{"id":78611,"date":"2023-07-25T01:00:33","date_gmt":"2023-07-25T01:00:33","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=78611"},"modified":"2025-12-15T09:17:22","modified_gmt":"2025-12-15T09:17:22","slug":"ecaru-qalaa-holdings-and-frances-axens-to-study-biofuel-saf-production-in-egypt","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/ecaru-qalaa-holdings-and-frances-axens-to-study-biofuel-saf-production-in-egypt\/","title":{"rendered":"ECARU, Qalaa Holdings, and France\u2019s Axens to study biofuel + SAF production in Egypt"},"content":{"rendered":"<section id=\"78613\" 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=\"78613\">\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\/25\/today-ecaru-qalaa-holdings-and-frances-axens-set-to-conduct-studies-for-biofuel-and-saf-production-in-egypt\/\">\r\n                            TODAY: ECARU, Qalaa Holdings, and France\u2019s Axens set to conduct studies for biofuel and SAF production in Egypt                        <\/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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decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1491.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78614\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/today-ecaru-qalaa-holdings-and-frances-axens-set-to-conduct-studies-for-biofuel-and-saf-production-in-egypt\/1491-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1491.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1491.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1491.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1491.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78613\" class=\"content-area-description single-story post-78613 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-algeria tag-climate-change tag-enterpriseclimate tag-green-hydrogen tag-irena tag-renewables tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Good morning, ladies and gents. <\/strong>After an avalanche of news yesterday, the news cycle has slowed, culminating in a light and brisk issue for you to breeze through this morning.<\/p>\n<p><strong>THE BIG CLIMATE STORY- <\/strong>The Egyptian Company for Solid Waste Recycling, Qalaa Holdings, and France's Axens signed a cooperation protocol to conduct technical and economic studies for second-generation biofuel and sustainable aviation fuel production projects.<\/p>\n<p><strong>ALSO IN OUR NEWSWELL- <\/strong>Make sure you read part one of our conversation with Egypt\u2019s climate champion Mahmoud Mohieldin to find out why he thinks a fast tracked evolution of MDBs is vital for the energy transition.<\/p>\n<p><strong>^^ We have more details on these stories and more, below. <\/strong><\/p>\n<p><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- Thunberg\u2019s in lukewarm water: <\/strong>Swedish climate activist Greta Thunberg was forcibly carried away by police from a protest in Malmo hours after a local court fined her for disobeying a police order during a climate protest in June. Thunberg, who pleaded not guilty on grounds that she was acting out of necessity, was fined SEK 1.5k (USD 144) and an additional SEK 1k to the country\u2019s fund for crime victims. The fine comes a few weeks after Thunberg and other activists from the Reclaim the Future group blocked the road for trucks carrying oil at the Malmo harbor. She was charged for failing to follow police orders to leave at the time.<\/p>\n<p><strong>Thunberg\u2019s slap on the wrist got ink in the international press: <\/strong><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-07-24\/greta-thunberg-handed-240-fines-for-defying-police-media-says\">Bloomberg<\/a> | <a href=\"https:\/\/www.reuters.com\/world\/europe\/greta-thunberg-fined-disobeying-police-order-tt-2023-07-24\/\">Reuters<\/a> | <a href=\"https:\/\/apnews.com\/article\/sweden-greta-thunberg-climate-protest-b577049479e8103037866b90efb73d19\">The Associated Press<\/a> | <a href=\"https:\/\/www.barrons.com\/news\/police-remove-greta-thunberg-from-protest-hours-after-fine-afp-99b9f34c\">AFP<\/a> | <a href=\"https:\/\/www.theguardian.com\/environment\/2023\/jul\/24\/greta-thunberg-fined-for-disobeying-swedish-police-at-climate-protest\">The Guardian<\/a> | <a href=\"https:\/\/edition.cnn.com\/2023\/07\/24\/europe\/greta-thunberg-fine-sweden-climate-intl\/index.html\">CNN<\/a> | <a href=\"https:\/\/www.bbc.com\/news\/world-europe-66287756\">BBC<\/a><\/p>\n<hr class=\"grey-line\">\n<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>WATCH THIS SPACE- Algeria, Irena team up on renewables <\/strong><strong>and green hydrogen:<\/strong> Algeria\u2019s Energy and Mining Minister Mohamed Arkab met with International Renewable Energy Agency (Irena) Director Francesco La Camera in Algiers to build cooperation on climate financing and knowledge transfer in the mining and green hydrogen sectors, according to a <a href=\"https:\/\/www.facebook.com\/energyalgeria2021\/posts\/pfbid02kK8abWHLp7jepmfUWT7X8TNBwvNLx4uqito9wronoVHneyDMKgVw6gsthoy1dehXl\">statement<\/a>. The meeting came on the sidelines of the opening ceremony for bid submissions for <a href=\"https:\/\/www.facebook.com\/energyalgeria2021\/posts\/pfbid034fcxtCkTE4bXpzFXeD1Lg6HGV1TDKs8yxJAcjuYH9TZ2QeWdw6ZPhaGpN4GRuzdl\">15 solar plants<\/a> with a <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/903880ff-3695-4983-b933-7b2d38f5e2d8\">total capacity of 2 GW<\/a> to be installed across 12 states in Algeria.<\/p>\n<p><strong>Forging ahead with plans?