{"id":79362,"date":"2023-09-05T01:00:12","date_gmt":"2023-09-05T01:00:12","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=79362"},"modified":"2025-12-15T09:30:48","modified_gmt":"2025-12-15T09:30:48","slug":"acwa-power-inks-a-stack-of-agreements-with-italian-companies-to-boost-cooperation-on-green-hydrogen-and-renewables","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/acwa-power-inks-a-stack-of-agreements-with-italian-companies-to-boost-cooperation-on-green-hydrogen-and-renewables\/","title":{"rendered":"Acwa Power inks a stack of agreements with Italian companies to boost cooperation on green hydrogen and renewables"},"content":{"rendered":"<section id=\"79364\" 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=\"79364\">\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\/09\/05\/today-acwa-power-%f0%9f%92%9a-italian-investors-green-banks-are-in-the-works-for-egypt\/\">\r\n                            TODAY: Acwa Power ? Italian investors + Green banks are in the works for 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\/09\/05\/today-acwa-power-%f0%9f%92%9a-italian-investors-green-banks-are-in-the-works-for-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\/09\/05\/today-acwa-power-%f0%9f%92%9a-italian-investors-green-banks-are-in-the-works-for-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\/09\/05\/today-acwa-power-%f0%9f%92%9a-italian-investors-green-banks-are-in-the-works-for-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=TODAY: Acwa Power ? Italian investors + Green banks are in the works for Egypt&url=https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/today-acwa-power-%f0%9f%92%9a-italian-investors-green-banks-are-in-the-works-for-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\/09\/05\/today-acwa-power-%f0%9f%92%9a-italian-investors-green-banks-are-in-the-works-for-egypt\/&title=TODAY: Acwa Power ? Italian investors + Green banks are in the works for 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=TODAY%3A+Acwa+Power+%3F+Italian+investors+%2B+Green+banks+are+in+the+works+for+Egypt+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F09%2F05%2Ftoday-acwa-power-%25f0%259f%2592%259a-italian-investors-green-banks-are-in-the-works-for-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\/09\/05\/today-acwa-power-%f0%9f%92%9a-italian-investors-green-banks-are-in-the-works-for-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/148.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79365\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/today-acwa-power-%f0%9f%92%9a-italian-investors-green-banks-are-in-the-works-for-egypt\/148-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/148.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"148.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/148.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/148.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79364\" class=\"content-area-description single-story post-79364 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-egypt tag-energy-transition tag-enterpriseclimate tag-ipo-watch tag-oman tag-renewables tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Good morning, wonderful people. <\/strong>It\u2019s another busy day on the climate front, but first\u2026<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a><strong>COUNTDOWN- There are just 13 days until the Enterprise Finance Forum, taking place at the St. Regis Hotel in the Nile Corniche<\/strong>. This flagship forum is the latest in our must-attend series of invitation-only events, where CEOs, bankers, investors, and founders will meet to discuss the trends shaping the future of banking, finance, NBFIs, and fintech.<\/p>\n<p><strong>You won\u2019t want to miss our lineup and agenda:<\/strong> Join Todd Wilcox (CEO and deputy chair, HSBC Egypt), Akef El Maghraby (vice chairman, Banque Misr), Mariam El Samny (head of consumer banking, FAB Misr), Amr Allam (Co-CEO, Hassan Allam Holding), Nivanne Mortagy (North Africa lead, upstream, financial institutions group, IFC), Mounir Nakhla (Founder and CEO, MNT Halan), Leila Serhan (group country manager and senior VP for North Africa, Levant and Pakistan, Visa) and much more for in-depth discussion on everything from investing in uncertain times, to the coming of AI and digital banks. <strong><a href=\"https:\/\/finance.enterprise.news\/\">Tap or click here<\/a><\/strong><strong> t<\/strong><strong>o register or view the agenda. <\/strong><\/p>\n<p><strong>We are honored to count some of the region\u2019s most important financial institutions as our partners for this special event. <\/strong>The Enterprise Finance Forum could not take place without support from: Banque Misr, Al Baraka Bank, FAB Misr, HSBC, Mashreq, CI Capital, Global Corp, Visa, Hassan Allam Utilities, and the IFC.<\/p>\n<p class='web-image' ><a href='https:\/\/finance.enterprise.news\/index.html#agenda'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/368.jpg?ssl=1\" alt='enterprise'><\/a><\/p>\n<hr class=\"grey-line\">\n<p><strong>THE BIG CLIMATE STORY- <\/strong>Renewables giant Acwa Power signed agreements with six Italian partners to explore potential partnerships in key sectors including green hydrogen, water desalination, waste management.<\/p>\n<p><strong>^^ We have more on this story and much more in the news well, below.<\/strong><\/p>\n<p><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- <\/strong>There\u2019s no single story grabbing the headlines, but Africa\u2019s first demonstrable emissions reduction platform kicked off to a \u201ccontinental record\u201d of over 2 mn credits in carbon futures transaction. This \u201cshowcases the potential for climate projects and sovereign nations in the Global South,\u201d Nairobi-based CYNK CEO Sudhu Arumugam said. They can \u201cmonetize this fast-growing asset class,\u201d he added. The credits will be produced by Kenya\u2019s biggest biomass company Tamuwa. CYNK refused to disclose the buyer\u2019s identity or details related to the pricing of the trade. <strong>The story got ink in <\/strong><strong><a href=\"https:\/\/www.reuters.com\/business\/environment\/africa-climate-summit-opens-with-focus-financing-continental-unity-2023-09-04\/\">Reuters<\/a><\/strong><strong> and <\/strong><strong><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-09-04\/first-african-offsets-platform-begins-with-record-trade?srnd=green#xj4y7vzkg\">Bloomberg<\/a><\/strong><strong>.<\/strong><\/p>\n<hr class=\"grey-line\">\n<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a><strong>WATCH THIS SPACE #1- Oman could be bracing <\/strong><strong>for its biggest IPO in two decades:<\/strong> Oman's <a href=\"https:\/\/oqgn.om\/home\">OQ Gas Networks<\/a> (OQGN) has announced its plan to proceed with an IPO and listing on the Muscat Stock Exchange in October, according to its <a href=\"https:\/\/oqgn.om\/ipo\">website<\/a>. The plan involves the state oil company OQ\u2019s pipelines business offering up to 49% of its total share capital, OQGN said, with OQ maintaining a minimum ownership stake of 51% following the offering. The IPO could help raise between USD 700 mn and USD 800 mn, <a href=\"https:\/\/www.reuters.com\/business\/energy\/omans-oq-gas-networks-plans-float-up-49-its-shares-list-msx-2023-09-04\/\">Reuters<\/a> reported, citing a source with knowledge of the matter. This would make the planned IPO the largest in the country since Oman Telecommunications (Omantel) raised OMR 288 mn (c. USD 748 mn) by selling a 30% stake in 2005.<\/p>\n<p><strong>Why is this important?<\/strong> OQGN\u2019s growth strategy includes <a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/oq-gas-networks-saog-under-transformation-announces-intention-to-float-on-the-muscat-stock-exchange-qrgvb6wi\">playing a vital role<\/a> in the Gulf country\u2019s energy transition by facilitating hydrogen and captured carbon transportation and storage.<\/p>\n<hr class=\"grey-line\">\n<p><strong>WATCH THIS SPACE #2- <\/strong><strong>Sweden has its eyes on Egypt\u2019s renewables sector:<\/strong> Several undisclosed Swedish financial institutions are ready to provide financing to renewable energy projects in Egypt, according to a <a href=\"http:\/\/tinyurl.com\/2p8rv3ux\">statement<\/a>, citing comments made by Swedish International Development Cooperation and Foreign Trade Minister Johan Forssell. Sweden is keen to boost the level of cooperation with Egypt, Forssel said, especially in electricity distribution networks and exchanging technical expertise in power transmission and distribution and planned interconnection projects with Europe.<\/p>\n<p><strong>WATCH THIS SPACE #3- Another exit from the energy charter treaty<\/strong><strong>? <\/strong>The UK may pull out of the international energy charter treaty (ECT) if reform attempts fail, <a href=\"https:\/\/www.theguardian.com\/environment\/2023\/sep\/01\/uk-could-quit-energy-charter-treaty-minister-announces\">The Guardian<\/a> reports, citing comments made by Energy Minister Graham Stuart. The treaty \u201cwill not support those countries looking to make the transition to cleaner, cheaper energy sources and could even penalize our country for being at the forefront of those efforts,\u201d Stuart said. The UK's Climate Change Committee recommended Britain quit the ECT last July due to \u201ccontinued membership represents risks to both a timely climate transition and to the taxpayer.