{"id":79678,"date":"2023-09-25T02:00:10","date_gmt":"2023-09-25T02:00:10","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=79678"},"modified":"2025-12-15T09:36:19","modified_gmt":"2025-12-15T09:36:19","slug":"cevo-masari-atlantis-are-setting-up-an-ev-factory-in-dubai","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/cevo-masari-atlantis-are-setting-up-an-ev-factory-in-dubai\/","title":{"rendered":"CEVO + Masari-Atlantis are setting up an EV factory in Dubai"},"content":{"rendered":"<section id=\"79680\" 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=\"79680\">\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\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/\">\r\n                            TODAY: EU backs new Euro 7 vehicle emissions proposal + Asian Infrastructure Investment Bank annual meetings kick off in Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Let\u2019s jump in.<\/p>\n<p><strong>THE BIG CLIMATE STORY-<\/strong> UAE-based Masari-Atlantis and South Korea\u2019s CEVO Mobility signed an investment contract to invest EUR 100 mn in a new electric vehicle factory in Dubai next year, with plans to produce 20k vehicles per year.<\/p>\n<p><strong>HAPPENING TODAY- <\/strong><strong>Egypt will host <\/strong><strong>the <\/strong><strong><a href=\"https:\/\/m.facebook.com\/story.php?story_fbid=pfbid0jycrE4Ps7V9oG8m3q6DfPMQfMtF8pbYrMotqSMygiGBKsSMy8KaPBLNW5Hhhr3yDl&id=100064812882317&sfnsn=scwspwa&mibextid=RUbZ1f\">annual meetings<\/a><\/strong><strong> of the Asian <\/strong><strong>Infrastructure Investment Bank today in Sharm El Sheikh.<\/strong> The meetings, AIIB\u2019s first in Africa, aim to showcase potential investments in Egypt and attract financing for green initiatives in renewables, sustainable transportation, communication, internet infrastructure, and water resources.<\/p>\n<p><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- <\/strong><strong>The EU is backing Spain\u2019s new Euro 7<\/strong><strong> vehicle emissions proposal: <\/strong>EU countries largely showed support for new regulations on non-carbon tailpipe emissions \u2014 particulate matter from brakes and tires \u2014 proposed by the Spanish government, backing a watered down version of the bloc\u2019s initial <a href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/ip_22_6495\">Euro 7 draft<\/a>, which was put forward by the EU Commission earlier in November and followed the EU\u2019s initial Euro 1 set of regulations published in 1992. The new Spanish draft, which bloc members were due to make a final decision on yesterday during a ministerial meeting, will be later debated with the EU Commission and Parliament before final approval. The new proposal would extend the Euro 7\u2019s initial implementation date of <a href=\"https:\/\/www.acea.auto\/fact\/fact-sheet-euro-7-realistic-or-unrealistic-timings\/\">1 July 2025<\/a> for cars and vans to 30 months from the initial two-year deadline. Eight EU countries \u2014 including France, the Czech Republic, and Italy \u2014 voiced concern <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-05-22\/eight-eu-nations-push-back-on-new-car-exhaust-pollution-rules\">back in May<\/a> against strict limits on non CO2-tailpipe emissions, citing concerns that strong restrictions on combustion engine vehicles would divert investments away from EVs.<\/p>\n<p><strong>REMEMBER- The EU plans to ban the sale of fossil fuel-powered cars entirely by 2035:<\/strong> In November last year, the EU <a href=\"https:\/\/www.europarl.europa.eu\/news\/en\/headlines\/economy\/20221019STO44572\/eu-ban-on-sale-of-new-petrol-and-diesel-cars-from-2035-explained\">announced plans<\/a> to slash car emissions by 55% compared with 2021 levels by 2030, before ultimately banning the sale of petrol and diesel engines by 2035, but final approval for the target has been delayed several times. Back in March the bloc began talks with Europe\u2019s largest automaking country Germany on legislation allowing the sale and manufacture of combustion engine vehicles beyond the bloc\u2019s previously agreed termination date provided they run on e-fuels, after the country <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2128d3d7-513a-4e42-8f8f-8d186c0c0a50\">postponed<\/a> an EU vote to phase them out in February. Germany \u2014 which generates some EUR 411 bn per annum from auto sales \u2014 is <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/54725c7f-fccd-4698-98c1-3991833cd634\">lobbying for a flexible approach<\/a> that would not see an outright prohibition of fuel-powered cars. On Saturday, German e-fuels maker L\u00fchmann Gruppe announced plans to take the EU to court for its planned combustion engine phase out by 2035, noting the bloc\u2019s plan is unrealistic and \u201cdriven by ideology, not facts.\u201d<\/p>\n<p><strong>The story grabbed headlines in the international press over the weekend:<\/strong> <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-09-20\/european-nations-set-to-join-uk-backsliding-on-green-car-rules\">Bloomberg<\/a> | <a href=\"https:\/\/www.reuters.com\/sustainability\/eu-countries-agree-proposal-new-euro-7-car-emissions-regulation-2023-09-22\/\">Reuters<\/a> | <a href=\"https:\/\/www.dw.com\/en\/german-firm-to-sue-eu-over-ban-on-polluting-cars\/a-66906278\">Deutsche Welle<\/a><\/p>\n<hr class=\"grey-line\">\n<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>OVER IN COPLAND- Decarbonization of heavy industries is getting some backing <\/strong><strong>at COP:<\/strong> A cross-sectoral initiative to support the decarbonization of heavy-emitting industries such as steel, iron, and cement will be launched during COP28 in the UAE later this year, Director General of the UN climate summit Majid Al Suwaidi said during the UN General Assembly (UNGA) meetings in New York last week, according to a <a href=\"https:\/\/twitter.com\/COP28_UAE\/status\/1704564867997270020\">statement<\/a>. The initiative will facilitate the rollout of key enablers to develop the decarbonization industry, including financing, policymaking, technology, and collaboration, Al Suwaidi added.<\/p>\n<p><strong>And so are our favorite tree friends, <\/strong><strong><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2360510d-17fb-4a50-8cea-1160eb4666af\">the mangroves<\/a><\/strong><strong>: <\/strong>A high-level Mangroves Ministerial will be held during COP, bringing together mangrove-hosting countries to build partnerships and plan for scaling up mangrove conservation and restoration, the presidency said in a <a href=\"https:\/\/twitter.com\/MoCCaEUAE\/status\/1704536670446436596\">statement on X<\/a>, citing comments by UAE\u2019s Climate Change and Environment Minister Mariam Al Mheiri at the UNGA. The ministerial will \u201cfocus on accelerating finance, policy and technology to meet the Mangrove Breakthrough global target of restoring and protecting 15 mn hectares of mangroves by 2030,\u201d Al Mheiri added.<\/p>\n<p><strong>COP28 President Delegate Sultan Al Jaber made an appearance at UNGA\u2019s Climate Ambition Summit: <\/strong>\u201cClimate change won't be solved through agreement alone. It can only truly be addressed through action,\u201d Al Jaber said in <a href=\"https:\/\/www.prnewswire.com\/ae\/news-releases\/cop28-president-designate-to-un-climate-ambition-summit-we-are-not-powerless-to-overcome-the-climate-crisis-and-urges-world-to-get-after-gigatons-301934082.html\">opening statements<\/a> at the UNGA\u2019s Climate Ambition Summit in New York. Referring to the latest data from the Global Stocktake, Al Jaber said that \u201cthe numbers are straightforward: 22 gigatons. That's the amount of greenhouse gas emissions we need to cut in the next seven years to keep 1.5\u00b0C within reach.\u201d<\/p>\n<p><strong>And later <\/strong><strong>urged <\/strong><strong>countries to agree <\/strong><strong>on loss<\/strong><strong> and damage fund:<\/strong> Al Jaber urged nations to agree on how to operate a loss and damage climate fund to compensate developing countries for the damage caused by climate change, <a href=\"https:\/\/www.thenationalnews.com\/world\/us-news\/2023\/09\/22\/dr-al-jaber-urges-nations-to-come-together-on-loss-and-damages-climate-fund\/\">The National<\/a> reports. Al Jaber made the remarks in his opening remarks during a <a href=\"https:\/\/media.un.org\/en\/asset\/k1z\/k1zyx6rrc2\">consultation on funding<\/a> arrangements held at the UN on Friday. Developing countries have proposed that the fund would have USD 100 bn by 2030, but the leaders could not agree on which states would pay and how the money would be disbursed. The details were left to be worked out in the highly anticipated COP28. A <a href=\"https:\/\/enterprise.press\/stories\/2022\/11\/21\/landmark-loss-and-damage-pact-is-the-centerpiece-of-cop27-for-emerging-markets-88312\/\">transitional committee<\/a> set up during COP27 has already met three times to discuss the details of the loss and damage fund. It is scheduled to convene again next month in Aswan, Egypt.<\/p>\n<p><strong>Reactions and recommendations:<\/strong> Some EU countries are concerned that the fund could be misused as a \u201cglobal ATM facility\u201d accessed by countries that do not need it. The fund should target countries that are particularly vulnerable to the adverse effects of climate change, executive vice president of the UN Green Deal Maros Sefcovic recommended, according to the National. It should also hold the \u201ccountries that are historically responsible for GHG emissions\u201d accountable, a representative from Tunisia said during the discussion. Organizers are hoping to reach an agreement before COP28, sources at the French Energy Ministry told the National.