{"id":81803,"date":"2024-01-17T00:00:00","date_gmt":"2024-01-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=81803"},"modified":"2025-12-15T10:11:28","modified_gmt":"2025-12-15T10:11:28","slug":"maaden-and-glasspoint-reveal-first-phase-of-worlds-largest-solar-thermal-plant","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/maaden-and-glasspoint-reveal-first-phase-of-worlds-largest-solar-thermal-plant\/","title":{"rendered":"Ma\u2019aden and GlassPoint reveal first phase of world\u2019s largest solar thermal plant"},"content":{"rendered":"<section id=\"81805\" 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=\"81805\">\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\/2024\/01\/17\/today-maaden-glasspoint-reveal-first-phase-of-solar-thermal-plant\/\">\r\n                            TODAY: Ma\u2019aden + GlassPoint reveal first phase of solar thermal 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 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href=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/17\/today-maaden-glasspoint-reveal-first-phase-of-solar-thermal-plant\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1170.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81806\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/17\/today-maaden-glasspoint-reveal-first-phase-of-solar-thermal-plant\/1170-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1170.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1170.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1170.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1170.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81805\" class=\"content-area-description single-story post-81805 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-acwa-power tag-enterpriseclimate tag-investcorp tag-kuwait tag-morocco tag-mubadala tag-renewables tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.06e16e88-c8d5-493b-920e-9472537d4afa.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends. <\/strong>We have another brisk read for you this morning as we inch closer to the weekend.<\/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>Ma\u2019aden and US renewables developer GlassPoint have kicked off the the first phase of project development for their solar thermal energy power plant in the kingdom<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^ We have the details on this story and more in the news well, below.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- <\/strong><strong>EU\u2019s largest asset manager joins coordinated push to curb Shell <\/strong><strong>emissions<\/strong><strong>:<\/strong>Europe\u2019s largest asset manager <a target=\"_blank\" href=\"https:\/\/about.amundi.com\/\" style=\"\" rel=\"noopener\">Amundi<\/a> joined 26 other of Dutch oil giant Shell\u2019s shareholders in pushing for the company to align its 2030 investment strategy with the Paris-agreed 1.5 \u00b0C warming threshold. The move is part of coordinated efforts led by activist group Follow This \u2014 who have carried <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a543b8a9-52ae-441d-bf4a-2ed69f2b7baa\" style=\"\" rel=\"noopener\">similar actions<\/a> against France\u2019s TotalEnergies, BP, ExxonMobil, and Chevron \u2014 to pressure oil companies to accelerate their emissions cuts by 2030. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story grabbed some ink in the international press:<\/strong><a target=\"_blank\" href=\"http:\/\/v\" style=\"\" rel=\"noopener\">The Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/group-27-shell-investors-co-file-new-climate-resolution-2024-01-15\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/business\/2024\/jan\/16\/shell-faces-shareholder-rebellion-over-climate-activist-resolution\" style=\"\" rel=\"noopener\">The Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-01-15\/shell-investors-unite-with-activist-group-urging-greater-carbon-emissions-cut\" style=\"\" rel=\"noopener\">Bloomberg<\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"https:\/\/ksaform.enterprise.news\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/152.jpg?ssl=1\"><\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WATCH THIS SPACE- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a>#1- Mubadala-backed Investcorp is doubling down:<\/strong> Mubadala-backed Bahrain-based alternative asset manager <a target=\"_blank\" href=\"https:\/\/www.investcorp.com\/\" style=\"\" rel=\"noopener\">Investcorp<\/a> \u2014 which oversees a combined USD 53 bn portfolio including green projects \u2014 is planning to double its infrastructure assets over the next five years to USD 10 bn, co-CEO Hazem Bin Jassim told <a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/article\/59305\/%D8%A5%D9%86%D9%81%D8%B3%D8%AA%D9%83%D9%88%D8%B1%D8%A8-%D8%AA%D8%B3%D8%B9%D9%89-%D9%84%D9%85%D8%B6%D8%A7%D8%B9%D9%81%D8%A9-%D8%A3%D8%B5%D9%88%D9%84-%D8%A7%D9%84%D8%A8%D9%86%D9%8A%D8%A9-%D8%A7%D9%84%D8%AA%D8%AD%D8%AA%D9%8A%D8%A9-%D8%AE%D9%84%D8%A7%D9%84-5-%D8%B3%D9%86%D9%88%D8%A7%D8%AA\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a> in an interview on the sidelines of the World Economic Forum (WEF) in Davos, Switzerland. The firm \u2014 which recently <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d1b1a16d-c82e-4d87-a9d3-54ce2b934766\" style=\"\" rel=\"noopener\">publicly listed<\/a> on the ADX \u2014 was amongst several mega corporations that <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/432198fb-16e1-41a3-a21a-ce7a41387c69\" style=\"\" rel=\"noopener\">signed the WEF\u2019s joint communique<\/a> pledging net zero and near-term emission reductions last month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The breakdown:<\/strong> Investcorp is looking to channel between USD 500 mn to USD 1 bn annually in private equity, infrastructure and real estate investments. The company \u2014 which is looking to raise USD 1 bn in debt capital to fuel investments in the EU and US \u2014 is planning to earmark a total of USD 1.5 bn toward global investments. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Investcorp is taking its first steps in green sector investments:<\/strong> In December, the company <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/71017814-88a9-452e-870e-3bae48d2dd38\" style=\"\" rel=\"noopener\">launched a USD 750 mn<\/a> climate-focused investment platform \u2014 <a target=\"_blank\" href=\"https:\/\/www.investcorp.com\/investcorp-announces-launch-of-a-new-climate-solutions-investment-platform\/\" style=\"\" rel=\"noopener\">backed<\/a> by Bahrain\u2019s sovereign wealth fund \u2014 focused on developing emission-reducing tech. Investcorp also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c48059ea-5f7a-4c55-a9c0-c95c0e199a84\" style=\"\" rel=\"noopener\">acquired a controlling stake<\/a> in China\u2019s renewable energy critical components manufacturer Shandong Jianuo Electronics last May. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a><strong>ALSO FROM THE DAVOS SIDELINES- Acwa Power lays out its 2024 map:<\/strong> Saudi Arabia\u2019s Acwa Power will work on developing around 70% of the 20 GW annual green hydrogen production quota set by the kingdom\u2019s sovereign wealth fund the Public Investment Fund, company CEO Marco Arcelli told <a target=\"_blank\" href=\"https:\/\/bit.ly\/3Sn2kSY\" style=\"\" rel=\"noopener\">Bloomberg Asharq<\/a>. The company will also work on building \u201cits share in battery storage,\u201d Arcelli added, without specifying the capacity of the projects. Some unannounced projects are in their advanced stages of talks and will be finalized soon, Arcelli said, adding that one of the main goals during the coming period is to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7a867c0d-a494-4f3b-a7f2-9611b8ab29c4\" style=\"\" rel=\"noopener\">enter the Chinese market<\/a>. 60% of the company\u2019s total projects are based in Saudi Arabia, while the remaining percentage is distributed among 12 countries led by Morocco, South Africa, Uzbekistan and Indonesia. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a><strong>#2- Morocco and the World Bank will explore the feasibility of building green hydrogen <\/strong><strong>storage, ship refueling, and export-dedicated facilities across four ports<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/article\/59300\/%D8%A7%D9%84%D9%85%D8%BA%D8%B1%D8%A8-%D9%8A%D8%AF%D8%B1%D8%B3-%D8%AA%D8%AE%D8%B2%D9%8A%D9%86-%D8%A7%D9%84%D9%87%D9%8A%D8%AF%D8%B1%D9%88%D8%AC%D9%8A%D9%86-%D8%A7%D9%84%D8%A3%D8%AE%D8%B6%D8%B1-%D9%81%D9%8A-%D8%A7%D9%84%D9%85%D9%88%D8%A7%D9%86%D8%A6\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a> reported, citing Moroccan Equipment, Transport, Logistics and Water Minister Nizar Baraka. Details on a targeted timeline on completion were not disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know:<\/strong> The Jorf Lasfar, Mohammedia, Tanger-Med, and Tan-Tan ports are under consideration within the feasibility study. The study is primarily aimed at assessing the technical and economic potential for green fuel production at Moroccan ports in a bid to help decarbonize the shipping sector, which <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/af694b56-1416-4787-920f-4b3a31c7a210\" style=\"\" rel=\"noopener\">accounts for 2.9%<\/a> of global greenhouse gas emissions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Morocco is looking to establish green corridors with the EU:<\/strong> Earlier this month Italy <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/bf85e495-a9bc-408a-b618-6a63aa63ef0d\" style=\"\" rel=\"noopener\">approved financing of a study<\/a> on a planned green hydrogen corridor extending from Morocco, to the port of Trieste in Italy, and then extending to Central and Eastern Europe. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Earlier in June, Italy and Morocco said they are <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en?storyId=4f2e1dd9-79af-44a5-89cd-1b37b5fe288c\" style=\"\" rel=\"noopener\">partnering<\/a> together with Spain on a green fuels transport corridor which is planned to go through the entire EU region. Last year, the European Hydrogen Backbone initiative <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/bf85e495-a9bc-408a-b618-6a63aa63ef0d\" style=\"\" rel=\"noopener\">submitted<\/a> an updated version of its vision for the infrastructure map where hydrogen is set to be transported on the project.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt4\"><\/a>#3- Kuwait is speeding up its renewables roll out:<\/strong> Kuwait needs more solar plants to prevent an ongoing electricity shortage crisis, unnamed official sources told <a target=\"_blank\" href=\"https:\/\/bitly.ws\/39WAv\" style=\"\" rel=\"noopener\">AlQabas<\/a>. The country\u2019s plans include constructing an undisclosed capacity of solar plants within 2 years, building 500 MW of battery storage, and securing agreements for 900 MW of floating wind projects within 3 months. The shortage can see Kuwait face a 1 GW power deficit this summer which is expected to increase to 2 GW in 2025 and 2.5 GW in 2026. The sources also attributed the delay in implementing power projects to the Kuwait Authority for Partnership Projects's refusal to grant the Electricity Ministry permission to target foreign investors. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DATA POINT-<\/strong> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emirati sukuk issuances made up 40% of total sustainable sukuk issuances <\/strong><strong>worldwide in 2023<\/strong>, with <a target=\"_blank\" href=\"https:\/\/www.arabnews.com\/node\/2423976\/amp\" style=\"\" rel=\"noopener\">AED 15.45 bn green and sustainable sukuk issuances<\/a> in the first 11 months of the year, according to S&amp;P Global\u2019s <a target=\"_blank\" href=\"https:\/\/www.spglobal.com\/ratings\/en\/research\/articles\/240115-sukuk-outlook-2024-cautiously-optimistic-12964886\" style=\"\" rel=\"noopener\">sukuk outlook 2024 report<\/a>. S&amp;P attributed the UAE\u2019s market contribution to the hosting of COP28 in November, and the Securities and Commodities Authority\u2019s (SCA) <a target=\"_blank\" href=\"https:\/\/www.sca.gov.ae\/en\/media-center\/news\/11\/12\/2023\/green-bonds-and-sukuk-issuances-in-uae-reach-aed15-billion-sca.aspx#:~:text=The%20SCA's%20decision%20to%20exempt,of%20these%20Sukuk%20and%20bonds.%22\" style=\"\" rel=\"noopener\">decision<\/a> to waive registration fees from sustainable bonds. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DANGER ZONE-<\/strong> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia is responsible for half of the world\u2019s food waste: <\/strong>Saudi Arabia accounts for 50% of global food waste, <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/world\/gulf\/saudi\/saudi-arabia-accounts-for-50-of-global-food-waste-united-nations-data-shows-1.100413238\" style=\"\" rel=\"noopener\">Gulf News<\/a> reports, citing Chef Layla Fathalla, a United Nations Environment Programme advocate for reducing food waste. Fathalla revealed that the world produces 1.3 bn tons of food waste per year, with KSA being the top offender. With the rate of food waste surpassing 33%, it costs the kingdom about SR 40 bn annually to keep up, Saudi Minister of Environment, Water, and Agriculture (Mewa) Abdul Rahman Al Fadhli said, according to Gulf News. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- KSA is trying to tackle the issue:<\/strong>Mewa recently announced its intention to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c407399b-fa99-418e-8736-2dd4814becee\" style=\"\" rel=\"noopener\">recycle up to 95% of its waste<\/a> compared to its current rate of 3-4% \u2014 one of the lowest in the world. The new targets will see the ministry recycling c. 100 mn tons of waste annually and is forecast to add SAR 120 bn to the GDP, according to the ministry. The operational timeline and allocated budget were not disclosed. <\/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 9am Cairo \/ 10am Riyadh \/ 11am 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 Climate, 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.news\/climate\/en\/user\/NewsLetters\" 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>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/conferences.uaeu.ac.ae\/warms2024\/en\/index.shtml\" style=\"\" rel=\"noopener\">Management and Sustainability of Water Resources<\/a><\/strong><strong> Conference <\/strong><strong>from Monday, 26 February to Wednesday 28 February<\/strong> in Dubai. Water availability in arid and semiarid regions, global water issues, and future water and environmental challenges are all on the agenda.