\u201d<\/p>\n<p><strong>What is the ECT?<\/strong> The ECT is a system of secret courts that enables companies to sue governments over policies that would cut their future profits. Companies have sued over phasing out coal-fired power stations, ending offshore oil drilling, and banning fracking, with some receiving large taxpayer-funded payouts.<\/p>\n<p><strong>Europe is way ahead of the UK:<\/strong> If the UK goes through with its withdrawal, it would be following the EU\u2019s footsteps as the bloc heads towards <a href=\"https:\/\/www.reuters.com\/world\/europe\/brussels-says-eu-exit-energy-charter-treaty-unavoidable-2023-02-07\/\">an \u201cunavoidable exit\u201d<\/a> due to concerns that staying in the treaty would undermine climate targets, the news outlet said. While <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/01ac1008-cf14-4742-87da-d5d85a2ef4b0\">Denmark<\/a>, France, Germany, the Netherlands, Poland, and Spain all announced plans to depart from the agreement over its strong protections of fossil fuel projects, the EU Commission will likely <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0e9d0144-d27b-4e12-bf51-61df76c4cee9\">leave room<\/a> for member states to remain in an \u201cupdated version\u201d of the 1998 treaty. The UK and Japan are the only major economies not to have committed to exiting the ECT.<\/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>Egypt will host the <\/strong><strong><a href=\"https:\/\/rsd-forum.com\/\">Annual Regional Sustainability and Development Forum<\/a><\/strong><strong> on Thursday <\/strong><strong>7 September and Friday 8 September<\/strong> in Cairo. The two-day forum brings together government officials, policymakers, the business community, NGO representatives, and others to discuss challenges to sustainable development in the region. It will also showcase the latest sustainable development technologies and practices, allowing businesses and organizations to present their related work and products.<\/p>\n<p><strong>India will host the <\/strong><strong><a href=\"https:\/\/www.g20.org\/en\/g20-india-2023\/new-delhi-summit\/\">G20 Heads of State and Government Summit<\/a><\/strong><strong> from Saturday, 9 <\/strong><strong>September to Sunday, 10 September <\/strong>in New Delhi. A G20 Leaders\u2019 Declaration will be adopted at the conclusion of the summit, stating commitment towards priorities discussed and agreed upon during previous ministerial and working group meetings through the year, the organizers note. The last meeting of G20 energy ministers in July <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/65d9a591-8b2c-40c4-ae42-d5768511e143\">failed to reach consensus<\/a> on a fossil fuel phasedown as several major producing nations, led by Saudi Arabia, blocked the move. Among other expected announcements, the Global Biofuels Alliance is <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/88b83a90-d902-4c43-8296-4ea996a89b52\">scheduled<\/a> to be launched at the summit.<\/p>\n<p><strong>Egypt will host the <\/strong><strong><a href=\"https:\/\/www.hydrogenegypt.com\/hes2023\">Hydrogen Egypt Summit<\/a><\/strong><strong> on Wednesday 13 September and Thursday <\/strong><strong>14 September<\/strong> in Cairo. The two-day event will bring together members of the local and global hydrogen industry to discuss optimizing hydrogen and green hydrogen development in MENA. The event will serve as a platform for the local industry to discuss potential investments with global investors, operators, and technology providers.<\/p>\n<p><strong>Morocco will host the <\/strong><strong><a href=\"https:\/\/www.worldptxsummit.com\/\">World Power-to-X Summit<\/a><\/strong><strong> from Tuesday 19 September to Thursday <\/strong><strong>21 September<\/strong> in Marrakech. The event brings together policymakers, industry leaders, and innovators in green hydrogen to showcase success stories in the carbon-free industry. It will also explore scaling-up projects throughout the Power-to-X value chain and hold discussions on harmonizing roadmaps of contiguous countries and adjacent regions.<\/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\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\/energy-transition\/\">energy transition<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ipo-watch\/\">IPO watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79366\" 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=\"79367\" 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=\"79367\">\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\">RENEWABLES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/acwa-power-inks-a-stack-of-agreements-with-italian-companies-to-boost-cooperation-on-green-hydrogen-and-renewables\/\">\r\n                            Acwa Power inks a stack of agreements with Italian companies to boost cooperation on green hydrogen and renewables                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/acwa-power-inks-a-stack-of-agreements-with-italian-companies-to-boost-cooperation-on-green-hydrogen-and-renewables\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" 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boost cooperation on green hydrogen and renewables&url=https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/acwa-power-inks-a-stack-of-agreements-with-italian-companies-to-boost-cooperation-on-green-hydrogen-and-renewables\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/acwa-power-inks-a-stack-of-agreements-with-italian-companies-to-boost-cooperation-on-green-hydrogen-and-renewables\/&title=Acwa Power inks a stack of agreements with Italian companies to boost cooperation on green hydrogen and renewables\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> 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href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/acwa-power-inks-a-stack-of-agreements-with-italian-companies-to-boost-cooperation-on-green-hydrogen-and-renewables\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/464.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79368\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/acwa-power-inks-a-stack-of-agreements-with-italian-companies-to-boost-cooperation-on-green-hydrogen-and-renewables\/464-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/464.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"464.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/464.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/464.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79367\" class=\"content-area-description single-story post-79367 post type-post status-publish format-standard has-post-thumbnail hentry category-renewables tag-acwa-power tag-desalination tag-eni tag-enterpriseclimate tag-green-hydrogen tag-italy tag-renewables tag-saudi-arabia tag-waste-management 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>KSA\u2019s Acwa Power inks agreements with Italian investors:<\/strong> Renewables giant Acwa Power signed agreements with six Italian partners to explore potential partnerships in key sectors including green hydrogen, water desalination, waste management, according to a <a href=\"https:\/\/www.acwapower.com\/news\/acwa-power-signs-strategic-cooperation-agreements-with-six-italian-partners-in-green-hydrogen-water-desalination-and-rd\/\">statement<\/a>.<\/p>\n<p><strong>Who is doing what:<\/strong> Italy\u2019s SME federation <a href=\"https:\/\/www.confindustria.it\/en\">Confindustria<\/a> \u2014 with a collective network of 222 associations and more than 150k companies \u2014 will assess the potential for green hydrogen and water desalination projects, including the identification of suitable contractors and suppliers, the statement notes. Oil giant <a href=\"https:\/\/www.eni.com\/en-IT\/home.html\">Eni<\/a> will explore prospects for partnerships in green hydrogen, renewables, and R&D in sustainable technologies. Waste management firm <a href=\"https:\/\/www.gruppoa2a.it\/en\/home\">A2A<\/a> will look into green hydrogen projects for export, while engineering firm <a href=\"https:\/\/www.rina.org\/\">Rina<\/a> will investigate hydrogen\u2019s potential use for sea-borne shipping. Industrial solutions provider <a href=\"https:\/\/www.denora.com\/\">Industrie De Nora<\/a> will provide its expertise in electrochemistry and sustainability technologies to advance the operation and maintenance of Acwa Power\u2019s water desalination and green hydrogen projects. Specialty additives manufacturer <a href=\"https:\/\/www.italmatch.com\/\">Italmatch Chemicals<\/a> will explore the potential for water treatment projects and R&D in Saudi Arabia.<\/p>\n<p><strong>What they said: <\/strong>\u201cWe look forward to bringing together Saudi Arabia, home of one of the largest decarbonization programs in the world, with a rapidly expanding and diversifying economy, and Italy, one of the most competitive engineering, manufacturing and technology suppliers globally. The collaboration between Acwa Power and our Italian counterparties will enable the exchange of crucial expertise, products, and equipment,\u201d CEO Marco Arcelli said in the statement.