{"id":78435,"date":"2023-07-13T01:00:47","date_gmt":"2023-07-13T01:00:47","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=78435"},"modified":"2025-12-15T09:14:15","modified_gmt":"2025-12-15T09:14:15","slug":"climate-finance-mobilization-forum-pledges-over-usd-2-bn-in-climate-financing-for-mena-asia-and-latin-america","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/climate-finance-mobilization-forum-pledges-over-usd-2-bn-in-climate-financing-for-mena-asia-and-latin-america\/","title":{"rendered":"Climate Finance Mobilization Forum pledges over USD 2 bn in climate financing for MENA, Asia, and Latin America"},"content":{"rendered":"<section id=\"78437\" 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=\"78437\">\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\/07\/13\/today-mena-asia-and-latin-america-get-usd-2-bn-in-fresh-climate-financing-courtesy-of-the-climate-finance-mobilization-forum\/\">\r\n                            TODAY: MENA, Asia, and Latin America get USD 2 bn in fresh climate financing courtesy of the Climate Finance Mobilization Forum                        <\/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\/07\/13\/today-mena-asia-and-latin-america-get-usd-2-bn-in-fresh-climate-financing-courtesy-of-the-climate-finance-mobilization-forum\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Let\u2019s jump right in.<\/p>\n<p><strong>THE BIG CLIMATE STORY- <\/strong>Over USD 2 bn were pledged by Britain's Energy Security and Net Zero Secretary Grant Shapps and US Special Presidential Envoy on Climate John Kerry for slashing emissions and bolstering climate resilience in MENA, Asia, and South America.<\/p>\n<p><strong>^^ We have more details on this story and more in the news well, below. <\/strong><\/p>\n<p><strong>HAPPENING TODAY- The <\/strong><strong><a href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/mex_23_3764\">Ministerial on Climate Action (MoCA)<\/a><\/strong><strong> will kick off today <\/strong><strong>in Brussels <\/strong>and will conclude tomorrow. Co-hosted by European Commission Vice President Frans Timmermans, Canada's Environment and Climate Change Minister Steven Guilbeault, and China's Ecology and Environment Minister Huang Runqiu, the event will gather high-level officials from over 30 countries, including the G20, and keynote speeches will be given by UNFCCC Executive Secretary Simon Stiell and COP28 President-Designate Sultan Al Jaber.<\/p>\n<p><strong>Egypt\u2019s Environment Minister Yasmine Fouad will also take part<\/strong>, according to a <a href=\"https:\/\/bit.ly\/3NRc18Q\">statement<\/a>. The statement said the Brussels meeting will shed light on COP28 in Dubai and expected outcomes and build on the outcomes of Egypt-hosted COP27, including the landmark loss and damage fund and related mechanisms of activation and other topics.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>AND- Could we finally be seeing a COP28 agenda? <\/strong>The UAE is set to outline its COP28 agenda during the Brussels-hosted Ministerial on Climate Action, <a href=\"https:\/\/www.ft.com\/content\/954a55e9-8a58-4a9b-9bed-d8d25d98dec0\">The Financial Times<\/a> reports.<\/p>\n<p><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- It\u2019s a thin win for EU\u2019s nature law:<\/strong> In a blow to center-right lawmakers, the European Parliament narrowly backed a contentious <a href=\"https:\/\/www.europarl.europa.eu\/news\/en\/press-room\/20230707IPR02433\/nature-restoration-law-meps-adopt-position-for-negotiations-with-council\">nature law<\/a> aimed at restoring natural habitats. The session saw 336 in favor while 300 against with 13 abstentations. The legislation obliges countries within the bloc to put in place restoration measures on at least 20% of their land and sea areas by 2030. \"We have won. It is a social victory: for scientists, for young people, for a lot of companies and businesses, for the agricultural sector,\" Cesar Luena, the parliament's lead negotiator on the law, told journalists following the knife-edged vote. Yesterday\u2019s approval comes months after <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/4bce1e01-8a75-41ab-bfee-c923731bb5a3\">political pushback<\/a>against the law, with the EU parliament\u2019s majority group, the European People\u2019s Party (EPP), leading a campaign against the law as it argued that the proposal be scrapped on grounds that it would undermine food security.<\/p>\n<p><strong>What\u2019s next:<\/strong> EU member countries and lawmakers will now have to negotiate over the final text under hopes to reach an agreement before EU Parliament elections next year.<\/p>\n<p><strong>The story made the rounds in <\/strong><strong>the international press:<\/strong> <a href=\"https:\/\/www.reuters.com\/world\/europe\/eu-parliament-passes-nature-law-after-political-backlash-2023-07-12\">Reuters<\/a> | <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-07-12\/european-lawmakers-keep-alive-plan-to-restore-natural-habitats\">Bloomberg<\/a> | <a href=\"https:\/\/www.nytimes.com\/2023\/07\/12\/climate\/europe-nature-restoration-law.html\">New York Times<\/a> | <a href=\"https:\/\/www.theguardian.com\/world\/2023\/jul\/12\/eu-passes-nature-restoration-law-vote-meps\">The Guardian<\/a> | <a href=\"https:\/\/www.cnn.com\/2023\/07\/12\/europe\/eu-nature-restoration-law-climate-intl\/index.html\">CNN<\/a> | <a href=\"https:\/\/www.dw.com\/en\/farmers-revolt-against-eus-historic-nature-restoration-law\/a-65735393\">Deutsche Welle<\/a> | <a href=\"https:\/\/www.euronews.com\/my-europe\/2023\/07\/12\/nature-restoration-law-survives-knife-edge-vote-in-the-european-parliament-amid-right-wing\">Euro News<\/a><\/p>\n<p class='web-image'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1434.jpg?ssl=1\" alt='enterprise'><\/p>\n<p><strong>MARK YOUR CALENDARS- The Enterprise Finance Forum is taking place on 18-19 September at the St. Regis Hotel in Cairo. <\/strong>This flagship forum is the latest in our must-attend series of invitation-only, C-suite-level gatherings that allow senior members of our community to openly and frankly discuss critical issues in key sectors of the economy.<\/p>\n<p><strong>Day one is our Banking Forum<\/strong>, where we\u2019ll dive deep into topics of interest to commercial and investment bankers, from an outlook on the 12 months to come in M&A, IPO, and debt capital markets to the national, regional, and global trends that are (re)shaping our industry.