/strong> The details provided are scant, but according to the contract, NREA will sell energy generated from its affiliated stations to the telecom operators so they can operate their premises on clean energy, according to the statement. The cost, the power capacity to be provided, and the duration of the contract have not been disclosed.<\/p>\n<p><strong>All part of Egypt\u2019s renewables drive:<\/strong> The move is in line with telecom operators\u2019 aim to transition to renewable energy in providing ICT services, CIT Minister Amr Talaat said in the statement. The step is also in line with Egypt\u2019s strategy to boost the use of renewable energy and reduce reliance on traditional energy sources, Electricity Minister Mohamed Shaker said, adding that Egypt aims to meet its targets of sourcing 42% of its energy from renewables by 2035 after reaching a 20% target last year.<\/p>\n<hr class=\"grey-line\">\n<p><strong>KSA\u2019s Red Sea Global to use Partanna\u2019s carbon-neutral concrete for landscape <\/strong><strong>nursery project:<\/strong> Bahamas-based net zero concrete firm Partanna has signed an agreement to supply concrete pavers for Saudi real estate developer <a href=\"http:\/\/www.redseaglobal.com\">Red Sea Global<\/a>\u2019s (RSG) 1 mn sqm landscape nursery, according to a <a href=\"https:\/\/www.redseaglobal.com\/en\/-\/red-sea-global-and-partanna-sign-product-supply-agreement-that-could-lay-the-future-for-carbon-negative-concrete-in-saudi-arabia\">statement<\/a>. The agreement \u2014 which follows an MoU inked eight months ago during COP27 \u2014 will provide Red Sea Global with 11k net zero concrete pavers. Partanna uses repurposed seawater brine generated from desalination projects to <a href=\"https:\/\/www.partanna.com\/technology\">create non-toxic building materials<\/a> that can absorb CO2 instead of using traditional cement materials, which <a href=\"https:\/\/www.cbsnews.com\/news\/cement-industry-co2-emissions-climate-change-brimstone\/#:~:text=But%20the%20cement%20industry%20is,after%20the%20U.S.%20and%20China.\">account for 8%<\/a> of the world\u2019s total carbon emissions.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li>The <strong>UAE<\/strong> is nixing registration fees for firms issuing <strong>green debt instruments<\/strong> \u2014- including sukuks and traditional climate-aligned bonds \u2014 this year in a bid to support funding for climate-friendly projects. (<a href=\"https:\/\/www.sca.gov.ae\/en\/media-center\/news\/6\/6\/2023\/exempting-companies-wishing-to-list-their-green-or-sustainability-linked-bonds-or-sukuk-in-a-local-m.aspx\">Statement<\/a>)<\/li>\n<li><strong>Iraq\u2019s Electricity Ministry <\/strong>has approved <strong>TotalEnergies\u2019 planned 1 GW solar <\/strong><strong>plant<\/strong> in Iraq\u2019s Basrah governorate following an <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/51dc97b8-0151-4e97-9b16-b64ed15a741e\">agreement<\/a> inked in April. (<a href=\"https:\/\/www.ina.iq\/186800--.html\">Iraq News Agency<\/a>)<\/li>\n<li>China\u2019s <strong>Envision Energy<\/strong> will supply wind turbines with a capacity of <strong>1.67 GW<\/strong> to power Neom\u2019s <strong><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/548d32c9-8980-405b-99dd-753b3d2cfd5a\">USD 8.4 bn green hydrogen project<\/a><\/strong>, which is slated to become <strong>fully operational in 2026<\/strong>. (<a href=\"https:\/\/www.evwind.es\/2023\/06\/06\/chinas-envision-energy-bags-1-67-gw-wind-turbine-contract-for-neom-green-hydrogen-project-in-saudi-arabia\/92091\">Statement<\/a>)<\/li>\n<li><strong>Abu Dhabi<\/strong> has managed to reduce the use of <strong>single-use plastic bags<\/strong> by <strong>95%<\/strong> since a ban was implemented in June 2022. (<a href=\"https:\/\/wam.ae\/en\/details\/1395303165996\">Wam<\/a>)<\/li>\n<li><strong>Qatar\u2019s <\/strong><strong><a href=\"https:\/\/www.alfardan.com.qa\/en\/\">Alfardan Group<\/a><\/strong> <strong>signed an MoU<\/strong> with e-waste recycling company <strong><a href=\"https:\/\/erf.com.qa\/\">Electronics Recycling Factory<\/a><\/strong> to recycle its <strong>electronic waste<\/strong>. (<a href=\"https:\/\/thepeninsulaqatar.com\/article\/06\/06\/2023\/alfardan-group-signs-mou-with-electronics-recycling-factory\">The