<\/p>\n<hr class=\"grey-line\">\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>WATCH THIS SPACE #1- Egypt to ship renewable power to the UK:<\/strong> The UK is set to be one of the beneficiaries of planned electricity interconnections between Europe and Egypt, which will export power generated from wind and solar plants, <a href=\"https:\/\/www.telegraph.co.uk\/business\/2023\/09\/22\/britain-import-solar-power-egypt-renewable-energy\/\">The Telegram<\/a> reported on Friday. Egypt is expected to generate about 10 GW of power from wind farms near the Suez Canal, which will be transmitted via a 966 km subsea cable in the Mediterranean to Greece, the news outlet added. \u201cAbout a third of the power will be used in Greece and the rest will be exported to the rest of Europe,\u201d director of renewables and power at Norway-based energy consultancy Rystad Carlos Diaz told The Telegram.<\/p>\n<p><strong>BACKGROUND-<\/strong> Egypt and Greece have been working on a plan to add <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/174d0949-75cd-49ae-bb8d-6abd66ec4206\">9.5 GW of renewable<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/174d0949-75cd-49ae-bb8d-6abd66ec4206\">power generation<\/a> capacity in Egypt for export to Greece for which <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/414aad37-9a32-4305-b52b-01080a56d104\">Infinity Power<\/a> is exploring supplying renewables. It is unclear how the 9.5 GW plan will fit in the 3 GW Greece-Egypt Interconnector announced prior, raising the prospect that additional infrastructure will need to be built. Additionally, Norway\u2019s Scatec <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8e9d4edf-f3a8-4c89-a141-fcf841f5f66a\">signed an MoU<\/a> to study an Egypt-Europe electricity interconnection project in July, and Belgian company Jan De Nul <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d54f3d8f-a25b-4320-9283-8a70b43b9e9d\">discussed potential collaborations<\/a> in the electricity interconnection projects between Egypt and Europe in May.<\/p>\n<p><strong>WATCH THIS SPACE #2- We have a figure for Masdar\u2019s next <\/strong><strong>green bond issuance:<\/strong> Renewables giant Masdar is planning to issue USD 750 mn-1 bn in green bonds within six to nine months after closing its USD 750 mn debut bond sale earlier this year, CFO Niall Hannigan tells <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-09-22\/uae-energy-producer-masdar-to-borrow-up-to-1-billion-with-second-green-bond#xj4y7vzkg\">Bloomberg<\/a>. The planned issuance is part of Masdar\u2019s <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/53701f25-7e73-45d7-abeb-3a954978d785\">USD 3 bn push<\/a> to grow its global portfolio to 100 GW of capacity by 2030, the output from which will be directed towards \u201cthe greenest projects\u201d including solar, wind, and renewable power transmission.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>WATCH THIS SPACE<\/strong><strong> #3- Total will invest USD 300 mn in a JV with Adani Green: <\/strong>French oil giant TotalEnergies will invest USD 300 mn to form a joint venture with Adani Green on a renewable energy project, according to a <a href=\"https:\/\/totalenergies.com\/media\/news\/press-releases\/india-totalenergies-invest-new-1050-mwac-renewable-portfolio-jv-equally\">statement<\/a>. The project will have the capacity of around 1 GW of electricity from solar and wind power in India. Adani Green will contribute assets to the venture. \u201cThis will help deliver our vision to have 45 GW renewable energy capacity by 2030,\u201d Adani Group Chairman Gautam Adani said in the statement.<\/p>\n<p><strong>TotalEnergies has a history with Adani: <\/strong>TotalEnergies is the second largest shareholder of Adani Green with a 20% stake since 2021. It also acquired a 50% interest in some of Adani Green\u2019s solar farms in a USD 2.5 bn transaction that was among the <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/12a65d3c-3825-47d2-9a57-75f7f7a96829\">largest foreign investments<\/a> in India. This is also the two companies' first deal since fraud allegations were made against Adani earlier this year, battering investor confidence.<\/p>\n<p><strong>REMEMBER- <\/strong>The Qatar Investment Authority reportedly also bought shares worth USD 500 mn in Adani Green Energy last month, representing some 3% of Adani\u2019s green energy arm, providing a lifeline for the company after facing fraud allegations <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/922f15f5-a014-4c29-807b-501f1bff9be5\">earlier this year<\/a>.<\/p>\n<p><strong>WATCH THIS SPACE #4- Hyundai likely to solidify plans for KSA-based EV assembly <\/strong><strong>plant next month:<\/strong> In an upcoming October visit headed by the company\u2019s chairman, Hyundai Motor Company is planning to ink a formal agreement with Saudi Arabia to set up an EV assembly plant in the kingdom, <a href=\"https:\/\/www.kedglobal.com\/business-politics\/newsView\/ked202309180021\">Korea Economic Daily<\/a> reported. According to a preliminary agreement signed earlier this year, the project will send semi-finished electric vehicles and parts to Saudi Arabia for assembly and sale in the local market, the outlet added.<\/p>\n<p><strong>REMEMBER-<\/strong> In January, Saudi Arabia <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/47727559-0a72-458e-bf38-8b2e70eef187\">signed an MoU<\/a> with Hyundai Motor Company for the construction of an EV and internal combustion engine manufacturing plant. Automaker Hyundai Kefico \u2014 a subsidiary of Hyundai \u2014 signed a <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b47a183e-80c4-4864-8640-62611dab81dc\">KRW 250 bn (c. USD 196 mn) agreement<\/a> in July to supply spare parts to Saudi Arabia\u2019s first EV manufacturing company Ceer.<\/p>\n<hr class=\"grey-line\">\n<p><strong>China\u2019s Jinko Power secures BOO contract for 400 MW PV farm in KSA\u2019s Al Jowf: <\/strong>A consortium led by Chinese renewables developer Jinko Power has nabbed a USD 315 mn build-own-operate (BOO) contract for a 400 MW solar energy plant in KSA\u2019s northern Al Jowf province after submitting the most competitive Levelized Cost of Energy bid to the Saudi government, <a href=\"https:\/\/www.yicaiglobal.com\/news\/chinas-jinko-wins-bid-to-build-400-mw-solar-power-plant-in-saudi-arabia\">YICAI<\/a> reports, citing a company statement. The plant would have a 450 MW peak power capacity, generating up to 1.2 bn KWh (1.2 mn MWh) of clean energy annually. The company did not reveal when it would break ground on the project, but said construction would be completed in 21 months, the <a href=\"https:\/\/palmetto.com\/learning-center\/blog\/solar-panel-payback-period-guide\">solar payback period<\/a> \u2014 the time it takes developers to make back initial solar investment \u2014 will be around 14 years, and that it will retain operating rights for the plant for 30 years.<\/p>\n<p><strong>The financing:<\/strong> The company said it plans to raise some USD 137 mn from senior unsecured CNY-denominated green bonds with less tenors below three years to finance its overseas projects and repay existing debts, but did not specify if its upcoming KSA project would be funded through the note issuance.<\/p>\n<p><strong>A strong MENA renewables portfolio: <\/strong>Jinko Power\u2019s regional renewables assets include the UAE\u2019s <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/59b4a267-1bf8-4b47-86c2-4f3ba414b46c\">2 GW Al Dhafra solar park<\/a>, Oman\u2019s <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3aad63f3-6a3c-472b-950e-1d350da25403\">500 MW Manah 2 PV plant<\/a>, and KSA\u2019s <a href=\"https:\/\/www.jinkopower.com\/en\/news_details\/845\">300 MW Saad<\/a> solar energy project. The company has <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8f0807ba-01ab-4a32-94f8-c0c08fbeacaa\">also been shortlisted<\/a> to develop the 1.1 GW Al Henakiyah and 400 MW Tabrajal solar parks in KSA, and submitted bids to The Emirates Water and Electricity Company (Ewec) to develop the UAE\u2019s <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/43031cf2-39a8-4286-aa35-e6dddbd11964\">1.5 GW Al Ajban<\/a>solar IPP project. Earlier this month, a JV between the company and Singapore\u2019s Sembcorp Utilities <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3aad63f3-6a3c-472b-950e-1d350da25403\">secured approval<\/a> for its share capital to be listed on the Third Market of the Muscat Stock Exchange.<\/p>\n<p><strong>Banque Misr launching green investment fund<\/strong><strong>:<\/strong> State-owned Egyptian bank Banque Misr reportedly plans to establish a green investment fund in 1Q 2024, <a href=\"https:\/\/www.dailynewsegypt.com\/2023\/09\/23\/banque-misr-to-launch-green-investment-fund-in-2024\/\">Daily News Egypt<\/a> reports, citing sources it says have knowledge of the matter. The fund will focus on investing in companies that adhere to environmental, social, and governance (ESG) standards, particularly those listed on the EGX. The bank is awaiting approval from the Central Bank of Egypt and is set to align its investment strategy with S&P global\u2019s sustainability index. The size of the fund is yet to be announced.<\/p>\n<p><strong>What\u2019s a green investment fund?