<\/p>\n<p><strong>IN OTHER ACWA NEWS- China in the crosshairs: <\/strong>Acwa plans to kick off operations in China from next year as it expands its presence in renewables-driven countries, <a href=\"https:\/\/english.alarabiya.net\/business\/energy\/2023\/09\/04\/Saudi-Arabia-s-ACWA-Power-to-enter-China-next-year-CEO-Arcelli-says\">Al Arabiya<\/a> reports, citing comments made by Arcelli. \u201cThe push into China and other Asian markets will focus on developing desalination, green hydrogen, and renewable energy projects,\u201d Arcelli said, adding that the company is also looking into partnerships with European countries to set up shop in the kingdom.<\/p>\n<p><strong>Acwa Power is aggressively expanding elsewhere in Asia:<\/strong> The company has been <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/61525d65-123b-493b-b8d6-ed7866b82314\">investing heavily<\/a> in a southeast Asian expansion with projects in Indonesia and Thailand. Acwa Power signed an agreement with <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/94c52062-6eda-4e70-9bd0-c1a61b0b0135\">Bangladesh\u2019s government<\/a> last week to build the country\u2019s largest solar project. The company signed a power purchase and investment agreements with Uzbekistan for a 1.5 GW, <a href=\"https:\/\/acwapower.com\/en\/projects\/azerbaijan-wind-ipp\/\">USD 2.4 bn<\/a> wind energy farm in 2019. Acwa is also <a href=\"https:\/\/acwapower.com\/en\/projects\/azerbaijan-wind-ipp\/\">developing<\/a> a 240 MW wind farm in Azerbaijan with a reported investment of USD 300 mn. In March, Acwa signed an agreement with Kazakhstan to build and manage a <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ad5ad3ff-b4b7-48a6-89df-3666a238e50d\">1 GW wind farm<\/a> and a battery energy storage facility. That same month, the company signed a <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f9605eee-6f5a-4a59-8907-8f18d41f1f99\">USD 2.5 bn<\/a> power purchase and investment agreement with Uzbekistan to develop two solar stations and three storage facilities.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/acwa-power\/\">ACWA Power<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/desalination\/\">DESALINATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/eni\/\">Eni<\/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\/italy\/\">Italy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/waste-management\/\">waste management<\/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=\"79369\" 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=\"79369\">\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\">POLICY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/green-banks-could-be-happening-in-egypt-and-heres-what-we-know-so-far\/\">\r\n                            Green banks could be happening in Egypt and here\u2019s what we know so far                        <\/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\/09\/05\/green-banks-could-be-happening-in-egypt-and-heres-what-we-know-so-far\/\" 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\/09\/05\/green-banks-could-be-happening-in-egypt-and-heres-what-we-know-so-far\/')\">\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\/09\/05\/green-banks-could-be-happening-in-egypt-and-heres-what-we-know-so-far\/\">\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=Green banks could be happening in Egypt and here\u2019s what we know so far&url=https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/green-banks-could-be-happening-in-egypt-and-heres-what-we-know-so-far\/\">\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\/09\/05\/green-banks-could-be-happening-in-egypt-and-heres-what-we-know-so-far\/&title=Green banks could be happening in Egypt and here\u2019s what we know so far\">\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=Green+banks+could+be+happening+in+Egypt+and+here%E2%80%99s+what+we+know+so+far+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F09%2F05%2Fgreen-banks-could-be-happening-in-egypt-and-heres-what-we-know-so-far%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\/09\/05\/green-banks-could-be-happening-in-egypt-and-heres-what-we-know-so-far\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/325.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79370\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/green-banks-could-be-happening-in-egypt-and-heres-what-we-know-so-far\/325-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/325.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"325.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/325.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/325.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79369\" class=\"content-area-description single-story post-79369 post type-post status-publish format-standard has-post-thumbnail hentry category-policy tag-climate-policy tag-egypt tag-enterpriseclimate tag-green-finance wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a><strong>Could green banks make their way to Egypt?<\/strong> The Central Bank of Egypt (CBE) has indicated the possibility of establishing green banks in the country in accordance with the CBE\u2019s rules and the new Banking Law, its recent <a href=\"https:\/\/www.cbe.org.eg\/-\/media\/project\/cbe\/page-content\/rich-text\/financial-stability\/macroprudential\/%D8%AA%D9%82%D8%B1%D9%8A%D8%B1-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D9%82%D8%B1%D8%A7%D8%B1-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A-%D9%84%D9%84%D8%B9%D8%A7%D9%85-2022.pdf\">f<\/a><a href=\"https:\/\/www.cbe.org.eg\/-\/media\/project\/cbe\/page-content\/rich-text\/financial-stability\/macroprudential\/%D8%AA%D9%82%D8%B1%D9%8A%D8%B1-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D9%82%D8%B1%D8%A7%D8%B1-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A-%D9%84%D9%84%D8%B9%D8%A7%D9%85-2022.pdf\">inancial stability report (pdf)<\/a> showed. The mission-driven institutions would come under legislation allowing for the licensing of such \u201cspecialized\u201d banks.<\/p>\n<p><strong>What is a green bank, Enterprise? <\/strong>Green banks are <a href=\"https:\/\/greenbanknetwork.org\/what-is-a-green-bank-2\/\">dedicated banking institutions<\/a> that facilitate private investments to accelerate the transition to clean energy and green sectors such as water and waste management.<\/p>\n<p><strong>What we know:<\/strong> The CBE plans to issue licenses for green banks within a timeframe of two years, an government source told Enterprise Climate. The green banks will be a part of a general framework devised by the state to create a green economy, transforming several planned projects into green initiatives to drum up investments, the source said. The plan will also stimulate private sector projects to incorporate green initiatives in order to benefit from incentives, the source added. The banking sector will complement the plan, which is being outlined by the Finance and Planning Ministries. Per the plan, banks will be providing \u201cgreen\u201d finance to projects under various systems similar to those provided by banks abroad.<\/p>\n<p><strong>The rationale:<\/strong> Such green banks would help in securing low-cost capital for clean and renewable energy projects and other projects that seek an improvement of environmental quality under suitable prices and terms, the CBE report said.<\/p>\n<p><strong>All part of a sustainability push: <\/strong>The CBE affirmed its support for the state\u2019s efforts in providing sustainable financing due to its low-risk environmental and social nature. This would reflect positively on the stability of the country\u2019s financial system, it added. Sustainable financing could also pave the way for further investments and FX by luring in a new segment of investors that have sustainable finance among their main goals. It could also help bolster the issuance of green bonds on the back of an increased prevalence of social and environmental-focused investments.<\/p>\n<p><strong>REMEMBER- <\/strong>The CBE <a href=\"https:\/\/www.cbe.org.eg\/en\/sustainability\/sustainable-finance\">recently issued the guiding principles<\/a> for sustainable finance to incorporate Environment, Society, and Governance elements (ESG) into banks\u2019 processes and decisions on credit advancement. It is part of the sustainable finance roadmap, which seeks to develop the capacity of the country\u2019s financial sector for sustainable finance through training programs and education papers to help boost knowledge in the sector.<\/p>\n<p><strong>IN OTHER EGYPT NEWS- <\/strong>Egypt\u2019s Financial Regulatory Authority (FRA) signed a MoU with the Institute of National Planning (INP) to bolster cooperation in sustainable development and sustainable finance mechanisms, according to a <a href=\"http:\/\/tinyurl.com\/5n6khk89\">statement<\/a> released last week. The main goals behind the cooperation include raising awareness on sustainable development and development finance and building capacity for financial instruments for the green economy among others, according to the statement.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-policy\/\">CLIMATE POLICY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-finance\/\">green finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79371\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"79371\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/79371\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79371\" class=\"content-area-description single-story post-79371 post type-post status-publish format-standard hentry wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class=\"web-image\"><a href=\"https:\/\/weareiph.