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/dust.ncm.gov.sa\/register\/\" style=\"\" rel=\"noopener\">International Conference on Sand and Dust Storms in the<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/dust.ncm.gov.sa\/register\/\" style=\"\" rel=\"noopener\">Arabian Peninsula<\/a><\/strong><strong> from Monday, 4 March to Wednesday, 6 March <\/strong>in Riyadh. The conference will address regional challenges caused by sand and dust storms and discuss monitoring systems, mitigation strategies, economic and infrastructural impacts, and more. <\/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.news\" 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\/acwa-power\/\">ACWA Power<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/investcorp\/\">Investcorp<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/kuwait\/\">Kuwait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/mubadala\/\">Mubadala<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81807\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n      <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n        <span class=\"has-primary-color stk-highlight\"> This publication is proudly sponsored by<\/span>\r\n    <\/h4>\r\n\r\n    <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide mx-auto\">\r\n        <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/25497.png?ssl=1\">\r\n        <div class=\"overlay\"><\/div>\r\n        <div class=\"content\">\r\n            <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/25398.svg\" alt=\"\">\r\n            <\/a>\r\n            <span>Opening up a world of opportunity<\/span>\r\n        <\/div>\r\n    <\/div>\r\n\r\n      <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81808\" 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=\"81808\">\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\">SOLAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/17\/maaden-and-glasspoint-reveal-first-phase-of-worlds-largest-solar-thermal-plant\/\">\r\n                            Ma\u2019aden and GlassPoint reveal first phase of world\u2019s largest solar thermal 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\/2024\/01\/17\/maaden-and-glasspoint-reveal-first-phase-of-worlds-largest-solar-thermal-plant\/\" target=\"_blank\">\n                    Open in new tab                    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            <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1358.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81809\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/17\/maaden-and-glasspoint-reveal-first-phase-of-worlds-largest-solar-thermal-plant\/1358-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1358.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1358.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1358.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1358.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81808\" class=\"content-area-description single-story post-81808 post type-post status-publish format-standard has-post-thumbnail hentry category-solar tag-enterpriseclimate tag-maaden tag-renewables tag-saudi-arabia tag-solar tag-solar-energy 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\/2024\/1\/.ce35a2d0-3fd1-428b-8db1-e4fda2121677.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ma\u2019aden and GlassPoint reveal first phase of world\u2019s largest solar thermal <\/strong><strong>plant<\/strong><strong>: <\/strong>Saudi state-owned mining company Ma\u2019aden and American renewables developer <a target=\"_blank\" href=\"https:\/\/www.glasspoint.com\/\" style=\"\" rel=\"noopener\">GlassPoint<\/a> have revealed the plans for the first phase of project development for their solar thermal energy (STE) power plant in KSA\u2019s Ras Al Khair, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/projects\/industry\/maaden-and-glasspoint-announce-phase-1-of-the-worlds-largest-industrial-solar-thermal-project-in-saudi-arabia-nrkq3iin\" style=\"\" rel=\"noopener\">Zawya<\/a> reports, citing a statement. An agreement was <a target=\"_blank\" href=\"https:\/\/www.glasspoint.com\/maaden-press-release\" style=\"\" rel=\"noopener\">inked in 2022<\/a>, and the companies expect to <a target=\"_blank\" href=\"https:\/\/www.glasspoint.com\/projects\/maaden-solar\" style=\"\" rel=\"noopener\">break ground<\/a> on the project this year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong>STE converts radiant solar energy into heat to be repurposed for power generation, according to research published in <a target=\"_blank\" href=\"https:\/\/www.sciencedirect.com\/topics\/engineering\/solar-thermal-energy\" style=\"\" rel=\"noopener\">Science Direct<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The first stage of the project \u2014 which aims to decarbonize Ma\u2019aden\u2019s aluminum supply chain \u2014 will leverage GlassPoint\u2019s patented <a target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/news-releases\/glasspoint-unveils-technology-advancements-reducing-solar-steam-costs-by-30-302014787.html\" style=\"\" rel=\"noopener\">Unify storage system<\/a>, combining direct heat and ternary molten salts to provide 9 tons of continuous base load steam per hour to Ma\u2019aden\u2019s Alumina refinery at Ras al Khair, the statement notes. The initial phase is expected to yield some 12 mn British thermal units of natural gas savings annually, offsetting some 600k tons of carbon emissions per annum, according to the company. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Part of a much wider venture: <\/strong>Once fully operational, the project \u2013 named <a target=\"_blank\" href=\"https:\/\/www.glasspoint.com\/projects\/maaden-solar\" style=\"\" rel=\"noopener\">Ma\u2019aden Solar 1<\/a> \u2014 will span a seven km2 area, six of which will be allocated to solar developments, yielding overall a 1.5 GWth capacity. The project is set to mitigate 10% of Ma\u2019aden\u2019s annual emissions \u2013 the equivalent of taking nearly 130k cars off the road. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More decarbonization moves from Ma\u2019aden<\/strong><strong>: <\/strong>The company recently signed an agreement with the Saudi Investment Recycling Company to expand its aluminum repurposing capacity in a bid to meet its environmental and decarbonization targets, the company <a target=\"_blank\" href=\"https:\/\/twitter.com\/MaadenKSA\/status\/1747262159455957306\" style=\"\" rel=\"noopener\">said<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not GlassPoint\u2019s first MENA foray: <\/strong>Back in October, GlassPoint <a target=\"_blank\" href=\"https:\/\/www.glasspoint.com\/press-release-glasspoint-partners-with-misa\" style=\"\" rel=\"noopener\">signed an agreement<\/a> with KSA\u2019s Investment Ministry to build a solar manufacturing facility in the Eastern Province aimed at producing 5k tons of solar steam daily and offsetting 200k tons of carbon emissions annually. <\/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\/maaden\/\">Maaden<\/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\/solar\/\">SOLAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81810\" 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=\"81810\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/17\/general-atlantic-is-buying-actis-the-backer-of-yellow-door-and-emicool\/\">\r\n                            General Atlantic is buying Actis, the backer of Yellow Door and Emicool                        <\/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\/2024\/01\/17\/general-atlantic-is-buying-actis-the-backer-of-yellow-door-and-emicool\/\" 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 move will add USD 12.5 bn worth of assets to General Atlantic\u2019s USD 83 bn portfolio to form what will now be its sustainable infrastructure arm. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Actis has stakes in a couple of Emirati firms: <\/strong>The PE firm <a target=\"_blank\" href=\"https:\/\/www.act.is\/2022\/07\/29\/actis-agrees-to-acquire-a-controlling-stake-in-leading-mea-commercial-and-industrial-renewables-platform-yellow-door-energy\/\" style=\"\" rel=\"noopener\">bought<\/a> a controlling stake in local renewable energy developer Yellow Door Energy, and a 50% stake in district cooling company <a target=\"_blank\" href=\"https:\/\/www.act.is\/about-us\/portfolio\/emicool\/\" style=\"\" rel=\"noopener\">Emicool<\/a>, in 2022. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said:<\/strong> \u201cAddressing the global paradigm shift toward sustainability requires an economic transformation and a capital investment on a massive scale,\u201d said Bill Ford, General Atlantic chairman and CEO. \u201cWith the addition of Actis, we are taking a significant step forward to add a sustainable investment capability which positions General Atlantic to capture this [potential] set for our investors.\u201d<\/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\/actis\/\">Actis<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/asset-management\/\">asset management<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/emicool\/\">Emicool<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/general-atlantic\/\">General Atlantic<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/sustainability\/\">sustainability<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/yellow-door\/\">Yellow door<\/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=\"81811 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=\"81811\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/17\/81811\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81811\" class=\"content-area-description single-story post-81811 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\/enterprise.press\/wp-content\/uploads\/2023\/05\/infinity-enterprise1600px-scaled.jpg\"><\/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=\"81812\" 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=\"81812\">\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\">MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/17\/world-economic-forum-publishes-report-on-preparedness-for-transformational-trends-in-the-global-economy\/\">\r\n                            World Economic Forum publishes report on preparedness for transformational trends in the global economy                        <\/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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data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/17\/world-economic-forum-publishes-report-on-preparedness-for-transformational-trends-in-the-global-economy\/1092-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1092.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1092.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1092.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1092.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81812\" class=\"content-area-description single-story post-81812 post type-post status-publish format-standard has-post-thumbnail hentry category-macro-picture tag-enterpriseclimate tag-green-economy tag-macro-picture tag-uae tag-world-economic-forum 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\/2024\/1\/.af557362-cc30-4bae-921e-0e7da601f580.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEF <\/strong><strong>releases Future Possibilities Report: <\/strong><a target=\"_blank\" href=\"https:\/\/www.newsweek.com\/topic\/vantage\" style=\"\" rel=\"noopener\">Newsweek Vantage<\/a> and the Swiss <a target=\"_blank\" href=\"https:\/\/www.horizon-group.ch\/\" style=\"\" rel=\"noopener\">Horizon Group<\/a> released the first <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/1\/1091.pdf\" style=\"\" rel=\"noopener\">Future Possibilities Index (FPI) report (pdf)<\/a> at the World Economic Forum (WEF) meeting in Davos, <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/b15x9lk-newsweek-releases-results-1st-future-possibilities\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The report identifies six global transformational trends \u2014 representing current shifts in society, nature, or technology that are predicted to bring new economic avenues in the next 5-10 years \u2014 and ranks countries around the world on how well they can leverage each trend. The country\u2019s are evaluated based on the effectiveness of their government policies and industries in driving the growth of the identified trending economies.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The green economy is trending: <\/strong>Three of the trending sectors identified in the report \u2014 the net zero economy, the circular economy, and the biogrowth economy \u2014 are estimated to reach a global market value of USD 4 tn, USD 4.5 tn, and USD 1.7 tn by 2030, respectively. The net zero category is evaluated based on green practices, carbon neutrality, and environmental sustainability, the circular economy focuses on recycling, waste management, and resource efficiency, while the biogrowth economy includes the use of natural resources for green agricultural and industrial practices, biomaterials and refinery, and synthetic biology. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE <\/strong><strong>comes on top regionally:<\/strong> The UAE came first in the region in several of the indices. The country was rated 8th globally in government strategy on the <a target=\"_blank\" href=\"https:\/\/u.ae\/en\/about-the-uae\/strategies-initiatives-and-awards\/policies\/economy\/uae-circular-economy-policy\" style=\"\" rel=\"noopener\">circular economy<\/a> trend, 9th in biogrowth economy, and 19th in government strategy on the net zero economy trend. The UAE's lead comes due to its progress in the net zero economy, where its government strategy ranked 12th as the country made strides in increasing its energy capacity, and investments in research and development for green hydrogen, solar, and nuclear energy, the report outlined.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How <\/strong><strong>is the rest of our region faring?