<\/strong> Green investment funds are mutual funds that finance companies that show a commitment to incorporating ESG into their operational fabric \u2014 a standard that is increasingly demanded by investors and consumers around the world.<\/p>\n<p><strong>REMEMBER<\/strong>- Just last week, Banque Misr was among a <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c0b21deb-dc7e-4711-b8c5-0a0041044324\">coalition of local lenders<\/a> extending EGP 30 bn in financing for green hydrogen projects to Egypt\u2019s SCZone. The bank is increasingly bolstering its green lending portfolio.<\/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> <strong>Algeria will host its <\/strong><strong><a href=\"https:\/\/www.facebook.com\/www.meer.gov.dz\/posts\/pfbid0KjY6smd8zqpKyMF6ghbDSWnVC1b3tPEZzo11X8Nk9zLfZdMbVPHYhFPrZq6hwkFkl\">International Fair on Environment<\/a><\/strong><strong><a href=\"https:\/\/www.facebook.com\/www.meer.gov.dz\/posts\/pfbid0KjY6smd8zqpKyMF6ghbDSWnVC1b3tPEZzo11X8Nk9zLfZdMbVPHYhFPrZq6hwkFkl\">and Renewable Energy (Sieera)<\/a><\/strong><strong> from Wednesday, 27 September through Friday, 29 September<\/strong> at <a href=\"https:\/\/www.me.gov.dz\/%D8%B5%D8%A7%D9%84%D9%88%D9%86-%D8%A7%D9%84%D8%AC%D8%B2%D8%A7%D8%A6%D8%B1-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A-%D9%84%D9%84%D8%A8%D9%8A%D8%A6%D8%A9-%D9%88%D8%A7%D9%84%D8%B7%D8%A7%D9%82%D8%A7%D8%AA\/\">Algiers\u2019 Exhibition Palace<\/a>. The conference will see local and international exhibitors debut their green tech offerings, and will include workshops and talks centered on accelerating the transition to clean energy sources with a focus on the role climate and green tech-focused startups and SMEs can play to create a net-zero pathway. The guest of honor for this year\u2019s addition will be South Korea, and Sieera aims to capitalize on the country\u2019s green tech know-how and capabilities to facilitate knowledge transfer and collaboration agreements between the developers of both countries.<\/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\/adani-green\/\">Adani Green<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/banque-du-caire\/\">Banque du Caire<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/cop28\/\">COP28<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/electric-vehicles\/\">ELECTRIC VEHICLES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/euro-7\/\">Euro 7<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/hyundai\/\">Hyundai<\/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\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/sultan-al-jaber\/\">Sultan Al Jaber<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/totalenergies\/\">totalenergies<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/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=\"79682\" 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=\"79683\" 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=\"79683\">\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\">ELECTRIC VEHICLES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/south-koreas-cevo-uaes-masari-atlantis-agree-to-set-up-eur-100-mn-ev-factory\/\">\r\n                            South Korea\u2019s CEVO + UAE\u2019s Masari-Atlantis agree to set up EUR 100 mn EV factory                        <\/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\/25\/south-koreas-cevo-uaes-masari-atlantis-agree-to-set-up-eur-100-mn-ev-factory\/\" 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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href=\"https:\/\/api.whatsapp.com\/send?text=South+Korea%E2%80%99s+CEVO+%2B+UAE%E2%80%99s+Masari-Atlantis+agree+to+set+up+EUR+100+mn+EV+factory+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F09%2F25%2Fsouth-koreas-cevo-uaes-masari-atlantis-agree-to-set-up-eur-100-mn-ev-factory%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\/25\/south-koreas-cevo-uaes-masari-atlantis-agree-to-set-up-eur-100-mn-ev-factory\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1742.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79684\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/south-koreas-cevo-uaes-masari-atlantis-agree-to-set-up-eur-100-mn-ev-factory\/1742-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1742.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1742.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1742.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1742.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79683\" class=\"content-area-description single-story post-79683 post type-post status-publish format-standard has-post-thumbnail hentry category-electric-vehicles tag-electric-vehicles tag-enterpriseclimate tag-evs tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>CEVO, Masari-Atlantis are investing EUR 100 mn in an EV factory in Dubai:<\/strong> UAE-based Masari-Atlantis and South Korea\u2019s <a href=\"https:\/\/www.cevo.co.kr\/en\/\">CEVO<\/a> Mobility signed an investment contract on Thursday to invest EUR 100 mn in a new electric vehicle factory in Dubai next year, <a href=\"https:\/\/www.gulftoday.ae\/business\/2023\/09\/21\/masari-atlantis-investments-plans-to-set-up-cevo-mobility-electric-vehicle-facility-in-uae\">Gulf Today<\/a> reports.<\/p>\n<p><strong>In detail:<\/strong> CEVO and Masari-Atlantis plan to produce 20k electric vehicles per year at the factory, which will span 200k sqm. The first EV from the new factory is expected to be produced in 2024, according to Gulf Today. The two companies also agreed on an EV development plan to produce four-seater vehicles, including trucks, commercial vehicles for urban logistics and delivery markets, and custom-order sports cars in Dubai.<\/p>\n<p><strong>Who\u2019s who:<\/strong> Masari-Atlantis is a joint venture between British Columbia-based investment firm Masari and Dubai-based Atlantis Wide and Petro Trading, according to Gulf Today. CEVO Mobility specializes in micro-electric vehicles and currently leads the South Korean micro-EV market.<\/p>\n<p><strong>The UAE EV market is booming:<\/strong> Dubai is setting its sights on having 42k electric cars on its roads by 2030, with the UAE\u2019s EV market expected to grow at a CAGR of around 28.5% during the 2023-28 period, according to a market research <a href=\"https:\/\/www.trade.gov\/market-intelligence\/united-arab-emirates-electric-vehicle-market\">report<\/a>. Annual EV car sales in the Middle East, including the UAE, is currently at 3-4 mn units, Gulf Today says.<\/p>\n<p><strong>IN OTHER EV NEWS- <\/strong><\/p>\n<p><strong>Saudi Arabia has granted EV manufacturer <\/strong><strong><a href=\"https:\/\/lucidmotors.com\/\">Lucid Motors<\/a><\/strong><strong> an operating license for its<\/strong><strong> manufacturing unit <\/strong>in the King Abdullah Economic City (<a href=\"https:\/\/www.kaec.net\/\">KAEC<\/a>) in Rabigh, west of the Kingdom, <a href=\"https:\/\/english.aawsat.com\/business\/4561701-lucid-electric-vehicles-be-manufactured-kaec\">Asharq Al Awsat<\/a> reports. Lucid \u2014 which is backed by Saudi\u2019s Public Investment Fund (PIF) \u2014 broke ground on the factory last year, with intentions to diversify the national automotive sector by granting building permits to build the Lucid factory in the KAEC special economic zone. The facility in Saudi is estimated to be about 1.35 mn sq meters and occupies about 31% of the total area allocated to the automotive industry in the KAEC Special Economic Zone.<\/p>\n<p><strong>REMEMBER-<\/strong> <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/4c08f92b-a46c-4e3f-8612-fda17753e740\">Saudi<\/a> is looking to convert 30% of the vehicles in Riyadh into electric cars to achieve its 2030 Vision.<\/p>\n<p><strong>ALSO- LG Chem and China's Huayou Group partner up for LFP in Morocco:<\/strong> <a href=\"http:\/\/www.lgchem.com\/\">LG Chem<\/a> and Youshan plan to build a Lithium-Phosphate-Iron (LFP) cathode material plant and lithium conversion plant in <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f7f71bc5-5be7-4259-8272-c44591cef9ff\">Morocco<\/a>, according to a <a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/lg-chem-teams-up-with-huayou-group-to-build-lfp-cathode-plant-in-morocco-heytx9vu\">statement<\/a>. The two companies are expected to produce 50k metric tons of LFP cathode materials a year \u2014 which allows them to produce more affordable EV\u2019s from 2026. This is enough to be installed in 500k electric vehicles that have 50 KWH capacity and a 350-km range. The two companies plan to build four facilities, including an LFP cathode material plant and a lithium conversion plant in Morocco, while also building a high-pressure acid leaching (HPAL) plant, a precursor plant, and a nickel processing plant in Indonesia.