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1828.jpg?ssl=1\" alt=\"enterprise\"><\/a><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79372\" 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=\"79372\">\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\/09\/05\/ksas-sppc-announces-shortlisted-bidders-for-1-5-gw-solar-projects\/\">\r\n                            KSA\u2019s SPPC announces shortlisted bidders for 1.5 GW solar projects                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/ksas-sppc-announces-shortlisted-bidders-for-1-5-gw-solar-projects\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/ksas-sppc-announces-shortlisted-bidders-for-1-5-gw-solar-projects\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/ksas-sppc-announces-shortlisted-bidders-for-1-5-gw-solar-projects\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=KSA\u2019s SPPC announces shortlisted bidders for 1.5 GW solar projects&url=https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/ksas-sppc-announces-shortlisted-bidders-for-1-5-gw-solar-projects\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/ksas-sppc-announces-shortlisted-bidders-for-1-5-gw-solar-projects\/&title=KSA\u2019s SPPC announces shortlisted bidders for 1.5 GW solar projects\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=KSA%E2%80%99s+SPPC+announces+shortlisted+bidders+for+1.5+GW+solar+projects+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F09%2F05%2Fksas-sppc-announces-shortlisted-bidders-for-1-5-gw-solar-projects%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/ksas-sppc-announces-shortlisted-bidders-for-1-5-gw-solar-projects\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/231.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79373\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/ksas-sppc-announces-shortlisted-bidders-for-1-5-gw-solar-projects\/231-jpg-17\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/231.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"231.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/231.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/231.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79372\" class=\"content-area-description single-story post-79372 post type-post status-publish format-standard has-post-thumbnail hentry category-solar tag-edf-renouvelables tag-enterpriseclimate tag-jinko-power tag-masdar tag-nesma-company tag-solar tag-solar-energy tag-sun-glare-holding tag-sunlight-energy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a><strong>Some major solar moves are happening in KSA:<\/strong> The <a href=\"https:\/\/www.spb.com.sa\/\">Saudi Power Procurement Company<\/a> (SPPC) has announced the names of shortlisted bidders for the fourth round of solar projects under the country\u2019s National Renewable Energy Program (NREP), according to a <a href=\"https:\/\/powersaudiarabia.com.sa\/web\/attach\/news\/SPPC_Announces_Shortlisted_Bidders_EN.pdf\">statement (pdf)<\/a>. The fourth round covers the 1.1 GW Al Henakiyah and 400 MW Tabrajal solar parks.<\/p>\n<p><strong>Who\u2019s in: <\/strong>The shortlisted bidders for the 1.5 GW solar projects include a consortium of UAE renewables player Masdar, France\u2019s EDF Renouvelables, and Saudi-based Nesma Company. A consortium of China\u2019s Jinko Power, Sun Glare Holding, and Sunlight Energy Holding have also been shortlisted for both solar PV projects, according to the SPPC.<\/p>\n<p><strong>Ironing out the details:<\/strong> Each of the projects will be developed on a BOO basis, with the winning bidder retaining full ownership of the project company. Each project company would enter into a 25-year power purchase agreement with the SPPC, which is the principal buyer. The projects are expected to lure in over SAR 4 bn (c. USD 1.06 bn) in investments and will help power c. 265k homes annually.<\/p>\n<p><strong>About SPPC: <\/strong>The Saudi company is tasked with the predevelopment, tendering, and subsequent offtake of energy from projects under the Saudi Energy Ministry\u2019s supervision. It has awarded over 11 GW of renewable energy capacity under the NREP to date, according to the statement.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/edf-renouvelables\/\">EDF Renouvelables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/jinko-power\/\">Jinko Power<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/masdar\/\">Masdar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/nesma-company\/\">Nesma Company<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/sun-glare-holding\/\">Sun Glare Holding<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/sunlight-energy\/\">Sunlight 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=\"79374\" 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=\"79374\">\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\">MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/a-new-wmo-report-spells-out-how-the-climate-crisis-is-worse-for-africa\/\">\r\n                            A new WMO report spells out how the climate crisis is worse for Africa                        <\/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\/09\/05\/a-new-wmo-report-spells-out-how-the-climate-crisis-is-worse-for-africa\/\" 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\/09\/05\/a-new-wmo-report-spells-out-how-the-climate-crisis-is-worse-for-africa\/')\">\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\/09\/05\/a-new-wmo-report-spells-out-how-the-climate-crisis-is-worse-for-africa\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=A new WMO report spells out how the climate crisis is worse for Africa&url=https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/a-new-wmo-report-spells-out-how-the-climate-crisis-is-worse-for-africa\/\">\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\/09\/05\/a-new-wmo-report-spells-out-how-the-climate-crisis-is-worse-for-africa\/&title=A new WMO report spells out how the climate crisis is worse for Africa\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=A+new+WMO+report+spells+out+how+the+climate+crisis+is+worse+for+Africa+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F09%2F05%2Fa-new-wmo-report-spells-out-how-the-climate-crisis-is-worse-for-africa%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\/09\/05\/a-new-wmo-report-spells-out-how-the-climate-crisis-is-worse-for-africa\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/454.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79375\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/a-new-wmo-report-spells-out-how-the-climate-crisis-is-worse-for-africa\/454-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/454.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"454.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/454.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/454.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79374\" class=\"content-area-description single-story post-79374 post type-post status-publish format-standard has-post-thumbnail hentry category-macro-picture tag-climate-change tag-drought tag-enterpriseclimate tag-food-security tag-global-warming tag-loss-and-damage tag-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a><strong>Ringing the alarm bell for Africa:<\/strong> A worsening climate change continues to be an increasing threat for Africa, causing harm to food security, ecosystems, and economies in a continent that is responsible for only a fraction of the world\u2019s greenhouse gas emissions, according to a <a href=\"https:\/\/ent.news\/2023\/9\/179.pdf\">report (pdf)<\/a> by the World Meteorological Organization (WMO) released during the <a href=\"https:\/\/africaclimatesummit.org\/\">Africa Climate Summit<\/a> in Kenya. Such climate-induced threats could trigger displacement and migration as well as aggravate conflicts in the continent over diminishing resources.<\/p>\n<p><strong>By the numbers: <\/strong>More than 110 mn people in Africa were directly impacted by weather, climate and weather-related events in 2022, causing over USD 8.5 bn in economic damages, according to the report. Drought was the main cause of fatalities, while flooding was the primary reason for economic damages. The report said that the real toll of those impacted could even be higher due to underreporting.<\/p>\n<p><strong>A big loss in terms of agriculture:<\/strong> Recent decades of extreme weather and climate events have taken a toll on Africa\u2019s agriculture sector, pushing agricultural productivity growth down by 34% since 1961. This plunge is the highest globally in comparison with other regions, with extreme conditions also impacting grain production \u2014 aggregate cereal production in North Africa down 14% y-o-y to 33 mn tons in 2022. However, good rains in West Africa helped bring aggregate cereal production up 7% y-o-y to reach 76.4 mn tons last year. Pastureland and cropland areas in East Africa were hit by continuous drought-stressed conditions, with the number of acute food insecure people up 90% y-o-y to 4.4 mn during the last three months of 2022.