{"id":79013,"date":"2023-08-16T01:00:19","date_gmt":"2023-08-16T01:00:19","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=79013"},"modified":"2025-12-15T09:24:34","modified_gmt":"2025-12-15T09:24:34","slug":"papyrus-australia-is-setting-up-a-biodegradable-food-packaging-manufacturing-factory-in-egypt","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/papyrus-australia-is-setting-up-a-biodegradable-food-packaging-manufacturing-factory-in-egypt\/","title":{"rendered":"Papyrus Australia is setting up a biodegradable food packaging manufacturing factory in Egypt"},"content":{"rendered":"<section id=\"79015\" 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=\"79015\">\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\/08\/16\/today-a-new-biodegradable-food-packaging-manufacturing-factory-in-egypt\/\">\r\n                            TODAY: A new biodegradable food packaging manufacturing factory 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\/08\/16\/today-a-new-biodegradable-food-packaging-manufacturing-factory-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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But first\u2026<\/p>\n<p><strong>A quick programming note:<\/strong> Enterprise Climate will be taking a publication holiday tomorrow, we\u2019ll be back in your inbox at the usual time on Monday, 21 August.<\/p>\n<p><strong>OUR TOP STORIES- <\/strong>Green packaging tech developer Papyrus Australia has deployed the base equipment for setting up a factory for a biodegradable food packaging manufacturing factory in Egypt and UAE\u2019s NWTN Motors will acquire a 27.5% stake in EV manufacturer China Evergrande New Energy Vehicle Group at an equity investment of USD 500 mn.<\/p>\n<p><strong>^^ We have more details on these stories and more in the news well, below.<\/strong><\/p>\n<p><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION-<\/strong> <strong>Gabon leads the way for Africa\u2019s <\/strong><strong>debt-for-nature swap:<\/strong> Gabon has wrapped up a USD 500 mn debt-for-nature swap that would pave the way for a refinancing of a small chunk of its debt and fund marine conservation. The transaction \u2014 a first of its kind in Africa \u2014 saw Gabon buy back USD 436 mn of its international bonds then switch the debt for a new longer-term USD 500 mn \"blue bond\" with a lower interest rate and longer maturity. The swap is expected to generate USD 163 mn for marine conservation projects over the next 15 years.<\/p>\n<p><strong>In brief:<\/strong> A <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6704ccb1-c8ac-48f5-951f-c9112e553f88\">debt-for-nature swap<\/a> is where developing nations see a portion of their foreign debt forgiven under a restructured agreement on the condition that they invest some of the savings in local conservation measures. Supporters say it effectively uses public funds to de-risk private investment and could plug the multi-USD tn financing gap for nature protection, adaptation, and decarbonization. However, critics argue that the loan terms could be vague with transaction costs expensive.<\/p>\n<p><strong>Africa\u2019s first debt-for-nature swap is dominating coverage in international press:<\/strong> <a href=\"https:\/\/www.reuters.com\/sustainability\/gabon-blue-bond-swap-raises-hopes-wave-african-debt-for-nature-deals-2023-08-15\/\">Reuters<\/a> | <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-08-15\/gabon-wraps-up-500-million-debt-for-nature-swap\">Bloomberg<\/a> | <a href=\"https:\/\/www.ft.com\/content\/23c1c1ce-59ef-4fee-8b86-fed2c3e5f3b1\">The Financial Times<\/a> | <a href=\"https:\/\/www.wsj.com\/articles\/gabon-joins-blue-bond-wave-with-500-million-debt-refinancing-a1a651d4#refreshed\">The Wall Street Journal<\/a><\/p>\n<hr class=\"grey-line\">\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a><strong>WATCH THIS SPACE #1- The world\u2019s first ever <\/strong><strong><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/00114f45-f0d5-4b3e-815f-02b64efa1a58\">green methanol-powered container ship<\/a><\/strong> <strong>berthed in Egypt\u2019s East Port Said Port on Monday<\/strong>, according to a <a href=\"https:\/\/tinyurl.com\/4s79zzwh\">statement<\/a> by the Suez Canal Economic Zone (SCZone). The green methanol-powered vessel marked its first-ever passage through an Egyptian port on the Mediterranean during its maiden journey, which began with Asia, is passing through Africa via Egypt, and will continue to Europe, the statement added.<\/p>\n<p><strong>This could help fuel Egypt\u2019s green hydrogen ambitions:<\/strong> Dutch-based chemical producer OCI Global <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/00114f45-f0d5-4b3e-815f-02b64efa1a58\">highlighted in June<\/a> a \u201cunique opportunity for the Suez Canal to position itself as a Green Marine Bunkering Hub to proactively attract more Green Marine Traffic to the area and be ahead of nearby ports such as Fujairah, Jeddah and Morocco.\u201d The vessel\u2019s passage through Egypt could help kickstart demand for green hydrogen offtake and consolidate the country\u2019s position as a green hydrogen hub.<\/p>\n<p><strong>Background:<\/strong> The vessel is fueled by OCI Global <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/00114f45-f0d5-4b3e-815f-02b64efa1a58\">under a partnership announced in June<\/a> with Denmark\u2019s shipping and logistics giant AP Moller-Maersk. OCI is providing the carbon-neutral methanol to fuel the maiden voyage of Maersk\u2019s first dual-fueled container ship on its inaugural trip to Northern Europe this summer, passing by the world\u2019s busiest shipping routes.<\/p>\n<hr class=\"grey-line\">\n<p><strong>THE DANGER ZONE- The UAE must prepare for climate-driven extreme weather and <\/strong><strong>intense rainfall as the world enters a new global warming paradigm<\/strong>, <a href=\"https:\/\/english.alarabiya.net\/News\/gulf\/2023\/08\/15\/UAE-should-brace-for-escalating-climate-extremes-heatwaves-heavy-rainfall-Experts\">Al Arabiya<\/a> writes. The Emirates are extremely vulnerable to the impacts of climate change, with droughts, extreme heat, and increased frequency of dust and sand storms among the climatic phenomena impacting the country, according to the <a href=\"https:\/\/www.ccacoalition.org\/partners\/united-arab-emirates#:~:text=The%20UAE%20is%20situated%20in,of%20dust%20and%20sand%20storms.