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/electric-vehicles\/\">ELECTRIC VEHICLES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/evs\/\">EVs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79685\" 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=\"79685\">\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\">STARTUP WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/zero-carbon-ventures-closes-usd-5-mn-seed-round\/\">\r\n                            Zero Carbon Ventures closes USD 5 mn seed round                        <\/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\/25\/zero-carbon-ventures-closes-usd-5-mn-seed-round\/\" 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\/25\/zero-carbon-ventures-closes-usd-5-mn-seed-round\/')\">\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\/25\/zero-carbon-ventures-closes-usd-5-mn-seed-round\/\">\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=Zero Carbon Ventures closes USD 5 mn seed round&url=https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/zero-carbon-ventures-closes-usd-5-mn-seed-round\/\">\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\/25\/zero-carbon-ventures-closes-usd-5-mn-seed-round\/&title=Zero Carbon Ventures closes USD 5 mn seed round\">\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=Zero+Carbon+Ventures+closes+USD+5+mn+seed+round+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F09%2F25%2Fzero-carbon-ventures-closes-usd-5-mn-seed-round%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\/25\/zero-carbon-ventures-closes-usd-5-mn-seed-round\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1743.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79686\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/zero-carbon-ventures-closes-usd-5-mn-seed-round\/1743-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1743.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1743.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1743.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1743.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79685\" class=\"content-area-description single-story post-79685 post type-post status-publish format-standard has-post-thumbnail hentry category-startup-watch tag-carbon-storage tag-enterpriseclimate tag-net-zero tag-startup-watch tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Zero Carbon Ventures bags USD 5 <\/strong><strong>in seed<\/strong><strong> funding:<\/strong> UAE-based <a href=\"https:\/\/www.zerocarbonvc.com\/\">Zero Carbon Ventures<\/a>, which is dedicated to bringing carbon-reducing technologies to the region, has raised USD 5 mn in seed funding from Dubai ruling family member Sheikh Ahmed bin Mana, the company said in a <a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/zero-carbon-ventures-closes-us-5mln-seed-investment-dnmceu3j\">statement<\/a> on Thursday. The Emirati businessman was also appointed as Zero Carbon\u2019s strategic investor and chairman of the board of directors.<\/p>\n<p><strong>Where the money\u2019s going:<\/strong> The funds will help the company deliver decarbonization projects and accelerate its efforts towards global sustainability initiatives on a wider scale, the statement read.<\/p>\n<p><strong>More on Zero Carbon:<\/strong> Founded in 2022, the company signed a <a href=\"https:\/\/news.masdar.ae\/en\/News\/2022\/10\/05\/06\/35\/MasdarCity-and-ZeroCarbon-Ventures-agree-carbon-reduction\">preliminary pact<\/a> with Masdar City in October of last year to collaborate on CO2-reducing tech in the UAE\u2019s capital. It has since been investing and applying innovative tech across four key areas: waste, water, energy, and materials. The company has offices in Masdar City and Abu Dhabi Global Market and is backed by British climate tech-firm Levidian, according to the <a href=\"https:\/\/www.zerocarbonvc.com\/technology\/\">company website<\/a>.<\/p>\n<p><strong>Sponsoring carbon capture:<\/strong> One of their current projects involves tackling the issue of methane emitted from landfills by capturing the gas before it escapes into the atmosphere and repurposing it to valuable commodities, according to their website.<\/p>\n<p><strong>REMEMBER<\/strong>- Zero Carbon also <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f6c3663a-78de-409c-9ab4-0adfe8212eb8\">signed an MoU<\/a> in September with Egypt\u2019s Green Planet for a pilot project focused on the treatment and transformation of organic waste into income-generating products.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/carbon-storage\/\">CARBON STORAGE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/net-zero\/\">net-zero<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/startup-watch\/\">Startup watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79687\" 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=\"79687\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/79687\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79687\" class=\"content-area-description single-story post-79687 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=\"79688\" 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=\"79688\">\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\">GREEN TECH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/nyu-abu-dhabi-develops-self-cleaning-membranes-for-desalination-tech\/\">\r\n                            NYU Abu Dhabi develops self-cleaning membranes for desalination tech                        <\/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\/25\/nyu-abu-dhabi-develops-self-cleaning-membranes-for-desalination-tech\/\" 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\/25\/nyu-abu-dhabi-develops-self-cleaning-membranes-for-desalination-tech\/')\">\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\/25\/nyu-abu-dhabi-develops-self-cleaning-membranes-for-desalination-tech\/\">\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=NYU Abu Dhabi develops self-cleaning membranes for desalination tech&url=https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/nyu-abu-dhabi-develops-self-cleaning-membranes-for-desalination-tech\/\">\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\/25\/nyu-abu-dhabi-develops-self-cleaning-membranes-for-desalination-tech\/&title=NYU Abu Dhabi develops self-cleaning membranes for desalination tech\">\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=NYU+Abu+Dhabi+develops+self-cleaning+membranes+for+desalination+tech+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F09%2F25%2Fnyu-abu-dhabi-develops-self-cleaning-membranes-for-desalination-tech%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\/25\/nyu-abu-dhabi-develops-self-cleaning-membranes-for-desalination-tech\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/479.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79689\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/nyu-abu-dhabi-develops-self-cleaning-membranes-for-desalination-tech\/479-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/479.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"479.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/479.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/479.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79688\" class=\"content-area-description single-story post-79688 post type-post status-publish format-standard has-post-thumbnail hentry category-green-tech tag-desalination tag-enterpriseclimate tag-green-tech tag-mena tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>NYU Abu Dhabi develops self-cleaning membranes for desalination tech: <\/strong>A team of researcher at the New York University (NYU) branch in Abu Dhabi has developed new autonomous membranes designed to clean desalination technologies in a bid to accelerate sustainable potable water production efforts, according to a <a href=\"https:\/\/nyuad.nyu.edu\/en\/news\/latest-news\/science-and-technology\/2023\/september\/self-cleaning-membranes-water-desalination.html\">statement<\/a> out on Wednesday.<\/p>\n<p><strong>What is membrane desalination?<\/strong> <a href=\"https:\/\/www.sciencedirect.com\/topics\/engineering\/desalination-membrane#:~:text=Membrane%20desalination%20is%20the%20process,passes%20through%20a%20semipermeable%20membrane.\">Membrane desalination<\/a> operations involve extracting salt and minerals from water solutions through porous layers to extend the life cycles of desalination plants. Membrane desalination is prone to fouling, and is the \u201cmajor culprit to elevated operating costs,\u201d due to the deterioration of <a href=\"https:\/\/www.sciencedirect.com\/topics\/engineering\/permeate-flux\">permeate flux<\/a> \u2014 the liquid flowing through desal membranes, increasing pressure and resulting in frequent, costly chemical cleaning, which shortens membranes\u2019 lifespans.<\/p>\n<p><strong>The new tech:<\/strong> The NYU Abu Dhabi team has developed a hybrid membrane by utilizing <a href=\"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S2590183422000102#:~:text=Stimuli%2Dresponsive%20materials%20(SRM),molecular%20assembly%2C%20or%20mechanical%20properties.\">stimuli-responsive materials<\/a> \u2014 substances that react to the presence of or changes in external stimuli, such as light, temperature, and electricity \u2014 and thermo salient organic crystals embedded in polymers to enable controlled membrane deformation through pressurized self-modulation of pore sizes to minimize salt leakages in response to changes in temperature. \u201cThe crystals on the surface of the membrane respond to short-term increase in temperature, which activates the membrane to effectively remove the deposited contaminants from its surface,\u201d the university notes. NYU concluded a study noting that the process increased the flow of desalinated water by more than 43% compared to conventional osmotic distillation operations, and significantly extended the membrane\u2019s operational lifecycle.