<\/p>\n<p><strong>And heavy displacement: <\/strong>The Horn of Africa was hit by its worst drought in 40 years last year, with Ethiopia, Kenya, and Somalia being the most impacted. Almost 1.2 mn people were displaced internally in Somalia due to the extreme drought and over 60k people fled the combined impact of drought and conflict, crossing into Ethiopia and Kenya during the same year. Some 512k were also displaced internally in Ethiopia due to drought. Such displacements led to a funding gap and a spike in food prices, bringing in the number of refugees impacted by food assistance cuts due to the crisis to over 3.5 mn. The crisis in the continent was worsened by some high-impact weather events that left little room for recovery throughout the year. These included a series of cyclones that hit Southern Africa, leaving hundreds of thousands impacted, including pre-existing refugees and people who were internally displaced.<\/p>\n<p><strong>A hefty cost for loss and damage: <\/strong>The level of loss and damage and the costs incurred in Africa will depend on several factors, including the level of ambition of global mitigation actions and adaptation investment levels locally, according to the report. It estimated \u201cresidual damages\u201d equivalent to 3% of the continent\u2019s projected GDP could be incurred annually by 2080 in a 4 C warming world with strong regional adaptation. In the case of both low and high warming scenarios, loss and damage costs in Africa are projected to range between USD 290 bn and USD 440 bn from 2020 to 2030.<\/p>\n<p><strong>NDCs are a positive step, however: <\/strong>A total of 53 parties from Africa have submitted their nationally determined contributions (NDCs) as of February this year, with over 90% submitting an updated NDC. Implementing such NDCs will need up to USD 2.8 tn between 2020 and 2030, the report said, highlighting the African Development Bank\u2019s (AfDB) doubling of climate finance to USD 25 bn by 2025. Although most of the submitted NDCs present a quantification of the estimated adaptation costs, the issue of loss and damage remains of little significance in the documents due to what the report described as a \u201clack of standard methodologies for assessing climate-related risks.\u201d Therefore, it suggested that the United Nations Economic Commission for Africa (UNECA)\/African Climate Policy Centre (ACPC) modeling-based assessments on loss and damage be used to bring in practical outcomes related to links between mitigation, adaptation, and loss and damage costs at the national level.<\/p>\n<p><strong>Some innovative financing pathways could be key: <\/strong>Some innovative financing mechanisms could help push the implementation of the NDCs, the report said. These include green and blue bonds and loans, sustainability or sustainability-linked bonds and loans, debt-for-climate swaps, and more feasible and better-priced carbon markets.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-change\/\">climate change<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/food-security\/\">food security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/global-warming\/\">global warming<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/loss-and-damage\/\">loss and damage<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/macro-picture\/\">MACRO PICTURE<\/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=\"79376\" 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=\"79376\">\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\">GREEN CITIES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/amman-is-repurposing-abandoned-urban-spaces-to-plant-mini-forests\/\">\r\n                            Amman is repurposing abandoned urban spaces to plant mini-forests                        <\/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\/09\/05\/amman-is-repurposing-abandoned-urban-spaces-to-plant-mini-forests\/\" 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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Five small, shade-giving forests have been planted so far, and the sixth and biggest project spanning 1k square meters \u2014 the area of the first five projects combined \u2014 is set to launch soon. The <a href=\"https:\/\/ent.news\/2023\/8\/3174.pdf\">Urban Micro-Lungs initiative (pdf)<\/a> was brought to life by 39-year-old Jordanian architect Deema Assaf and Japanese forest regeneration expert Nochi Motoharu five years ago. Jordan\u2019s Environment Ministry, the Greater Amman Municipality, and GIZ are <a href=\"https:\/\/www.c40.org\/case-studies\/amman-urban-micro-lungs-initiative\/\">partners on the project<\/a> and funding is supplied by the German Federal Ministry for Economic Cooperation and Development.<\/p>\n<p><strong>The new ecosystem is helping the city adapt to increasing heat waves, floods, and wildfires: \u201c<\/strong>While the trees in Amman\u2019s mini-forests are still young \u2014 the oldest has only been around for four and a half years \u2014 there\u2019s a perceptible cooling effect of about 14 \u00b0C under their canopies compared with open areas,\u201d Assaf told Bloomberg. The mini-forests can also help fight the floods by acting \u201cas a sponge\u201d to soak up water, and can make better wind barriers and are less prone to wildfires, Assaf added, while also fostering a larger ecosystem by attracting different types of birds, butterflies, bugs, and fennec foxes.<\/p>\n<p><strong>The researchers opted for the Miyawaki method of growing forests: <\/strong>Assaf and Nochi employed a method developed by Japanese botanist Akira Miyawaki in the 1970s. The Miyawaki approach involves densely packing indigenous trees close together to provoke competition among young trees for sunlight and soil nutrients, triggering rapid growth in as little as 10 years.<\/p>\n<p><strong>Reviving lost plant species suited for Jordan\u2019s climate:<\/strong> In a bid to find drought tolerant and low maintenance plants, the duo discovered and revived some of Jordan\u2019s endangered species, including the evergreen and deciduous oak, wild pistachio, turpentine tree, wild pear, hawthorns, and eastern strawberry. \u201cSome of these plants have been around for thousands and some for mns of years,\u201d Assaf told Bloomberg.<\/p>\n<p><strong>The campaign is part of Jordan\u2019s wider adaptation methods: <\/strong>Jordan is also working on other adaptation projects, including planting on rooftops, painting old buildings with heat-reflecting white paint, building 7.5k water-harvesting systems to collect rainwater, and treating used water to maintain greenery in the country. The government has set aside JOD 2.5 mn (USD 3.5 mn) over the next three years to plant 10 mn trees across the country by the end of the decade.<\/p>\n<p><strong>Some challenges ahead: <\/strong>Aside from needing financing to maintain the trees and protect them from disruptions such as wildfires, the major challenge will be securing water for irrigation. Jordan is one of the <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/674744e0-0370-4d14-a280-3b1cd8d9c0ce\">most water-scarce countries globally<\/a>, with only 97 cbm of available water per capita annually, way below the absolute water scarcity threshold of 500 cbm per capita per year. A surging population and climate change are set to further strain water resource availability by 30% by 2040.<\/p>\n<p><strong>Research shows planting trees can have a major impact on local temperatures: <\/strong>While the Middle East region has been left out of most research into how trees impact the urban climate, a study found that increasing tree cover in some European cities could have prevented 40% of the 6.7k heat-related deaths that occurred in the summer of 2015, Bloomberg said. Other studies from Europe, China, and the US show that areas covered by trees are cooler than those that are not \u2014 sometimes by as much as 12 \u00b0C on extremely hot days.<\/p>\n<p><strong>And our region will face some of the most extreme temperatures: <\/strong>The Middle East region is warming <a href=\"https:\/\/www.washingtonpost.com\/world\/2022\/09\/07\/middle-east-mediterranean-climate-change\/\">twice as fast<\/a> as the global average. Projections show that temperatures above 45 \u00b0C will become common in Jordan by mid-century as the country\u2019s arid climate makes it particularly vulnerable to global warming.