<\/p>\n<p><strong>Day two is all about Fintech and Non-Banking Financial Services. <\/strong>We\u2019ll take a deep dive into everything from the magic of client acquisition to the prospects of consolidation and the coming of challenger banks.<\/p>\n<p><strong>** NEW: MORE NETWORKING TIME- <\/strong>Our agenda includes expanded networking time, including an expanded coffee break and a post-event networking room for you to interact with your peers and speak one-on-one with the team at Enterprise.<\/p>\n<p><strong><a href=\"https:\/\/finance.enterprise.news\/\">TAP OR CLICK HERE<\/a><\/strong><strong> if you want to express interest in attending. <\/strong>We\u2019ll be sending out the first batch of invitations just after the 30 June holiday.<\/p>\n<p><strong>Do you want to become a commercial partner?<\/strong> <a href=\"mailto:mtaalab@inktankir.com\">Ping a note<\/a> to Moustafa Taalab, our head of commercial, or <a href=\"https:\/\/finance.enterprise.news\/sponsor.html\">fill out this form<\/a> and we\u2019ll be in touch.<\/p>\n<p><strong>STAY TUNED for more detail <\/strong>about our agenda in the weeks to come.<\/p>\n<p><strong>DID YOU MISS THE ENTERPRISE EXPORTS AND FDI FORUM? <\/strong><strong><a href=\"https:\/\/podcasts.apple.com\/eg\/podcast\/the-enterprise-podcast\/id1617987136\">Tune in to the Enterprise Podcast and listen for yourself<\/a><\/strong><strong>:<\/strong> The Enterprise Podcast is back with another installment of our forum series, where we bring you audio recordings of what was said on stage at the Enterprise Exports and FDI Forum, which took place in May.<\/p>\n<p><strong>WANT TO LISTEN? Head to: <\/strong><a href=\"https:\/\/podcasts.apple.com\/eg\/podcast\/the-enterprise-podcast\/id1617987136?i=1000620168782\">Apple Podcast<\/a> | <a href=\"https:\/\/open.spotify.com\/episode\/1Py9gohdBSApgPy8cJ0MHC?si=jucGGDUaT2yNyDsaLKXwQQ&nd=1\">Spotify<\/a> | <a href=\"https:\/\/podcasts.google.com\/feed\/aHR0cHM6Ly93d3cub21ueWNvbnRlbnQuY29tL2QvcGxheWxpc3QvNWE1NmQ3YzMtZjI4MS00NTU3LThlMzEtYWFjODAxN2NjZjA2LzY4NmNmYTU5LTAwOTMtNDEyMS1hMTRjLWFlNmYwMDk3ZjEyMi81NDI0MGE5Ni04YWY5LTRkZGQtODExNi1hZTZmMDA5OTgxMzYvcG9kY2FzdC5yc3M=\">Google Podcast<\/a> | <a href=\"https:\/\/play.anghami.com\/episode\/1116856621?adj_t=dgl0aa8_64v1dnl&adj_campaign=ios&adj_adgroup=episode&adj_creative=126401725\">Anghami<\/a>. <strong>We\u2019re releasing a new episode every Sunday morning.<\/strong><\/p>\n<hr class=\"grey-line\">\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>WATCH THIS SPACE #1- One step forward for Jordan\u2019s green hydrogen <\/strong><strong>ambitions:<\/strong> The Jordanian Cabinet approved the formation of a national committee for green hydrogen headed by the country\u2019s Energy and Mineral Resources Minister, according to a <a href=\"https:\/\/bit.ly\/43hqSiE\">statement<\/a>. The committee will be tasked with following up on preparation of legislation and regulations and evaluating potential investments in the sector, the statement added.<\/p>\n<p><strong>REMEMBER- Jordan plans to announce its green hydrogen strategy next quarter,<\/strong> officials <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/48400bd6-088c-4e24-b57d-7a826d49ec0d\">said in June<\/a>. The strategy aims to turn the kingdom into a competitive hub for low-carbon hydrogen production.<\/p>\n<hr class=\"grey-line\">\n<p><strong>WATCH THIS SPACE #2- Solar is poised to be king: <\/strong>Solar energy generation is on track to meet net zero emissions by 2050 scenario, the International Energy Agency (IEA) said in a <a href=\"https:\/\/www.iea.org\/energy-system\/renewables\/solar-pv\">forecast<\/a>. It said solar PV generation rose by a record 270 terawatt-hour (TWh) to reach c. 1.3k TWh last year, highlighting solar\u2019s capacity in surpassing wind for the first time in history.<\/p>\n<p><strong>More to come:<\/strong> Solar PV\u2019s installed power capacity is set to surpass coal by 2027 to become the largest globally, the IEA forecasts. According to its predictions, cumulative solar PV capacity is set to triple by c. 1.5k GW, surpassing natural gas by 2026 and coal by 2027.<\/p>\n<hr class=\"grey-line\">\n<p><strong>FYI- Saudi\u2019s sovereign wealth fund took a tumble last year:<\/strong> Saudi Arabia\u2019s sovereign wealth fund the Public Investment Fund (PIF) suffered a USD 11 bn hit on investments in 2022 despite a global investments splurge, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-07-11\/saudi-wealth-fund-reports-11-billion-investment-loss-for-2022\">Bloomberg<\/a> reported earlier this week, citing data from the wealth fund\u2019s accounts. This hit to investments is an overturn from a profit of USD 19 bn on investment activities a year earlier. PIF \u2014 which manages c. USD 778 bn in assets \u2014 didn\u2019t reveal a figure shareholder returns for last year yet it garnered a 25% in 2021. This brings the fund\u2019s net loss attributable to the owner to SAR 36.6 bn (c. USD 9.8 bn) in 2022, down from a profit of SAR 81.8 in 2021.<\/p>\n<p><strong>PIF is hungry for renewables<\/strong>: PIF wholly-owned Badeel and renewables giant Acwa Power <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6824df2c-15b3-4392-acaa-d1721d4130b6\">signed in May<\/a> power purchase agreements with the Saudi Power Procurement Company to develop and operate three solar energy projects in the kingdom with a 4.5 GW cumulative generation capacity at an investment ticket of SAR 12.2 bn. The sovereign wealth fund is currently developing two other renewables plants in the kingdom, bringing its pipeline clean energy portfolio to 8 GW. It also <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c5a901c0-a5b8-4287-890d-9fa14277bd4e\">acquired in December<\/a> a 9.5% stake in German offshore wind developer and operator Skyborn Renewables.<\/p>\n<hr class=\"grey-line\">\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>CIRCLE YOUR CALENDAR- <\/strong><\/p>\n<p><strong>Thailand will host the <\/strong><strong><a href=\"https:\/\/unfccc.int\/event\/LD_wksp2\">second workshop on addressing loss and damage<\/a><\/strong><strong> from Saturday, <\/strong><strong>15 July to Sunday, 16 July <\/strong>in Bangkok. The workshop will see discussions on pathways to increasing funding for climate-induced loss and damage. The workshop is being held in preparation for the <a href=\"https:\/\/unfccc.int\/event\/tc3\">third meeting of the COP27 Transitional Committee<\/a> in August. The committee is tasked with operationalizing the Loss and Damage Fund, to be approved during the fourth transitional meeting in <a href=\"https:\/\/ent.news\/2023\/4\/1066.pdf\">October<\/a>.