<\/p>\n<p><strong>Why does this matter for the region? <\/strong>The MENA region is the most water-scarce region in the world, according to the <a href=\"https:\/\/www.prb.org\/resources\/finding-the-balance-population-and-water-scarcity-in-the-middle-east-and-north-africa\/\">Public Reference Bureau<\/a>. Some 6.3% of the global population lives in the region, but MENA only has 1.4% of the world\u2019s renewable freshwater sources. As global warming exacerbates desertification globally, the MENA region is <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e94aa1a0-7199-4551-b42a-68e24285b9db\">upping<\/a> its desalination projects and is looking to conserve water to withstand the effects of climate change. Seawater desalination projects currently provide more than <a href=\"https:\/\/www.zawya.com\/en\/projects\/utilities\/mena-desal-projects-investments-to-hit-43bln-by-year-end-kyy1c6o7#:~:text=Seawater%20desalination%20now%20contributes%20to,Mena%20Desalination%20Market%20report%20by\">90%<\/a> of all daily water requirements in the GCC region. The GCC region produces approximately 40% of the total desalinated water in the world, according to the <a href=\"https:\/\/www.venturesonsite.com\/construction-report\/217-mena-desalination-market---feb-2019?d=success&formid=request_free_demo\">MENA Desalination Market report<\/a> by Ventures Onsite. Membrane desalination provides a lifeline for coastal communities in our neck of the woods to meet local demands, the research note in 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\/desalination\/\">DESALINATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-tech\/\">green tech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/mena\/\">MENA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79690\" 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=\"79690\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">CLIMATE DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/kuwait-and-china-partner-on-newables-smart-city-development-and-low-carbon-recycling-uae-and-indonesia-look-at-smart-cities-renewables-and-food-security-plus-egypt-wants-to-work-with-czech-rep\/\">\r\n                            Kuwait and China partner on newables, smart city development, and low-carbon recycling + UAE and Indonesia look at smart cities, renewables, and food security. Plus: Egypt wants to work with Czech Republic on green fuels                        <\/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\/25\/kuwait-and-china-partner-on-newables-smart-city-development-and-low-carbon-recycling-uae-and-indonesia-look-at-smart-cities-renewables-and-food-security-plus-egypt-wants-to-work-with-czech-rep\/\" 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\/25\/kuwait-and-china-partner-on-newables-smart-city-development-and-low-carbon-recycling-uae-and-indonesia-look-at-smart-cities-renewables-and-food-security-plus-egypt-wants-to-work-with-czech-rep\/')\">\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\/25\/kuwait-and-china-partner-on-newables-smart-city-development-and-low-carbon-recycling-uae-and-indonesia-look-at-smart-cities-renewables-and-food-security-plus-egypt-wants-to-work-with-czech-rep\/\">\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=Kuwait and China partner on newables, smart city development, and low-carbon recycling + UAE and Indonesia look at smart cities, renewables, and food security. Plus: Egypt wants to work with Czech Republic on green fuels&url=https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/kuwait-and-china-partner-on-newables-smart-city-development-and-low-carbon-recycling-uae-and-indonesia-look-at-smart-cities-renewables-and-food-security-plus-egypt-wants-to-work-with-czech-rep\/\">\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\/25\/kuwait-and-china-partner-on-newables-smart-city-development-and-low-carbon-recycling-uae-and-indonesia-look-at-smart-cities-renewables-and-food-security-plus-egypt-wants-to-work-with-czech-rep\/&title=Kuwait and China partner on newables, smart city development, and low-carbon recycling + UAE and Indonesia look at smart cities, renewables, and food security. Plus: Egypt wants to work with Czech Republic on green fuels\">\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=Kuwait+and+China+partner+on+newables%2C+smart+city+development%2C+and+low-carbon+recycling+%2B+UAE+and+Indonesia+look+at+smart+cities%2C+renewables%2C+and+food+security.+Plus%3A+Egypt+wants+to+work+with+Czech+Republic+on+green+fuels+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F09%2F25%2Fkuwait-and-china-partner-on-newables-smart-city-development-and-low-carbon-recycling-uae-and-indonesia-look-at-smart-cities-renewables-and-food-security-plus-egypt-wants-to-work-with-czech-rep%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\/25\/kuwait-and-china-partner-on-newables-smart-city-development-and-low-carbon-recycling-uae-and-indonesia-look-at-smart-cities-renewables-and-food-security-plus-egypt-wants-to-work-with-czech-rep\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1744.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79691\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/kuwait-and-china-partner-on-newables-smart-city-development-and-low-carbon-recycling-uae-and-indonesia-look-at-smart-cities-renewables-and-food-security-plus-egypt-wants-to-work-with-czech-rep\/1744-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1744.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1744.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1744.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1744.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79690\" class=\"content-area-description single-story post-79690 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-diplomacy tag-china tag-climate-diplomacy tag-czech-republic tag-egypt tag-enterpriseclimate tag-green-hydrogen tag-indonesia tag-kuwait tag-renewables tag-smart-cities tag-suez-canal tag-uae 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-06\"><\/a> <strong>Kuwait and China sign agreements to boost collaboration on renewables, smart <\/strong><strong>cities, and low-carbon recycling:<\/strong> Kuwaiti Crown Prince Mishal Al Ahmad Al Sabah signed on Saturday MoUs with the Chinese government in renewable energy, smart city construction, water treatment, and low-carbon recycling, according to the <a href=\"https:\/\/www.kuna.net.kw\/ArticleDetails.aspx?id=3110434&language=en\">Kuwait News Agency<\/a>. Kuwait\u2019s Electricity, Water, and Renewable Energy Minister Jassem Al Ostad signed a pact with China\u2019s national energy department to establish power systems and grid infrastructure supporting the Arab country\u2019s transition to renewables. Al Sabah also signed an MoU with China\u2019s state-owned National Development and Reformation Commission to set up a low-carbon green recycling system as well as infrastructure for water treatment solutions in Kuwait. Kuwait announced last November during COP27 that it plans to become carbon-neutral <a href=\"https:\/\/www.argusmedia.com\/en\/news\/2388715-cop-27-kuwait-pledges-net-zero-emissions-by-2060\">by 2060<\/a>, and has set out a target to push down by 7.4% its expected business-as-usual (BAU) emissions \u2014 11 mn metric tons of CO2 equivalent \u2014 <a href=\"https:\/\/unfccc.int\/sites\/default\/files\/NDC\/2022-06\/Kuwait%20updating%20the%20first%20NDC-arabic.pdf\">by 2030<\/a>.<\/p>\n<p><strong>UAE and Indonesia want to team up on smart city development, renewables, and <\/strong><strong>food security: <\/strong>UAE Energy and Infrastructure Minister Suhail Al Mazrouei met with Indonesia's President Joko Widodo on the sidelines of the UAE-Indonesia Business Forum in Jakarta to discuss increasing cooperation in smart and green cities, renewables, and food security, according to <a href=\"https:\/\/wam.ae\/en\/details\/1395303200831\">Wam<\/a>. Mazrouei spotlighted potential cooperation in developing Indonesia\u2019s new green capital Nusuantra on Borneo, which is set to become operational <a href=\"https:\/\/www.cnbc.com\/2023\/08\/28\/indonesia-to-move-capital-from-jakarta-to-nusantara-but-it-wont-be-easy.html\">by 2045<\/a> in line with the country\u2019s efforts to attain carbon neutrality <a href=\"https:\/\/www.iea.org\/reports\/an-energy-sector-roadmap-to-net-zero-emissions-in-indonesia\">by 2060<\/a>. Widodo plans to reserve <a href=\"https:\/\/seads.adb.org\/news\/building-green-and-smart-city-indonesias-new-capital\">70% of the new capital\u2019s landmass<\/a> as green areas in a bid to upscale national reforestation efforts. Mazrouei noted both the state and UAE private developer\u2019s interest in helping establish various port infrastructure in Nusuantra, as well as setting up renewables projects in the country, and helping support Indonesia\u2019s food security efforts. Indonesia has set out a target <a href=\"https:\/\/iesr.or.id\/en\/indonesia-needs-to-overhaul-strategy-to-pursue-23-renewable-energy-mix-in-2025\">of sourcing 23%<\/a> of its energy needs from renewables by 2025.<\/p>\n<p><strong>The UAE has already established a foothold in the country\u2019s clean energy sector:<\/strong> Back in 2020, UAE state-owned renewable energy giant Masdar <a href=\"https:\/\/masdar.ae\/Masdar-Clean-Energy\/Projects\/Cirata-Floating-Solar-Photovoltaic\">signed a power purchase agreement<\/a>with Indonesia\u2019s state-owned electricity company for the 145 MW floating solar power plant the Emirati firm had developed in the South Asian country. Earlier in February, Masdar <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c0e6a33d-90d1-43dd-93ef-aa4e29a5d598\">acquired shares<\/a> in the geothermal unit of Indonesian government-owned geothermal utility Pertamina, which controls 82% of Indonesia's installed geothermal energy capacity, and manages 13 geothermal energy projects generating 1.87 GW of electricity.