{"id":80515,"date":"2023-11-09T00:00:00","date_gmt":"2023-11-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=80515"},"modified":"2025-12-15T09:51:06","modified_gmt":"2025-12-15T09:51:06","slug":"acwa-masdar-socar-team-up-on-renewables-in-azerbaijan","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/acwa-masdar-socar-team-up-on-renewables-in-azerbaijan\/","title":{"rendered":"Acwa + Masdar + Socar team up on renewables in Azerbaijan"},"content":{"rendered":"<section id=\"80517\" 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=\"80517\">\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\/11\/09\/today-china-reveals-vague-methane-emission-reduction-goals-acwa-and-masdar-are-developing-500-mw-of-renewables-in-azerbaijan\/\">\r\n                            TODAY: China reveals vague methane emission reduction goals + Acwa and Masdar are developing 500 MW of renewables in Azerbaijan                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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                    <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1826.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"80518\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/09\/today-china-reveals-vague-methane-emission-reduction-goals-acwa-and-masdar-are-developing-500-mw-of-renewables-in-azerbaijan\/1826-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1826.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1826.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1826.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1826.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80517\" class=\"content-area-description single-story post-80517 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-adib tag-cop28 tag-debt-watch tag-egypt tag-enterpriseclimate tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.8fefdf76-ffd6-46b3-9c68-070a5a6c1d07.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, <\/strong><strong>ladies and gentlemen. <\/strong>We bring you another brisk but meaty issue this morning as we slide towards the weekend in our neck of the woods. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG CLIMATE STORY- <\/strong>Saudi's Acwa Power has signed an MoU with the UAE's Masdar and State Oil Company of Azerbaijan Republic (Socar) to develop 500 MW of renewable energy projects in Azerbaijan.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OVER IN COPLAND- China (kind of) reveals methane emission reduction goals ahead of <\/strong><strong>COP: <\/strong>China \u2014 the world\u2019s largest producer of methane \u2014 has pledged to better track and reduce harmful emissions from the potent global warming gas, setting the tone for what\u2019s to come at COP, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/55cc7112-9076-4cce-b1cf-95d6d3e9bc60\" style=\"\" rel=\"noopener\">Financial Times<\/a> reported, citing a government document. The statement failed to specify definitive targets or timelines for the planned emissions cuts but said it will cover all sectors from energy to agriculture and waste through to 2030. The move was \u201can opening play, rather than a final offer,\u201d a climate policy diplomat told FT, adding that it lays the groundwork for further discussions ahead of the UN climate summit launching later this month. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>China was stubborn at first: <\/strong>China is one of few countries that refused to join the global methane pact signed by more than 150 countries two years ago at the Glasgow climate summit.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>WATCH THIS SPACE #1- ADIB takes its first green sukuk to market:<\/strong> Abu Dhabi Islamic Bank (ADIB) started selling its five-year benchmark-sized USD-denominated first green sukuk at 145 basis points over US Treasuries, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/islamic-economy\/islamic-finance\/abu-dhabi-islamic-bank-starts-selling-500mln-in-green-sukuk-document-ic02p0a2\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing an arranging bank document it has seen. The lender is looking to raise USD 500 mn from the debt sale. The bank <a target=\"_blank\" href=\"https:\/\/climate.enterprise.press\/stories\/2023\/11\/07\/today-saudi-power-procurement-company-inks-ppas-for-two-solar-projects-in-the-kingdom-103129\/\" style=\"\" rel=\"noopener\">announced<\/a> on Tuesday that the issuing should follow investor meetings taking place. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We have an investment cost for the recently announced 1.1 GW solar project in KSA: <\/strong>The consortium <a target=\"_blank\" href=\"https:\/\/climate.enterprise.press\/stories\/2023\/11\/07\/saudi-power-procurement-company-inks-two-ppas-for-two-solar-farms-103131\/\" style=\"\" rel=\"noopener\">selected to develop the 1.1 GW Al Henakiyah solar PV project<\/a> under a build-own-operate agreement is investing USD 1 bn to build the plant, according to a <a target=\"_blank\" href=\"https:\/\/masdar.ae\/en\/news\/newsroom\/masdar-edf-renewables-and-nesma-renewable-energy-win-bid\" style=\"\" rel=\"noopener\">company statement<\/a>. The consortium is made up of UAE\u2019s Masdar, France\u2019s EDF Renewables, and Saudi Arabia\u2019s Nesma Company, who together signed a 25-year power purchase agreement with the Saudi Power Procurement Company to sell solar energy at a price of USD 1.68 per KWh.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WATCH THIS SPACE #2- Egypt\u2019s GASCO is ready to jump on the green hydrogen <\/strong><strong>train: <\/strong>The Egyptian Natural Gas Company (GASCO) has approved an amendment in the company\u2019s bylaws to allow the firm to start engaging in hydrogen and carbon capture-related projects, Egypt\u2019s Oil Ministry said in a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02V4GA5miVpEhhWh6mcSy4dvNxpSEPTn9FpDQi598spmmLoUWCsEGtd7VfT9K3cffYl\" style=\"\" rel=\"noopener\">statement<\/a>. The amendment expands GASCO\u2019s activities to include \u201cestablishing, manufacturing, operating, maintaining, managing, and owning\u201d projects that are necessary for the \u201cproduction, storage, transportation, distribution, selling, purchasing, exporting, and importing hydrogen.\u201d It also allows the company to engage in \u201cseparating and transporting carbon dioxide.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Natural gas companies will play an important role in building green hydrogen infrastructure as researchers are working on technologies to repurpose gas pipelines to transport hydrogen instead. <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/fff2dd4e-6da0-45f4-bca4-d5d380748811\" style=\"\" rel=\"noopener\">Tunisia<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a92327e8-bf6c-41c1-bf01-0a1230b8080c\" style=\"\" rel=\"noopener\">Algeria<\/a>, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3b5e540a-4965-437b-99b2-1678f08b9e6c\" style=\"\" rel=\"noopener\">Morocco<\/a> are currently exploring potential agreements to eventually transform existing natural gas pipelines into (green) hydrogen pipelines. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WATCH THIS SPACE #3- Egypt takes its EV production plans digital:<\/strong> Egypt\u2019s government launched an electronic platform for the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0a06d4ec-4025-490e-8842-45c8a9fe0d8a\" style=\"\" rel=\"noopener\">Egyptian Automotive Industry Development Program<\/a> (AIDP), which encourages EV localization with the aim of enhancing the country\u2019s existing assembly and manufacturing capabilities, and of encouraging new investment into the sector, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0xcvBAauF4gin3jRz1gBaSAs5qxFghzENhipTPngJLSzPR761d3S3VSFwmyfLW8cl\" style=\"\" rel=\"noopener\">cabinet statement<\/a>. The government finalized policy amendments to allow financial incentives to replace, convert, and finance the purchase of vehicles powered by clean energy. It's also ramping up a list of incentives for the production of EVs to attract manufacturers and reduce the use of fossil fuel-powered cars to allow for more EVs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>THE DANGER ZONE #1- Petrostates\u2019 plans for fossil fuel expansion will \u201cblow the <\/strong><strong>planet\u2019s carbon budget twice over,\u201d<\/strong><a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/environment\/2023\/nov\/08\/insanity-petrostates-planning-huge-expansion-of-fossil-fuels-says-un-report\" style=\"\" rel=\"noopener\">the Guardian<\/a> reports, citing the UN\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/11\/1812.pdf\" style=\"\" rel=\"noopener\">Production Gap report (pdf)<\/a>. The energy plans of the fossil fuel producers contradicted their climate pledges, and would lead to de facto increase in coal production by 460%, gas production by 83%, and oil production by 29% more above what is allowed to keep temperatures below 1.5\u00b0C. The largest carbon emitters from planned fossil fuel production are India (coal), Saudi Arabia (oil) and Russia (coal, oil, and gas), while the UAE, US, and Canada are also planning to be major oil producers, the news outlet said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE DANGER ZONE #2- The hottest year on record?<\/strong> 2023 is \u201cvirtually certain\u201d to be the warmest in 125k years, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/environment\/this-year-virtually-certain-be-warmest-125000-years-eu-scientists-say-2023-11-08\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, the EU's Copernicus Climate Change Service (C3S). October\u2019s 2019 record was broken by 0.4\u00b0C, after September 2023 also broke the temperature records by a large margin. The average surface air temperature globally in October was 1.7\u00b0C warmer than pre-industrial levels, the report adds. The heat results from greenhouse gas emissions from human activity along with weather patterns caused by <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/680f2e7e-93a5-401f-8562-ffdd0456b34b\" style=\"\" rel=\"noopener\">El Nino<\/a>. \u201cMost El Nino years are now record-breakers because the extra global warmth of El Nino adds to the steady ramp of human-caused warming,\u201d said University of Pennsylvania climate scientist Michael Mann.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE DANGER ZONE #3- Tunisia\u2019s agriculture sector will take a big hit as drought <\/strong><strong>worsens: <\/strong>Agricultural production in Tunisia is predicted to drop by 29.1% to 33.1% by 2050 due to increased water shortages brought about by climate change, according to the <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/11\/1813.pdf\" style=\"\" rel=\"noopener\">World Bank\u2019s Fall 2023 Economic Monitor of Tunisia (pdf)<\/a>. These losses would translate into a reduction in GDP by 4.1% to 4.6% by 2050, or 2% to 2.7% (USD 900 mn to USD 1.3 bn) by 2030. If today\u2019s trajectory continues, the available water per person per year could fall by 66%, leaving a 28% supply gap by 2050. The impacts are already being felt and are shrinking the country\u2019s growth, the report concludes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tunisia\u2019s prized olive yields will be impacted the most:<\/strong> Tunisia\u2019s valued olive yields \u2014 which accounted for a significant 40% of total agricultural exports in 2019 \u2014 could drop by as much as 69% by 2050. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>HELP SUPPORT GAZANS-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to support relief efforts in Gaza, but don\u2019t know how?<\/strong> We\u2019ve got you. More than a mn people in Gaza have been thrown from their homes and every human being there lacks access to food, water, and fuel amid the most intense bombardment any population has endured this century. The charities we\u2019re listing below are regional organizations working on Gaza relief that we think you can trust if you want to make a donation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Egyptian Red Crescent Society<\/strong> is one of the nation\u2019s leading providers of humanitarian and emergency medical services. The Egypt Red Crescent <a target=\"_blank\" href=\"https:\/\/press.us9.list-manage.com\/track\/click?u=3f7bc576715ca1a70edef2788&id=844b87250b&e=2a3f919c25\" style=\"\" rel=\"noopener\">accepts donations in EGP online<\/a> and is on Fawry with the service code 99981. You can also donate to the organization through this Banque du Caire account: 49\/403\/30 (EGP) or 1065\/601\/30 (USD \u2014 code: BCAIEGCX030).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The Emirates Red Crescent Authority<\/strong> has launched the Tarahum \u2014 For Gaza campaign and is <a target=\"_blank\" href=\"https:\/\/www.emiratesrc.ae\/donate\/Default_en.aspx?prm=PHEALTH\" style=\"\" rel=\"noopener\">accepting donations online<\/a> via What\u2019s App, SMS, Apple Pay, credit card, or bank transfer to ADIB (AE370500000000020000417).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3-<\/strong><strong>The King Salman Humanitarian Aid and Relief Center<\/strong> has launched the <a target=\"_blank\" href=\"https:\/\/sahem.ksrelief.org\/Gaza\" style=\"\" rel=\"noopener\">Sahem campaign<\/a> accepting donations via their website, mobile apps on Apple Store and Google Play, or bank transfer to Al Rajhi Bank (SA5580000504608018899998).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- UNICEF has been on the ground in Gaza since the start of the crisis<\/strong>, providing urgent supplies and aid. You can donate to the agency directly in your local currency using your credit card <a target=\"_blank\" href=\"https:\/\/help.unicef.org\/donate-to-children\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/help.unicef.org\/donate-to-children\" style=\"\" rel=\"noopener\">here<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- The folks at <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.talabat.com\" style=\"\" rel=\"noopener\">Talabat<\/a><\/strong><strong> are processing donations for a range of Gaza relief appeals by charities<\/strong> including the Egyptian Food Bank, Misr El Kheir and the Emirates Red Crescent Authority\u2019s Tarahum campaign. You can make the donation via the Talabat app using your credit card.<\/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\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/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 target=\"_blank\" href=\"climate\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><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 style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EXPLORE MORE OF ENTERPRISE ON THE WEB \u2014<\/strong><a target=\"_blank\" href=\"http:\/\/www.enterprise.news\" style=\"\" rel=\"noopener\">tap or click here<\/a> to read EnterpriseAM, EnterprisePM, Enterprise Logistics, and The Weekend Edition on our powerful new website packed with reader-friendly features. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Were you forwarded this email? <strong>Get your own <\/strong><strong><a target=\"_blank\" href=\"https:\/\/climate.enterprise.press\/subscribe\/\" style=\"\" rel=\"noopener\">subscription without charge here<\/a><\/strong> or reach out to us on <a target=\"_blank\" href=\"mailto:climate@enterprisemea.com\" style=\"\" rel=\"noopener\">climate@enterprisemea.com<\/a> with comments, suggestions and story tips.<br \/><strong>***<\/strong><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>CIRCLE YOUR CALENDAR- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Turkey will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/gcc-turkiye.net\/\" style=\"\" rel=\"noopener\">GCC-T\u00fcrkiye Economic Forum<\/a><\/strong><strong> from Saturday 11 November <\/strong><strong>to Monday, 13 November <\/strong>in Istanbul. The forum aims to bring together key ministers and state officials from the Gulf countries and Turkey to explore areas of potential investments and commercial ties and to establish a network for joint projects in the energy, defense, banking, retail, and transportation sectors. The event is organized by the Gulf Research Center and Turkey\u2019s International Cooperation Platform. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/mediaoffice.ae\/en\/news\/2023\/May\/07-05\/DEWA-MENA-Solar-Conference\" style=\"\" rel=\"noopener\">MENA Solar<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/mediaoffice.ae\/en\/news\/2023\/May\/07-05\/DEWA-MENA-Solar-Conference\" style=\"\" rel=\"noopener\">Conference<\/a><\/strong><strong> from Wednesday, 15 November to Saturday, 18 November <\/strong>in Dubai.The event will focus on all things photovoltaic, with a full programme on PV materials and devices, future technologies, PV reliability, and forecasting for performance assessment. The conference will also touch on how developments in system operations, concentrated solar power, and grid integration are necessary for the green transition. This will be the first scientific and technical conference specializing in solar energy systems in the region. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.icao.int\/Meetings\/CAAF3\/Pages\/default.aspx\" style=\"\" rel=\"noopener\">Aviation and Alternative Fuels conference<\/a><\/strong><strong> from Monday, 20 <\/strong><strong>November to Friday, 24 November<\/strong> in Dubai. The event will bring together senior government officials and international organizations to assess progress in the development and deployment of sustainable aviation fuels (SAFs) and lower-carbon aviation fuel (LCAF) measured according to the targets outlined in the 2050 Vision for SAF, agreed upon at the last Aviation and Alternative Fuels conference in 2017. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/twitter.com\/ADGlobalMarket\/status\/1672228350046224384\" style=\"\" rel=\"noopener\">Abu Dhabi Finance Week (ADFW)<\/a><\/strong><strong> from Monday, 27 <\/strong><strong>November to Thursday, 30 November<\/strong> in Abu Dhabi. The event will gather government officials, banks, financial institutions, and VCs to delve into today\u2019s economic, technological, and sustainability conversations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/enterprise.press\/am-edition\/#calendar\" style=\"\" rel=\"noopener\">Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/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\/adib\/\">ADIB<\/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\/debt-watch\/\">DEBT WATCH<\/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\/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=\"80519\" 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=\"80519\">\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\">WHAT WE\u2019RE TRACKING TODAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/09\/80519\/\">\r\n                                                    <\/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\/11\/09\/80519\/\" 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\/11\/09\/80519\/')\">\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\/11\/09\/80519\/\">\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=&url=https:\/\/enterpriseam.com\/climate\/2023\/11\/09\/80519\/\">\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\/11\/09\/80519\/&title=\">\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=+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F11%2F09%2F80519%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\/11\/09\/80519\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80519\" class=\"content-area-description single-story post-80519 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-enterpriseclimate tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.fd84e03f-fdfc-4d6e-a982-a04f1d26c9c3.mp3\"><\/audio><\/figure><div class='introduction'><\/div>\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\/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=\"80520\" 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=\"80520\">\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\">RENEWABLES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/09\/acwa-masdar-socar-to-develop-500-mw-of-renewables-in-azerbaijan\/\">\r\n                            Acwa, Masdar, Socar to develop 500 MW of renewables in Azerbaijan                        <\/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\/11\/09\/acwa-masdar-socar-to-develop-500-mw-of-renewables-in-azerbaijan\/\" 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\/11\/09\/acwa-masdar-socar-to-develop-500-mw-of-renewables-in-azerbaijan\/')\">\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\/11\/09\/acwa-masdar-socar-to-develop-500-mw-of-renewables-in-azerbaijan\/\">\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=Acwa, Masdar, Socar to develop 500 MW of renewables in Azerbaijan&url=https:\/\/enterpriseam.com\/climate\/2023\/11\/09\/acwa-masdar-socar-to-develop-500-mw-of-renewables-in-azerbaijan\/\">\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\/11\/09\/acwa-masdar-socar-to-develop-500-mw-of-renewables-in-azerbaijan\/&title=Acwa, Masdar, Socar to develop 500 MW of renewables in Azerbaijan\">\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=Acwa%2C+Masdar%2C+Socar+to+develop+500+MW+of+renewables+in+Azerbaijan+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F11%2F09%2Facwa-masdar-socar-to-develop-500-mw-of-renewables-in-azerbaijan%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\/11\/09\/acwa-masdar-socar-to-develop-500-mw-of-renewables-in-azerbaijan\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1827.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"80521\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/09\/acwa-masdar-socar-to-develop-500-mw-of-renewables-in-azerbaijan\/1827-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1827.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1827.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1827.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1827.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80520\" class=\"content-area-description single-story post-80520 post type-post status-publish format-standard has-post-thumbnail hentry category-renewables tag-acwa-power tag-azerbaijan tag-enterpriseclimate tag-masdar tag-renewables tag-saudi-arabia tag-socar tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.b85a2c50-5a7a-4651-af96-62e4d59f68f5.