<\/strong> Last January, Algeria charged state-owned gas company Sonelgaz with the production of <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9511f8b3-22e4-4836-a55d-f21382c72db9\">15 GW by 2035<\/a> from renewables. The meeting comes days after <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/4f2e1dd9-79af-44a5-89cd-1b37b5fe288c\">Algeria got the boot<\/a> from an ambitious European hydrogen plan on the back of diplomatic tensions with Madrid. Earlier this year, Arkab <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/bb876ef1-6733-4f17-8498-4aebc2a0527f\">met with a delegation from Saudi Delta Company<\/a> to discuss potential investments in renewables and green hydrogen through Algeria\u2019s state-owned oil firm Sonatrach.<\/p>\n<p class='web-image'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/44.jpg?ssl=1\" alt='enterprise'><\/p>\n<p><strong>CIRCLE 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><a href=\"https:\/\/finance.enterprise.news\/\">TAP OR CLICK HERE<\/a><\/strong> if you want to express interest in attending. We\u2019ll be sending out the first batch of invitations soon.<\/p>\n<p><strong>Do you want to become a commercial partner?<\/strong> Ping a note to <a href=\"mailto:mtaalab@inktankir.com\">Moustafa Taalab, our head of commercial<\/a>, or fill out <a href=\"https:\/\/finance.enterprise.news\/sponsor.html\">this form<\/a> and we\u2019ll be in touch.<\/p>\n<hr class=\"grey-line\">\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\/how-to-become-part-of-a-multinationals-supply-chain\/id1617987136?i=1000622000939\">Apple Podcast<\/a> | <a href=\"https:\/\/open.spotify.com\/episode\/57zbwQADGdOo5cMf37jSzM\">Spotify<\/a> | <a href=\"https:\/\/podcasts.google.com\/feed\/aHR0cHM6Ly93d3cub21ueWNvbnRlbnQuY29tL2QvcGxheWxpc3QvNWE1NmQ3YzMtZjI4MS00NTU3LThlMzEtYWFjODAxN2NjZjA2LzY4NmNmYTU5LTAwOTMtNDEyMS1hMTRjLWFlNmYwMDk3ZjEyMi81NDI0MGE5Ni04YWY5LTRkZGQtODExNi1hZTZmMDA5OTgxMzYvcG9kY2FzdC5yc3M\/episode\/MDUwOTc0ZGUtZGViOS00Zjc4LTliZGQtYjA0NzAxMGExMTUw?sa=X&ved=0CAUQkfYCahcKEwjA4YO_qKWAAxUAAAAAHQAAAAAQAQ\">Google Podcast<\/a> | <a href=\"https:\/\/play.anghami.com\/episode\/1118757834\">Anghami<\/a><strong>. We\u2019re releasing a new episode every Sunday morning.<\/strong><\/p>\n<p><strong>IN THIS WEEK\u2019S EPISODE- <\/strong>We ask some of the biggest multinationals and suppliers operating here \u2014 namely, in logistics, e-commerce, and FMCG \u2014 what it is they\u2019re looking for in a local partner, product or service and what are some of the pain points they\u2019ve had to cope with. We were joined on that panel by <strong>Khaled Morsy<\/strong>, CEO of DB Schenker Egypt,<strong> Omar Elsahy<\/strong>, General Manager at Amazon Egypt, <strong>Tarek Kame<\/strong>l, Chairman and CEO of Nestl\u00e9 Egypt and Sudan.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>     <a href=\"climate\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><p>***<\/p>\n<p><strong>YOU\u2019RE READING ENTERPRISE CLIMATE, the essential MENA publication for senior execs who care about the world\u2019s most important industry. <\/strong>We\u2019re out Monday through Thursday by 5am Cairo \/ 5am Riyadh \/ 6am UAE.<\/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>Were you forwarded this email? <strong>Get your own <\/strong><strong><a href=\"https:\/\/climate.enterprise.press\/subscribe\/\">subscription without charge here<\/a><\/strong> or reach out to us on <a href=\"mailto:climate@enterprisemea.com\">climate@enterprisemea.com<\/a> with comments, suggestions and story tips.<br \/>\n <strong>***<\/strong><\/p>\n<p><strong>THE DANGER ZONE- Climate change is warming the Mediterranean Sea and <\/strong><strong>increasing its salinity<\/strong>, according to a new <a href=\"https:\/\/bit.ly\/43EoAKz\">report<\/a> by the Spanish Institute of Oceanography (IEO). A 31-year study period has concluded that global warming has increased the temperature and salinity of the Mediterranean from its uppermost layer and throughout its depth range. The surface layer of the Alboran Sea \u2014 the westernmost portion of the Mediterranean between North Africa and the Iberian Peninsula \u2014 is warming at a 2\u00baC\/century rate, while surface waters of other parts in the Western Mediterranean are warming at close to 3\u00baC\/century, the institute says. The IEO says the Mediterranean also showed a rise in sea level of around 2.8mm\/year over the study period, with a significant intensification of the trend since the early 1990s. In 2021, a <a href=\"https:\/\/unfccc.int\/sites\/default\/files\/resource\/SBSTA_Ocean_Dialogue_SummaryReport.pdf\">UN report (pdf)<\/a> estimated that oceans absorbed about 30% of total CO2 emissions and trapped approximately 90% of the heat generated by greenhouse gas emissions. The increase in heat absorption is causing ocean acidification, deoxygenation, and sea level rise.<\/p>\n<hr class=\"grey-line\">\n<p><strong>CIRCLE YOUR CALENDAR- <\/strong><\/p>\n<p><strong>Sweden will host <\/strong><strong><a href=\"https:\/\/www.worldwaterweek.org\/\">World Water Week<\/a><\/strong> <strong>from Sunday, 20 August to Wednesday, 24 August<\/strong> in Stockholm. Organized by the Stockholm International Water Institute, the event will bring together policy makers, NGOs, and private sector players to discuss innovative solutions to managing water and how to tackle food security, biodiversity, and climate change.<\/p>\n<p><strong>The US will host the <\/strong><strong><a href=\"https:\/\/crgconferences.com\/recycling\/\">International Conference on Recycling and Waste Management<\/a><\/strong><strong> and <\/strong><strong>the <\/strong><strong><a href=\"https:\/\/crgconferences.com\/environmental\/\">International Conference on Environmental Sustainability and Climate Change<\/a><\/strong><\/p>\n<p><strong>from Monday, 21 August till Tuesday, 22 August<\/strong> in Philadelphia. The waste management conference will gather environmental engineers, and recycling, wastewater treatment, and climate researchers to discuss trends and innovations in plastics recycling, wastewater treatment, and renewable energy. The sustainability and climate change conference will bring together researchers and industry leaders to spotlight innovations in environmental science, climatology, renewable energy, and pollution control.