<\/strong> The MENA region is lagging behind others in circular economy, biogrowth economy, and the net zero economy, the report concludes. The overall future possibilities score ranked UAE 23rd in the world, Saudi Arabia 36th, Egypt 52nd, Bahrain 53rd, Oman 54th, Jordan and Kuwait 56th and 59th, and Morocco and Tunisia 60th and 62nd, respectively. Middle-income countries have a better average performance in the biogrowth sector compared to others due to a focus on tech innovation in agriculture, the report adds.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Nordic countries are leading the pack: <\/strong>In the net zero economy, Denmark ranked first with other Nordic countries in the top five due to changes in their climate policies and commitments to carbon neutrality. The UK came first in the circular economy, although the report highlights there are no \u201cclear leaders and laggards\u201d globally as few governments have set binding policies to support it. The biogrowth economy saw Germany in the lead, which the report links to patent innovations in the sector. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Skilled labor<\/strong><strong> for the new economies is needed: <\/strong>The transformational trends will have an impact on sectors' talent demand. The growth of the net zero economy will see strong talent demand rise, specifically in energy and utilities. The circular economy sector will require talent in information and communication technologies, while the biogrowth economy will boost demand for workers in the energy and utilities, advanced material, and biotechnology sectors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And nature-based solutions are in demand:<\/strong> The report emphasized the importance of nature-based solutions in encouraging green urban infrastructure, fighting climate impact in cities, and reaching 2030 net zero goals. The report outlines some examples of nature based solutions including reforestation and sustainable farming practices such as <a target=\"_blank\" href=\"https:\/\/www.fao.org\/forestry\/agroforestry\/80338\/en\/\" style=\"\" rel=\"noopener\">agroforestry<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Developing countries' emissions in focus at Davos:<\/strong> One of the main critical areas for global cooperation is addressing future emissions which are expected to emanate from developing countries, <a target=\"_blank\" href=\"https:\/\/bitly.ws\/39VWd\" style=\"\" rel=\"noopener\">Asharq Business<\/a> writes, citing a report by WEF experts. More private capital is needed alongside ensuring investments include adaptation strategies in the Global South to tackle their expected emissions, the news outlet added. Multilateral development banks and the start-up sector also need to be more climate-oriented and adopt green energy strategies focused on channeling investments from the developed world.<\/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-economy\/\">Green Economy<\/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\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/world-economic-forum\/\">World Economic Forum<\/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=\"81814\" 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=\"81814\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">MOVES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/17\/dalya-al-muthanna-appointed-managing-director-ceo-of-alstoms-gulf-operations\/\">\r\n                            Dalya Al Muthanna appointed Managing Director + CEO of Alstom\u2019s Gulf operations                        <\/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\/2024\/01\/17\/dalya-al-muthanna-appointed-managing-director-ceo-of-alstoms-gulf-operations\/\" 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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Al Muthanna will spearhead operations in the UAE, Qatar, Oman, Kuwait, and Bahrain and work to localize the company\u2019s presence in the Middle East. She previously held multiple positions at General Electric (GE), including president in the UAE, chief of strategy & operations for GE International Markets, and president & CEO for GE in the Gulf region. Al Muthanna has a Ph.D. from Imperial College London and an MBA from the American University in Dubai.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Al Muthanna will lead Alstom\u2019s green plans:<\/strong> \u201cHer [Al Muthanna\u2019s] role is crucial as we align with each country's drive towards net-zero carbon emissions \u2026 particularly in areas of infrastructure enhancement, digital optimization, and innovative sustainable mobility solutions,\u201d Alstom\u2019s Head of Africa, Middle East and Central Asia Region Andrew DeLeone said in the statement. Alstom is currently working on a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c26978c6-ffee-4475-8ba1-18521f87a113\" style=\"\" rel=\"noopener\">hydrogen train network<\/a> in Saudi Arabia after it recently <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0c20da3f-dc11-4fe1-b0aa-5a6394056800\" style=\"\" rel=\"noopener\">opened a regional office<\/a>. The company is also working on Egypt\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8e508f83-608d-4714-adbd-7ebd3c906e9a\" style=\"\" rel=\"noopener\">electric monorail<\/a> project. <\/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\/alstom\/\">Alstom<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/gcc\/\">GCC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/moves\/\">MOVES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81816\" 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=\"81816\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/17\/updates-on-evs-and-smart-cities-from-the-uae-and-saudi-arabia\/\">\r\n                            Updates on EVs and smart cities from the UAE and Saudi Arabia                        <\/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\/2024\/01\/17\/updates-on-evs-and-smart-cities-from-the-uae-and-saudi-arabia\/\" 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\/2024\/01\/17\/updates-on-evs-and-smart-cities-from-the-uae-and-saudi-arabia\/')\">\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\/2024\/01\/17\/updates-on-evs-and-smart-cities-from-the-uae-and-saudi-arabia\/\">\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=Updates on EVs and smart cities from the UAE and Saudi Arabia&url=https:\/\/enterpriseam.com\/climate\/2024\/01\/17\/updates-on-evs-and-smart-cities-from-the-uae-and-saudi-arabia\/\">\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\/2024\/01\/17\/updates-on-evs-and-smart-cities-from-the-uae-and-saudi-arabia\/&title=Updates on EVs and smart cities from the UAE and Saudi Arabia\">\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=Updates+on+EVs+and+smart+cities+from+the+UAE+and+Saudi+Arabia+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F01%2F17%2Fupdates-on-evs-and-smart-cities-from-the-uae-and-saudi-arabia%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\/2024\/01\/17\/updates-on-evs-and-smart-cities-from-the-uae-and-saudi-arabia\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1335.