<\/p>\n<p><strong>Egypt will host the <\/strong><strong><a href=\"https:\/\/www.egyptminingforum.com\/\">Egypt Mining Forum<\/a><\/strong><strong> from Tuesday, 18 July to Wednesday, 19 July<\/strong> in Cairo. The event \u2014 organized by the country\u2019s Oil Ministry \u2014 will gather regional players as well as global mining firms in a bid to attract regional and foreign direct investments in the country\u2019s mining industry.<\/p>\n<p><strong>The UAE will host the <\/strong><strong><a href=\"https:\/\/10times.com\/e14k-ddfr-8f34\">International Conference on Solar Power Technology<\/a><\/strong><strong> from <\/strong><strong>Saturday, 22 July to Sunday, 23 July<\/strong> in Dubai. The conference will bring together industry leaders as well as academics and researchers to discuss trends and innovations in the solar energy production sector.<\/p>\n<p><strong>The UK will host the <\/strong><strong><a href=\"https:\/\/www.h2-view.com\/event\/london-hydrogen-africa-green-h2-investment-forum\/\">London Hydrogen-Africa Green H2 Investment Forum<\/a><\/strong><strong> from Tuesday, <\/strong><strong>25 July to Wednesday 26 July<\/strong> in London. The event will gather green hydrogen developers, investors, and policy makers to discuss challenges, regulatory frameworks, and investments in Africa\u2019s green hydrogen market.<\/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\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/cop28\/\">COP28<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/jordan\/\">Jordan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/pif\/\">PIF<\/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=\"78439\" 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=\"78440\" 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=\"78440\">\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\">CLIMATE FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/13\/climate-finance-mobilization-forum-pledges-over-usd-2-bn-in-climate-financing-for-mena-asia-and-latin-america\/\">\r\n                            Climate Finance Mobilization Forum pledges over USD 2 bn in climate financing for MENA, Asia, and Latin America                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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src=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1468.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78441\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/13\/climate-finance-mobilization-forum-pledges-over-usd-2-bn-in-climate-financing-for-mena-asia-and-latin-america\/1468-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1468.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1468.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1468.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1468.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78440\" class=\"content-area-description single-story post-78440 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-finance tag-carbon-offsetting tag-climate-finance tag-enterpriseclimate tag-green-finance tag-mena 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>Climate finance for nearly everyone: <\/strong>Over USD 2 bn were pledged by finance heads and philanthropists for slashing emissions and bolstering climate resilience in MENA, Asia, and South America, according to a <a href=\"https:\/\/www.gov.uk\/government\/news\/joint-statement-from-the-energy-security-and-net-zero-secretary-grant-shapps-and-us-special-presidential-envoy-on-climate-john-kerry\">joint UK-US statement<\/a>. The funds were pledged by Britain's Energy Security and Net Zero Secretary Grant Shapps and US Special Presidential Envoy on Climate John Kerry following the Climate Finance Mobilization Forum at Windsor Castle.<\/p>\n<p><strong>Where\u2019s the money going? <\/strong>The commitments include over USD 1 bn in emerging markets through a new venture by <a href=\"https:\/\/www.buildersvision.com\/\">Builders Vision<\/a>, Japanese trader Mitsui & Co and asset manager Renewable Resources Group Partnership, according to the statement. The funds will be directed to addressing impacts of climate change across critical supply chains in agriculture, natural resource development, and energy through nature-based solutions. Those include regenerative farming, agroforestry, and sustainable water management. These potential initial investment projects will cover areas in MENA and Central and South America, with an ambition for expansion to sub-Saharan Africa and East Asia in the future.<\/p>\n<p><strong>And there\u2019s more earmarked for the blue economy: <\/strong>Other announcements include a USD 100 mn commitment by Builders Vision for oceans-related investments and grants in emerging economies. Those would focus on blue carbon, oceans carbon divide offset, and shipping decarbonization. Asset manager <a href=\"https:\/\/leapfroginvest.com\/\">LeapFrog Investments<\/a> has also committed USD 500 mn for firms tackling climate change in Africa and Asia to help in the environment, energy, mobility and food sectors. The <a href=\"https:\/\/www.tonyelumelufoundation.org\/\">Tony Elumelu Foundation<\/a> said it will launch a USD 500 mn Coalition for African Entrepreneurs to help drive an additional 100k African youth entrepreneurs and small businesses.<\/p>\n<p><strong>A King Charles initiative is also taking part: <\/strong><a href=\"https:\/\/www.sustainable-markets.org\/\">The Sustainable Market Initiative<\/a>, which was founded by King Charles in 2020, announced its new <a href=\"https:\/\/www.sustainable-markets.org\/terra-carta\">Terra Carta Accelerator Fund<\/a> with a target of GBP 100 mn (c. USD 129.2 mn). The fund will focus on natural capital projects and supply chain in emerging and developing markets.<\/p>\n<p><strong>REMEMBER- The MENA climate finance gap is real: <\/strong>The MENA region continues to suffer from a large climate finance gap, with finance flows remaining feeble at USD 5.1-7.4 bn annually, according to <a href=\"https:\/\/unfccc.int\/news\/working-to-close-the-climate-finance-gap-in-the-arab-region\">UNFCCC figures<\/a>. The figure is lower than the minimum USD 436-487 bn needed by the region to address and cope with climate change until 2030, according to the UNFCCC.<\/p>\n<p><strong>IN OTHER CLIMATE FINANCE NEWS-<\/strong> <strong>Canada will provide USD 450 mn to the UN\u2019s Green<\/strong><strong> Climate Fund to help developing economies address climate change<\/strong>, <a href=\"https:\/\/www.reuters.com\/sustainability\/canada-pledges-450-million-un-climate-change-fund-2023-07-12\/\">Reuters<\/a> reports, citing Canada\u2019s Climate Minister Steven Guilbeault. He said the pledged funds represented a 50% increase from the country\u2019s previous pledge in 2019.