<\/p>\n<p><strong>The Dominican Republic will host the <\/strong><strong><a href=\"https:\/\/unfccc.int\/event\/tc3\">COP27 Transitional Committee<\/a><\/strong><strong>from Tuesday, 29 August to Friday, 1 September<\/strong>. The meeting aims to establish institutional arrangements, modalities, governance structures, and terms of reference for the landmark Loss and Damage Fund. It also wants to expand sources for climate funding under the program.<\/p>\n<p><strong><a href=\"https:\/\/enterprise.press\/am-edition\/#calendar\">Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/algeria\/\">Algeria<\/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\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/irena\/\">IRENA<\/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\/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=\"78615\" 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=\"78616\" 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=\"78616\">\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\">BIOFUELS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/ecaru-qalaa-holdings-and-frances-axens-set-to-conduct-studies-for-biofuel-and-saf-production-in-egypt\/\">\r\n                            ECARU, Qalaa Holdings, and France\u2019s Axens set to conduct studies for biofuel and SAF production in Egypt                        <\/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\/25\/ecaru-qalaa-holdings-and-frances-axens-set-to-conduct-studies-for-biofuel-and-saf-production-in-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The project will be implemented in two phases, with the first focusing on the production of the advanced bioethanol and the second phase focusing on the production of SAF, it added. with potential for exports of the second-generation biofuel at a later stage.<\/p>\n<p><strong>Qalaa<\/strong> <strong>and ECARU have history:<\/strong> Qalaa Holdings invests in ECARU <a href=\"http:\/\/www.qalaaholdings.com\/en\/tawazon\">through its subsidiary<\/a><a href=\"http:\/\/www.qalaaholdings.com\/en\/tawazon\">Tawazon<\/a> under efforts to provide practical solutions for cleaner energy resulting from converted biomass. It has contributed in the disposal and recycling of 3.5 mn tons of agricultural waste for further use over the past 15 years, according to the statement.<\/p>\n<p><strong>Egypt could be well-positioned on the SAF map:<\/strong> The US private sector is looking to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7e819bfd-fe2e-42ae-8b0a-4d46d730ce67\">tap<\/a><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7e819bfd-fe2e-42ae-8b0a-4d46d730ce67\">Egypt for SAF production<\/a>, Regional Minister Counselor for Commercial Affairs Keith Kirkham said at an event attended by Enterprise Climate last month. US companies are currently exploring cooperation pathways with both the private and public sectors of Egypt to jointly produce SAFs, he noted. \u201cWe think there is potential for Egypt to develop as a potential producer of SAFs given the EU conditions that require air carriers to use sustainable aviation fuels even when transiting,\u201d he told Enterprise Climate at the time. \u201cEgypt, rather than being a buyer, could be a seller of this, which would have an obvious export earning potential,\u201d he added.<\/p>\n<p><strong>But there could be challenges both at home and abroad: <\/strong>Technology, infrastructure, and high costs are among some of the challenges currently obstructing the growth of the sector locally, according to statements by the Director of Fuel and Emission at EgyptAir Ahmed Mattar. The climate-friendly branded SAFs are also more expensive and their adoption has been stagnant. Their cost is 3-4x more expensive than kerosene, making their use less price competitive and thereby decreasing their production \u2014 which was estimated to have reached 0.1% of global jet fuel consumption, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-11-10\/airlines-rush-toward-sustainable-fuel-but-supplies-are-limited\">Bloomberg<\/a>.<\/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\/biofuels\/\">biofuels<\/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\/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=\"78618\" 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=\"78618\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/78618\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78618\" class=\"content-area-description single-story post-78618 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 decoding=\"async\" data-recalc-dims=\"1\" 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=\"78619\" 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=\"78619\">\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\">DISTRICT COOLING<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/tabreed-oman-will-build-innovation-park-muscats-10k-rt-district-cooling-plant\/\">\r\n                            Tabreed Oman will build Innovation Park Muscat\u2019s 10k RT district cooling plant                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/tabreed-oman-will-build-innovation-park-muscats-10k-rt-district-cooling-plant\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/tabreed-oman-will-build-innovation-park-muscats-10k-rt-district-cooling-plant\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/tabreed-oman-will-build-innovation-park-muscats-10k-rt-district-cooling-plant\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Tabreed