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81817\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/17\/updates-on-evs-and-smart-cities-from-the-uae-and-saudi-arabia\/1335-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1335.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1335.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1335.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1335.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81816\" class=\"content-area-description single-story post-81816 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-enterpriseclimate tag-evs tag-saudi-arabia 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\/2024\/1\/.b8991e11-4063-4843-bc6f-eb9ab16aedbf.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">!_StoryHed_!<strong>GREEN CITIES-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE\u2019s Presight partners with Hitachi on smart city solutions: <\/strong>ADX-listed regional AI Giant <a target=\"_blank\" href=\"https:\/\/www.presight.ai\/\" style=\"\" rel=\"noopener\">Presight<\/a> has inked an MoU with <a target=\"_blank\" href=\"https:\/\/hitachids.com\/\" style=\"\" rel=\"noopener\">Hitachi Digital Services<\/a>, the data solutions and services arm of Hitachi Ltd, to explore cooperation on environmental and energy efficiency solutions in smart and cognitive city technology, <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/b15x9cu-presight-hitachi-digital-services-sign-mou-explore\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The two companies will collaborate in several areas including integrating AI into smart city technologies.<\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-left-style:solid;orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong>REFRESHER- Presight previously signed MoUs to implement AI-enabled monitoring systems:<\/strong> Presight has signed agreements with <a target=\"_blank\" href=\"https:\/\/www.nec.com\/\" style=\"\" rel=\"noopener\">Japan's NEC<\/a> and DeepTech Engineering to implement their <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/56d7f8c9-cf7d-4600-8c74-f371977576d4\" style=\"\" rel=\"noopener\">monitoring and detection tech<\/a> into Presight's Emergency Response Management Platform back in October.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">!_StoryHed_!<strong>ELECTRIC VEHICLES-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EVIQ <\/strong><strong>starts fast charging operations in KSA:<\/strong> Saudi's Electric Vehicle Infrastructure Company (EVIQ) has opened its first fast EV charging stations in Riyadh, <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2029529\" style=\"\" rel=\"noopener\">SPA<\/a> reports. The 100 kW two-charger service can charge up to four vehicles simultaneously. The company aims to set up over <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8df21e1f-68d1-49b9-984a-fe59b6538d99\" style=\"\" rel=\"noopener\">5k fast chargers<\/a> in over 1k locations in cities across KSA and unrolled the kingdom\u2019s first <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/857cfc67-0e85-4ad4-baf8-448aaf88c4f3\" style=\"\" rel=\"noopener\">testing and software center for EVs<\/a>. EVIQ also signed an agreement with Roshn last week to set up <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c407399b-fa99-418e-8736-2dd4814becee\" style=\"\" rel=\"noopener\">EV charging stations<\/a> across its properties in the country.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">GREENINDUSTRY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Heidelberg Materials installs waste heat recovery system at Egypt plant:<\/strong> German cement manufacturer <a target=\"_blank\" href=\"https:\/\/www.heidelbergmaterials.com\/en\/egypt\" style=\"\" rel=\"noopener\">Heidelberg Materials<\/a> has invested USD 30 mn to set up a waste heat recovery system at its factory in Helwan, Egypt, the German Embassy in Cairo <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/german.embassy.cairo\/posts\/pfbid0JosWyWSdNedgjEXq92ufY84EbJfQdJYTkMqqVfJ2HsLhAHnP9aCAUgQ4iiRG1akzl\" style=\"\" rel=\"noopener\">said<\/a>. The new system will supply 30% of the factory\u2019s electricity needs, <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2024\/01\/16\/1756612\" style=\"\" rel=\"noopener\">Al Borsa<\/a> reported.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">!_StoryHed_!<strong>CARBON MANAGEMENT-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Green Economy Partnership sets up new headquarters in Doha:<\/strong> The <a target=\"_blank\" href=\"https:\/\/greeneconomy.ae\/about-us.html\" style=\"\" rel=\"noopener\">Green Economy<\/a><a target=\"_blank\" href=\"https:\/\/greeneconomy.ae\/about-us.html\" style=\"\" rel=\"noopener\">Partnership<\/a> (GEP), a carbon credit management initiative previously based in Dubai, is moving its headquarters to Doha, Qatar, <a target=\"_blank\" href=\"https:\/\/tradearabia.com\/news\/HEAL_417771.html\" style=\"\" rel=\"noopener\">Trade Arabia<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About GEP:<\/strong> The GEP aims to achieve net zero goals through decarbonization and reforestation projects, according to its <a target=\"_blank\" href=\"https:\/\/greeneconomy.ae\/about-us.html\" style=\"\" rel=\"noopener\">website<\/a>. It identifies and provides certification to carbon removal suppliers across different industries and also offers consulting services.<\/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>Qatar\u2019s self-driving electric bus completes trial run:<\/strong> Qatar\u2019s Mowasalat (Karwa) and Chinese EV bus manufacturer Yutong have completed trial operations for a new autonomous electric bus, which departed from the Lusail bus terminal with passengers onboard. (<a target=\"_blank\" href=\"https:\/\/marsalqatar.qa\/post\/46755\/%D9%83%D8%B1%D9%88%D9%87-%D8%AA%D8%B9%D9%84%D9%86-%D8%AA%D8%AC%D8%B1%D8%A8%D8%A9-%D8%AA%D8%B4%D8%BA%D9%8A%D9%84-%D9%82%D9%8A%D8%A7%D8%B3%D9%8A%D8%A9-%D9%84\" style=\"\" rel=\"noopener\">Marsal Qatar<\/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\/evs\/\">EVs<\/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\/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=\"81818\" 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=\"81818\">\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\/2024\/01\/17\/northvolt-acquires-europes-highest-green-loan-at-usd-5-bn\/\">\r\n                            Northvolt acquires Europe\u2019s highest green loan at USD 5 bn                        <\/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\/2024\/01\/17\/northvolt-acquires-europes-highest-green-loan-at-usd-5-bn\/\" 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\/2024\/01\/17\/northvolt-acquires-europes-highest-green-loan-at-usd-5-bn\/')\">\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\/2024\/01\/17\/northvolt-acquires-europes-highest-green-loan-at-usd-5-bn\/\">\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=Northvolt acquires Europe\u2019s highest green loan at USD 5 bn&url=https:\/\/enterpriseam.com\/climate\/2024\/01\/17\/northvolt-acquires-europes-highest-green-loan-at-usd-5-bn\/\">\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\/2024\/01\/17\/northvolt-acquires-europes-highest-green-loan-at-usd-5-bn\/&title=Northvolt acquires Europe\u2019s highest green loan at USD 5 bn\">\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=Northvolt+acquires+Europe%E2%80%99s+highest+green+loan+at+USD+5+bn+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F01%2F17%2Fnorthvolt-acquires-europes-highest-green-loan-at-usd-5-bn%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\/2024\/01\/17\/northvolt-acquires-europes-highest-green-loan-at-usd-5-bn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1338.