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/carbon-offsetting\/\">carbon offsetting<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-finance\/\">climate finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-finance\/\">green finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/mena\/\">MENA<\/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=\"78442\" 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=\"78442\">\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\">ELECTRIC VEHICLES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/13\/uaes-nwtn-to-establish-a-new-ev-production-line-in-the-emirates\/\">\r\n                            UAE\u2019s NWTN to establish a new EV production line in the Emirates                        <\/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\/07\/13\/uaes-nwtn-to-establish-a-new-ev-production-line-in-the-emirates\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Both parties will also work towards advancing Abu Dhabi\u2019s automobile industry and transportation sector in line with the UAE\u2019s Industrial Vision 2031. The MoU is valid until 2025, and could be renewed if both parties agree.<\/p>\n<p><strong>The new agreement builds upon plans NWTN revealed last year:<\/strong> NWTN Motors <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/77b5104b-f16b-4835-9377-5378e286deeb\">signed a<\/a><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/77b5104b-f16b-4835-9377-5378e286deeb\">lease agreement<\/a> with industrial developer Khalifa Industrial Zone Abu Dhabi (<a href=\"https:\/\/www.kizad.ae\/\">Kizad<\/a>) for the EV assembly plant last September. In the initial phase, the facility\u2019s annual capacity would stand at 5-10k vehicles of semi-knocked-down EVs. In its second phase, NWTN wants to introduce several new EV models and expand the 25k sqm facility\u2019s capacity to 50k units per year.<\/p>\n<p><strong>SOUND SMART-<\/strong> Semi-knocked-down kit is a car-industry term for vehicles that arrive at a plant with the body already welded and coated or painted, along with nearly all the parts needed for assembly. It\u2019s called \u201cSKD\u201d in car-speak. A completely knocked down (CKD) kit is a box that arrives needing lots of work on site to assemble it, usually including welding and painting the body and often needing more local components. A CBU, or completely built up, vehicle is one that arrives at its destination already assembled, tires and all.<\/p>\n<p><strong>And there\u2019s export hopes: <\/strong>\u201cThe strategic location, with direct access to regional and global markets and proximity to world-class manufacturing infrastructure in Kizad, will allow NWTN to enhance its operations long-term and increase our export potential,\u201d NWTN CEO Alan Wu said at the time.<\/p>\n<p><strong>NWTN aren\u2019t the only ones: <\/strong>The first EV assembly facility in the UAE was inaugurated in Dubai <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/42e3e30b-ae52-4718-a2cd-29f5fe71d2d4\">back in October<\/a>. The M Glory Holding Group-owned AED 1.5 bn Al Damani Auto EV plant can currently assemble 10k cars annually, but it plans to raise the production capacity to 55k cars per annum over the coming few years. The factory will likely produce two models of Al Damani DMV300, which has a battery capacity of 52.7 kWh and can cover more than 405 km on a single charge, aiming to export the EVs to the wider GCC region, Egypt, Tanzania, Senegal, Mali and Kenya.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/electric-vehicles\/\">ELECTRIC VEHICLES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/evs\/\">EVs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/nwtn-motors\/\">NWTN Motors<\/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=\"78444\" 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=\"78444\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/13\/78444\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78444\" class=\"content-area-description single-story post-78444 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\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=\"78445\" 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=\"78445\">\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\/07\/13\/uaes-ryse-energy-acquires-us-wind-firm-primus-wind-power\/\">\r\n                            UAE\u2019s Ryse Energy acquires US wind firm Primus Wind Power                        <\/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\/07\/13\/uaes-ryse-energy-acquires-us-wind-firm-primus-wind-power\/\" 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\/07\/13\/uaes-ryse-energy-acquires-us-wind-firm-primus-wind-power\/')\">\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\/07\/13\/uaes-ryse-energy-acquires-us-wind-firm-primus-wind-power\/\">\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=UAE\u2019s Ryse Energy acquires US wind firm Primus Wind Power&url=https:\/\/enterpriseam.com\/climate\/2023\/07\/13\/uaes-ryse-energy-acquires-us-wind-firm-primus-wind-power\/\">\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\/07\/13\/uaes-ryse-energy-acquires-us-wind-firm-primus-wind-power\/&title=UAE\u2019s Ryse Energy acquires US wind firm Primus Wind Power\">\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=UAE%E2%80%99s+Ryse+Energy+acquires+US+wind+firm+Primus+Wind+Power+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F07%2F13%2Fuaes-ryse-energy-acquires-us-wind-firm-primus-wind-power%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\/07\/13\/uaes-ryse-energy-acquires-us-wind-firm-primus-wind-power\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/828.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78446\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/13\/uaes-ryse-energy-acquires-us-wind-firm-primus-wind-power\/828-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/828.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"828.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/828.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/828.