Oman will build Innovation Park Muscat\u2019s 10k RT district cooling plant&url=https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/tabreed-oman-will-build-innovation-park-muscats-10k-rt-district-cooling-plant\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/tabreed-oman-will-build-innovation-park-muscats-10k-rt-district-cooling-plant\/&title=Tabreed Oman will build Innovation Park Muscat\u2019s 10k RT district cooling plant\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Tabreed+Oman+will+build+Innovation+Park+Muscat%E2%80%99s+10k+RT+district+cooling+plant+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F07%2F25%2Ftabreed-oman-will-build-innovation-park-muscats-10k-rt-district-cooling-plant%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/tabreed-oman-will-build-innovation-park-muscats-10k-rt-district-cooling-plant\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1494.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78620\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/tabreed-oman-will-build-innovation-park-muscats-10k-rt-district-cooling-plant\/1494-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1494.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1494.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1494.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1494.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78619\" class=\"content-area-description single-story post-78619 post type-post status-publish format-standard has-post-thumbnail hentry category-district-cooling tag-district-cooling tag-enterpriseclimate tag-oman tag-tabreed 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>Innovation Park Muscat is getting a district cooling plant: <\/strong>Oman\u2019s Higher Education Ministry signed an agreement with central cooling solutions company <a href=\"https:\/\/tabreedoman.com\/\">Tabreed Oman<\/a> \u2014 a subsidiary of UAE\u2019s National Central Cooling Company (Tabreed) \u2014 to establish a district cooling plant in <a href=\"https:\/\/www.trc.gov.om\/trcweb\/node\/36\">Innovation Park Muscat<\/a> (IPM), <a href=\"https:\/\/cdn.timesofoman.com\/article\/133834-pact-signed-to-build-central-cooling-plant-in-innovation-park-muscat\">Times of Oman<\/a> reports. The financial details of the plant and a timeline for construction have not been disclosed.<\/p>\n<p><strong>What we know:<\/strong> The central cooling plant will span 1.5k square meters and will have a capacity of 10k ton refrigeration tons (RT). The facility will serve the heating and cooling needs of pre-existing buildings and further developments in IPM, the news outlet notes. Spanning 540k square meters, IPM is a research and development center that aims to accelerate the growth of Omani-based renewables, food, biotech, and oil recovery firms.<\/p>\n<p><strong>Tabreed has been expanding its MENA operations:<\/strong> The company increased its <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ce7dd1cb-78e6-4025-a941-a047ab744392\">total<\/a><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ce7dd1cb-78e6-4025-a941-a047ab744392\">connection capacity<\/a> to over 1.2 mn RT last year by adding some 34k RT of new connections in the UAE, some 19k RT in Oman, and 500 RT in Bahrain throughout the year. The company also announced a partnership with Egypt\u2019s <a href=\"https:\/\/www.gascool-eg.com\/\">Gascool<\/a> and real estate investment firm <a href=\"https:\/\/marakez.net\/\">Marakez<\/a> in February to provide district cooling services to the D5M mall in Cairo\u2019s New Katameya. Earlier in September, Tabreed signed a long-term BOO agreement with Egyptians for Healthcare Services Company for a district cooling plant that will serve Cairo\u2019s healthcare city project <a href=\"https:\/\/www.hksinc.com\/what-we-do\/case-studies\/capitalmed-medical-city\/\">CapitalMed<\/a>.<\/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\/district-cooling\/\">district cooling<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/tabreed\/\">Tabreed<\/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=\"78621\" 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=\"78621\">\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\">Newsmakers<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/a-conversation-with-mahmoud-mohieldin-why-a-fast-tracked-evolution-of-mdbs-is-vital-for-the-energy-transition\/\">\r\n                            A conversation with Mahmoud Mohieldin: Why a fast tracked evolution of MDBs is vital for the energy transition                        <\/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\/25\/a-conversation-with-mahmoud-mohieldin-why-a-fast-tracked-evolution-of-mdbs-is-vital-for-the-energy-transition\/\" 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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Major disagreements are emerging and intensifying between developed and developing countries during preparatory meetings, sparking worries on progress given the urgency of the climate crisis. Vulnerable and climate-hit nations are still awaiting concrete progress on the <a href=\"https:\/\/climate.enterprise.press\/issues\/2022\/11\/21\/cop27-lands-landmark-usd-100-bn-loss-damage-fund\/#tldr-story-01\">landmark loss and damage fund<\/a> agreed upon in COP27 in Sharm El Sheikh, with the COP28 presidency handing out assurances that pledges will turn into actions.