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81819\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/17\/northvolt-acquires-europes-highest-green-loan-at-usd-5-bn\/1338-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1338.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1338.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1338.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1338.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81818\" class=\"content-area-description single-story post-81818 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-enterpriseclimate tag-green-loan tag-northvolt 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\/2024\/1\/.b12bc08e-e751-437e-96df-03275ab295d4.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Northvolt expands battery factories:<\/strong> Swedish electric battery maker Northvolt has secured USD 5 bn \u2014 Europe\u2019s largest green loan \u2014 to fund a factory expansion in Sweden, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/sustainable-finance-reporting\/swedens-northvolt-raises-5-bln-green-loan-expand-battery-factories-2024-01-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. This latest financing brings the company\u2019s total debt and equity financing up to over USD 13 bn, which will fuel expansion plans in Sweden, Poland, Germany, the United States, and Canada. The debt \u2014 including the refinancing of a USD 1.6 bn package from 2020 \u2014 is provided by a consortium of 23 commercial banks, along with the European Investment Bank and the Nordic Investment Bank.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Northvolt has been raking it in: <\/strong>The company <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/95eada67-7826-4111-8a7f-333d4b2d2f1a\" style=\"\" rel=\"noopener\">raised USD 1.2 bn<\/a> last August from international investors \u2014 including BlackRock and Goldman Sachs \u2014 and Canadian pension funds in preparation for expanding in Europe and North America.<\/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>Vestas'<\/strong><strong> wind operations are getting greener: <\/strong>Danish wind turbine maker Vestas is partnering with European steel manufacturer ArcelorMittal to use recycled steel in Vestas\u2019 wind turbine towers, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-01-16\/greener-wind-turbines-made-with-recycled-steel-come-to-europe?srnd=green\" style=\"\" rel=\"noopener\">Bloomberg<\/a> writes. The new turbines \u2014 which will reduce emissions by 66% compared to common ones \u2014 will account for two-thirds of the 76 turbines to be installed in the <a target=\"_blank\" href=\"https:\/\/www.vestas.com\/en\/media\/company-news\/2023\/vestas-receives-1-140-mw-offshore-order-in-poland-c3844200\" style=\"\" rel=\"noopener\">Baltic Power farm<\/a> next year. The greener steel can cut emissions by 25% if used in the top two parts of offshore towers, and even more for those that are onshore, where it can make up the entire tower structure. Vestas is currently building Egypt's <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/68cee6d6-5517-4793-8ccb-cefea32b1955\" style=\"\" rel=\"noopener\">Gulf of Suez<\/a> wind farm.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not the only efforts to green the turbine industry: <\/strong>Spanish renewables giant Iberdrola, which co-owns <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/5d9f1541-8664-401c-b13b-5b76c43ba7cc\" style=\"\" rel=\"noopener\">East Anglia 3 and Baltic Eagle wind farms<\/a> with the UAE's Masdar, is reassembling and <a target=\"_blank\" href=\"https:\/\/www.iberdrola.com\/sustainability\/wind-blade-recycling\" style=\"\" rel=\"noopener\">reusing using old blades and building a turbine blade recycling plant<\/a> to recover the materials for use in different fields including energy and construction. France's Veolia is also on the same path, <a target=\"_blank\" href=\"https:\/\/www.up-to-us.veolia.com\/en\/recycling\/recycling-used-wind-turbine-blades\" style=\"\" rel=\"noopener\">partnering<\/a> with GE Renewable Energy to recycle blades. <\/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>Japan to release more Fukushima wastewater: <\/strong>The Tokyo Electric Power Company (Tepco) is planning to release a fourth batch of treated radioactive water sourced from the Fukushima Daiichi Nuclear Power Plant next month. Despite objections from China, Japan started discharging the wastewater <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/4069e5f5-53b7-499e-a185-3f8892c6eb14\" style=\"\" rel=\"noopener\">in August<\/a>, starting with around 8k tons out of the 1.34 mn tons of accumulated wastewater. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/japans-tepco-start-fourth-release-treated-fukushima-water-late-feb-2024-01-16\/\" 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\/green-loan\/\">green loan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/northvolt\/\">Northvolt<\/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=\"81820\" 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=\"81820\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/17\/uaes-desert-board-is-recycling-palm-waste-to-decarbonize-the-construction-industry\/\">\r\n                            UAE\u2019s Desert Board is recycling palm waste to decarbonize the construction industry                        <\/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\/2024\/01\/17\/uaes-desert-board-is-recycling-palm-waste-to-decarbonize-the-construction-industry\/\" 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\/2024\/01\/17\/uaes-desert-board-is-recycling-palm-waste-to-decarbonize-the-construction-industry\/')\">\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\/2024\/01\/17\/uaes-desert-board-is-recycling-palm-waste-to-decarbonize-the-construction-industry\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=UAE\u2019s Desert Board is recycling palm waste to decarbonize the construction industry&url=https:\/\/enterpriseam.com\/climate\/2024\/01\/17\/uaes-desert-board-is-recycling-palm-waste-to-decarbonize-the-construction-industry\/\">\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\/2024\/01\/17\/uaes-desert-board-is-recycling-palm-waste-to-decarbonize-the-construction-industry\/&title=UAE\u2019s Desert Board is recycling palm waste to decarbonize the construction industry\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=UAE%E2%80%99s+Desert+Board+is+recycling+palm+waste+to+decarbonize+the+construction+industry+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F01%2F17%2Fuaes-desert-board-is-recycling-palm-waste-to-decarbonize-the-construction-industry%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\/2024\/01\/17\/uaes-desert-board-is-recycling-palm-waste-to-decarbonize-the-construction-industry\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1362.