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Acwa + Masdar + Socar to partner on renewable energy in Azerbaijan:<\/strong> Saudi's Acwa Power has signed an MoU with the UAE's Masdar and State Oil Company of Azerbaijan Republic (Socar) to develop 500 MW of renewable energy projects in Azerbaijan, according to a <a target=\"_blank\" href=\"https:\/\/www.acwapower.com\/news\/acwa-power-masdar-and-socar-team-up-for-500mw-renewable-energy-projects-in-azerbaijan\/\" style=\"\" rel=\"noopener\">statement<\/a>. The statement did not specify what type of renewable energy the three companies will develop, or whether it will be one or multiple projects. No details were provided on the financials or timeline. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>\"This strategic alliance underscores our dedication to harnessing the vast potential of solar and wind energy, furthering our efforts to reduce carbon emissions, and fostering economic growth in our region,\" Socar Vice President Afgan Isayev said in the statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Acwa and Masdar have big plans for Azerbaijan:<\/strong> Acwa Power signed an agreement with Azerbaijan in February that will see the company set up <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7a867c0d-a494-4f3b-a7f2-9611b8ab29c4\" style=\"\" rel=\"noopener\">a 1.5 GW offshore wind energy project<\/a> as part of a plan to build wind farms with a combined capacity of 2.5 GW and develop the country\u2019s first battery storage systems. The company also inked an agreement with the Azerbaijan Renewables Energy Agency to develop a 200 MW onshore wind farm accompanied by battery energy and storage facilities. Masdar also signed an agreement with Socar in January to develop <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/5f6a8523-67f5-4e2b-ad8f-ba91f7c6c3c0\" style=\"\" rel=\"noopener\">renewables projects with a combined capacity of 4 GW<\/a>. It also launched operations of its Garadagh Solar Park in Azerbaijan and inked agreements for 1 GW of solar and onshore wind projects in the country.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/acwa-power\/\">ACWA Power<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/azerbaijan\/\">Azerbaijan<\/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\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/socar\/\">Socar<\/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=\"80522\" 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=\"80522\">\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\">INVESTMENT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/09\/ksa-is-eyeing-a-usd-250-mn-investment-in-chinese-ev-maker-human-horizons\/\">\r\n                            KSA is eyeing a USD 250 mn investment in Chinese EV maker Human Horizons                        <\/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\/11\/09\/ksa-is-eyeing-a-usd-250-mn-investment-in-chinese-ev-maker-human-horizons\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The agreement may be reached before the end of the year subject to the finalization of the terms, the sources said, adding that PIF may buy into the Shanghai-based firm at a USD 3 bn valuation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Human Horizons has been on the lookout for private investors:<\/strong> The Chinese EV manufacturer has been considering raising as much as USD 1 bn from private investors to bolster growth, the sources told the news outlet. The company is currently in talks with UBS Group and Morgan Stanley on a potential initial public offering.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>KSA already has a USD 5.6 bn EV partnership with Human Horizons:<\/strong> Saudi Arabia\u2019s Investment Ministry <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f3f18fe4-6578-4484-aeb6-f9f7a6e9477f\" style=\"\" rel=\"noopener\">signed a USD 5.6 bn agreement<\/a> with Human Horizons in June to develop, manufacture, and sell electric vehicles. No details regarding the location of the facility or a timeline for the launch of the electric vehicles have been announced yet.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And has recently built a few more partnerships with other EV manufacturers:<\/strong> Last month, PIF and Hyundai Motor Company <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/50af691c-55e3-4c69-a01c-d51b1d56263a\" style=\"\" rel=\"noopener\">signed a JV agreement<\/a> to establish a USD 500 mn highly automated vehicle manufacturing plant in the kingdom. PIF has also established Saudi Arabia\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/4c08f92b-a46c-4e3f-8612-fda17753e740\" style=\"\" rel=\"noopener\">first national EV brand Ceer<\/a> in partnership with Foxconn, as well as <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f001c139-291a-40f8-94a0-a23f766f2b5f\" style=\"\" rel=\"noopener\">invested in US-based Lucid Motors<\/a>. In September, Lucid announced that it <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f1a7c6c9-3230-4826-bf42-f40bb8dd47a6\" style=\"\" rel=\"noopener\">opened its first international EV plant in Saudi Arabia\u2019s KAEC<\/a> with plans to eventually produce up to 155k vehicles per year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Will the investment in Human Horizons be made through PIF\u2019s newly founded EV investment company? <\/strong>In October, PIF <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8c166d36-61f3-4cb4-8ea9-20c64c527bb7\" style=\"\" rel=\"noopener\">launched a new investment company<\/a>, <a target=\"_blank\" href=\"https:\/\/www.tasaru.com\/\" style=\"\" rel=\"noopener\">Tasaru Mobility Investments<\/a>, focused on strengthening the local supply chain for electric and autonomous vehicles. The company was set up to establish partnerships with both local and global private sector companies to improve the localization of manufacturing and increase the adoption of the latest technologies.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Human Horizons:<\/strong> Human Horizons is a Chinese developer of autonomous driving technologies and manufacturer of electric cars under the <a target=\"_blank\" href=\"https:\/\/www.hiphi.com\/about\" style=\"\" rel=\"noopener\">HiPhi<\/a> brand, which was the first domestic product to make <a target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/news-releases\/human-horizons-officially-launches-the-ultra-futuristic-digital-gt-hiphi-z-301617672.html\" style=\"\" rel=\"noopener\">top sales<\/a> for luxury electric cars in China. The company has <a target=\"_blank\" href=\"https:\/\/www.human-horizons.com\/main\/en\/global_footprint\/\" style=\"\" rel=\"noopener\">centers<\/a> in the US, Germany, and Japan. It is unclear whether the new Saudi partnership will include the manufacture of the HiPhi EV.<\/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\/china\/\">China<\/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\/human-horizons\/\">Human Horizons<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/pif\/\">PIF<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"80524 advertiser\" class=\"issue-section enterprise-adv\">\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=\"80524\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/09\/80524\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80524\" class=\"content-area-description single-story post-80524 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/weareiph.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1828.jpg?ssl=1\"><\/a><\/span><\/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=\"80525\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">       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<img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1829.