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78445\" class=\"content-area-description single-story post-78445 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-enterpriseclimate tag-ma-watch tag-renewables tag-uae tag-usa 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-03\"><\/a> <strong>UAE\u2019s Ryse Energy acquires US-based Primus Wind Power: <\/strong>Abu Dhabi-based decentralized renewable energy solutions company Ryse Energy has acquired US portable wind turbine manufacturer <a href=\"https:\/\/www.primuswindpower.com\/\">Primus Wind Power<\/a>, <a href=\"http:\/\/www.tradearabia.com\/news\/OGN_411255.html\">Trade Arabia<\/a> reports. The financials of the agreement were not disclosed.<\/p>\n<p><strong>The details:<\/strong> The acquisition should enable Ryse Energy to expand in North America and manufacture its own wind energy systems in the US as well as continue production of Primus Wind Power\u2019s flagship <a href=\"https:\/\/www.primuswindpower.com\/wind-power-products\/\">Air turbine products<\/a> in the country, the news outlet notes.<\/p>\n<p><strong>Prime Wind Power\u2019s offerings: <\/strong>With over 185k wind turbines installed since 1995, Primus has a range of portable wind turbine offerings, including the <a href=\"https:\/\/www.primuswindpower.com\/wind-power-products\/air-30-turbine-21\/\">Air Silent X<\/a>, which is designed for marine environments; the <a href=\"https:\/\/www.primuswindpower.com\/wind-power-products\/air-30-turbine\/\">Air 30 turbine<\/a>, which generates 30 KWh of clean power per turbine on a monthly basis and is manufactured to withstand high wind environments; the <a href=\"https:\/\/www.primuswindpower.com\/wind-power-products\/air-40-turbine\/\">Air 40<\/a>, which the company describes as the world\u2019s most popular small windmill; and the <a href=\"https:\/\/www.primuswindpower.com\/wind-power-products\/air-breeze-turbine\/\">Air Breeze<\/a> turbine, which generates 40 KWh of power monthly and is built for coastal and desert environments.<\/p>\n<p><strong>Not the first time Ryse invests overseas: <\/strong>Back in October, the company and Yeo <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/67beca8e-2228-4539-a42f-f40b1734a443\">signed an<\/a><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/67beca8e-2228-4539-a42f-f40b1734a443\">agreement<\/a> to set up a UK-based JV to provide renewable energy battery storage solutions in the UK for wind, solar and micro-hydro projects.<\/p>\n<p><strong>About Ryse: <\/strong>Based in the UAE\u2019s Masdar city, Ryse <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a36cf367-dd18-4542-9112-f931c5030b7d\">raised USD 15 mn<\/a> in a single growth funding round led by <a href=\"https:\/\/www.rwe.com\/en\/products-and-services\/energy-transition-investments\/\">RWE Energy Transition Investments<\/a> last April. The company is a leading manufacturer of high-performance small wind turbine technologies globally. It offers several renewable energy systems \u2014 including solar and energy storage \u2014 which can be used as standalone technologies, grid-connected, off-grid with energy storage or hybridized technologies. It operates in various sectors, including decarbonizing infrastructure in telecoms and oil and gas networks, marine agriculture applications and providing renewable energy access for rural communities. The company has so far installed 4k wind turbines across all seven continents, it <a href=\"https:\/\/www.ryse.energy\/about-us\/#:~:text=RYSE%20ENERGY%20AT%20A%20GLANCE,challenging%20urban%20and%20rural%20environments.\">notes<\/a> on its website.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/usa\/\">USA<\/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=\"78447\" 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=\"78447\">\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\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/13\/the-maaden-ivanhoe-electric-jv-is-signed-sealed-delivered\/\">\r\n                            The Ma\u2019aden-Ivanhoe Electric JV is signed, sealed, delivered                        <\/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\/07\/13\/the-maaden-ivanhoe-electric-jv-is-signed-sealed-delivered\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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<a href=\"https:\/\/api.whatsapp.com\/send?text=The+Ma%E2%80%99aden-Ivanhoe+Electric+JV+is+signed%2C+sealed%2C+delivered+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F07%2F13%2Fthe-maaden-ivanhoe-electric-jv-is-signed-sealed-delivered%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\/07\/13\/the-maaden-ivanhoe-electric-jv-is-signed-sealed-delivered\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1904.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78448\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/13\/the-maaden-ivanhoe-electric-jv-is-signed-sealed-delivered\/1904-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1904.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1904.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1904.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1904.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78447\" class=\"content-area-description single-story post-78447 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-critical-minerals tag-enterpriseclimate tag-ivanhoe-electric tag-ma-watch tag-mining tag-saudi-arabia tag-us 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>It\u2019s a done deal for Ma\u2019aden, Ivanhoe:<\/strong> Saudi state-owned mining company Ma\u2019aden and US mineral development company Ivanhoe Electric have finalized setting up an exploration JV in Saudi Arabia, according to a <a href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/lZBfb4IwFMU_yx581F4kIttbNzLU-B-dyosp5YokQEkpOvfpB-K26HRxhIf25HdOz73EJUviJmwXBkyFImFRcV-5xrpFDWh2TBhBZ_YCBji2MZ-ZmtU0yOIcMAe2AZMhnYya7RbYb0Dcf_nBGbdg8joe6H2Ygg3GfX648dE73nfPkRF9bBcNes92t09102hfAldGvHjk9wxH4I-SPeIGkfCqhdPE082AuBI3KFE2clnIW6XS7KkGNdjv941AiCDCBhdxDa5ZtiJTZHlOEgeT47raN_fR1chCYiZyyZFMA1Q0SUSecIwxUf0wUxZTjEw441vs4w6jMQuQOOV8zN-FmZBZSZFVXSu1DLkS0kq7_rdyiD0RkVV5TqXwc65mhxQrQYki_nROi2An_ChuGlRRTPJtxWpfwDCPPZSWd5I2UsQ_CayszsviJ9e6qqDwXTnHtIrzC8cYZSiKkiSN5_MlhN266x10PaaxqZ__e_rwCU8LrmU!\/dz\/d5\/L0lHSklna0tDbEVLSUtVUW9ncFJBL29Od1FBRU1JQUFDRUVoZ0NLTTR6bEdDRklVbFF3Z1d0RzBaV2dBISEvNEpDaWpzWXBNaFRqVUUxdTBsc3BxYWEzYVMyTTFMSSEvWjdfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFEUTYvWjZfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFESTMvY29tcGFueVN5bWJvbC8xMjExL2h0dHA6JTAlMHRhZGF3dWwlMC9hbm5DYXQvMS9hbklkLzc0Nzc3\/\">disclosure<\/a> sent to Tadawul yesterday. The JV will be known as Ma\u2019aden Ivanhoe Electric Exploration and Development Limited Company, according to a <a href=\"https:\/\/ivanhoeelectric.com\/site\/assets\/files\/9463\/2023-07-06-ie-nr.pdf\">statement (pdf)<\/a> by Ivanhoe released last week.