<\/p>\n<p><strong>Egypt\u2019s SCZone wants to partner with <\/strong><strong>the Czech Republic<\/strong><strong> on green fuels:<\/strong> The head of Egypt\u2019s Suez Canal Economic Zone Walid Gamal El Din met last week with a delegation of Czech green hydrogen developers to explore increasing Egypt\u2019s green fuel production and export capacities to the EU market, according to a cabinet <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02YXj9WeGEva5QrGUFhZovyKLopTrMFkkrem6Lhy6y55iMrA62LKJEak576eLPJCmXl\">statement<\/a> on Wednesday. The SCZone head also met with representatives from the <a href=\"https:\/\/www.hytep.cz\/en\/\">Czech Hydrogen Technology Platform<\/a> (Hytep) as part of national targets to expand green methanol, ammonia, and hydrogen generation capacities. The Czech Republic <a href=\"https:\/\/www.mpo.cz\/assets\/cz\/prumysl\/strategicke-projekty\/2021\/9\/Hydrogen-Strategy_CZ_2021-09-09.pdf\">unveiled its hydrogen strategy<\/a> in 2021, setting out a target to produce <a href=\"https:\/\/cms.law\/en\/int\/expert-guides\/cms-expert-guide-to-hydrogen\/czech-republic\">990 tonnes<\/a> of hydrogen per year by 2025 as part of national targets to become carbon neutral <a href=\"https:\/\/ceenergynews.com\/climate\/cez-pledges-to-be-carbon-neutral-by-2040\/\">by 2040<\/a>. Earlier last week, SCZone officials <a href=\"https:\/\/climate.enterprise.press\/\">similarly met with<\/a>executives from Shell to discuss potential partnership agreements to accelerate the port\u2019s green fuel storage and production capacity.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Tunisia + UK discuss renewables <\/strong><strong>cooperation<\/strong><strong>:<\/strong> Tunisia\u2019s Economy and Planning Minister Samir Said met with UK Trade Commissioner John Humphrey in Tunis on Friday to discuss potential partnerships in the Tunisian and African renewables sector, particularly capitalizing on UK green tech capabilities to support climate-focused SMEs and startups. (<a href=\"https:\/\/www.tap.info.tn\/en\/Portal-Economy\/16646590-uk-willing-to\">TAP<\/a>)<\/li>\n<li><strong>UAE + Israel talk cooperation in waste management:<\/strong> The UAE\u2019s Climate Change and Environment Minister Mariam Al Mheiri met with Israeli counterpart Idit Silman to discuss partnership opportunities in waste management as well as climate action collaboration ahead of COP28 in Dubai in December. (<a href=\"https:\/\/twitter.com\/mariammalmheiri\/status\/1705342113808838880\">Statement<\/a>)<\/li>\n<li><strong>Egypt, Jordan, Iraq look at renewables cooperation:<\/strong> The foreign ministers of Egypt, Jordan, and Iraq met in New York on Saturday to explore collaboration opportunities in renewable power and trilateral electricity interconnection. (<a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0YVDeMP16Cj4gAAHjceTDaNG6RTdnHaxVLb1Z9rmWC2sFFVcFEXEKUA8q6xqVHZE9l\">Statement<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-diplomacy\/\">CLIMATE DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/czech-republic\/\">Czech Republic<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/indonesia\/\">Indonesia<\/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\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/smart-cities\/\">smart cities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/suez-canal\/\">Suez Canal<\/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\/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=\"79692\" 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        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href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/egyptsat-auto-gets-golden-license-for-ev-manufacturing-bdc-ifc-work-on-climate-finance-framework-oman-inks-mous-on-white-hydrogen-exploration\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2759.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79693\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/egyptsat-auto-gets-golden-license-for-ev-manufacturing-bdc-ifc-work-on-climate-finance-framework-oman-inks-mous-on-white-hydrogen-exploration\/2759-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2759.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2759.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2759.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2759.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79692\" class=\"content-area-description single-story post-79692 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-banque-du-caire tag-egypt tag-egyptsat-auto tag-enterpriseclimate tag-ifc tag-oman wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>EgyptSat Auto <\/strong><strong>lands golden<\/strong><strong> license to locally manufacture EVs<\/strong>: The Egyptian Cabinet has granted a golden license to private company <a href=\"https:\/\/egyptsat-auto.com\/\">EgyptSat Auto<\/a> to build and operate a EGP 300 mn EV production plant in 10th of Ramadan City, according to a <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02Y9SyRJJDYGAt2nutDRsCNhicmcicC2LpHVJsXJJyU3WJL3HTUcW4x2fdDkLgXKNRl\">statement<\/a> on Wednesday. The 50k sqm factory is set to start producing electric passenger cars, buses, motorcycles, and charging stations by the end of 2024, and is expected to create 500 jobs, the statement read.<\/p>\n<p><strong>Golden license? <\/strong>A golden license effectively serves as one single approval covering everything from project establishment, including land allocation and building licensing, through to project operation and management. Check out our explainer on it <a href=\"https:\/\/enterprise.press\/stories\/2022\/10\/16\/enterprise-explains-golden-licenses-for-industry-84065\/\">here<\/a>.<\/p>\n<p><strong>This isn\u2019t the first we\u2019re hearing of EV incentives: <\/strong>Last year, Egyptian Prime Minister Moustafa Madbouly launched a national strategy to support the emerging industry. The <a href=\"https:\/\/enterprise.press\/stories\/2022\/03\/13\/a-first-look-at-the-long-awaited-automotive-strategy-bidding-for-new-ev-charging-company-management-this-week-66761\/\">Egyptian Automotive Industry Development Program<\/a> (AIDP) encourages EV localization with the aim of enhancing the country\u2019s existing assembly and manufacturing capabilities, and of encouraging new investment into the sector.<\/p>\n<p><strong>Egypt\u2019s state-owned <\/strong><strong>Banqe du Caire is teaming up with the International Finance<\/strong><strong> Corporation (IFC) to <\/strong><strong>develop a new climate <\/strong><strong>finance framework<\/strong>, according to an IFC <a href=\"https:\/\/pressroom.ifc.org\/all\/pages\/PressDetail.aspx?ID=27764\">statement<\/a>. The framework is designed to help protect Banque du Caire from climate risk, promote green investment options and accelerate the decarbonization of Egypt\u2019s economy. This comes in line with the Egyptian government\u2019s Nationally Determined Contributions (<a href=\"https:\/\/enterprise.press\/stories\/2022\/07\/26\/new-details-on-egypts-updated-emissions-targets-76549\/\">NDCs<\/a>), which hope to see GHG emissions reduced by 37% within the next seven years.<\/p>\n<p><strong>About the partnership:<\/strong> IFC will conduct an internal assessment of Banque du Caire\u2019s operations, which will include reviewing its portfolio of existing climate finance assets and screening its portfolio against climate risk, with the aim of transforming the lender\u2019s current finance strategy into an actionable climate-friendly workplan, the statement read.<\/p>\n<p><strong>Oman signs 2 MoUs to explore geological hydrogen<\/strong><strong>:<\/strong> Oman\u2019s Energy and Minerals Ministry signed two MoUs with Eden GeoPower and Earth Sciences Consultancy Centre to facilitate scientific discussions on conducting preliminary studies on exploring geological white hydrogen and identifying sites for conducting experimental research, <a href=\"https:\/\/twitter.com\/OmanNewsAgency\/status\/1705830045422375297\">Oman News Agency<\/a> reports. Oman is among the countries to have found deposits of <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/27911b82-c45e-4070-8a96-92df2aff2788\">geological hydrogen<\/a> this year. The gas can be found in abundance in layers of continental and oceanic crusts, geysers, and hydrothermal systems and can supply vast amounts of net zero energy.