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"80526\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/09\/dubais-freezone-publishes-special-edition-trade-report-on-energy-laying-out-state-of-green-transition-in-the-region\/1829-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1829.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1829.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1829.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1829.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80525\" class=\"content-area-description single-story post-80525 post type-post status-publish format-standard has-post-thumbnail hentry category-macro-picture tag-enterpriseclimate tag-green-hydrogen tag-macro-picture tag-renewables tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.268545a6-d79d-4fff-a3fa-e0c3d4a0c230.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>UAE\u2019s Dubai Multi Commodities Centre publishes special edition report on <\/strong><strong>energy:<\/strong> The UAE's largest freetrade zone \u2014 the <a target=\"_blank\" href=\"https:\/\/www.dmcc.ae\/\" style=\"\" rel=\"noopener\">Dubai Multi Commodities Centre<\/a> (DMCC) \u2014 has released a special edition of its Future of Trade <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/11\/1814.pdf\" style=\"\" rel=\"noopener\">report (pdf)<\/a>, which looks at the growing opportunities and challenges across the region\u2019s energy supply chain, including the state of the energy transition, with a focus on the UAE. The report breaks down how those developments could impact trade and global competitiveness amid uncertainty and multiple potential pathways for the direction the transition can take. The analysis was carried out by Energy Intelligence.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The likelihood of reaching global net-zero by 2040 is 4%: <\/strong>Energy Intelligence charted four main scenarios for the global energy transition and their likelihood of occurring given today\u2019s trajectory. The most likely scenario \u2014 with a 47% probability of occurrence \u2014 is an \u201caccelerated\u201d momentum towards transition, where policy makers and investors are offering mixed but growing support for faster action. The \u201cboost\u201d scenario presents a faster transition path but a lower likelihood of 30%, as it would require a self-reinforcing cycle of stronger policy incentives and corporate responses to boost technological progress and reduce costs. The most ambitious scenario for net-zero currently seems unlikely, with a 4% chance of occurring given that it would require a dramatic, rapid divergence from current market trends. The likelihood of a \u201cblowout,\u201d where progress would falter due to multiple obstacles, stands at 19%, according to the analysis. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Renewables + EVs are a key driver: <\/strong>Renewables and electric vehicles (EVs) will likely drive the energy transition the most, given their steadily declining costs and increasing national policy support, according to the study. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hydrogen is still mired with unpredictability: <\/strong>This decade, progress in low-carbon hydrogen development is expected to be primarily concentrated on projects that offer greater certainty in terms of local demand, reflecting a continued cautious and pragmatic approach to hydrogen\u2019s role in the energy transition. Using a levelized cost of hydrogen (LCOH) approach, Energy Intelligence illustrates a potential significant decline in hydrogen production costs by 2030, especially as costs of renewables generation and electrolyser technologies become more affordable. In contrast, the costs associated with blue hydrogen production \u2014 hydrogen produced with fossil fuels but integrating carbon capture and storage technologies \u2014 remain closely linked to fluctuations in natural gas prices, offering limited room for capex gains.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Gulf\u2019s potential as a competitive hydrogen exporter is high: <\/strong>\u201cA competitive edge could emerge for Gulf producers, pricing out higher cost regions and fuelling their economic incentive for international hydrogen trade based out of major trade hubs such as Dubai,\u201d the report said, adding that Europe and East Asian nations like Japan would be likely import markets. The cost considerations for trade are substantial and encompass not only production but also the intricate web of transportation and (re)conversion processes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Middle East\u2019s national oil companies focusing on carbon capture investments rather than hydrogen and renewables: <\/strong>National oil companies in the region are making only incremental investments in new renewable power capacity and green hydrogen, opting to place emphasis on expanding carbon capture and storage infrastructure and blue hydrogen instead. These companies \u2014 including the UAE\u2019s Adnoc and Saudi Aramco \u2014 attribute this approach to low demand for green hydrogen. Blue hydrogen is also more appealing to some companies due to their existing natural gas resources and infrastructure. However, \u201cthe Middle East\u2019s green hydrogen production costs are poised to occupy the lower end of the global spectrum by 2030, primarily owing to the region\u2019s access to cost-efficient renewable power sources,\u201d the report said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What can be done to securely accelerate the green transition? <\/strong>The report makes recommendations including reimagining the traditional supply chain to take into account shifting geopolitical and geoeconomic landscapes; preparing for political and regulatory volatility due to changing national policies and strategies; maintaining a predictable investment climate; and making low-carbon energy sources more accessible through the development of knowledge and production hubs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DMCC and the energy sector:<\/strong> DMCC is home to more than <a target=\"_blank\" href=\"https:\/\/www.tradearabia.com\/news\/OGN_415242.html\" style=\"\" rel=\"noopener\">3k companies operating in the energy sector<\/a>, accounting for approximately 13% of its member base, including a diverse array of leading industry players. The energy sector has become one of the largest and fastest growing segments at DMCC, recording a 15% y-o-y increase in member companies over the past five years. <\/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\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/macro-picture\/\">MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"80527\" 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=\"80527\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a 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       <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1571.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"80528\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/09\/tunisia-and-the-world-bank-discuss-reducing-climate-impact-tunisia-implements-coastal-zone-management-protocol-oman-gets-a-new-ccus-projects\/1571-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1571.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1571.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1571.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1571.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80527\" class=\"content-area-description single-story post-80527 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-enterpriseclimate tag-oman tag-tunisia tag-world-bank wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.17d47081-e401-4cef-bfd8-58bd35169217.