\">Climate and Clean Air Coalition<\/a>. \u201cI think we can almost say we have shifted into a new paradigm in terms of where the range of climate behavior is going to be,\u201d Director of the <a href=\"https:\/\/www.mei.edu\/programs\/climate-and-water\">Climate and Water Program<\/a> at Washington-based nonprofit <a href=\"https:\/\/www.mei.edu\/\">Middle East Institute<\/a> Mohammed Mahmoud told the news outlet, referencing the global <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ddb14d51-250c-4ef3-80eb-2b3260bba257\">heating record broken<\/a> in July. The climate crisis costs the UAE government <a href=\"https:\/\/www.theguardian.com\/environment\/2021\/oct\/29\/apocalypse-soon-reluctant-middle-east-forced-to-open-eyes-to-climate-crisis\">an average of GBP 6 bn<\/a> annually in increased healthcare costs already, and even minor variations in weather patterns could significantly affect the country\u2019s economic, environmental, and social well-being, the UAE\u2019s Climate Change and Environment Ministry <a href=\"https:\/\/www.moccae.gov.ae\/assets\/30e58e2e\/national-climate-change-plan-for-the-united-arab-emirates-2017-2050.aspx#:~:text=Potential%20impacts%20of%20climate%20change,%2C%20and%20social%20well%2Dbeing.\">notes<\/a>.<\/p>\n<hr class=\"grey-line\">\n<p><strong>NON-CLIMATE REGIONAL HEADLINES:<\/strong><\/p>\n<ul>\n<li><strong>UAE:<\/strong> The UAE has begun the local election process ahead of the planned vote in October. (<a href=\"https:\/\/www.emaratalyoum.com\/local-section\/other\/2023-08-15-1.1774999\">Emarat Al Youm<\/a>)<\/li>\n<li><strong>KSA:<\/strong> Saudi Arabia\u2019s inflation slowed down for a second consecutive month in July to 2.3% from 2.7% a month earlier. (<a href=\"https:\/\/www.okaz.com.sa\/economy\/saudi\/2140805\">Okaz<\/a>)<\/li>\n<\/ul>\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>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>MISSED OUR PREVIOUS FORUMS? <\/strong><strong><a href=\"https:\/\/podcasts.apple.com\/eg\/podcast\/the-enterprise-podcast\/id1617987136\">The Enterprise Podcast has you covered<\/a><\/strong><strong>: <\/strong>The Enterprise Podcast\u2019s forum series has been bringing you audio recordings of what was said on stage at the Enterprise Exports and FDI Forum and Enterprise Climate Forum.<\/p>\n<p><strong>WANT TO LISTEN? Head to:<\/strong> <a href=\"https:\/\/podcasts.apple.com\/eg\/podcast\/the-enterprise-podcast\/id1617987136?i=1000624249910\">Apple Podcast<\/a> | <a href=\"https:\/\/open.spotify.com\/episode\/3i70JDa1bM3kGLLH2sm7a6?si=mrr995svRkK12tS_7vdufg&nd=1\">Spotify<\/a> | <a href=\"https:\/\/podcasts.google.com\/feed\/aHR0cHM6Ly93d3cub21ueWNvbnRlbnQuY29tL2QvcGxheWxpc3QvNWE1NmQ3YzMtZjI4MS00NTU3LThlMzEtYWFjODAxN2NjZjA2LzY4NmNmYTU5LTAwOTMtNDEyMS1hMTRjLWFlNmYwMDk3ZjEyMi81NDI0MGE5Ni04YWY5LTRkZGQtODExNi1hZTZmMDA5OTgxMzYvcG9kY2FzdC5yc3M\/episode\/YTgyM2Y1OTUtZWMxOS00YTg2LTk0MjMtYjA1YzAwZGVhN2Mx?sa=X&ved=0CAYQkfYCahcKEwjI8rf4z9eAAxUAAAAAHQAAAAAQNA\">Google Podcast<\/a> | <a href=\"https:\/\/play.anghami.com\/episode\/1121361311?adj_t=dgl0aa8_64v1dnl&adj_campaign=ios&adj_adgroup=episode&adj_creative=126401725\">Anghami<\/a> | <a href=\"https:\/\/omny.fm\/shows\/the-enterprise-podcast\">Omny<\/a>.<\/p>\n<p><strong>IN THIS WEEK\u2019S EPISODE- It\u2019s the very first panel of the Enterprise Climate Forum:<\/strong> Egypt brought home major victories from COP27, signing framework agreements for about USD 85 bn worth of green hydrogen projects, and announcing more than USD 10 bn in funding for the Nexus for Food, Water and Energy (NWFE) program. While we have a long way to go before much of the gains from COP27 will be tangible to the private sector, the opportunities in green hydrogen and NWFE are \u201cnow.\u201d Our panelists helped explain how these two can be made actionable. We were joined by <strong>Jorgo Chatzimarkakis<\/strong>, CEO of Hydrogen Europe, <strong>Khalid Hamza<\/strong>, Director and head of Egypt at the European Bank for Reconstruction and Development, and <strong>Khaled Naguib<\/strong>, CEO of Hydrogen Egypt.<\/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>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><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\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-shipping\/\">green shipping<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/maersk\/\">Maersk<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/methanol\/\">methanol<\/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                            <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=\"79017\" 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=\"79018\" 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=\"79018\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/papyrus-australia-is-one-step-closer-to-setting-up-a-biodegradable-food-packaging-manufacturing-factory-in-egypt\/\">\r\n                            Papyrus Australia is one step closer to setting up a biodegradable food packaging manufacturing factory 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\/08\/16\/papyrus-australia-is-one-step-closer-to-setting-up-a-biodegradable-food-packaging-manufacturing-factory-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(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/papyrus-australia-is-one-step-closer-to-setting-up-a-biodegradable-food-packaging-manufacturing-factory-in-egypt\/')\">\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\/08\/16\/papyrus-australia-is-one-step-closer-to-setting-up-a-biodegradable-food-packaging-manufacturing-factory-in-egypt\/\">\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=Papyrus Australia is one step closer to setting up a biodegradable food packaging manufacturing factory in Egypt&url=https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/papyrus-australia-is-one-step-closer-to-setting-up-a-biodegradable-food-packaging-manufacturing-factory-in-egypt\/\">\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\/08\/16\/papyrus-australia-is-one-step-closer-to-setting-up-a-biodegradable-food-packaging-manufacturing-factory-in-egypt\/&title=Papyrus Australia is one step closer to setting up a biodegradable food packaging manufacturing factory in Egypt\">\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=Papyrus+Australia+is+one+step+closer+to+setting+up+a+biodegradable+food+packaging+manufacturing+factory+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F08%2F16%2Fpapyrus-australia-is-one-step-closer-to-setting-up-a-biodegradable-food-packaging-manufacturing-factory-in-egypt%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\/08\/16\/papyrus-australia-is-one-step-closer-to-setting-up-a-biodegradable-food-packaging-manufacturing-factory-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1918.