<\/p>\n<p><strong>A refresher on the transactions: <\/strong>Under transactions <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3a27dcd0-7191-4573-81d3-a4813962f4ed\">announced<\/a><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/12ddae5d-d53a-4521-8749-3aaf57584946\">earlier this year<\/a>, Ma\u2019aden has poured in USD 127.1 mn in Ivanhoe Electric to snap up a 9.9% stake in the company, according to the statement. Some USD 66 mn of Ma\u2019aden\u2019s proceeds will be pumped by Ivanhoe Electric into the new JV to fund exploration activities and the procurement of three new-generation proprietary electrical geophysical surveying transmitter Typhoon machines.<\/p>\n<p><strong>The Typhoon is coming: <\/strong>The Typhoon machines will be used to explore c. 48.5k km2 in the Arabian Shield, which the Saudi mining company has made exclusively available to the JV, according to the statement. One of the three machines is expected to arrive in Saudi Arabia next month, with surveying programs starting by September. A joint technical committee team will begin upon the arrival of the first Typhoon to survey geophysical anomalies that could indicate sulfide mineral deposits with copper, nickel, gold, and silver in the untapped area.<\/p>\n<p><strong>ALSO- Ma\u2019aden now has representation on Ivanhoe\u2019s board: <\/strong>Sofia Bianchi (<a href=\"https:\/\/www.linkedin.com\/in\/sofia-bianchi-7b29946\/?originalSubdomain=ch\">LinkedIn<\/a>) has been appointed as Ma\u2019aden\u2019s nominee to Ivanhoe Electric\u2019s BoD, bringing the number of board members to nine, according to the statement. She has wide expertise in finance, holding executive positions at PricewaterhouseCoopers and the European Bank for Reconstruction and Development. She is currently the CEO and founding partner of Switzerland\u2019s Atlante Capital Partners and is a non-executive director at Ma\u2019aden.<\/p>\n<p><strong>REMEMBER- KSA is betting big on critical mineral exploration:<\/strong> The kingdom is looking to unlock an estimated <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/551f255a-0fdc-447b-992d-0d0134c533b6\">USD 1.3 tn in mineral reserves<\/a> and aims to become a global hub for metals and minerals needed in the energy transition. It says it also has large untapped reserves of metals \u2014 including copper, zinc, phosphate, and gold \u2014 and it <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0f89aaa1-522d-4e62-bf5f-f6239fcb84a3\">plans to attract<\/a> some USD 32 bn in investments in its mining and mineral sector and award more than a dozen mining exploration licenses to international investors.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/critical-minerals\/\">critical minerals<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ivanhoe-electric\/\">Ivanhoe Electric<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/mining\/\">MINING<\/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\/us\/\">US<\/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=\"78449\" 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=\"78449\">\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\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/13\/metito-wants-to-establish-four-desalination-plants-in-egypt-to-support-green-hydrogen-production\/\">\r\n                            Metito wants to establish four desalination plants in Egypt to support green hydrogen production                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/13\/metito-wants-to-establish-four-desalination-plants-in-egypt-to-support-green-hydrogen-production\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/07\/13\/metito-wants-to-establish-four-desalination-plants-in-egypt-to-support-green-hydrogen-production\/')\">\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\/07\/13\/metito-wants-to-establish-four-desalination-plants-in-egypt-to-support-green-hydrogen-production\/\">\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=Metito wants to establish four desalination plants in Egypt to support green hydrogen production&url=https:\/\/enterpriseam.com\/climate\/2023\/07\/13\/metito-wants-to-establish-four-desalination-plants-in-egypt-to-support-green-hydrogen-production\/\">\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\/07\/13\/metito-wants-to-establish-four-desalination-plants-in-egypt-to-support-green-hydrogen-production\/&title=Metito wants to establish four desalination plants in Egypt to support green hydrogen production\">\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=Metito+wants+to+establish+four+desalination+plants+in+Egypt+to+support+green+hydrogen+production+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F07%2F13%2Fmetito-wants-to-establish-four-desalination-plants-in-egypt-to-support-green-hydrogen-production%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\/07\/13\/metito-wants-to-establish-four-desalination-plants-in-egypt-to-support-green-hydrogen-production\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/479.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78450\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/13\/metito-wants-to-establish-four-desalination-plants-in-egypt-to-support-green-hydrogen-production\/479-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/479.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"479.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/479.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/479.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78449\" class=\"content-area-description single-story post-78449 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-aquaculture tag-desalination tag-egypt tag-enterpriseclimate tag-green-hydrogen tag-metito tag-renewables 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>Metito is looking to support Egypt\u2019s green hydrogen boost:<\/strong> UAE-based water management solutions provider Metito is in talks with developers to establish four desalination plants to support Egyptian green hydrogen production facilities, Metito Managing Director Karim Madwar tells <a href=\"https:\/\/almalnews.com\/premium\/%d9%85%d8%a7%d8%aa%d9%8a%d8%aa%d9%88-%d8%aa%d8%aa%d9%81%d8%a7%d9%88%d8%b6-%d9%84%d8%aa%d8%af%d8%b4%d9%8a%d9%86-4-%d9%85%d8%ad%d8%b7%d8%a7%d8%aa-%d8%aa%d8%ad%d9%84%d9%8a%d8%a9-%d9%84%d9%85\/\">AlMal<\/a>. Each of the desalination facilities \u2014 all expected to be located in close proximity to planned <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/1f8d7402-6d05-4eae-b3b0-b5bb811be7ab\">green fuels plants<\/a> in Ain Al Sokhna \u2014 would have a 50k cubic meter production capacity. Metito has already established a desalination facility for Scatec and Fertiglobe\u2019s <a href=\"https:\/\/enterprise.press\/stories\/2022\/11\/09\/fertiglobe-commissions-100-mw-plant-kicking-off-a-big-day-for-green-hydrogen-in-egypt-86670\/\">100 MW green hydrogen plant<\/a> in Sokhna, Madwar says, and the plants would either be under a BOO agreement or be built under a joint partnership with the green fuels developers.