<\/p>\n<p><strong>We sat down with Mahmoud Mohieldin <\/strong>\u2014 Egypt\u2019s UN high-level climate champion at COP27, a special envoy for the UN secretary-general, and an executive director at the IMF \u2014 for a <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/95e5d7e3-db69-4e6e-a81c-d28c4eef1ec6\">follow-up chat<\/a> to discuss climate finance and the necessary mechanism for emissions reduction ahead of COP28. Prior to his appointment as Egypt\u2019s climate champion, Mohieldin served as the World Bank\u2019s senior vice president for the 2030 Development Agenda, where he helped shape the 17 sustainable development goals \u2014 the global metric for development.<\/p>\n<p><strong>In part one of our interview, Mohieldin highlights the necessity of adequate climate finance to help achieve desired climate goals<\/strong> while underscoring the importance of climate-driven tech solutions, a more evolved role for multilateral development banks (MDBs), and a just transition for all.<\/p>\n<p><strong>Enterprise:<\/strong> Let's begin with the landmark loss and damage fund. What progress has been made since it was agreed upon during COP27?<\/p>\n<p><strong>Mahmoud Mohieldin:<\/strong> After waiting for such an institutional arrangement to cope with the losses and damages affecting many countries \u2014 especially the small islands countries with high vulnerability for many years \u2014 the loss and damage fund was not an easy objective to fulfill. It required patience, skills, and the support of the Egyptian presidency of the COP.<\/p>\n<p>There has been an arrangement to facilitate the governance and the structure of the fund through a committee with the representatives from developing economies and emerging markets, and from the advanced economies. There have been meetings, they have been in meetings for some time now. I think by COP28, there will be some sort of a structure of governance and identification as well of the sources of funds. The existence of a fund isn't enough though, there are other elements that should be taken in consideration, including who signs up for it, who is eligible, and who monitors it.<\/p>\n<p>There have been some discussions with non-state actors, the civil society and the private sector. Firstly, regarding the role of the ins. sector in assessing the risks and damages, as they are more qualified than others to do that especially regarding the implications on the private sector or provision that they have to make. Another point of discussion is the need for capacity development and technical assistance.<\/p>\n<p><strong>E:<\/strong> There appear to be major differences emerging between developed and developing countries\u2019 delegates during preparatory meetings ahead of COP28, the latest being the lack of concrete progress during the <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/08471c12-5188-48b4-8e1d-53099149d52e\">Bonn Climate Conference<\/a>. Why do you think this is happening?<\/p>\n<p><strong>MM:<\/strong> For those who have spent a great deal of their lives attending these conferences and negotiating at them, this is not atypical for the conference \u2014 you experience wide differences between advanced economies and the developing economies and emerging markets. A conference like Bonn \u2014 held at the midway point between each COP summit \u2014 concluded with resolutions and recommendations for a COP that is being prepared for. Having said that, there are reasons \u2014 it\u2019s not just playing games.<\/p>\n<p>The priorities for advanced economies is to expedite the work on dealing with the emissions. We can always talk about the fact that some of them \u2014 despite them pushing for dealing with emissions \u2014 are not achieving that, especially in the aftermath of the Ukrainian war which led to an increased use of high emission emitting sources of energy such as coal. The <a href=\"https:\/\/www.ipcc.ch\/2022\/04\/04\/ipcc-ar6-wgiii-pressrelease\/\">latest report<\/a> from the Intergovernmental Panel on Climate Change tells us we need to reduce emissions by 45% by 2030, but unfortunately we are adding around 15% more emissions so we need to double efforts.<\/p>\n<p><strong>E:<\/strong> How can countries manage that?<\/p>\n<p><strong>MM: <\/strong>First, you need finance, which is not at adequate levels currently. Financing usually comes in the form of debt, and less so of investments and grants. This has been the expectation since <a href=\"https:\/\/unfccc.int\/resource\/docs\/2009\/cop15\/eng\/11a01.pdf\">COP15 in Copenhagen<\/a> \u2014 and endorsed by 2015\u2019s Paris Agreement \u2014 to have developing countries assisted by developed nations to help them achieve their goals and targets on climate.<\/p>\n<p>Next, countries need to focus on technology, research and development, technical assistance, and development. Without technology, developing countries like Egypt, Morocco, or Senegal wouldn\u2019t be able to invest in renewable energy. Thanks to technology and production at scale, we are able to invest with decent returns compared to a decade ago.<\/p>\n<p>Lastly, all the above needs to be carried out within a just transition \u2014 not just for energy, but the just transition at large. There will be people affected if an energy transition is rushed without adequately substituting traditional sources of energy used or upgrading production lines dependent on the hydrocarbon sector.<\/p>\n<p>You cannot solve a climate crisis by creating a debt, unemployment, or poverty crisis. There are more feasible and balanced alternatives to phase out fossil fuels and hydrocarbons, but renewables need to be phased in first.<\/p>\n<p><strong>E:<\/strong> Some have criticized the <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/93f3ec0c-5d58-4e81-b2d3-8aed04137af1\">Summit for a New Global Financing Pact<\/a> in Paris for failing to provide a relief for poorer debt-distressed countries ahead of climate talks at COP28. What are your thoughts on this?