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CLIMATE ADAPTATION-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Tunisia called for a joint program to combat the effects of climate change on <\/strong><strong>development during a meeting with a World Bank delegation<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.tap.info.tn\/en\/Portal-Economy\/16795113-gov-t-team-meets-wb\" style=\"\" rel=\"noopener\">Tunis Afrique Presse (TAP)<\/a> reports. The <a target=\"_blank\" href=\"https:\/\/www.worldbank.org\/en\/news\/press-release\/2023\/11\/06\/tunisia-s-economic-recovery-slows-down-amid-the-drought\" style=\"\" rel=\"noopener\">World Bank's Fall 2023 Economic Monitor of Tunisia<\/a> showed slowed economic recovery in Tunisia in the first half of 2023 due to the ongoing drought and external financing challenges. \u201cStrengthening competition, increasing fiscal space, and adapting to climate change are crucial actions to restore economic growth and build resilience to future economic and climatic shocks,\u201d said the World Bank's country manager for Tunisia Alexandre Arrobbio.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Tunisia has begun implementing the Protocol on Integrated Coastal Zone Management in the Mediterranean (ICZM Protocol)<\/strong> to protect coastal zones and prevent natural disasters from having major consequences, <a target=\"_blank\" href=\"https:\/\/www.tap.info.tn\/en\/Portal-Top-News-EN\/16791536-tunisia-begins\" style=\"\" rel=\"noopener\">TAP<\/a> reports. All of the country's 13 coastal zones are at risk of marine erosion, said <a target=\"_blank\" href=\"http:\/\/www.apal.nat.tn\/site_web\/creation_mission.html\" style=\"\" rel=\"noopener\">Agence de Protection et d'Am\u00e9nagement du Littoral<\/a> CEO Mehdi Belhaj. The protocol aims to ensure the sustainable development and use of coastal zones and natural resources and the preservation of coastal ecosystems.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CARBON CAPTURE-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oman is exploring more CCS projects with a consortium of local + international oil + gas <\/strong><strong>companies:<\/strong> Oman\u2019s Ministry of Energy and Minerals signed an MoU with a consortium \u2014 made up of state-owned Petroleum Development Oman (PDO), Shell Oman, OQ Gas Networks, and Occidental Petroleum (Oxy) \u2014 to conduct a joint study exploring potential projects in carbon capture and storage (CCS) in the sultanate, <a target=\"_blank\" href=\"https:\/\/twitter.com\/OmanNewsAgency\/status\/1722131150024401024\" style=\"\" rel=\"noopener\">Oman News Agency<\/a> reported. The study will look into how the carbon captured can be integrated with enhanced oil recovery (EOR) projects in Oxy Oman\u2019s oil production facilities.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We knew this was coming: <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b0736ae9-b237-4334-a3bf-8afd9ee2f2de\" style=\"\" rel=\"noopener\">PDO expressed in May<\/a> that it is embarking on a plan to utilize CCS for EOR practices, after it had already <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/oman-shell-and-pdo-collaborate-to-study-ccus-in-oman-dlakckvs\" style=\"\" rel=\"noopener\">signed an agreement<\/a> with Shell Oman to assess opportunities in the sultanate. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s EOR and what does carbon capture have to do with it?<\/strong> EOR is the practice of extracting oil from a well that has already gone through the primary and secondary stages of oil recovery. Injecting carbon into the oil extraction sites is one way that <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f3352e16-c76c-492d-b9eb-103e90ddfe96\" style=\"\" rel=\"noopener\">oil companies utilize captured carbon to further increase its oil production<\/a>. In fact, 88% of global CO2 captured is used for EOR despite climate groups criticizing it given its role in increasing fossil fuel production.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>The International Committee of the Red Cross (ICRC) and the Sharjah <\/strong><strong>Research Technology & Innovation Park (SRTIP) have partnered<\/strong> to establish the first energy and water knowledge hub in the region. The hub aims to find solutions for humanitarian challenges in the fields of energy and water. (<a target=\"_blank\" href=\"https:\/\/bitly.ws\/ZJhW\" style=\"\" rel=\"noopener\">Wam<\/a>)<\/li>\n<li><strong>Egypt + China sign agreement to increase cooperation in green and smart ports:<\/strong>Egypt\u2019s Alexandria Port Authority signed an MoU with China\u2019s Guangzhou Port Authority to increase cooperation and knowledge exchange in green and smart port concepts. (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid036rM3CVEA82iEp4cQPrZEddh5vuP5pd7g5iiNUuTmTBot676BncUtxg1tG2BT8uGul\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Adnec updates net zero strategy: <\/strong>Abu Dhabi National Exhibitions Company (Adnec) is stepping up its efforts in carbon emission reduction by setting its target date for becoming carbon neutral at 2045, which is sooner than the UAE's 2050 goal. (<a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/apjdirr-adnec-group-develops-strategy-achieve-net-zero\" style=\"\" rel=\"noopener\">Wam<\/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\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/tunisia\/\">Tunisia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/world-bank\/\">World Bank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"80529\" 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=\"80529\">\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\/11\/09\/blackrock-sinks-usd-550-mn-in-occidentals-dac-plant\/\">\r\n                            BlackRock sinks USD 550 mn in Occidental\u2019s DAC plant                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/09\/blackrock-sinks-usd-550-mn-in-occidentals-dac-plant\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1830.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1830.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1830.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80529\" class=\"content-area-description single-story post-80529 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-blackrock tag-dac tag-enterpriseclimate tag-occidental tag-us wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.1e64fc89-0050-454b-b373-6879ceb6c6da.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>BlackRock invests in Occidental's Stratos:<\/strong> New York-based investment company BlackRock is investing USD 550 mn in developing Occidental's direct air capture (DAC) Stratos plant, according to a <a target=\"_blank\" href=\"https:\/\/www.oxy.com\/news\/news-releases\/occidental-and-blackrock-form-joint-venture-to-develop-stratos-the-worlds-largest-direct-air-capture-plant\/\" style=\"\" rel=\"noopener\">statement<\/a>. \"This joint venture demonstrates that Direct Air Capture is becoming an investable technology and BlackRock\u2019s commitment in STRATOS underscores its importance and potential for the world,\" said Occidental's CEO Vicki Hollub.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Stratos is on a roll:<\/strong> Occidental announced it was selling <a target=\"_blank\" href=\"https:\/\/climate.enterprise.press\/stories\/2023\/11\/05\/china-sinks-usd-bns-into-zimbabwian-lithium-mining-and-renewables-103114\/\" style=\"\" rel=\"noopener\">27.5k tons of DAC CO2 removal credits<\/a> from Stratos to TD Bank earlier this week. Amazon also said it was purchasing 250k tons of carbon credits from Occidental\u2019s DAC plant over the next decade last September.