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79019\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/papyrus-australia-is-one-step-closer-to-setting-up-a-biodegradable-food-packaging-manufacturing-factory-in-egypt\/1918-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1918.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1918.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1918.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1918.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79018\" class=\"content-area-description single-story post-79018 post type-post status-publish format-standard has-post-thumbnail hentry category-manufacturing tag-australia tag-egypt tag-enterpriseclimate tag-manufacturing tag-recycling tag-waste 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>Banana fiber food packaging is on its way to Egypt:<\/strong> Green packaging tech developer <a href=\"https:\/\/papyrusaustralia.com.au\/\">Papyrus Australia<\/a> has deployed the base equipment for setting up a factory for a biodegradable food packaging manufacturing factory in Egypt, a <a href=\"https:\/\/papyrusaustralia.com.au\/2023\/08\/egyptian-government-contract-milestones\/\">statement<\/a> notes. The plant will process 2.5k tons of banana fiber per year from plantation waste and produce around 35 mn food packages annually, according to a <a href=\"https:\/\/ent.news\/2023\/8\/3272.pdf\">statement (pdf)<\/a> published last November.<\/p>\n<p><strong>This has been in the works for a year:<\/strong> Papyrus Australia signed an agreement with Egypt\u2019s National Authority for Military Production in October 2022 to establish the factory in the country, the <a href=\"https:\/\/papyrusaustralia.com.au\/2023\/08\/egyptian-government-contract-milestones\/\">statement<\/a> said.<\/p>\n<p><strong>Papyrus Australia already has a presence in Egypt:<\/strong> Papyrus Australia manages <a href=\"https:\/\/papyrusaustralia.com.au\/technology\/our-factories\/\">two<\/a><a href=\"https:\/\/papyrusaustralia.com.au\/technology\/our-factories\/\">factories in Egypt<\/a> \u2014 a banana fiber production plant in Sohag established in 2017 in a JV with the Egypt Banana Fibre Company, and a banana fiber molding plant in Sharqiyah established in 2021. Papyrus leased the Sharqiyah fiber molding facility in November 2021 to fast-track the testing and production of molded food packaging products made from banana fiber.<\/p>\n<p><strong>And there\u2019s big potential:<\/strong> With over 70k acres of banana plantations, Egypt produces more than 6 mn tons of agri-waste per year, which is \u201ccostly for the industry to dispose of and contributes to high levels of methane emission as it breaks down,\u201d the statement explains. According to the <a href=\"https:\/\/papyrusaustralia.com.au\/2023\/08\/egyptian-government-contract-milestones\/\">tech developer<\/a>, Egypt has the potential to establish up to 40 banana plantation waste conversion factories.<\/p>\n<p><strong>The Sohag project is backed by EBRD: <\/strong>The European Bank for Reconstruction and Development (EBRD) extended a grant for the development of the Sohag plant\u2019s five-year business plan and anticipated expansion plans, according to a <a href=\"https:\/\/ent.news\/2023\/8\/3236.pdf\">statement (pdf)<\/a> released in July 2022. The value of the grant has not been disclosed.<\/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\/australia\/\">Australia<\/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\/manufacturing\/\">MANUFACTURING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/recycling\/\">recycling<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/waste\/\">waste<\/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=\"79020\" 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=\"79020\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/uaes-nwtn-motors-snaps-up-27-5-stake-in-chinese-ev-firm\/\">\r\n                            UAE\u2019s NWTN Motors snaps up 27.5% stake in Chinese EV firm                        <\/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\/08\/16\/uaes-nwtn-motors-snaps-up-27-5-stake-in-chinese-ev-firm\/\" 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\/08\/16\/uaes-nwtn-motors-snaps-up-27-5-stake-in-chinese-ev-firm\/')\">\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\/08\/16\/uaes-nwtn-motors-snaps-up-27-5-stake-in-chinese-ev-firm\/\">\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 NWTN Motors snaps up 27.5% stake in Chinese EV firm&url=https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/uaes-nwtn-motors-snaps-up-27-5-stake-in-chinese-ev-firm\/\">\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\/08\/16\/uaes-nwtn-motors-snaps-up-27-5-stake-in-chinese-ev-firm\/&title=UAE\u2019s NWTN Motors snaps up 27.5% stake in Chinese EV firm\">\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+NWTN+Motors+snaps+up+27.5%25+stake+in+Chinese+EV+firm+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F08%2F16%2Fuaes-nwtn-motors-snaps-up-27-5-stake-in-chinese-ev-firm%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\/08\/16\/uaes-nwtn-motors-snaps-up-27-5-stake-in-chinese-ev-firm\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/electricauto_web_1600.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79021\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/uaes-nwtn-motors-snaps-up-27-5-stake-in-chinese-ev-firm\/electricauto_web_1600-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/electricauto_web_1600.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"electricauto_web_1600.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/electricauto_web_1600.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/electricauto_web_1600.