<\/p>\n<p><strong>Metito has a track record in Egypt\u2019s water infrastructure industry:<\/strong> The company \u2014 along with Orascom Construction, Hassan Allam Construction, and Arab Contractors \u2014 is developing the <a href=\"https:\/\/enterprise.press\/stories\/2021\/08\/09\/worlds-biggest-wastewater-plant-gets-more-financing-50102\/\">Al Mahsama<\/a> agricultural drainage treatment plant.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li>Our friends at <strong><a href=\"https:\/\/www.weareinfinity.com\/\">Infinity<\/a><\/strong> signed an agreement with real estate company <strong><a href=\"https:\/\/ad-holding.com\/\">Arab Developers<\/a><\/strong><strong><a href=\"https:\/\/ad-holding.com\/\">Holding<\/a><\/strong> to establish <strong>EV charging stations <\/strong>across<strong> nine projects<\/strong> in Cairo and the Red and Mediterranean Sea coastal regions. (<a href=\"https:\/\/www.zawya.com\/ar\/%D8%A7%D9%84%D8%A8%D9%8A%D8%A7%D9%86%D8%A7%D8%AA-%D8%A7%D9%84%D8%B5%D8%AD%D9%81%D9%8A%D8%A9\/%D8%A8%D9%8A%D8%A7%D9%86%D8%A7%D8%AA-%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A7%D8%AA\/%D8%A7%D9%84%D9%85%D8%B7%D9%88%D8%B1%D9%88%D9%86-%D8%A7%D9%84%D8%B9%D8%B1%D8%A8-%D8%AA%D8%B9%D8%B2%D8%B2-%D8%AF%D9%88%D8%B1%D9%87%D8%A7-%D9%81%D9%8A-%D8%A7%D9%84%D8%AD%D9%81%D8%A7%D8%B8-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D8%A8%D9%8A%D8%A6%D8%A9-%D9%88%D8%AA%D8%AA%D8%B9%D8%A7%D9%82%D8%AF-%D9%85%D8%B9-%D8%A5%D9%86%D9%81%D9%86%D9%8A%D8%AA%D9%8A-%D9%84%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D9%85%D8%AD%D8%B7%D8%A7%D8%AA-%D8%B4%D8%AD%D9%86-%D9%84%D9%84%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A6%D9%8A%D8%A9-i6p40lr8\">Statement<\/a>)<\/li>\n<li>China\u2019s <strong><a href=\"https:\/\/www.longi.com\/\">LONGi<\/a><\/strong> is looking to unlock <strong>investments <\/strong>in <strong>Egypt\u2019s solar <\/strong><strong>energy and green hydrogen<\/strong> production sectors. (<a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02M3wd2kQtTn1kzhj1HR2xfNdMmjxv7BQzthj74pdAd3kSRYjhmtZR4RqyuDMr7t4Pl\">Statement<\/a>)<\/li>\n<li>Bahrain\u2019s <strong>Bapco Energies <\/strong>launched its<strong> ESG-linked finance framework <\/strong>with targets to push down<strong> scope 1 and 2 emissions <\/strong>from 2017 levels by 15% by 2025, 25% by 2030, 50% by 2040, and 75% by 2050 in a bid to achieve <strong>carbon-neutrality by 2060<\/strong>. (<a href=\"http:\/\/www.tradearabia.com\/news\/CONS_411230.html\">Trade Arabia<\/a>)<\/li>\n<li>International nonprofit <strong>WorldFish<\/strong> is partnering up with <strong>Norway<\/strong> for innovative <strong>renewable energy<\/strong> solutions for the <strong>aquaculture<\/strong> sector in <strong>Egypt<\/strong> under a four-year initiative. (<a href=\"https:\/\/worldfishcenter.org\/blog\/worldfish-and-norway-join-forces-promote-climate-smart-technologies-aquaculture-egypt\">Statement<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/aquaculture\/\">aquaculture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/desalination\/\">DESALINATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/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\/metito\/\">Metito<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78451\" 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=\"78451\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/13\/this-small-canadian-lake-could-mark-a-new-chapter-in-earths-history\/\">\r\n                            This small Canadian lake could mark a new chapter in Earth\u2019s history                        <\/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\/07\/13\/this-small-canadian-lake-could-mark-a-new-chapter-in-earths-history\/\" 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\/07\/13\/this-small-canadian-lake-could-mark-a-new-chapter-in-earths-history\/')\">\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\/07\/13\/this-small-canadian-lake-could-mark-a-new-chapter-in-earths-history\/\">\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=This small Canadian lake could mark a new chapter in Earth\u2019s history&url=https:\/\/enterpriseam.com\/climate\/2023\/07\/13\/this-small-canadian-lake-could-mark-a-new-chapter-in-earths-history\/\">\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\/07\/13\/this-small-canadian-lake-could-mark-a-new-chapter-in-earths-history\/&title=This small Canadian lake could mark a new chapter in Earth\u2019s history\">\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=This+small+Canadian+lake+could+mark+a+new+chapter+in+Earth%E2%80%99s+history+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F07%2F13%2Fthis-small-canadian-lake-could-mark-a-new-chapter-in-earths-history%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\/07\/13\/this-small-canadian-lake-could-mark-a-new-chapter-in-earths-history\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1470.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78452\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/13\/this-small-canadian-lake-could-mark-a-new-chapter-in-earths-history\/1470-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1470.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1470.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1470.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1470.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78451\" class=\"content-area-description single-story post-78451 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-anthropocene-epoch tag-crawford-lake tag-enterpriseclimate tag-fossil-fuels tag-nuclear-energy 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>A quiet Canadian lake could mark the start of the Anthropocene:<\/strong> A small lake in Canada\u2019s Ontario may be used as the marker for the start of Earth\u2019s Anthropocene epoch \u2014 a new geological chapter defined by humanity\u2019s impacts on the planet, <a href=\"https:\/\/www.nature.com\/articles\/d41586-023-02234-z\">Nature<\/a> reported earlier this week. Researchers, who have spent 14 years debating how to collect proof of when mankind began impacting the Earth, say that Crawford Lake\u2019s sediments have collected the fallout from nuclear bombs and fossil fuel burning.