Peninsula<\/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\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/emissions\/\">emissions<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-finance\/\">green finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/neom\/\">Neom<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/totalenergies\/\">totalenergies<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/wind-energy\/\">Wind 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=\"77910\" 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=\"77910\">\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\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/exxon-wants-the-eu-to-follow-the-steps-of-us-over-climate-action-shell-green-ad-campaign-gets-the-ax-over-being-misleading\/\">\r\n                            Exxon wants the EU to follow the steps of US over climate action + Shell \u2018green\u2019 ad campaign gets the ax over being misleading                        <\/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\" 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photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1370.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77911\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/exxon-wants-the-eu-to-follow-the-steps-of-us-over-climate-action-shell-green-ad-campaign-gets-the-ax-over-being-misleading\/1370-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1370.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1370.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1370.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1370.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77910\" class=\"content-area-description single-story post-77910 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-bess tag-enterpriseclimate tag-fossil-fuels tag-greenwashing tag-shell wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Exxon wants the EU to let the market be:<\/strong> The EU should follow the example of US policy with regards to climate action and \u201clet the market work\u201d to avoid pushing companies away with limiting rules, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-06-07\/exxon-ceo-tells-europe-to-follow-us-approach-to-climate-action\">Bloomberg<\/a> reports, citing comments made by Exxon Mobil CEO Darren Woods. \u201cI think it\u2019s a huge mistake to be picking winners and losers and focusing on specific technologies,\u201d Woods said. \u201cInstead we should be looking more broadly at letting the markets figure out which solutions provide the most emissions reductions for the lowest cost.\u201d<\/p>\n<p><strong>Pass the subsidies:<\/strong> Woods was referring to the Biden administration\u2019s landmark Inflation Reduction Act passed last year, which offers USD 370 bn in tax subsidies to slash carbon emissions. The package is stirring interest in CCS technologies, which are otherwise seen as costly and likely to fail. Exxon has committed to spending USD 17 bn on low-carbon initiatives until 2027, including plans for carbon capture.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Italy-based Eni <\/strong>energy company\u2019s renewables subsidiary <strong>Eni Plenitude<\/strong> has completed construction of a <strong>utility scale battery plant <\/strong>with an installed capacity of 15 MW in the Italian island of Sardinia. The plant will be complemented with an energy storage unit totaling 9 MW. (<a href=\"https:\/\/www.reuters.com\/business\/energy\/enis-plenitude-completes-first-utility-scale-battery-plant-italy-2023-06-07\/\">Reuters<\/a>)<\/li>\n<li><strong>A Shell advertising campaign<\/strong> promoting green initiatives has been <strong>banned in <\/strong><strong>the UK<\/strong> for not making it clear to consumers that most of the company\u2019s business is based on <strong>fossil fuels<\/strong>. (<a href=\"https:\/\/www.theguardian.com\/business\/2023\/jun\/07\/shells-green-ad-campaign-banned-in-uk-for-being-likely-to-mislead\">The Guardian<\/a>)<\/li>\n<li><strong>Japanese financial conglomerate <\/strong><strong><a href=\"https:\/\/www.sbigroup.co.jp\/english\/\">SBI Holdings<\/a><\/strong> and <strong>climate tech startup <\/strong><strong><a