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79020\" class=\"content-area-description single-story post-79020 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-enterpriseclimate tag-evs tag-ma-watch tag-nwtn-motors tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a id=\"tldr-story-02\" class=\"content-anchor\"><\/a><strong>UAE\u2019s NWTN Motors acquires strategic stake in Chinese EV company:<\/strong> Dubai-based green mobility company NWTN Motors will acquire a 27.5% stake in EV manufacturer China Evergrande New Energy Vehicle Group (EVGRF) at an equity investment of USD 500 mn, according to a <a href=\"https:\/\/www.nwtnmotors.com\/?PressRe\/103.html\">statement<\/a>. The transaction \u2014 expected to close in 4Q 2023 \u2014 will provide a lifeline for the Chinese automaker, who in its first financial report in two years, last month reported losses of <a href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/evergrande-electric-vehicle-unit-reports-about-10-bln-loss-2021-2022-2023-07-26\/\">USD 10 bn<\/a> over 2021 and 2022.<\/p>\n<p><strong>The details: <\/strong>The share subscription agreement \u2014 which saw NWTN snap up 6.18 bn of Evergrande\u2019s shares \u2014 will enable the UAE company to nominate a majority of the Chinese company\u2019s board, <a href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/evergrande-ev-unit-issue-fresh-shares-bolster-restructuring-plans-2023-08-14\/\">Reuters<\/a> reports. In a bid to aid EVGRF\u2019s business recovery, NWTN and EVGRF also signed a support agreement for interest-free funding of RMB 600 mn (c.USD 82.4 mn) to boost the company\u2019s production and R&D capacity, the newswire notes. The agreement is expected to be finalized following effective debt restructuring of EVGRF, confirmation of a debt repayment plan by the company\u2019s creditors, and submission of regulatory and shareholder approvals.<\/p>\n<p><strong>NWTN will leverage the agreement to boost EV exports to MENA:<\/strong> EVGRF has rolled out nine EV models to date since launching in 2019, with its first mass-produced EV Hengchi5 hitting markets in 2022. NWTN will capitalize on EVGRF\u2019s research and development and production capacity to meet MENA\u2019s EV demands, the statement notes.<\/p>\n<p><strong>NWTN has been making moves to step up EV production: <\/strong>The company <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2fbbe640-a0a2-43ca-b938-0c2c5f5fc89f\">inked an<\/a><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2fbbe640-a0a2-43ca-b938-0c2c5f5fc89f\">agreement<\/a> with the Abu Dhabi Department of Economic Development in July to establish a new integrated electric vehicle production line in the UAE and expand its EV factory in Abu Dhabi. In its initial phase, NWTN\u2019s EV plant will have an annual production capacity of 5-10k 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\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\/evs\/\">EVs<\/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\/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=\"79022\" 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=\"79022\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/79022\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79022\" class=\"content-area-description single-story post-79022 post type-post status-publish format-standard hentry wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class=\"web-image\"><a href=\"https:\/\/weareiph.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1828.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79023\" 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=\"79023\">\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\">SOLAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/bahrain-is-planning-its-largest-solar-project-with-a-72-mw-capacity\/\">\r\n                            Bahrain is planning its largest solar project with a 72 MW capacity                        <\/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\/08\/16\/bahrain-is-planning-its-largest-solar-project-with-a-72-mw-capacity\/\" 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 include rooftop, ground-mounted, and car park solar power systems, as well as electric vehicle charging stations. No details on the project\u2019s financials, developers, or a timeline were disclosed.<\/p>\n<p><strong>All under Bahrain\u2019s renewables push:<\/strong> Humaidain said the project\u2019s capacity will account for 28% of Bahrain\u2019s 250 MW of renewable generation capacity target by 2025. It will also help save total energy costs and lower greenhouse gas emissions, paving the way for the country to reach net zero by 2060, he added.<\/p>\n<p><strong>REMEMBER<\/strong>- Bahrain <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e6689c03-4c23-4503-8b5f-b2364dec409d\">recently announced<\/a> it plans to boost its renewable energy share to 5% of its total electricity generation by 2025. It aims to raise this target to 20% by 2035 as part of its National Energy Transition Plan. The kingdom has pledged to reduce emissions by 30% by 2035 through decarbonization and doubling renewables targets.<\/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\/bahrain\/\">Bahrain<\/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\/solar\/\">SOLAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar 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=\"79025\" 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=\"79025\">\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\">Coffee With\u2026<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/one-motos-ceo-adam-ridgway-talks-sustainable-e-mobility-in-mena\/\">\r\n                            One Moto\u2019s CEO Adam Ridgway talks sustainable e-mobility in MENA                        <\/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\/08\/16\/one-motos-ceo-adam-ridgway-talks-sustainable-e-mobility-in-mena\/\" 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\/08\/16\/one-motos-ceo-adam-ridgway-talks-sustainable-e-mobility-in-mena\/')\">\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\/08\/16\/one-motos-ceo-adam-ridgway-talks-sustainable-e-mobility-in-mena\/\">\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=One Moto\u2019s CEO Adam Ridgway talks sustainable e-mobility in MENA&url=https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/one-motos-ceo-adam-ridgway-talks-sustainable-e-mobility-in-mena\/\">\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\/08\/16\/one-motos-ceo-adam-ridgway-talks-sustainable-e-mobility-in-mena\/&title=One Moto\u2019s CEO Adam Ridgway talks sustainable e-mobility in MENA\">\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=One+Moto%E2%80%99s+CEO+Adam+Ridgway+talks+sustainable+e-mobility+in+MENA+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F08%2F16%2Fone-motos-ceo-adam-ridgway-talks-sustainable-e-mobility-in-mena%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\/08\/16\/one-motos-ceo-adam-ridgway-talks-sustainable-e-mobility-in-mena\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2494.