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>FAB partners with UAE\u2019s Blue Carbon to boost investments in carbon <\/strong><strong>offsetting:<\/strong> Dubai-based carbon management company <a href=\"https:\/\/bluecarbon.ae\/\">Blue Carbon<\/a> has signed an MoU with First Abu Dhabi Bank (FAB) to facilitate financing of carbon reduction initiatives including managing carbon credits. Blue Carbon currently has operations in <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a4df67b7-a00f-4308-ad50-d7fe1e3e9ea3\">Africa<\/a> and Asia. (<a href=\"https:\/\/www.linkedin.com\/posts\/first-abu-dhabi-bank_first-abu-dhabi-bank-fab-is-making-rapid-activity-7110993051631648768-yTjc?utm_source=share&utm_medium=member_desktop\">Statement<\/a>)<\/li>\n<li><strong>GV Investments to launch ready-made factories initiative in Egypt\u2019s Tarboul:<\/strong> Egyptian industrial developer GV Investments has set aside an area of 500k sqm to build ready-made industrial complexes for medium and small-sized projects in <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e2d00402-0bac-4fb4-82b9-941ce6f550e6\">Tarboul City<\/a>, the largest sustainable industrial city in Egypt. (<a href=\"https:\/\/www.zawya.com\/en\/projects\/industry\/gv-investments-to-launch-ready-made-factories-initiative-in-tarboul-city-in-egypt-h7m3g78e\">Zawya<\/a>)<\/li>\n<li><strong>UAE to increase investment in DR Congo\u2019s green energy mining:<\/strong> Abu Dhabi-based <a href=\"https:\/\/primeragroup.io\/\">Primera Group<\/a> will increase its investment in mining important green-energy minerals including copper and cobalt in DR Congo \u2014 the world\u2019s <a href=\"https:\/\/www.visualcapitalist.com\/ranked-the-worlds-top-cobalt-producing-countries\/\">biggest cobalt producer<\/a> \u2014 after starting a gold venture with the government in January. (<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-09-20\/congo-sees-expanded-uae-mining-investment-seeks-inga-partners\">Bloomberg<\/a>)<\/li>\n<li><strong>Abu Dhabi is exploring more green collaboration with France and Germany: <\/strong>A delegation from Abu Dhabi\u2019s energy department met with a number of high-ranking government officials and stakeholders in France and Germany\u2019s energy sectors to discuss green partnerships and knowledge exchange for the energy transition. (<a href=\"https:\/\/wam.ae\/en\/details\/1395303200750\">Wam<\/a>)<\/li>\n<li><strong>ENOWA trials using helicopters instead of carbon-heavy equipment:<\/strong> NEOM\u2019s water and electricity subsidiary, ENOWA, installed high-voltage transmission line towers by airlifting individual tower components using helicopters to the NEOM mountains and assembling them at the tower base, eliminating the need for carbon-intensive trucks, cranes, and heavy equipment. <a href=\"https:\/\/neom.directory\/neom-news\/enowa-adopts-helicopter-aided-method-for-construction\">(Statement)<\/a><\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/banque-du-caire\/\">Banque du Caire<\/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\/egyptsat-auto\/\">EgyptSat Auto<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ifc\/\">IFC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79694\" 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=\"79694\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/the-worlds-first-hydrogen-validation-facility-comes-online-exxonmobil-is-developing-direct-air-capture-tech-ifc-secures-usd-3-5-bn-credit-ins-policy\/\">\r\n                            The world\u2019s first hydrogen validation facility comes online + ExxonMobil is developing direct air capture tech + IFC secures USD 3.5 bn credit ins. policy                        <\/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\/25\/the-worlds-first-hydrogen-validation-facility-comes-online-exxonmobil-is-developing-direct-air-capture-tech-ifc-secures-usd-3-5-bn-credit-ins-policy\/\" 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 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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1745.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1745.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1745.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1745.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79694\" class=\"content-area-description single-story post-79694 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-carbon-storage tag-enterpriseclimate tag-exxon tag-hydrogen tag-hydropower tag-ifc tag-japan tag-kenya tag-uk 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>Mitsubishi kicks off operations on world\u2019s first hydrogen validation facility: <\/strong>Japan\u2019s Mitsubishi Heavy Industries began full-scale operations on the world\u2019s first fully fledged hydrogen certification facility, according to a company <a href=\"https:\/\/www.mhi.com\/news\/23092003.html\">statement<\/a> out on Wednesday. The validation body \u2014 named Takasago Hydrogen Park \u2014 aims to certify equipment validation of hydrogen production and power generation technologies, as well as ensure full hydrogen reliance for gas turbines. The park will also support the expansion of the hydrogen sector with the introduction of new low-carbon fuel generation technologies, the company notes. Hydrogen certification aside, the park also brought online the world\u2019s largest alkaline electrolyzer plant in Hyogo Prefecture in west central Japan, which boasts a 1.1k normal cubic meter per hour capacity (Nm3\/h), <a href=\"https:\/\/hydrogen-pro.com\/wp-content\/uploads\/2023\/02\/HydrogenPro_Q4_2022_presentation.pdf\">equivalent to 100 kg<\/a> of pure pressurized hydrogen production volume per hour. The green fuels the plant will produce will be stored at the park\u2019s 39k Nm3 hydrogen depot. The hydrogen the company produces will be verified as 100% renewables powered at Mitsubishi\u2019s T-Point combined cycle power plant facility using the company\u2019s 450 MW Power Jac gas turbine, with plans to validate hydrogen co-firing at the facility by the end of 2023, and later validating 100% of hydrogen firing of its H-25 gas turbine by next year.<\/p>\n<p><strong>More hydrogen certification facilities to come:<\/strong> Mitsubishi Power is also developing solid oxide electrolysis cells (SOEC), anion exchange membrane (AEM) water electrolyzers, and turquoise-hydrogen production tech with no carbon generation owing to methane decomposition operations that transform the gas into hydrogen and solid carbon, according to the statement. \u201cThe company plans to conduct verification and validation in these areas sequentially. After developing these fundamental technologies for products based on its proprietary technologies at the Nagasaki Carbon Neutral Park, Mitsubishi Power plans to carry out hydrogen production validation of these technologies at the Takasago Hydrogen Park with the aim of achieving commercialization,\u201d the company said.<\/p>\n<p><strong>Exxon steers toward carbon<\/strong><strong> capture and away from EV charging:<\/strong> ExxonMobil is developing direct air capture (DAC) technologies in its plans for a net-zero future, Senior VP of Exxon\u2019s Low Carbon Solutions Matthew Crocker tells <a href=\"https:\/\/www.reuters.com\/sustainability\/exxon-working-direct-air-capture-co2-stays-out-ev-charging-stations-2023-09-19\/\">Reuters<\/a>. The oil company will not invest in EV charging stations as \u201cit\u2019s not an area in which the company can bring significant competitive advantage,\u201d Crocker said. DAC \u201cwould link very closely to our [carbon capture and storage] business where we are going to have large geologic storage and the capability to capture CO2,\u201d he added. Exxon\u2019s energy transition focuses on reducing CO2 emissions, hydrogen, and biofuels rather than investing in renewables. CCS and reducing emissions account for Exxon's <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/716c75be-25e6-450c-a1cb-a595f3761253\">USD 17 bn<\/a> low-carbon business through 2022-2027. The company has been <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/5f642b2c-2654-4f8f-8014-9f86935bb17d\">working with renewables experts<\/a> like <a href=\"https:\/\/www.fuelcellenergy.com\/\">FuelCell Energy<\/a> to develop its carbon capture program.<\/p>\n<p><strong>Kenya and Britain\u2019s GBM ink agreement for construction of USD 3 bn dam:<\/strong> Kenya has signed a project development agreement with British construction firm GBM to carry out a feasibility study for the construction of a USD 3 bn dam with the potential to generate up to 1 GW of electricity, according to a National Irrigation Authority <a href=\"https:\/\/www.facebook.com\/100064416140383\/posts\/pfbid0KimrwHu7re3wz71VLqEzs5zNDPAVA55bY1wS64p4MCfjrVa7XTetsqehihffZwzsl\/?mibextid=cr9u03\">statement<\/a>. The agreement gives GBM permission to set up bases and begin preparations at the project site, and comes ahead of the signing of a final contract, as well as financial close and concession agreements. The dam will be constructed under a public-private partnership.<\/p>\n<p><strong>Project profile: <\/strong>Upon completion, the mega dam, dubbed High Grand Falls, is expected to be the second largest in Africa, with its reservoir covering over 165 sq km with a water volume of about 5.6 bn cbm to irrigate 400k acres of land, the authority said.<\/p>\n<p><strong>IFC secures USD 3.5 bn from 13 ins. providers to expand development finance<\/strong>: The International Finance Corporation (IFC) inked a USD 3.5 bn credit ins. policy with 13 global ins. companies under its Managed Co-lending Portfolio Program (MCPP), the IFC in a <a href=\"https:\/\/pressroom.ifc.org\/all\/pages\/PressDetail.aspx?ID=27768\">statement<\/a> on Thursday. The policy will help IFC increase access to finance for MSMEs, including women owned businesses as well as climate-friendly firms in emerging markets across the world.