<\/p>\n<p><strong>MM: <\/strong>I think people need to manage their expectations when they attend these summits. Sometimes the expectation is that heads of states will be there, matters will be dealt with, and there will be concrete decisions. But you cannot upgrade global financial architecture during a summit.<\/p>\n<p>The recent discussions in Paris had an overwhelmingly large agenda including international financial architecture, debt challenges, and supporting sustainable development. From a positive perspective, it's good to see leaders meeting and discussing global issues of mutual concern. But I was expecting more movement on putting MDBs like the World Bank and the African Development Bank on a faster track for a so-called evolution roadmap.<\/p>\n<p>I have concerns regarding what MDBs can do and the unnecessary delay in capital increases causing harm \u2014 both to the institutions and the private sector. Without adequate resources, many key projects and partnerships will be slowed down. It's very much a requirement today to see that evolution roadmap put on a fast track.<\/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\/cop27\/\">COP27<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/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\/mahmoud-mohieldin\/\">Mahmoud Mohieldin<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/newsmakers\/\">NEWSMAKERS<\/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=\"78623\" 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=\"78623\">\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 IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/a-belarusian-trade-group-is-trying-to-sell-2-mn-in-unregulated-russian-erus\/\">\r\n                            A Belarusian trade group is trying to sell 2 mn in unregulated Russian ERUs                        <\/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\/25\/a-belarusian-trade-group-is-trying-to-sell-2-mn-in-unregulated-russian-erus\/\" 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\/25\/a-belarusian-trade-group-is-trying-to-sell-2-mn-in-unregulated-russian-erus\/')\">\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\/25\/a-belarusian-trade-group-is-trying-to-sell-2-mn-in-unregulated-russian-erus\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=A Belarusian trade group is trying to sell 2 mn in unregulated Russian ERUs&url=https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/a-belarusian-trade-group-is-trying-to-sell-2-mn-in-unregulated-russian-erus\/\">\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\/25\/a-belarusian-trade-group-is-trying-to-sell-2-mn-in-unregulated-russian-erus\/&title=A Belarusian trade group is trying to sell 2 mn in unregulated Russian ERUs\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=A+Belarusian+trade+group+is+trying+to+sell+2+mn+in+unregulated+Russian+ERUs+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F07%2F25%2Fa-belarusian-trade-group-is-trying-to-sell-2-mn-in-unregulated-russian-erus%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\/25\/a-belarusian-trade-group-is-trying-to-sell-2-mn-in-unregulated-russian-erus\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/315.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78624\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/a-belarusian-trade-group-is-trying-to-sell-2-mn-in-unregulated-russian-erus\/315-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/315.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"315.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/315.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/315.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78623\" class=\"content-area-description single-story post-78623 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-in-the-news tag-carbon-markets tag-carbon-offsetting tag-climate-in-the-news tag-enterpriseclimate wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Unregulated carbon offsets are raising the alarm for all: <\/strong>A scheme by a Belarusian trade group to sell 2 mn of Russian carbon credits from a discontinued United Nations group has been condemned by climate experts and traders and raised concerns over unregulated <a href=\"https:\/\/www.cleanenergyregulator.gov.au\/OSR\/ANREU\/types-of-emissions-units\/emission-reduction-units\">emissions reduction units<\/a> (ERUs) corrupting the market, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-07-23\/investors-dismayed-as-surreal-co2-credit-plan-moves-ahead?srnd=green\">Bloomberg<\/a> reported this week. Some 2.5 mn ERUs were retired in 2022, most of which were held in Swiss accounts, analysis by Bloomberg News from data filed to the UNFCCC showed. Such credits are pulled out on claims that physical emissions have been offset.<\/p>\n<p><strong>More details:<\/strong> The 2 mn Russian ERUs trying to make its way to the market were generated between 2008 and 2012 from a Siberian forestry program under the old UN Joint Implementation carbon market set up under the Kyoto Protocol, according to Belarusian officials. Pablo Fernandez, the CEO of Switzerland-based project developer and investor Ecosecurities sees the scheme as \u201csurreal,\u201d and warns that further progress could \u201conly be detrimental to the market.