href=\"https:\/\/earthene.com\/corporate\/en\">Asuene<\/a><\/strong> established a Japan-based <strong>JV<\/strong> for <strong>regional carbon trading<\/strong> called <strong>CarbonEX<\/strong>. The exchange will host both private-sector voluntary credits and non-fossil certificates. (<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-06-07\/sbi-forms-joint-venture-to-set-up-carbon-exchange-in-japan?srnd=green\">Bloomberg<\/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\/bess\/\">BESS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/fossil-fuels\/\">fossil fuels<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/greenwashing\/\">Greenwashing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/shell\/\">Shell<\/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=\"77912\" 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=\"77912\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/air-quality-monitoring-networks-could-be-a-huge-untapped-source-of-biodiversity-data\/\">\r\n                            Air quality monitoring networks could be a huge untapped source of biodiversity data                        <\/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\/06\/08\/air-quality-monitoring-networks-could-be-a-huge-untapped-source-of-biodiversity-data\/\" 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\/06\/08\/air-quality-monitoring-networks-could-be-a-huge-untapped-source-of-biodiversity-data\/')\">\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\/06\/08\/air-quality-monitoring-networks-could-be-a-huge-untapped-source-of-biodiversity-data\/\">\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=Air quality monitoring networks could be a huge untapped source of biodiversity data&url=https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/air-quality-monitoring-networks-could-be-a-huge-untapped-source-of-biodiversity-data\/\">\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\/06\/08\/air-quality-monitoring-networks-could-be-a-huge-untapped-source-of-biodiversity-data\/&title=Air quality monitoring networks could be a huge untapped source of biodiversity data\">\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=Air+quality+monitoring+networks+could+be+a+huge+untapped+source+of+biodiversity+data+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F06%2F08%2Fair-quality-monitoring-networks-could-be-a-huge-untapped-source-of-biodiversity-data%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\/06\/08\/air-quality-monitoring-networks-could-be-a-huge-untapped-source-of-biodiversity-data\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1372.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77913\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/06\/08\/air-quality-monitoring-networks-could-be-a-huge-untapped-source-of-biodiversity-data\/1372-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1372.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1372.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1372.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1372.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77912\" class=\"content-area-description single-story post-77912 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-biodiversity tag-climate-change tag-enterpriseclimate tag-on-your-way-out 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-08\"><\/a> <strong>Air quality monitoring stations are unintentionally capturing large amounts of <\/strong><strong>airborne DNA from animals and plants helping scientists track biodiversity<\/strong>, <a href=\"https:\/\/www.bbc.com\/future\/article\/20230606-how-air-pollution-sensors-can-find-wildlife\">BBC Future Planet<\/a> reports, citing a <a href=\"https:\/\/ent.news\/2023\/6\/1371.pdf\">paper (pdf)<\/a> published in Current Biology. Scientists have been able to extract airborne DNA from air quality monitoring stations\u2019 filters in the form of skin cells, saliva, hair, and feces. The paper looked at data collected from air quality filters in Scotland and London in 2021 and 2022, and collected environmental DNA from more than 180 different plants, fungi, insects, mammals, and amphibians.<\/p>\n<p><strong>Why is this important?