<\/p>\n<p><strong>The \u201cgolden spike\u201d: <\/strong>If given the nod by three geological organizations, a sediment core of the lake could become the \u201cgolden spike\u201d marking the start of the Anthropocene. The sediment layers hold a record of environmental history, including remains of dirty fuel burning and traces of radioactive plutonium from nuclear bomb testing. \u201cWe have the key markers of the Anthropocene \u2014 at Crawford Lake, they line up perfectly,\u201d said Francine McCarthy, who heads the team of researchers analyzing the lake.<\/p>\n<p><strong>So when does the Anthropocene start? <\/strong>Core samples taken from Crawford in 2019 and 2022 showed the plutonium traces increased in the early 1950s, but an additional sample taken this year showed that the year set for the golden spike could be 1950 which saw growing environmental changes or 1952 when levels of the radioactive chemical element rose dramatically.<\/p>\n<p><strong>But the timeline remains contentious among scientists: <\/strong>Critics argue pinning a new epoch to a recent time and place ignores the fact that humanity has been affecting the planet for much longer. \u201cFor Indigenous and other displaced and dispossessed peoples who were impacted by massive forms of violence that characterize the last 600 years, everything that leads up to what makes this global shift possible starts much earlier,\u201d says anthropologist Zoe Todd. Proponents of the spike, on the other hand, say that the move is not meant to mark the start of humanity\u2019s impact on the planet, but the planet\u2019s response to this change.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/anthropocene-epoch\/\">Anthropocene epoch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/crawford-lake\/\">Crawford Lake<\/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\/nuclear-energy\/\">Nuclear Energy<\/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=\"78453\" 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\/07\/13\/78453\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78453\" class=\"content-area-description single-story post-78453 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>JULY 2023<\/strong><\/p>\n<p>15-16 July (Saturday-Sunday): <a href=\"https:\/\/unfccc.int\/event\/LD_wksp2\">Second COP27 transitional committee workshop<\/a>, Bangkok, Thailand.<\/p>\n<p>18-19 July (Tuesday-Wednesday): <a href=\"https:\/\/www.egyptminingforum.com\/\">Egypt Mining Forum<\/a>, Cairo, Egypt.<\/p>\n<p>22-23 July (Saturday-Sunday): <a href=\"https:\/\/10times.com\/e14k-ddfr-8f34\">International Conference on Solar Power Technology<\/a>, Dubai, the UAE.<\/p>\n<p>25-26 July (Tuesday-Wednesday): <a href=\"https:\/\/www.h2-view.com\/event\/london-hydrogen-africa-green-h2-investment-forum\/\">London Hydrogen-Africa Green H2 Investment Forum<\/a>, London, UK.<\/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>21-22 August (Monday-Tuesday): <a href=\"https:\/\/crgconferences.com\/recycling\/\">International Conference on Recycling and Waste Management<\/a>, USA.<\/p>\n<p>21-22 August (Monday-Tuesday): <a href=\"https:\/\/crgconferences.com\/environmental\/\">International Conference on Environmental Sustainability and Climate Change<\/a>, USA.<\/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>5-7 September (Tuesday-Thursday): <a href=\"https:\/\/www.gweccc.com\/assets\/PDF\/GWECCC%202023_EVENT%20BROCHURE.pdf\">Global Water, Energy and Climate Change Congress<\/a>(GWECCC), Manama, Bahrain.<\/p>\n<p>9-10 September (Saturday-Sunday): <a href=\"https:\/\/www.g20.org\/en\/g20-india-2023\/new-delhi-summit\/\">G20 Heads of State and Government Summit<\/a>, New Delhi, India.<\/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>18-19 September (Monday-Tuesday): <a href=\"https:\/\/finance.enterprise.news\/\">The Enterprise Finance Forum<\/a>, Cairo, Egypt.<\/p>\n<p>19-21 September (Tuesday-Thursday): <a href=\"https:\/\/www.worldptxsummit.com\/\">World Power-to-X Summit<\/a>, Marrakesh, Morocco.<\/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>9-15 October (Monday-Sunday): <a href=\"https:\/\/www.imf.org\/en\/News\/Seminars\/Campaigns\/2023\/Marrakech2023\">World Bank\/IMF 2023 Annual Meetings<\/a>, Marrakech, Morocco.<\/p>\n<p>10-12 October (Tuesday-Thursday): <a href=\"https:\/\/aemobforum.com\/\">Autonomous E-Mobility Forum<\/a>, Doha, Qatar.<\/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>17-18 October (Tuesday- Wednesday): <a href=\"https:\/\/criticalmineralsafrica.com\/\">Critical Minerals Africa<\/a> summit, Cape Town, South Africa.<\/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>9-15 November (Thursday-Wednesday): <a href=\"https:\/\/www.intrafricantradefair.com\/\">Intra-African Trade Fair 2023<\/a>, Cairo, Egypt.<\/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>16-17 November (Thursday-Friday): <a href=\"https:\/\/www.dwtc.com\/en\/events\/world-green-economy-summit-wges-2023\/\">World Green Economy Summit (WGES)<\/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>20-24 November (Monday-Friday) I<a href=\"https:\/\/wam.ae\/en\/details\/1395303172305\">nternational Civil Aviation Organisation\u2019s Aviation and Alternative Fuels conference<\/a>, Dubai, UAE.<\/p>\n<p>27-30 November (Monday-Thursday) <a href=\"https:\/\/twitter.com\/ADGlobalMarket\/status\/1672228350046224384\">Abu Dhabi Finance Week (ADFW)<\/a>, Abu Dhabi, UAE.<\/p>\n<p>30 November - 12 December (Thursday-Tuesday): <a href=\"https:\/\/unfccc.int\/\">Conference of the Parties (COP 28)<\/a>, Dubai, UAE.<\/p>\n<p><strong>DECEMBER 2023<\/strong><\/p>\n<p>12-14 December (Tuesday-Thursday): <a href=\"https:\/\/www.facebook.com\/ghseoman\/\">Green Hydrogen Summit Oman<\/a>, Oman Convention and Exhibition Center, Muscat, Oman.<\/p>\n<p>18-20 December (Monday-Wednesday): <a href=\"https:\/\/saudi-sg.com\/en\/\">Saudi Arabia Smart Grid Conference<\/a>, Hilton Riyadh Hotel & Residences, Riyadh, Saudi Arabia.<\/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>APRIL 2024<\/strong><\/p>\n<p>16-18 April (Tuesday-Thursday): <a href=\"https:\/\/www.worldfutureenergysummit.com\/\">World Future Energy Summit<\/a>, Abu Dhabi, UAE.<\/p>\n<p>23-25 April (Tuesday-Thursday): <a href=\"https:\/\/www.mena.gh2events.com\/\">Connecting Green Hydrogen MENA<\/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\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    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