\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-markets\/\">carbon markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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-in-the-news\/\">CLIMATE IN THE NEWS<\/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=\"78625\" 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=\"78625\">\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\/25\/uaes-snoc-and-japans-sumitomo-explore-ccus-project-feasibility-plus-oman-expands-on-ev-infrastructure-plans\/\">\r\n                            UAE\u2019s SNOC and Japan\u2019s Sumitomo explore CCUS project feasibility PLUS: Oman expands on EV infrastructure plans                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/uaes-snoc-and-japans-sumitomo-explore-ccus-project-feasibility-plus-oman-expands-on-ev-infrastructure-plans\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/uaes-snoc-and-japans-sumitomo-explore-ccus-project-feasibility-plus-oman-expands-on-ev-infrastructure-plans\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/uaes-snoc-and-japans-sumitomo-explore-ccus-project-feasibility-plus-oman-expands-on-ev-infrastructure-plans\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=UAE\u2019s SNOC and Japan\u2019s Sumitomo explore CCUS project feasibility PLUS: Oman expands on EV infrastructure plans&url=https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/uaes-snoc-and-japans-sumitomo-explore-ccus-project-feasibility-plus-oman-expands-on-ev-infrastructure-plans\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/uaes-snoc-and-japans-sumitomo-explore-ccus-project-feasibility-plus-oman-expands-on-ev-infrastructure-plans\/&title=UAE\u2019s SNOC and Japan\u2019s Sumitomo explore CCUS project feasibility PLUS: Oman expands on EV infrastructure plans\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=UAE%E2%80%99s+SNOC+and+Japan%E2%80%99s+Sumitomo+explore+CCUS+project+feasibility+PLUS%3A+Oman+expands+on+EV+infrastructure+plans+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F07%2F25%2Fuaes-snoc-and-japans-sumitomo-explore-ccus-project-feasibility-plus-oman-expands-on-ev-infrastructure-plans%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/uaes-snoc-and-japans-sumitomo-explore-ccus-project-feasibility-plus-oman-expands-on-ev-infrastructure-plans\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/500.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78626\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/uaes-snoc-and-japans-sumitomo-explore-ccus-project-feasibility-plus-oman-expands-on-ev-infrastructure-plans\/500-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/500.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"500.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/500.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/500.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78625\" class=\"content-area-description single-story post-78625 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-ccus tag-enterpriseclimate tag-evs tag-oman 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-05\"><\/a> <strong>UAE\u2019s SNOC partners with Japan\u2019s Sumitomo<\/strong> <strong>on CCUS:<\/strong> The UAE\u2019s state-owned Sharjah National Oil Corporation (SNOC) has signed an initial agreement with Japanese trading and investment company Sumitomo Corporation to establish a carbon capture, utilization and storage (CCUS) project in Sharjah, <a href=\"https:\/\/www.thenationalnews.com\/business\/2023\/07\/24\/sharjah-national-oil-corporation-in-pact-with-japans-sumitomo-for-carbon-capture-project\/\">The National<\/a> reports. The estimated project costs and CO2 storage capacity of the facility were not disclosed. Both companies will conduct a feasibility study across the CCUS value chain for the project including in \u201ctransport, storage, business models and assessment of regulatory aspects,\u201d the National quotes SNOC as stating. SNOC has committed to fully decarbonizing its operations by 2032.<\/p>\n<p><strong>A new JV in Oman to boost EV infrastructure:<\/strong> Oman Oil Marketing Company \u2014 a subsidiary of the country\u2019s state energy company OQ \u2014 has partnered up with Synergy Investments for the development of electric vehicle infrastructure in Oman, <a href=\"https:\/\/www.muscatdaily.com\/2023\/07\/23\/deal-signed-for-development-of-omans-ev-infrastructure\/\">Muscat Daily<\/a> reported earlier this week. Under a binding heads of terms pact signed earlier this month, both companies will establish a JV named Electric Vehicles One focusing on the trading, installation, operation and maintenance of electric vehicle charging stations.<\/p>\n<p><strong>In line with Oman\u2019s big EV plans: <\/strong>The sultanate <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d99ce063-6d7a-41b1-8659-77e810108347\">recently rolled out plans<\/a> to fully decarbonize its mobility sector by 2050 through an ambitious three-phase plan by the country\u2019s Transport, Communications, and Information Technology Ministry. The first phase would promote the use of EVs in the country through several initiatives, including setting up electric charging stations. Some 145 charging stations will be accessible by the end of the year and a further 250 stations would be operational by 2040, according to officials.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>A<\/strong> <strong>UAE desalination partnership:<\/strong> Sharjah\u2019s Electricity, Water, and Gas Authority is partnering up with the Emirates Water and Electricity Company to set up low-carbon reverse osmosis water desalination plants in the UAE. (<a href=\"https:\/\/www.wam.ae\/en\/details\/1395303180364#:~:text=SHARJAH%2C%2024th%20July%2C%202023%20(,and%20boost%20electricity%20production%20efficiency.