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-adaptation\/\">climate adaptation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-change\/\">climate change<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-cities\/\">GREEN CITIES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/jordan\/\">Jordan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79378\" 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=\"79378\">\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\">MOVES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/ebrd-appoints-gretchen-biery-as-director-for-the-eastern-mediterranean-region\/\">\r\n                            EBRD appoints Gretchen Biery as director for the Eastern Mediterranean region                        <\/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\/09\/05\/ebrd-appoints-gretchen-biery-as-director-for-the-eastern-mediterranean-region\/\" 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\/09\/05\/ebrd-appoints-gretchen-biery-as-director-for-the-eastern-mediterranean-region\/')\">\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\/09\/05\/ebrd-appoints-gretchen-biery-as-director-for-the-eastern-mediterranean-region\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=EBRD appoints Gretchen Biery as director for the Eastern Mediterranean region&url=https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/ebrd-appoints-gretchen-biery-as-director-for-the-eastern-mediterranean-region\/\">\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\/09\/05\/ebrd-appoints-gretchen-biery-as-director-for-the-eastern-mediterranean-region\/&title=EBRD appoints Gretchen Biery as director for the Eastern Mediterranean region\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=EBRD+appoints+Gretchen+Biery+as+director+for+the+Eastern+Mediterranean+region+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F09%2F05%2Febrd-appoints-gretchen-biery-as-director-for-the-eastern-mediterranean-region%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\/09\/05\/ebrd-appoints-gretchen-biery-as-director-for-the-eastern-mediterranean-region\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/434.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79379\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/ebrd-appoints-gretchen-biery-as-director-for-the-eastern-mediterranean-region\/434-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/434.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"434.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/434.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/434.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79378\" class=\"content-area-description single-story post-79378 post type-post status-publish format-standard has-post-thumbnail hentry category-moves tag-ebrd tag-enterpriseclimate tag-eu tag-gaza tag-jordan tag-lebanon tag-moves tag-west-bank wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>EBRD appoints a new director for the Eastern Mediterranean region:<\/strong> The European Bank for Reconstruction and Development (EBRD) has appointed Gretchen Biery as the director for its eastern Mediterranean region, according to a <a href=\"https:\/\/www.ebrd.com\/news\/2023\/ebrd-appoints-gretchen-biery-director-for-the-eastern-mediterranean-region.html\">statement<\/a>. Biery will be based in Jordan and will lead EBRD operations in Jordan, Lebanon and the West Bank and Gaza, leveraging experience from years serving as the head of EBRD in Lebanon since 2018. Prior to joining the Bank, Biery held operational positions at multilateral development banks and the US Treasury, and consulted for bilateral development agencies, the statement added.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ebrd\/\">EBRD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/eu\/\">EU<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/gaza\/\">Gaza<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/jordan\/\">Jordan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/lebanon\/\">Lebanon<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/moves\/\">MOVES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/west-bank\/\">West Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79380\" 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=\"79380\">\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\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/ksas-tamgo-to-distribute-hydrogen-fuelled-generators-in-the-mena-region\/\">\r\n                            KSA\u2019s Tamgo to distribute hydrogen-fuelled generators in the MENA region                        <\/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\/09\/05\/ksas-tamgo-to-distribute-hydrogen-fuelled-generators-in-the-mena-region\/\" 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\/09\/05\/ksas-tamgo-to-distribute-hydrogen-fuelled-generators-in-the-mena-region\/')\">\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\/09\/05\/ksas-tamgo-to-distribute-hydrogen-fuelled-generators-in-the-mena-region\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=KSA\u2019s Tamgo to distribute hydrogen-fuelled generators in the MENA region&url=https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/ksas-tamgo-to-distribute-hydrogen-fuelled-generators-in-the-mena-region\/\">\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\/09\/05\/ksas-tamgo-to-distribute-hydrogen-fuelled-generators-in-the-mena-region\/&title=KSA\u2019s Tamgo to distribute hydrogen-fuelled generators in the MENA region\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=KSA%E2%80%99s+Tamgo+to+distribute+hydrogen-fuelled+generators+in+the+MENA+region+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F09%2F05%2Fksas-tamgo-to-distribute-hydrogen-fuelled-generators-in-the-mena-region%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\/09\/05\/ksas-tamgo-to-distribute-hydrogen-fuelled-generators-in-the-mena-region\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/443.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79381\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/ksas-tamgo-to-distribute-hydrogen-fuelled-generators-in-the-mena-region\/443-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/443.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"443.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/443.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/443.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79380\" class=\"content-area-description single-story post-79380 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-afc-energy tag-also-on-our-radar tag-enterpriseclimate tag-green-hydrogen tag-kuwait tag-oman tag-qatar tag-saudi-arabia tag-tamgo tag-uae tag-uk wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>KSA\u2019s Tamgo to distribute hydrogen-fuelled generators in the MENA region:<\/strong> London-based Hydrogen fuel cell developer <a href=\"https:\/\/www.afcenergy.com\/\">AFC Energy<\/a> signed a distribution agreement with Saudi Arabia's <a href=\"https:\/\/www.tamgoksa.com\/\">Tamgo<\/a> \u2014 publicly listed as The Machinery Group \u2014 to market and sell the company\u2019s zero-emission hydrogen-fuelled generators to Saudi Arabia and 16 neighboring countries, a statement on the <a href=\"https:\/\/www.londonstockexchange.com\/news-article\/AFC\/exclusive-distribution-agreement-with-tamgo\/16108364\">London Stock Exchange<\/a> said. Tamgo will have exclusive rights to AFC Energy's air-cooled S Series and liquid-cooled S+ Series fuel cell generators currently ranging from 10 kW to 200 kW and built for industrial and off-grid use. The company will also provide local on-the-ground maintenance and servicing along with engineering, design, commissioning, and logistical support. Other countries AFC is eyeing include the UAE, Qatar, Oman, Kuwait, and Kazakhstan. The MENA region\u2019s rental power market is currently worth more than USD 1.6 bn and is projected to increase to USD 3.2 bn by the end of 2030, according to the statement.<\/p>\n<p><strong>About Tamgo:<\/strong> Tamgo \u2014 a subsidiary of investment conglomerate <a href=\"https:\/\/www.zahid.com\/\">Zahid Group<\/a> \u2014 is one of Saudi Arabia\u2019s leading power rental businesses. It has provided power solutions to mega-scale infrastructure and mining projects including <a href=\"https:\/\/www.neom.com\/en-us?gclid=Cj0KCQjwgNanBhDUARIsAAeIcAsFWXuTaDw-WTlePwDWg7zF1TBL1MkArOknGx1-bXq3hI1uHKogtngaAjSwEALw_wcB\">Neom<\/a>, <a href=\"https:\/\/www.redseaglobal.com\/our-destinations\">the Red Sea<\/a> project, and <a href=\"https:\/\/qiddiya.com\/\">Qiddiya<\/a> mega entertainment complex. Its clients include Aramco and Altaaqa Alternative Solutions.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>A generous loan from Japan to Jordan<\/strong><strong>: <\/strong>Japan extended a USD 100 mn loan to Jordan to help support its electricity sector reforms. (<a href=\"https:\/\/www.reuters.com\/article\/jordan-japan\/japan-loans-jordan-100-mln-for-electricity-reforms-idINL8N3AF0ET\">Reuters<\/a>)<\/li>\n<li><strong>Farnek\u2019s transport fleet will run on biodiesel:<\/strong> Dubai-based <a href=\"https:\/\/www.neutralfuels.com\/\">Neutral<\/a><a href=\"https:\/\/www.neutralfuels.com\/\">Fuels<\/a> will supply UAE\u2019s smart and green facilities management firm <a href=\"https:\/\/www.farnek.com\/\">Farnek<\/a> with B7 blend biodiesel for their transport fleet. The fuel saves 6.14% of CO2 in comparison to using regular diesel. (<a href=\"https:\/\/www.farnek.com\/farnek-signs-partnership-agreement-with-neutral-fuels-to-reduce-carbon-emissions-of-its-transport-fleet\/\">Statement<\/a>)<\/li>\n<li><strong>KSA giant food manufacturer signs PPA with Engie for solar station:<\/strong> Saudi Arabia\u2019s largest agriculture and food manufacturing company <a href=\"https:\/\/aljouf.com\/\">Al Jouf<\/a> selected French utility firm Engie to construct a 8 MW solar plant to supply the company\u2019s olive oil, pickles, and french fries factories with energy under a 25-year PPA agreement. Construction will begin later this month, with operations planned for September of next year. (<a href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/lY_RboIwFIafxQdYesBQ2GUdGbKgguhUbkwtHZIIJaWQuacfFZdFNxfX9OKck-__z39QgtYoKWmbZ1TloqSHrt8keGsRDObYgRmMF0-AIfbwcuEYronR6hJwJh6GaEqimWlb4L0CSv6lhzi0IHoOJ8MA5uABvk8PNx65Y39yiczIo90leBl5fkCGDravgV9OvFry84YT8EdIfYV9M6ZvoJXktWgk42iecUXKUjQl4wUvVZDXyqWKoohRtucBb_khpBlHsV5L0zavhaw1hTZ6UnOmhHQrPz33x2InDn1dSZE2TC2OFe8HSnTW57rqTOP8o-sM6I2oZPueNb6AaVPsuHR3aGPq0ZsUxbcD1bGZDn1WbR9OQsXfVXxy67m0U4Rc5kJHrIrlcg25v52MplZ7-TMyGHwC87WhOA!!