<\/strong> Air monitoring infrastructure \u201cmay represent a tremendous opportunity to collect high resolution biodiversity data on national scales,\u201d the study concluded, adding that it can allow scientists to analyze changes in species \u201con geographical and temporal scales \u2026 unforeseen until recently.\u201d<\/p>\n<p><strong>Some unique benefits:<\/strong> Air quality stations around the world collect data on a daily or weekly basis in a highly regulated and standardized way, which is \u201cunheard of in biodiversity science,\u201d lead author of the study Elizabeth Clare explained. Traditional biodiversity monitoring methods \u2014 which involve setting up camera traps or tracking footprints \u2014 are often more resource-intensive and expensive than air quality monitoring, Clare adds.<\/p>\n<p><strong>But it can\u2019t capture everything:<\/strong> While the consistency in data collection helps scientists analyze changes given the access to a \u201ccomplete picture of what is happening in the area,\u201d these stations are often not operational in biodiverse places, associate professor at the University of Gothenburg in Sweden Matthias Obst points out. Additionally, there is likely to be a much higher rate of false positives than in the case of conventional methods.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/biodiversity\/\">biodiversity<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-change\/\">climate change<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/on-your-way-out\/\">ON YOUR WAY OUT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77914\" 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\/06\/08\/77914\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77914\" class=\"content-area-description single-story post-77914 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>JUNE 2023<\/strong><\/p>\n<p>5-15 June (Monday-Thursday): <a href=\"https:\/\/unfccc.int\/sb58\">Bonn Climate Change Conference<\/a>, Bonn, Germany.<\/p>\n<p>5-8 June (Monday-Thursday): <a href=\"https:\/\/www.districtenergy.org\/events\/exhibit--2023\">IDEA2023<\/a>, Chicago, US.<\/p>\n<p>8 June (Thursday): <a href=\"http:\/\/www.envirotecener-expo.com\/\">Envirotec and Energie Expo<\/a>, Tunis, Tunisia.<\/p>\n<p>11-12 June (Sunday-Monday): <a href=\"https:\/\/www.arabchinaconference.com\/en\/\">Arab-Chinese Business Conference<\/a>, Riyadh, Saudi Arabia.<\/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>13-14 June (Tuesday- Wednesday): <a href=\"https:\/\/event.businessfrance.fr\/vision-golfe-en\/\">Vision Golfe 2023<\/a>, French Ministry of the Economy, Finance and Industrial and Digital Sovereignty, Paris, France.<\/p>\n<p>22-23 June (Thursday-Friday) The UN\u2019s <a href=\"https:\/\/climatechampions.unfccc.int\/event\/summit-for-a-new-global-financing-pact\/\">Summit for a New Global Financing Pact<\/a>, Paris, France.<\/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>22-23 July (Saturday-Sunday): <a href=\"https:\/\/ent.news\/2023\/4\/1066.pdf\">Second COP27 transitional committee workshop<\/a>, Bangkok, Thailand.<\/p>\n<p>TBD: <a href=\"https:\/\/www.facebook.com\/EGY.Environment\/posts\/pfbid02AYrL9tbYtkBKjqFzfhVFqssS5ZazH3KNVfq1awDFEEPuszMVK6Ytkg2WzUVisy4fl\">Egypt\u2019s post-COP27 Environmental and Climate Investment Forum<\/a>, hosted by Egypt, Switzerland and UNIDO.<\/p>\n<p><strong>AUGUST 2023<\/strong><\/p>\n<p>20-24 August (Sunday-Wednesday): <a href=\"https:\/\/www.worldwaterweek.org\/\">World Water Week 2023<\/a>, Stockholm, Sweden.<\/p>\n<p>29 August-1 September (Tuesday-Friday): <a href=\"https:\/\/ent.news\/2023\/4\/1066.pdf\">Third meeting of the COP27 Transitional Committee<\/a>, TBD.<\/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, USA.<\/p>\n<p>11-13 September (Monday-Wednesday): <a href=\"https:\/\/10times.com\/e1r3-x4p2-z8sd\">Global Congress on Renewable and Non-Renewable Energy<\/a>, Dubai, UAE.<\/p>\n<p>12-15 September (Tuesday-Friday): <a href=\"https:\/\/www.wto.org\/english\/forums_e\/public_forum_e\/public_forum_e.htm\">WTO Public Forum<\/a>, Geneva, Switzerland.<\/p>\n<p>28 September (Thursday):<a href=\"https:\/\/www.iea.org\/news\/first-ever-iea-critical-minerals-and-clean-energy-summit-to-take-place-on-28-september\">International Energy Agency Critical Minerals and Clean Energy Summit<\/a>, Paris, France.