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79026\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/one-motos-ceo-adam-ridgway-talks-sustainable-e-mobility-in-mena\/2494-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2494.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2494.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2494.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2494.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79025\" class=\"content-area-description single-story post-79025 post type-post status-publish format-standard has-post-thumbnail hentry category-coffee-with-2 tag-coffee-with-5 tag-enterpriseclimate tag-evs tag-mena tag-one-moto tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a><strong>Coffee with: Adam Ridgway, Founder and CEO of <\/strong><strong>One Moto Technologies:<\/strong> Ridgway (<a href=\"https:\/\/www.linkedin.com\/in\/adamridgway\/\">Linkedin<\/a>) serves as the founder and CEO of sustainable mobility startup <a href=\"https:\/\/one-moto.com\/\">One Moto<\/a>. Founded in 2016, One Moto seeks to electrify the last mile through a wide range of e-vehicles that include electric motorcycles, bikes and scooters among others. Prior to founding the company, Ridgway was a founder of two other Dubai-based businesses, creative media group MediaCubed and production house VideOh. Ridgway also serves as a mentor to early start-ups embarking on the entrepreneurial journey through the platform OneFounderToAnother.com.<\/p>\n<p><strong>One Moto expanded its operations <\/strong><strong><a href=\"https:\/\/tinyurl.com\/2es7nrn2\">to Latin America<\/a><\/strong><strong> this week<\/strong>, where it has entered several undisclosed regional markets with the support of the Dubai International Chamber. The startup already has agreements signed in the UAE, Bahrain, Jordan, Kuwait, and have ongoing conversations in Saudi Arabia and Morocco. It also secured <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/99225224-5d41-4d57-81b8-6ffe59974fec\">USD 40 mn in lease financing in July<\/a> to accelerate the leasing of electric delivery vehicles throughout the UAE and several countries in the region.<\/p>\n<p>We sat down with Ridgway to discuss the story behind his startup, future plans in the Middle East, and the future of sustainable e-mobility in the region.<\/p>\n<p><strong>Edited excerpts of our conversation follow: <\/strong><\/p>\n<p><strong>Enterprise: <\/strong>One Moto is actually a British startup that\u2019s now based in Dubai. What drew you to the region?<\/p>\n<p><strong>Adam Ridgway:<\/strong> One Moto\u2019s holding company is based in the UK, and our headquarters are located in Dubai with other offices in various different territories. The UAE has been home for the past 15 years, we decided to set up our beachhead market here because it\u2019s a country built on the notion of change. Every day something seems to change and evolve with regards to the government and leadership. We find the UAE is all about progression, opportunity and making a difference.<\/p>\n<p><strong>E: <\/strong>What services does One Moto offer?<\/p>\n<p><strong>AR: <\/strong>We\u2019re an EV startup that designs and builds vehicles focused on the last mile with a primary mission to decarbonize last mile delivery in each of the countries where we operate. We don't just provide the vehicles \u2014 manufacture and sell them \u2014 we also lease or lease to own the vehicles through a partner.<\/p>\n<p>We also offer other services like EV batteries as a service \u2014 a swappable battery bank with a subscription-based charging \u2014 and OneCare, our after sales and workshop program where we can upskill any mechanic to become an EV Engineer.<\/p>\n<p>One Distribution focuses on growing our distribution network and One Moto Manufacturing focuses on the assembly and manufacturing of units. Encompassing all of that is our mobile app that connects everything together and provides a huge amount of data for the fleet operators, riders, users, and government officials.<\/p>\n<p><strong>E:<\/strong> Tell us more about the partnerships the startup forges with local businesses.<\/p>\n<p><strong>AR:<\/strong> We have partners who help with the manufacturing process. We are not a predatory company, we don't enter a market and say everything has to be ours and force potentially negative competition. Collaboration has paved the way for growth, and we\u2019re very close to setting up an assembly grant in the UAE. We also set up the region's first smart mobility and innovation center last year with RIT Dubai.<\/p>\n<p><strong>E: <\/strong>You recently secured a <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/99225224-5d41-4d57-81b8-6ffe59974fec\">USD 40 mn investment<\/a> led by Pyse. Where will the funding be spent?<\/p>\n<p><strong>AR:<\/strong> We raised USD 150 mn for the UK and European market earlier this year, and another USD 40 mn just for the UAE market. The financing rounds have enabled us to provide vehicles to our customers or the ability to lease to own those vehicles \u2014 which is an industry first for the UAE. The USD 40 mn funding could also be used regionally, spread across the UAE, Saudi Arabia, and Egypt.<\/p>\n<p><strong>E: <\/strong>We understand that your operations in the UAE are focused on electric delivery vehicles. Is this the case in other countries you\u2019re operating in as well?<\/p>\n<p><strong>AR: <\/strong>What we push depends on the market we\u2019re entering and we listen to the partners we have there that understand the market. 90% of our focus worldwide is the last mile because its delivery is huge globally, growing between 11% and 27% in various different countries. For example, in the UAE or most of the Middle East \u2014 with the exception of Egypt and Lebanon \u2014 motorcycles are only used for delivery or for private use, so it\u2019s a very niche market. Head to Europe, India or other parts of Asia and you will find that motorcycles are the main form of transport and everyone has one.