\/dz\/d5\/L0lHSklna0tDbEVKSUtJS1VRb2dwUkEhIS9vSHdRQUVNSUFBQ0VFaGdDS000emxHWUVLVWxTVUtXdEcwWVdnQSEhLzRKQ2lqc1lwTWhUalVFNWxFbXQyVXR0TlF6VzdLVzFtbzVBIS9aN181QTYwMkg4ME8wSFRDMDYwU0c2VVQ4MURRNi9aNl81QTYwMkg4ME8wSFRDMDYwU0c2VVQ4MURJMy9jb21wYW55U3ltYm9sLzYwNzAvZ2xvYmFsL2h0dHA6JTAlMHRhZGF3dWwlMC9hbm5DYXQvMS9hbklkLzc1NzQ1\/\">Saudi Exchange<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/afc-energy\/\">AFC Energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/kuwait\/\">Kuwait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/tamgo\/\">Tamgo<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uk\/\">UK<\/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=\"79382\" 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=\"79382\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/mercedes-bmw-unveil-long-range-evs-amid-rising-competition-from-tesla-and-china\/\">\r\n                            Mercedes, BMW unveil long range EVs amid rising competition from Tesla and China                        <\/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\/09\/05\/mercedes-bmw-unveil-long-range-evs-amid-rising-competition-from-tesla-and-china\/\" 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\/09\/05\/mercedes-bmw-unveil-long-range-evs-amid-rising-competition-from-tesla-and-china\/')\">\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\/09\/05\/mercedes-bmw-unveil-long-range-evs-amid-rising-competition-from-tesla-and-china\/\">\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=Mercedes, BMW unveil long range EVs amid rising competition from Tesla and China&url=https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/mercedes-bmw-unveil-long-range-evs-amid-rising-competition-from-tesla-and-china\/\">\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\/09\/05\/mercedes-bmw-unveil-long-range-evs-amid-rising-competition-from-tesla-and-china\/&title=Mercedes, BMW unveil long range EVs amid rising competition from Tesla and China\">\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=Mercedes%2C+BMW+unveil+long+range+EVs+amid+rising+competition+from+Tesla+and+China+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F09%2F05%2Fmercedes-bmw-unveil-long-range-evs-amid-rising-competition-from-tesla-and-china%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\/09\/05\/mercedes-bmw-unveil-long-range-evs-amid-rising-competition-from-tesla-and-china\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/362.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79383\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/mercedes-bmw-unveil-long-range-evs-amid-rising-competition-from-tesla-and-china\/362-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/362.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"362.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/362.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/362.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79382\" class=\"content-area-description single-story post-79382 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-electric-mobility tag-enterpriseclimate tag-evs wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Mercedes, BMW accelerate EV efforts to compete with Tesla and the Chinese<\/strong><strong>: <\/strong>Automotive giants Mercedes and BMW are pushing with EV ambitions amid stiff competition from Tesla and China automakers, <a href=\"https:\/\/www.cnbc.com\/2023\/09\/04\/bmw-mercedes-launch-biggest-electric-vehicle-push-yet-to-catch-tesla.html\">CNBC<\/a> reported earlier this week. Mercedes-Benz unveiled its <a href=\"https:\/\/www.mercedes-benz.com\/en\/innovation\/concept-cars\/concept-cla-class\/\">Concept CLA Class<\/a> \u2014 an EV built on new architecture that will promote future battery cars from the German auto player \u2014 during the IAA Mobility motor show in Munich. The concept car has a range of 750 km and an ability to reach a 400 km range within just 15 minutes of charging. Rival BMW earlier showcased the <a href=\"https:\/\/www.bmw.com\/de\/neue-klasse.html\">Vision Neue Klasse<\/a> \u2014 an EV concept that marks a new architecture for the company. The first vehicles under such a platform will begin production in 2025.<\/p>\n<p><strong>REMEMBER- <\/strong>The global EV market continues to be dominated by Tesla and several Chinese automakers. Tesla held 20% of the global EV market in the second quarter of the year, with Chinese BYD holding 15%, CNBC noted, citing data from Counterpoint Research.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>South Korea has big hydrogen plans for Canada:<\/strong> <a href=\"https:\/\/www.skecoplant.com\/en\/\">SK ecoplant<\/a> \u2014 the renewable unit of South Korean conglomerate SK Group \u2014 has secured land for a USD 15 bn green hydrogen project in Canada, slated to be among the world\u2019s largest. (<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-09-03\/sk-secures-land-for-15-billion-canadian-green-hydrogen-project?srnd=green\">Bloomberg<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/electric-mobility\/\">electric mobility<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79384\" 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=\"79384\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">CLIMATE IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/cubas-south-coast-is-facing-one-of-the-worst-coral-bleaching-events\/\">\r\n                            Cuba\u2019s south coast is facing one of the worst coral bleaching events                        <\/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\/09\/05\/cubas-south-coast-is-facing-one-of-the-worst-coral-bleaching-events\/\" 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\/09\/05\/cubas-south-coast-is-facing-one-of-the-worst-coral-bleaching-events\/')\">\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\/09\/05\/cubas-south-coast-is-facing-one-of-the-worst-coral-bleaching-events\/\">\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=Cuba\u2019s south coast is facing one of the worst coral bleaching events&url=https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/cubas-south-coast-is-facing-one-of-the-worst-coral-bleaching-events\/\">\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\/09\/05\/cubas-south-coast-is-facing-one-of-the-worst-coral-bleaching-events\/&title=Cuba\u2019s south coast is facing one of the worst coral bleaching events\">\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=Cuba%E2%80%99s+south+coast+is+facing+one+of+the+worst+coral+bleaching+events+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F09%2F05%2Fcubas-south-coast-is-facing-one-of-the-worst-coral-bleaching-events%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\/09\/05\/cubas-south-coast-is-facing-one-of-the-worst-coral-bleaching-events\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/409.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79385\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/cubas-south-coast-is-facing-one-of-the-worst-coral-bleaching-events\/409-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/409.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"409.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/409.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/409.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79384\" class=\"content-area-description single-story post-79384 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-in-the-news tag-biodiversity tag-climate-in-the-news tag-conservation tag-cuba tag-enterpriseclimate wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Cuba\u2019s south coast is facing one of the worst coral bleaching events:<\/strong> Cuba\u2019s once colorful corals are facing widespread bleaching as a result of warming waters, preliminary observations from a first time study on the health of Cuba\u2019s reef, fish, and sea life found, <a href=\"https:\/\/www.reuters.com\/business\/environment\/cuban-scientists-hunt-clues-save-coral-reefs-ocean-temperatures-soar-2023-09-01\/\">Reuters<\/a> reports. The two-year \u201cBojeo a Cuba\u201d' study \u2014 still a week from completion \u2014 off Cuba\u2019s south-central coast has reached a sweltering 32\u00b0C and above, the expedition scientists conducting the study told Reuters in interviews. The recent bleaching has affected 60-80% of corals in the area under study, an expedition biologist and researcher at the park said. The expedition's scientists also noticed a decline in larger specimens of fish like grouper, snapper, and sharks, Cuban marine biologist and expedition co-leader Fabian Pina said.<\/p>\n<p><strong>Not all bad news:<\/strong> Cuba\u2019s corals are known to be among the world's most pristine and resilient, one of the biologists told Reuters. \u201cWe are finding natural wonders almost everywhere we go,\u201d the biologist said, noting that many of Cuba's keys and mangrove forests are far more intact than in Florida and some Caribbean neighbors. In Florida, just 145 km from Cuba, temperatures have soared, prompting US scientists to warn of the potential for catastrophic bleaching.