<\/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>Egypt set to <a href=\"https:\/\/bit.ly\/3MTNCjG\">launch alliance<\/a> to shore up climate financing in developing countries<\/p>\n<p><strong>OCTOBER 2023<\/strong><\/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>17-20 October (Tuesday-Friday): <a href=\"https:\/\/ent.news\/2023\/4\/1066.pdf\">Fourth meeting of the COP27 Transitional Committee<\/a>, TBD.<\/p>\n<p>29 October- 2 November (Sunday-Thursday): <a href=\"https:\/\/bit.ly\/40YIn6F\">Cairo Water Week<\/a>, Cairo, Egypt<\/p>\n<p>31 October \u2013 2 November (Tuesday-Thursday): <a href=\"https:\/\/www.worldhydropowercongress.org\/\">World Hydropower Congress<\/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>15-17 November (Wednesday-Friday): <a href=\"https:\/\/www.wetex.ae\/\">WETEX and Dubai Solar Show,<\/a> Dubai, UAE.<\/p>\n<p>15-18 November (Wednesday-Saturday): DEWA\u2019s <a href=\"https:\/\/mediaoffice.ae\/en\/news\/2023\/May\/07-05\/DEWA-MENA-Solar-Conference\">First MENA Solar Conference<\/a>, Dubai, UAE.<\/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>FEBRUARY 2024<\/strong><\/p>\n<p>26-28 February (Monday-Wednesday): <a href=\"https:\/\/conferences.uaeu.ac.ae\/warms2024\/en\/index.shtml\">Management and Sustainability of Water Resources<\/a>, Dubai, UAE.<\/p>\n<p><strong>EVENTS WITH NO SET DATE<\/strong><\/p>\n<p><strong>2023 <\/strong><\/p>\n<p>Mid-2023: Oman <a href=\"https:\/\/www.meed.com\/oman-to-sign-multibillion-dollar-hydrogen-contracts\">set to sign contracts<\/a> for green hydrogen projects.<\/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><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><strong>2025 <\/strong><\/p>\n<p><a href=\"https:\/\/www.iucn.org\/our-union\/iucn-world-conservation-congress\">International Union for Conservation of Nature World Conservation Congress<\/a>, Abu Dhabi, UAE.<\/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><a href=\"https:\/\/uitpsummit.org\/\">UITP Global Public Transport Summit<\/a>, Dubai, UAE.<\/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><strong>2027<\/strong><\/p>\n<p>MENA\u2019s district cooling market is <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/59376411-8296-47dc-87cc-43ddc792bba4\">expected to reach<\/a> USD 15 bn.<\/p>\n<p><strong>2030 <\/strong><\/p>\n<p>UAE\u2019s Abu Dhabi Commercial Bank (ADCB) wants to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ea65a4f2-e77c-426b-8ad0-9120704954f6\">provide AED 35 bn<\/a> in green financing.<\/p>\n<p>UAE <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a9c832ed-f423-479e-884d-90cabefe3a0b\">targets 14 GW<\/a> in clean energy capacity.<\/p>\n<p>Tunisia <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7c5659c7-cf17-4cd6-9d18-c8afb5c643fb\">targets 30%<\/a> of renewables in its energy mix.<\/p>\n<p>Qatar wants to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7881b1d2-724a-4914-ba85-0545e72901c9\">generate USD 17 bn<\/a> from its circular economy, creating 9k-19k jobs.<\/p>\n<p>Morocco\u2019s <a href=\"https:\/\/xlinks.co\/morocco-uk-power-project\/\">Xlinks<\/a> solar and wind energy project to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/52aefc63-82e3-42e3-8afc-960461fa5288\">generate 10.5 GW<\/a> of energy.<\/p>\n<p><strong>2035 <\/strong><\/p>\n<p>Qatar to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/77469f6c-f938-4a97-8cac-3146b39b6cbe\">capture up to 11 mn tons<\/a> of CO2 annually.<\/p>\n<p><strong>2045 <\/strong><\/p>\n<p>Qatar\u2019s Public Works Authority\u2019s (Ashghal) USD 1.5 bn sewage treatment facility to reach 600k cm\/d capacity.<\/p>\n<p><strong>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":77893,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-77892","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"025f7a08-49a7-4cc8-858f-570727d06f4f","teaser":"","photo_url":"https:\/\/ent.news\/2022\/9\/187.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>World Bank extends EUR 113.6 mn loan for Tunisian wastewater PPP contracts - 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\/world-bank-extends-eur-113-6-mn-loan-for-tunisian-wastewater-ppp-contracts\/\" \/>\n<meta property=\"og:locale\" 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