<\/p>\n<p><strong>E: <\/strong>You\u2019re currently present in UAE, Bahrain, Iraq, Qatar and Jordan. Are you looking for expansion elsewhere in the region?<\/p>\n<p><strong>AR:<\/strong> We're very strategic in where we launch and build foundations in markets that really need mobilization. One Moto has sales in Saudi Arabia but no distributor yet, and we\u2019ve been approached by a lot of North African markets. Egypt is a bit more price conscious and there are different import duties. In regards to speed, a lower range low speed vehicle is absolutely perfect in that market, so Egypt is 100% a focus.<\/p>\n<p>We've also been approached by Syria and Lebanon to open up dealerships or distribution, but unfortunately due to certain events and uncertainties, stability of electricity is not ensured along with the funds issued. We have given access and the ability to allow everyone and the environment to benefit by adopting our vehicles, but there is also money that has to be made to provide sustainable mobility for everyone.<\/p>\n<p><strong>E:<\/strong> How do you see the future of sustainable e-mobility in the region?<\/p>\n<p><strong>AR: <\/strong>The future is electric and no one can deny that. Any commercial deliveries have to transition to electrification to become more sustainable and companies can provide a greater landscape for decarbonization.<\/p>\n<p>I think there\u2019s going to be a lot more collaboration and more mutual joint investment into sustainable mobility networks and the future of EVs and mobility in general will be a subscription-based model allowing drivers flexibility in paying flat fees for EV usage.<\/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\/coffee-with-5\/\">COFFEE WITH\u2026<\/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\/mena\/\">MENA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/one-moto\/\">One Moto<\/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=\"79027\" 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=\"79027\">\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\/08\/16\/lots-of-ksa-news-neom-awards-usd-200-mn-contract-for-electrical-substation-flynas-and-sirc-collaborate-on-recycling-and-the-kingdom-tests-climate-resistant-wheat\/\">\r\n                            Lots of KSA news: Neom awards USD 200 mn contract for electrical substation, Flynas and SIRC collaborate on recycling, and the kingdom tests climate-resistant wheat                        <\/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\/08\/16\/lots-of-ksa-news-neom-awards-usd-200-mn-contract-for-electrical-substation-flynas-and-sirc-collaborate-on-recycling-and-the-kingdom-tests-climate-resistant-wheat\/\" 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\/08\/16\/lots-of-ksa-news-neom-awards-usd-200-mn-contract-for-electrical-substation-flynas-and-sirc-collaborate-on-recycling-and-the-kingdom-tests-climate-resistant-wheat\/')\">\n                    Copy Link        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wheat&url=https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/lots-of-ksa-news-neom-awards-usd-200-mn-contract-for-electrical-substation-flynas-and-sirc-collaborate-on-recycling-and-the-kingdom-tests-climate-resistant-wheat\/\">\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\/08\/16\/lots-of-ksa-news-neom-awards-usd-200-mn-contract-for-electrical-substation-flynas-and-sirc-collaborate-on-recycling-and-the-kingdom-tests-climate-resistant-wheat\/&title=Lots of KSA news: Neom awards USD 200 mn contract for electrical substation, Flynas and SIRC collaborate on recycling, and the kingdom tests climate-resistant wheat\">\n                    LinkedIn                    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class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/lots-of-ksa-news-neom-awards-usd-200-mn-contract-for-electrical-substation-flynas-and-sirc-collaborate-on-recycling-and-the-kingdom-tests-climate-resistant-wheat\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2083.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79028\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/lots-of-ksa-news-neom-awards-usd-200-mn-contract-for-electrical-substation-flynas-and-sirc-collaborate-on-recycling-and-the-kingdom-tests-climate-resistant-wheat\/2083-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2083.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2083.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2083.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2083.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79027\" class=\"content-area-description single-story post-79027 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-enterpriseclimate tag-neom tag-net-zero tag-renewables tag-saudi-arabia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Neom awards USD 200 mn contract for electrical substation:<\/strong> The Saudi Electricity Company has awarded a SAR 744 mn (c.USD 198.3 mn) contract to KSA\u2019s <a href=\"https:\/\/algihaz.com\/career\/who-we-are\/\">Al Gihaz Contracting<\/a> to develop a 380\/132 KV gas insulated substation in Saudi Arabia\u2019s net zero city Neom, <a href=\"http:\/\/www.tradearabia.com\/news\/CONS_412249.html\">Trade Arabia<\/a> reports. Gas insulated substations switch, separate, transform, measure and <a href=\"https:\/\/chintglobal.com\/blog\/gas-insulated-switchgear-gis\/#:~:text=All%20these%20devices%20are%20immersed,electrical%20energy%20in%20power%20systems.\">distribute electrical energy<\/a> in power systems. Earlier this month, KSA\u2019s Arabian Electrical Transmission Line Contracting won a <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/57260958-5da0-4324-803b-193f94c3f207\">USD 155 mn contract<\/a> to construct a 605 km-long high-voltage direct current transmission line connecting Neom to Yanbu on the country\u2019s west coast.