<\/p>\n<hr class=\"grey-line\">\n<p><strong>Climate scientists launching AI tool to track progress on net-zero pledges: <\/strong>AI company <a href=\"https:\/\/www.arboretica.com\/\">Arboretica<\/a>, research lab <a href=\"https:\/\/datadrivenlab.org\/\">Data-Driven EnviroLab<\/a> (DDL), and the <a href=\"https:\/\/zerotracker.net\/\">Net Zero Tracker<\/a> data collection project will launch the AI platform <a href=\"https:\/\/www.chatnetzero.ai\/\">ChatNetZero<\/a> to analyze climate data to evaluate the progress of companies and countries who have made net-zero pledges, <a href=\"https:\/\/www.thenationalnews.com\/climate\/2023\/08\/31\/chat-net-zero-scientists-plan-ai-app-to-answer-climate-questions\/\">The National<\/a> reports. Users of ChatNetZero will also be able to ask the platform about climate policies rolled out by different countries and companies to \u201chelp demystify net-zero commitments,\u201d DDL founder Angel Hsu told the news outlet. The tool will help increase accountability of net-zero pledges, putting pressure on institutions to commit to reducing their emissions. Users will eventually be able to upload documents such as new corporate climate plans and run them under Chat Net Zero\u2019s nose. More than a third of the world's biggest firms still have no climate goals in place, Net Zero Tracker found in its <a href=\"https:\/\/www.nature.com\/articles\/d41586-023-01976-0\">2023 Stocktake<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/biodiversity\/\">biodiversity<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-in-the-news\/\">CLIMATE IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/conservation\/\">conservation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/cuba\/\">Cuba<\/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=\"79386\" 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=\"79386\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/a-british-startup-has-developed-suits-to-help-cool-skin-temperatures\/\">\r\n                            A British startup has developed suits to help cool skin temperatures                        <\/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\/09\/05\/a-british-startup-has-developed-suits-to-help-cool-skin-temperatures\/\" 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\/09\/05\/a-british-startup-has-developed-suits-to-help-cool-skin-temperatures\/')\">\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\/09\/05\/a-british-startup-has-developed-suits-to-help-cool-skin-temperatures\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=A British startup has developed suits to help cool skin temperatures&url=https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/a-british-startup-has-developed-suits-to-help-cool-skin-temperatures\/\">\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\/09\/05\/a-british-startup-has-developed-suits-to-help-cool-skin-temperatures\/&title=A British startup has developed suits to help cool skin temperatures\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=A+British+startup+has+developed+suits+to+help+cool+skin+temperatures+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F09%2F05%2Fa-british-startup-has-developed-suits-to-help-cool-skin-temperatures%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\/09\/05\/a-british-startup-has-developed-suits-to-help-cool-skin-temperatures\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/91.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79387\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/05\/a-british-startup-has-developed-suits-to-help-cool-skin-temperatures\/91-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/91.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"91.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/91.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/91.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79386\" class=\"content-area-description single-story post-79386 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-adaptation tag-enterpriseclimate tag-global-warming tag-on-your-way-out wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a><strong>Cool suits can help us adapt to a warming planet:<\/strong> British startup Techniche UK is designing construction dubbed uniforms <a href=\"https:\/\/www.techniche-intl.com\/\">StayQool<\/a>, which can cool skin temperature by as much as 8 \u00b0C for up to seven hours, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-09-01\/global-warming-solutions-clothes-that-cool-including-nasa-developed-materials?srnd=green#xj4y7vzkg\">Bloomberg<\/a> reports. The suits have an outer layer of specially designed mesh and a waterproof layer below to absorb and remove heat through evaporation, and the startup also sells vests, hats, neck bands, and other garments with built-in cooling technology to companies and individual customers in nearly 30 countries.<\/p>\n<p><strong>More in the pipeline: <\/strong>The company is working on a cooling vest equipped with \u201csmart sensors that can monitor workers\u2019 biometrics and predict when they might be at risk of heat stress,\u201d and gear that can absorb heat using phase-change materials, Bloomberg writes. In Techniche\u2019s London office, professor of University of California at San Diego Renkun Chen is designing clothes that come with air-conditioning. Chen has crafted palm-sized thermoelectric devices \u2014 powered by rechargeable lithium-ion batteries \u2014 that react to a preferred temperature set by the user. The device can cool the skin temperature by up to 10 \u00b0C.<\/p>\n<p><strong>Our region can use the help: <\/strong>Construction companies in Qatar have already bought Techniche\u2019s construction suits for their workers, according to Bloomberg. Morocco and Egypt are among the <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/02ccd437-2e3c-49f9-83c2-26459d5a938d\">worst regionally<\/a> for children\u2019s exposure to climate and environmental shocks. Gulf countries are poised to see up to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/da10183b-5913-4454-9520-65e8aebd58ba\">250 \u201cdangerous heat\u201d days<\/a> a year by 2050.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/adaptation\/\">adaptation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/global-warming\/\">global warming<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/on-your-way-out\/\">ON YOUR WAY OUT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79388\" 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\/09\/05\/79388\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79388\" class=\"content-area-description single-story post-79388 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>SEPTEMBER 2023<\/strong><\/p>\n<p>4-5 September (Monday-Tuesday): <a href=\"https:\/\/gcfconference.com\/\">GCF Private Investment for Climate Conference<\/a>, Nairobi, Kenya.<\/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:\/\/gweccc.com\/\">Global Water, Energy and Climate Change Congress<\/a>(GWECCC), Manama, Bahrain.<\/p>\n<p>7-8 September (Thursday-Friday): <a href=\"https:\/\/rsd-forum.com\/\">Annual Regional Sustainability and Development Forum<\/a>, Cairo, Egypt.<\/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\">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>13-14 September (Wednesday-Thursday): <a href=\"https:\/\/www.egypthydrogen2023.com\/\">Hydrogen Egypt Summit<\/a>, Nile Ritz Carlton, Cairo.<\/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>2-5 October (Monday-Thursday): <a href=\"https:\/\/www.adipec.com\/\">ADIPEC Decarbonization Accelerator<\/a>, Abu Dhabi, UAE.<\/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>16-17 October (Monday-Tuesday): <a href=\"https:\/\/duqm23.opaz.gov.om\/\">Duqm Economic Forum<\/a>, Duqm, Oman.<\/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\">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>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>28-29 November (Tuesday-Wednesday): <a href=\"https:\/\/wges.ae\/\">World Green Economy Summit (WGES)<\/a>, Dubai, 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>4 December (Monday): <a href=\"https:\/\/www.greeninitiatives.gov.sa\/news-and-announcements\/third-edition-of-saudi-green-initiative-forum-to-take-place-during-cop28\/\">Saudi Green Initiative Forum<\/a>, Dubai, UAE.<\/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>JANUARY 2024<\/strong><\/p>\n<p>9-11 January (Tuesday-Thursday): <a href=\"https:\/\/www.futuremineralsforum.com\/\">Future Minerals Forum<\/a>, 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\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":79363,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-79362","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"9d6e3893-0104-4478-ae78-c6e0da7f1f55","teaser":"","photo_url":"https:\/\/ent.news\/2021\/12\/412.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>Acwa Power inks a stack of agreements with Italian companies to boost cooperation on green hydrogen and renewables - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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