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>ADB and KEITI <\/strong><strong>to team up on low-carbon, climate-resilient tech:<\/strong> The African Development Bank (ADB) and the Korea Environmental Industry and Technology Institute (KEITTI) are dedicating USD 13 bn to support investment in low-carbon and climate-resilient technologies in a number of African countries. (<a href=\"https:\/\/www.afdb.org\/en\/news-and-events\/press-releases\/african-development-bank-and-korea-environmental-industry-and-technology-institute-keiti-sign-agreement-deploy-environmental-and-climate-resilient-technologies-africa-64450\">Statement<\/a>)<\/li>\n<li><strong>UK minister defends gov\u2019t approach to net zero:<\/strong> The UK is taking a \u201cpragmatic and proportional approach\u201d to facing climate change without impacting British citizens\u2019 income, British Interior Minister Suella Braverman said, while denying claims that the government is not fulfilling its net zero commitments. (<a href=\"https:\/\/www.theguardian.com\/politics\/2023\/sep\/20\/suella-braverman-net-zero-not-bankrupting-british-people\">The Guardian<\/a>)<\/li>\n<li><strong>US\u2019 EPA invites bids for USD 4.6 bn grants to help lower greenhouse gas<\/strong><strong> emissions:<\/strong> The US\u2019 Environmental Protection Agency (EPA) is offering USD 4.6 bn-worth of grants \u2014 funded through US President Joe Biden\u2019s Inflation Reduction Act \u2014 to governments across the country to finance climate action projects. (<a href=\"https:\/\/www.reuters.com\/sustainability\/us-environment-agency-calls-bids-46-bln-grants-cut-emissions-2023-09-21\/\">Reuters<\/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\/carbon-storage\/\">CARBON STORAGE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/exxon\/\">Exxon<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/hydrogen\/\">hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/hydropower\/\">HYDROPOWER<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ifc\/\">IFC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/japan\/\">Japan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/kenya\/\">Kenya<\/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=\"79696\" 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=\"79696\">\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\">CLIMATE IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/global-airports-are-redesigning-to-accommodate-climate-change-ethanol-is-under-question-as-a-climate-friendly-biofuel\/\">\r\n                            Global airports are redesigning to accommodate climate change + Ethanol is under question as a climate-friendly biofuel                        <\/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\/25\/global-airports-are-redesigning-to-accommodate-climate-change-ethanol-is-under-question-as-a-climate-friendly-biofuel\/\" 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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These designs include using heat-resistant materials for construction, relocating electrical equipment to rooftops, reinforcing runways, and enhancing air conditioning systems to combat climate change. In Amsterdam, Schiphol Airport has elevated and sloped its runways to ensure proper drainage during intense rainfall, while Nice Airport in France had to decrease its industrial water usage due to the limited supply of water. The number of airports vulnerable to flooding is expected to double along the North Sea coast, where the effects of sea level rise are more severe, between 2030 and 2080, according to a <a href=\"https:\/\/doi.org\/10.1016\/j.envsci.2018.05.013\">study (pdf)<\/a>.<\/p>\n<p><strong>Some MENA airports didn't get the memo yet: <\/strong>MENA is one of the world's most vulnerable regions in terms of climate due to its degraded marine and coastal ecosystems, rising summer temperatures, encroaching desertification, scarcity of freshwater, and increased air pollution<strong>, <\/strong>according to the <a href=\"https:\/\/www.worldbank.org\/en\/news\/feature\/2022\/01\/24\/driving-transformation-a-climate-roadmap-for-the-middle-east-north-africa\">World Bank<\/a>. Dubai\u2019s airport so far is resilient enough to handle its climate, as its runway is made up of combinations of asphalt that can withstand scorching temperatures, while Iraq\u2019s airport, unprepared, had to shut down airports and public buildings after being hit by a sandstorm last year.<\/p>\n<p><strong>Ethanol groups slam EPA over claims the biofuel has \u201cminimal climate <\/strong><strong>benefits\u201d: <\/strong>An advisory board to the US Environmental Protection Agency (EPA) is under fire from the ethanol and corn industries for a draft report concluding that using corn-starch ethanol as fuel has little climate benefit, <a href=\"https:\/\/www.reuters.com\/sustainability\/climate-energy\/ethanol-groups-slam-us-epa-advisors-report-fuels-minimal-climate-benefit-2023-09-21\/\">Reuters<\/a> reported on Friday. The <a href=\"https:\/\/cfpub.epa.gov\/ncea\/biofuels\/recordisplay.cfm?deid=353055\">report<\/a>, which was discussed in a public meeting by the advisory board on Thursday in Washington DC, found that there is \u201ca reasonable chance there are minimal or no climate benefits from substituting corn-ethanol for gasoline or diesel,\u201d a conclusion that has drawn criticism from industry experts.<\/p>\n<p><strong>The counter-argument<\/strong>: \u201cWe adamantly disagree,\u201d said Geoff Cooper, CEO of the Renewable Fuels Association, citing <a href=\"https:\/\/www.energy.gov\/eere\/bioenergy\/articles\/ethanol-vs-petroleum-based-fuel-carbon-emissions\">stats<\/a> by the Department of Energy\u2019s Argonne National Laboratory saying that ethanol is 44% lower in emissions than gasoline.<\/p>\n<p><strong>The report will be revised\u2026: <\/strong>The full board voted to accept the draft report pending revisions. Some suggested revisions include softening the report\u2019s language and clarifying uncertainties in the scientific literature.<\/p>\n<p><strong>\u2026but the debate remains unsettled:<\/strong> Biofuel lobbyist Chris Bliley argued that the draft comment \u201ccherry picks certain data from a few anti-ethanol critics,\u201d whereas others maintained that new studies suggest ethanol may be less climate-friendly than previously thought.<\/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\/aviation\/\">Aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/biofuels\/\">biofuels<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/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\/infrastructure\/\">infrastructure<\/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=\"79698\" 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\/25\/79698\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79698\" class=\"content-area-description single-story post-79698 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>26-27 September (Tuesday-Wednesday): <a href=\"https:\/\/gcciraqforum.com\/\">GCC-Iraq Business Forum<\/a>, Sharjah, UAE.<\/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 is 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>16-20 October (Monday-Friday): <a href=\"https:\/\/worldinvestmentforum.unctad.org\/wif-events-programme\">UNCTAD World Investment Forum<\/a>, Abu Dhabi, UAE.<\/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>17-19 October (Tuesday-Thursday): <a href=\"https:\/\/www.energyintelligenceforum.com\/\">Energy Intelligence Forum<\/a>, London, UK.<\/p>\n<p>17-20 October (Tuesday-Friday): <a href=\"https:\/\/unfccc.int\/event\/tc4\">Fourth meeting of the COP27 Transitional Committee<\/a>, Aswan, Egypt.<\/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-2 November (Tuesday-Thursday): <a href=\"https:\/\/energytransitions.live.ft.com\/\">Financial Times\u2019 Energy Transition Summit<\/a>, London, UK.<\/p>\n<p>31 October-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>7-8 November (Tuesday-Wednesday): <a href=\"https:\/\/wam.ae\/en\/details\/1395303196450\">ADIA Lab Symposium on Climate Change and Health Sciences<\/a>, Abu Dhabi, UAE.<\/p>\n<p>7-8 November (Tuesday-Wednesday): <a href=\"https:\/\/us-algeria-energy-and-investment.org\/\">The 2023 US Algeria Energy Forum<\/a>, Washington DC, USA.<\/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>4 December (Monday): <a href=\"https:\/\/abudhabisustainabilityweek.com\/en\/Media\/News\/ADSW-to-Host-Special-Edition-at-COP28\">Abu Dhabi Sustainability Week (ADSW) summit<\/a>, Dubai, UAE.<\/p>\n<p>8 December (Friday): <a href=\"https:\/\/masdar.ae\/Strategic-Platforms\/Youth-4-Sustainability\/Youth-4-Sustainability-Hub\">Youth for Sustainability Forum (Y4S)<\/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>MARCH 2024<\/strong><\/p>\n<p>4-6 March (Monday-Wednesday): <a href=\"https:\/\/dust.ncm.gov.sa\/register\/\">International Conference on Sand and Dust Storms in the Arabian Peninsula<\/a>, Riyadh, Saudi Arabia.<\/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>JUNE 2024<\/strong><\/p>\n<p>5 June (Wednesday): <a href=\"https:\/\/www.unep.org\/news-and-stories\/press-release\/saudi-arabia-host-world-environment-day-2024-focus-land-restoration\">World Environment Day<\/a>, Saudi Arabia.<\/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>12-14 February (Monday-Wednesday): <a href=\"https:\/\/www.safcongressmena.com\/\">Sustainable Aviation Futures MENA Congress<\/a>, Dubai, UAE.<\/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":79679,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-79678","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"e960f998-3c6a-4508-98a8-75427259bceb","teaser":"","photo_url":"https:\/\/ent.news\/2020\/10\/65.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CEVO + Masari-Atlantis are setting up an EV factory in Dubai - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/issues\/cevo-masari-atlantis-are-setting-up-an-ev-factory-in-dubai\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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