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>KSA\u2019s Flynas and SIRC partner on recycling: <\/strong>KSA air carrier Flynas has signed a collaboration agreement with the Saudi Investment Recycling Company (SIRC) to develop tech to repurpose the airline\u2019s refuse including e-waste such as battery cells and biowaste like spent oils. (<a href=\"https:\/\/www.flynas.com\/en\/media-center\/news-updates\/sirc\">Statement<\/a>)<\/li>\n<li><strong>KSA tests out weather-resistant wheat strains:<\/strong> Saudi Arabia has concluded a successful test of four high-yield bread and durum wheat strains with traits designed to withstand the kingdom\u2019s climate. The experiment consisted of planting 20 tons of wheat seeds. (<a href=\"https:\/\/www.spa.gov.sa\/8b34a4d87di\">Saudi Press Agency<\/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\/neom\/\">Neom<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/net-zero\/\">net-zero<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79029\" 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=\"79029\">\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\/08\/16\/bp-ventures-pours-funds-into-us-green-hydrogen-startup-advanced-ionics\/\">\r\n                            BP Ventures pours funds into US green hydrogen startup Advanced Ionics                        <\/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\/08\/16\/bp-ventures-pours-funds-into-us-green-hydrogen-startup-advanced-ionics\/\" 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\/08\/16\/bp-ventures-pours-funds-into-us-green-hydrogen-startup-advanced-ionics\/')\">\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\/08\/16\/bp-ventures-pours-funds-into-us-green-hydrogen-startup-advanced-ionics\/\">\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=BP Ventures pours funds into US green hydrogen startup Advanced Ionics&url=https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/bp-ventures-pours-funds-into-us-green-hydrogen-startup-advanced-ionics\/\">\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\/08\/16\/bp-ventures-pours-funds-into-us-green-hydrogen-startup-advanced-ionics\/&title=BP Ventures pours funds into US green hydrogen startup Advanced Ionics\">\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=BP+Ventures+pours+funds+into+US+green+hydrogen+startup+Advanced+Ionics+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F08%2F16%2Fbp-ventures-pours-funds-into-us-green-hydrogen-startup-advanced-ionics%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\/08\/16\/bp-ventures-pours-funds-into-us-green-hydrogen-startup-advanced-ionics\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2736.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79030\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/bp-ventures-pours-funds-into-us-green-hydrogen-startup-advanced-ionics\/2736-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2736.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2736.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2736.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2736.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79029\" class=\"content-area-description single-story post-79029 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-bp tag-egypt tag-enterpriseclimate tag-green-hydrogen tag-usa wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>BP leads in green hydrogen tech startup Advanced Ionics\u2019 Series A round:<\/strong> BP Ventures, the venture capital arm of British oil and gas giant BP, was the top participant in US-based green hydrogen technologies startup <a href=\"https:\/\/advanced-ionics.com\/\">Advanced Ionic<\/a>\u2019s USD 12.5 mn Series A funding round, according to a <a href=\"https:\/\/www.bp.com\/en\/global\/corporate\/news-and-insights\/press-releases\/bp-leads-twelve-point-five-million-dollar-series-a-investment-in-low-cost-hydrogen-electrolyzer-innovator-advanced-ionics.html\">statement<\/a>. Financiers including Mitsubishi Heavy Industries, Clean Energy Ventures, and Gatemore Capital Management also participated in the funding round. Advanced Ionic\u2019s <a href=\"https:\/\/advanced-ionics.com\/technology\/\">Symbion electrolyser tech<\/a> taps into steam already available in industrial settings to push down electricity consumption by half compared to conventional alternatives, and enables industrial hydrogen developers to produce green hydrogen for <a href=\"https:\/\/advanced-ionics.com\/about\/\">less than USD 1 per kg<\/a>, according to the company\u2019s <a href=\"https:\/\/advanced-ionics.com\/#news\">website<\/a>. Symbion electrolyzers push down electricity to less than 35 KWh, compared to up to 50 KWh for alternatives currently available on the market. The startup \u2014 which has <a href=\"https:\/\/www.crunchbase.com\/organization\/advanced-ionics\">raised USD 19.5 mn<\/a> to date \u2014 will use the proceeds to scale its small-scale water vapor-based electrolyzers to heavy, hard-to-abate sectors.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Amazon booted by climate watchdog:<\/strong> UN-backed corporate climate goals watchdog <a href=\"https:\/\/sciencebasedtargets.org\/\">SBTi<\/a> has removed Amazon from a list of companies taking action on climate after it failed to outline a reliable target for lowering carbon emissions. (<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-08-14\/amazon-stock-s-esg-status-at-risk-as-co2-watchdog-drops-backing?srnd=green\">Bloomberg<\/a>)<\/li>\n<li><strong>Solar giant Jinko shares drop after new plant announcement: <\/strong>Shares of China's leading solar panel maker Jinko Solar dropped 12% after the company announced plans to raise CNY 9.7 bn (c. USD 1.3 bn) for a new manufacturing facility. (<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-08-14\/solar-giant-jinko-s-profit-jumps-325-as-price-cuts-spur-demand?srnd=green\">Bloomberg<\/a>)<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/bp\/\">BP<\/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\/usa\/\">USA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79031\" 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=\"79031\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/the-drought-hitting-tunisian-wetlands-is-pushing-migrating-birds-away\/\">\r\n                            The drought hitting Tunisian wetlands is pushing migrating birds away                        <\/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\/08\/16\/the-drought-hitting-tunisian-wetlands-is-pushing-migrating-birds-away\/\" 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\/08\/16\/the-drought-hitting-tunisian-wetlands-is-pushing-migrating-birds-away\/')\">\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\/08\/16\/the-drought-hitting-tunisian-wetlands-is-pushing-migrating-birds-away\/\">\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=The drought hitting Tunisian wetlands is pushing migrating birds away&url=https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/the-drought-hitting-tunisian-wetlands-is-pushing-migrating-birds-away\/\">\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\/08\/16\/the-drought-hitting-tunisian-wetlands-is-pushing-migrating-birds-away\/&title=The drought hitting Tunisian wetlands is pushing migrating birds away\">\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=The+drought+hitting+Tunisian+wetlands+is+pushing+migrating+birds+away+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F08%2F16%2Fthe-drought-hitting-tunisian-wetlands-is-pushing-migrating-birds-away%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\/08\/16\/the-drought-hitting-tunisian-wetlands-is-pushing-migrating-birds-away\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2628.