\">Wam<\/a>)<\/li>\n<li><strong>Uptick in Omani minerals:<\/strong> Revenues for Oman\u2019s minerals sector grew 11% y-o-y in 2022 as the government tries to lure in investments in the country\u2019s rich and diverse mineral deposits. (<a href=\"https:\/\/omannews.gov.om\/topics\/en\/128\/show\/113528\">ONA<\/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\/ccus\/\">CCUS<\/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\/oman\/\">Oman<\/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=\"78627\" 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=\"78627\">\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\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/07\/25\/japans-itochu-group-plans-to-invest-usd-2-bn-across-north-americas-renewables-market-and-indonesia-decarbonizes-its-nickel-mining-business\/\">\r\n                            Japan\u2019s Itochu Group plans to invest USD 2 bn across North America\u2019s renewables market and Indonesia decarbonizes its nickel mining business                        <\/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\/25\/japans-itochu-group-plans-to-invest-usd-2-bn-across-north-americas-renewables-market-and-indonesia-decarbonizes-its-nickel-mining-business\/\" 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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Itochu said it would work together with Sumitomo Mitsui Trust Bank on setting up the fund and providing institutional investors, mainly in Japan, with avenues to invest in renewable energy in the US and Canada. Fuyo General Lease Co. and Tokyu Land Corporation have invested in the fund, and Itochu is continuing to court investors. The fund will be overseen by Itochu\u2019s North America subsidiary <a href=\"https:\/\/tyrenergy.com\/\">Tyr Energy<\/a>, which has a <a href=\"https:\/\/tyrenergy.com\/itochu-announces-investment-in-a-new-wind-power-plant-in-us-state-of-texas\/\">2 GW pipeline<\/a> of solar energy projects in the US.<\/p>\n<p><strong>One of Indonesia\u2019s top nickel producers, <\/strong><strong><a href=\"https:\/\/imip.co.id\/\">PT Indonesia Morowali Industrial Park<\/a><\/strong> <strong>(IMIP), is looking to power nickel mining operations with renewable energy<\/strong>, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-07-24\/indonesian-nickel-mine-morowali-takes-steps-to-address-environmental-concerns?srnd=green#xj4y7vzkg\">Bloomberg<\/a> writes. Indonesia <a href=\"https:\/\/source.benchmarkminerals.com\/article\/opinion-overcoming-mining-waste-issues-will-be-key-to-indonesias-nickel-ambitions\">could supply more than 60%<\/a> of the world\u2019s nickel demand \u2014 which is <a href=\"https:\/\/nickelinstitute.org\/en\/blog\/2023\/march\/how-nickel-makes-electric-vehicle-batteries-better\/\">essential<\/a> for EV battery production \u2014 by 2030. However, the country is facing increasing pressure over its use of coal to power mining operations. IMIP wants to install up to 500 MW worth of solar panels to push down its carbon footprint, with plans to invest USD 63 mn to deploy the initial 100 MW phase of the project. Alongside investments in solar energy, IMIP is looking at using electric trucks to further greenify its operations.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>The Great Barrier Reef at risk?<\/strong> A marine heatwave is hitting over 2k km of Australia\u2019s Queensland coastline, threatening the health of corals and other sea life in the Great Barrier Reef. (<a href=\"https:\/\/www.theguardian.com\/environment\/2023\/jul\/22\/marine-heatwave-in-north-east-queensland-sets-off-alarm-over-health-of-great-barrier-reef\">The Guardian<\/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\/minerals\/\">minerals<\/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=\"78629\" 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\/25\/78629\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78629\" class=\"content-area-description single-story post-78629 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>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>, Dominican Republic.<\/p>\n<p><strong>SEPTEMBER 2023<\/strong><\/p>\n<p>4-6 September (Monday-Wednesday): <a href=\"https:\/\/saudi-smic.com\/\">Sustainable Maritime Industry Conference<\/a>, Jeddah, Saudi Arabia.<\/p>\n<p>4-6 September (Monday-Wednesday): <a href=\"https:\/\/africaclimatesummit.org\/\">Africa Climate Summit<\/a>, Nairobi, Kenya.<\/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>4-5 October (Wednesday-Thursday): <a href=\"https:\/\/www.futuresustainabilityforum.com\/\">Future Sustainability Forum<\/a>, Dubai, UAE.<\/p>\n<p>8-10 October (Sunday-Tuesday): <a href=\"https:\/\/www.sgbf.sa\/\">Saudi Green Building Forum<\/a>, Riyadh, Saudi Arabia.<\/p>\n<p>8-12 October (Sunday-Thursday): <a href=\"https:\/\/unfccc.int\/MENACW2023\">MENA Climate Week<\/a>, Riyadh, Saudi Arabia.<\/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>18-20 October (Wednesday-Friday): <a href=\"https:\/\/www.atalayar.com\/en\/articulo\/economy-and-business\/morocco-and-belgium-will-hold-business-meeting-on-green-hydrogen-in-october\/20230719115701188407.html\">Morocco and Belgium business meeting on green hydrogen<\/a>, Tangiers, Morocco.<\/p>\n<p>17-18 October (Tuesday- Wednesday): <a href=\"https:\/\/criticalmineralsafrica.com\/\">Critical Minerals Africa Summit<\/a>, 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\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":78612,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-78611","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"18fae02c-2573-4751-9de6-fdd52dabf505","teaser":"","photo_url":"https:\/\/ent.news\/2020\/10\/104.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>ECARU, Qalaa Holdings, and France\u2019s Axens to study biofuel + SAF production in Egypt - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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