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Shell to boost US SAF production:<\/strong> Energy giant Shell is planning to scale up production of sustainable aviation fuel (SAF) in the US, whose federal and state legislators are offering an array of tax credits to encourage SAF production. Shell intends to channel its low-carbon spending to projects like <a target=\"_blank\" href=\"https:\/\/climate.enterprise.press\/stories\/2023\/11\/06\/today-omans-mega-e-waste-recycling-facility-kicks-off-103117\/\" style=\"\" rel=\"noopener\">EVs and biofuels<\/a> to cut emissions. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/shell-boost-us-green-aviation-fuel-output-executive-2023-11-07\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<li><strong>Indonesia bags USD 1 bn from green sukuk issuance:<\/strong> Indonesia raised USD 1 bn from a 10-year green sukuk issuance offered at a 5.6% yield. The proceeds will be used to finance or refinance green and blue energy projects. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/article\/indonesia-sukuk\/indonesia-raises-2-bln-after-pricing-5-yr-10-yr-us-dollar-sukuk-at-5-4-5-6-term-sheet-idUSL4N3C911Y\" style=\"\" rel=\"noopener\">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\/blackrock\/\">BlackRock<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/dac\/\">DAC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/occidental\/\">Occidental<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/us\/\">US<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"80531\" 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\/11\/09\/80531\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-80531\" class=\"content-area-description single-story post-80531 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 style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">NOVEMBER 2023<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>9-10 November (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.irena.org\/News\/pressreleases\/2023\/Mar\/IRENA-To-Hold-First-Latin-American-Investment-Forum-in-Uruguay\" style=\"\">International Renewable Energy Agency Investment Forum<\/a><\/span><span style=\"font-weight:400;\">, Uruguay. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>9-15 November (Thursday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.intrafricantradefair.com\/\" style=\"\">Intra-African Trade Fair 2023<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11-13 November (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/gcc-turkiye.net\/\" style=\"\">GCC-T\u00fcrkiye Economic Forum<\/a><\/span><span style=\"font-weight:400;\">, Istanbul, Turkey.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-17 November (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wetex.ae\/\" style=\"\">WETEX and Dubai Solar Show,<\/a><\/span><span style=\"font-weight:400;\"> Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-18 November (Wednesday-Saturday): DEWA\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/mediaoffice.ae\/en\/news\/2023\/May\/07-05\/DEWA-MENA-Solar-Conference\" style=\"\">First MENA Solar Conference<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-24 November (Monday-Friday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wam.ae\/en\/details\/1395303172305\" style=\"\">Aviation and Alternative Fuels conference<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>27-30 November (Monday-Thursday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/twitter.com\/ADGlobalMarket\/status\/1672228350046224384\" style=\"\">Abu Dhabi Finance Week (ADFW)<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>28-29 November (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wges.ae\/\" style=\"\">World Green Economy Summit (WGES)<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>30 November - 12 December (Thursday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/unfccc.int\/\" style=\"\">Conference of the Parties (COP 28)<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">DECEMBER 2023<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4 December (Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.greeninitiatives.gov.sa\/news-and-announcements\/third-edition-of-saudi-green-initiative-forum-to-take-place-during-cop28\/\" style=\"\">Saudi Green Initiative Forum<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4 December (Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/abudhabisustainabilityweek.com\/en\/Media\/News\/ADSW-to-Host-Special-Edition-at-COP28\" style=\"\">Abu Dhabi Sustainability Week (ADSW) summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-7 December (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wam.ae\/en\/details\/1395303210320\" style=\"\">International Conference on Global Warming<\/a><\/span><span style=\"font-weight:400;\">, Ras Al Khaimah, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6-7 December (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/events.reutersevents.com\/energy-transition\/energy-mena?gad=1&gclid=CjwKCAjwp8OpBhAFEiwAG7NaEkLySAaI28xtTFfTJpxpdId4Xty5U8JBg8CGmDkjoI7AEv9U5WtmQBoCxdcQAvD_BwE\" style=\"\">Reuters\u2019 Energy Transition MENA conference<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7-8 December (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/fii-institute.org\/conference\/priority-asia-in-hong-kong\/#section-236-345\" style=\"\">Future Investment Initiative (FII) Priority<\/a><\/span><span style=\"font-weight:400;\">, Hong Kong.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8 December (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/masdar.ae\/Strategic-Platforms\/Youth-4-Sustainability\/Youth-4-Sustainability-Hub\" style=\"\">Youth for Sustainability Forum (Y4S)<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-14 December (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/ghseoman\/\" style=\"\">Green Hydrogen Summit Oman<\/a><\/span><span style=\"font-weight:400;\">, Oman Convention and Exhibition Center, Muscat, Oman.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18-20 December (Monday-Wednesday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/saudi-sg.com\/en\/\" style=\"\">Saudi Arabia Smart Grid Conference<\/a><\/span><span style=\"font-weight:400;\">, Hilton Riyadh Hotel & Residences, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JANUARY 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>9-11 January (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.futuremineralsforum.com\/\" style=\"\">Future Minerals Forum<\/a><\/span><span>, Riyadh, Saudi Arabia. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">FEBRUARY 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>26-28 February (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/conferences.uaeu.ac.ae\/warms2024\/en\/index.shtml\" style=\"\">Management and Sustainability of Water Resources<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARCH 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-6 March (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/dust.ncm.gov.sa\/register\/\" style=\"\">International Conference on Sand and Dust Storms in the Arabian Peninsula<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">APRIL 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-18 April (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldfutureenergysummit.com\/\" style=\"\">World Future Energy Summit<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23-25 April (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mena.gh2events.com\/\" style=\"\">Connecting Green Hydrogen MENA<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MAY 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19-21 May (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudienergyconvention.com\/\" style=\"\">Saudi Energy Convention<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, KSA. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JUNE 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>5 June (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.unep.org\/news-and-stories\/press-release\/saudi-arabia-host-world-environment-day-2024-focus-land-restoration\" style=\"\">World Environment Day<\/a><\/span><span style=\"font-weight:400;\">, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">OCTOBER 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10-12 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/aemobforum.com\/\" style=\"\">Autonomous E-Mobility Forum<\/a><\/span><span>, Doha, Qatar. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">DECEMBER 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>2-13 December (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.unccd.int\/news-stories\/notifications\/sixteenth-session-unccd-conference-parties-cop-16-riyadh\" style=\"\">Conference of the Parties (COP16) to the United Nation Convention to Combat Desertification<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, KSA.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">EVENTS WITH NO SET DATE<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2024 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Early 2024: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/us-algeria-energy-and-investment.org\/\" style=\"\">The 2023 US Algeria Energy Forum<\/a><\/span><span style=\"font-weight:400;\">, Washington DC, USA.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-14 February (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.safcongressmena.com\/\" style=\"\">Sustainable Aviation Futures MENA Congress<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>End-2024: Emirati <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/ar.ae\" style=\"\">Masdar<\/a><\/span><span>\u2019s 500 MW wind farm in Uzbekistan to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/13a804af-a659-4152-82b2-a3c920862f2b\" style=\"\">begin commercial operations<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.qatarenergy.qa\/en\/Pages\/Home.aspx\" style=\"\">QatarEnergy<\/a><\/span><span>\u2019s industrial cities solar power project <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/afa55bc3-dec6-4f46-b806-25518b05cda1\" style=\"\">will start electricity<\/a><\/span><span style=\"font-weight:400;\"> production. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2025 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iucn.org\/our-union\/iucn-world-conservation-congress\" style=\"\">International Union for Conservation of Nature World Conservation Congress<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>UAE to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9ec60000-0539-4d85-baf5-5beaf020a34f\" style=\"\">have over 1k<\/a><\/span><span style=\"font-weight:400;\"> EV charging stations installed. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2026 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/uitpsummit.org\/\" style=\"\">UITP Global Public Transport Summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldbank.org\/en\/news\/press-release\/2023\/04\/19\/imf-and-the-world-bank-group-to-hold-2026-annual-meetings-in-bangkok-thailand\" style=\"\">Annual Meetings of the World Bank and the International Monetary Fund<\/a><\/span><span style=\"font-weight:400;\">, Bangkok, Thailand.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1Q 2026: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.qatarenergy.qa\/en\/Pages\/Home.aspx\" style=\"\">QatarEnergy<\/a><\/span><span>\u2019s USD 1 bn blue ammonia plant <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/77469f6c-f938-4a97-8cac-3146b39b6cbe\" style=\"\">to be completed<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>End-2026: HSBC Bahrain to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a2ead528-71fb-423b-a6f8-e18b2c9897d8\" style=\"\">eliminate single-use<\/a><\/span><span style=\"font-weight:400;\"> PVC plastic cards. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2027<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>MENA\u2019s district cooling market is <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/59376411-8296-47dc-87cc-43ddc792bba4\" style=\"\">expected to reach<\/a><\/span><span style=\"font-weight:400;\"> USD 15 bn.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2030 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>UAE\u2019s Abu Dhabi Commercial Bank (ADCB) wants to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ea65a4f2-e77c-426b-8ad0-9120704954f6\" style=\"\">provide AED 35 bn<\/a><\/span><span style=\"font-weight:400;\"> in green financing. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>UAE <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a9c832ed-f423-479e-884d-90cabefe3a0b\" style=\"\">targets 14 GW<\/a><\/span><span style=\"font-weight:400;\"> in clean energy capacity.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Tunisia <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7c5659c7-cf17-4cd6-9d18-c8afb5c643fb\" style=\"\">targets 30%<\/a><\/span><span style=\"font-weight:400;\"> of renewables in its energy mix.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Qatar wants to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7881b1d2-724a-4914-ba85-0545e72901c9\" style=\"\">generate USD 17 bn<\/a><\/span><span style=\"font-weight:400;\"> from its circular economy, creating 9k-19k jobs. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Morocco\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/xlinks.co\/morocco-uk-power-project\/\" style=\"\">Xlinks<\/a><\/span><span> solar and wind energy project to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/52aefc63-82e3-42e3-8afc-960461fa5288\" style=\"\">generate 10.5 GW<\/a><\/span><span style=\"font-weight:400;\"> of energy.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2035 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Qatar to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/77469f6c-f938-4a97-8cac-3146b39b6cbe\" style=\"\">capture up to 11 mn tons<\/a><\/span><span style=\"font-weight:400;\"> of CO2 annually. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2045 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">Qatar\u2019s Public Works Authority\u2019s (Ashghal) USD 1.5 bn sewage treatment facility to reach 600k cm\/d capacity. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2050<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/Presidencedugouvernementtunisien\/posts\/pfbid02urYKuUDF91i7dtVRR3yrSFzM4p5aG1JUormqfgnbjuUMTSGzmL2DrY8Z7wyfA7vBl?locale=ar_AR\" style=\"\">Tunisia\u2019s carbon neutrality target<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2060 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Nigeria aims to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ea65a4f2-e77c-426b-8ad0-9120704954f6\" style=\"\">achieve its net-zero<\/a><\/span><span> emissions target.<\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    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