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79032\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/16\/the-drought-hitting-tunisian-wetlands-is-pushing-migrating-birds-away\/2628-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2628.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2628.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2628.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2628.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79031\" class=\"content-area-description single-story post-79031 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-drought tag-ecosystem tag-enterpriseclimate tag-on-your-way-out tag-tunisia 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>Worsening drought in Tunisian wetlands disrupt migrating birds transit:<\/strong> Months of drought and a ferocious heatwave in Tunisia has left its Ariana lagoon parched, disrupting the flocks of migrating birds that use the wetlands as a transit between Africa and Europe, <a href=\"https:\/\/www.reuters.com\/world\/africa\/changing-climate-pushes-migrating-birds-parched-tunisian-wetlands-2023-08-14\/\">Reuters<\/a> reports. Another nearby lagoon called Sijoumi \u2014 often more reliable than the Ariana lagoon \u2014 is also now half empty. Environmental activist Radhia Haddad and scientific coordinator of Tunisia's Bird Lovers Association Hicham Azafzaf both confirm that they have not seen the wetlands this dry in decades, the newswire notes.<\/p>\n<p><strong>Tunisia is located in an essential migrating route:<\/strong> \u201cTunisia is on the main migration route for hundreds of bird species and its large wetlands are a haven for wading birds that journey north across the Sahara or south from the Arctic and northern Europe,\u201d Reuters writes. While birds usually lay their eggs on small islands in the lagoon, this year \u201cthere has been no nesting there at all,\u201d Haddad says.<\/p>\n<p><strong>The country\u2019s winters are becoming drier:<\/strong> Tunisia recorded the <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ccccd3fd-f9aa-438c-9370-012225d562d3\">highest maximum<\/a><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ccccd3fd-f9aa-438c-9370-012225d562d3\">temperatures<\/a> on record, reaching 49.0\u00b0C, on June 23. This poses a sign of much hotter summers to come, the newswire explains. \u201cThere are several species that no longer come to Tunisia in the winter,\u201d Azafzaf said, adding that only 400-600 white fronted geese stopped at Ichkeul National Park west of Tunis this year, compared to some 30k in previous years.<\/p>\n<p><strong>Wetlands also help control extreme temperatures: <\/strong>Lagoons and other wetlands are important for human residents too, regulating temperature during heatwaves and helps avert dangerous floods by absorbing rainfall from sudden storms, the newswire explains.<\/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\/drought\/\">drought<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ecosystem\/\">ecosystem<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/tunisia\/\">Tunisia<\/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=\"79033\" 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\/08\/16\/79033\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79033\" class=\"content-area-description single-story post-79033 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>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>12-13 September (Tuesday-Wednesday): <a href=\"https:\/\/events.reutersevents.com\/energy-transition\/industry-usa?utm_source=Reuters.com&utm_medium=EventListing&utm_campaign=5903\">Industry Transition 2023<\/a>, Pittsburgh, USA.<\/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>10-11 October (Tuesday-Wednesday): <a href=\"https:\/\/greenenergyafricasummit.com\/home\">Green Energy Africa Summit<\/a>, Cape Town International Convention Centre 2, Cape Town, South Africa.<\/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>25-26 October (Friday-Saturday): <a href=\"https:\/\/events.reutersevents.com\/renewable-energy\/offshore-floating-wind-europe?utm_source=Reuters.com&utm_medium=Event%20Listing%20-%20Energy%20Page\">Offshore & Floating Wind Europe 2023<\/a>, London, United Kingdom.<\/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>1-3 November (Wednesday-Friday): <a href=\"https:\/\/forbesmiddleeastevents.com\/sustainability-leaders-summit\/\">Forbes Middle East Sustainability Leaders Summit 2023<\/a>, Abu Dhabi, UAE.<\/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>DECEMBER 2024<\/strong><\/p>\n<p>2-13 December (Monday-Friday): <a href=\"https:\/\/www.unccd.int\/news-stories\/notifications\/sixteenth-session-unccd-conference-parties-cop-16-riyadh\">Conference of the Parties (COP16) to the United Nation Convention to Combat Desertification<\/a>, Riyadh, KSA.<\/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":79014,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-79013","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"6cfb6640-a9b9-4a8f-9fb5-44d712b5028d","teaser":"","photo_url":"https:\/\/ent.news\/2020\/10\/65.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>Papyrus Australia is setting up a biodegradable food packaging manufacturing factory 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\" href=\"https:\/\/enterpriseam.com\/climate\/issues\/papyrus-australia-is-setting-up-a-biodegradable-food-packaging-manufacturing-factory-in-egypt\/\" \/>\n<meta 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