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81821\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/17\/uaes-desert-board-is-recycling-palm-waste-to-decarbonize-the-construction-industry\/1362-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1362.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1362.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1362.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1362.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81820\" class=\"content-area-description single-story post-81820 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-decarbonization tag-enterpriseclimate tag-green-construction tag-on-your-way-out 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\/2024\/1\/.ad7add3c-4c94-42ab-8823-16f8aae674a0.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu Dhabi-based climate tech startup <\/strong><strong><a target=\"_blank\" href=\"https:\/\/desertboard.ae\/\" style=\"\" rel=\"noopener\">Desert Board<\/a><\/strong><strong> is repurposing palm trees into their <\/strong><strong>patented carbon-negative building boards<\/strong>, <a target=\"_blank\" href=\"https:\/\/arabic.cnn.com\/style\/article\/2024\/01\/16\/recycling-palm-trees-green-alternative-to-plywood\" style=\"\" rel=\"noopener\">CNN<\/a> writes. The company aims to make use of the UAE\u2019s estimated <a target=\"_blank\" href=\"https:\/\/www.uaeu.ac.ae\/en\/research\/centers\/dpdrud\/datepalmculture.shtml\" style=\"\" rel=\"noopener\">40 mn palm trees<\/a> to decarbonize the country\u2019s construction sector which <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c407399b-fa99-418e-8736-2dd4814becee\" style=\"\" rel=\"noopener\">accounts for 8%<\/a> of total carbon emissions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How do they do it?<\/strong> Desert Board uses the waste from palm trees \u2014 which take a decade to decompose and release substantial amounts of methane into the atmosphere \u2014 left over from <a target=\"_blank\" href=\"https:\/\/hort.ifas.ufl.edu\/woody\/documents\/palms.pdf\" style=\"\" rel=\"noopener\">pruning<\/a> to create their proprietary Palm Strand Board (PSB), a material that can replace plywood in furniture, flooring, walls, doors and shelves, the company noted to CNN. PSB is recyclable, has the same durability as a regular board, and offsets some 400 tons of carbon emissions compared to conventional alternatives per 1 ton of PSB produced. The carbon saving comes from the palm trees natural ability to capture CO2 while they are alive, the company notes. The materials are also fire, termite, and moisture resistant, the company told the news outlet.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Current capacity:<\/strong> Desert Board manufactured its first PSB two years ago, and is currently operational in the UAE, Saudi Arabia, Bahrain and India, CNN added. The production plant in Abu Dhabi\u2019s Khalifa Economic Zones Abu Dhabi (Kezad) currently produced enough of its PSB materials to fill up two and a half football fields (c. 300x 133 yards) on a daily basis, Desert Board director Kamal Farah told CNN.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE is going big on green construction: <\/strong>In December, the Abu Dhabi Waste Management Company (Tadweer), Masdar City, the UAE Energy and Infrastructure Ministry, and GIGA Graphene Technologies <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/60591e41-f14e-4247-863d-d56d497127a7\" style=\"\" rel=\"noopener\">partnered<\/a> to develop graphene-enhanced concrete made with recycled plastic in the UAE. In August, Abu Dhabi-based investment firm GL Holding <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/552e8d92-3609-4003-b1e3-0d4ac82081be\" style=\"\" rel=\"noopener\">signed an agreement<\/a> with Dutch green construction equipment company Urban Mobility Systems to build a green manufacturing facility. A year ago, the UAE cabinet <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/52d73c95-fc4f-49a6-a955-fec2e12bf6b3\" style=\"\" rel=\"noopener\">approved<\/a> regulations designed to lower carbon emissions in the construction sector.<\/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\/decarbonization\/\">decarbonization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-construction\/\">green construction<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/on-your-way-out\/\">ON YOUR WAY OUT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/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=\"81822\" 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\/2024\/01\/17\/81822\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81822\" class=\"content-area-description single-story post-81822 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\">JANUARY 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-24 January (Saturday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ashrae.org\/conferences\/2024-winter-conference-chicago\" style=\"\">ASHRAE Winter Conference<\/a><\/span><span style=\"font-weight:400;\">, Illinois, USA.  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">29 January-2 February (Monday-Friday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.weec2024.org\/en\/information\/congress-themes\/\" style=\"\">World Environmental Education Congress<\/a><\/span><span style=\"\">, Abu <\/span><span>Dhabi, 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;\">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>16-18 April (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.middleeast-energy.com\/en\/home.html\" style=\"\">Middle East Energy<\/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>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>30 April-2 May (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 style=\"font-weight:400;\">, 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;\">MAY 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7-9 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.globalwasteforum.com\/en\" style=\"\">Global Waste Forum<\/a><\/span><span>, <\/span><span style=\"\">Algiers, Algeria. <\/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>15-17 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/evautoshowonline.com\/\" style=\"\">EV Auto Show<\/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;\">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>26-29 October (Monday-Thursday):  <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.spa.gov.sa\/en\/N2002883\" style=\"\">World Energy Congress<\/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=\"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    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Ma\u2019aden reveals first phase of solar thermal plant | General Atlantic is buying Actis | Acwa Power outlines 2024 green hydrogen ambitions in KSA<\/p>\n","protected":false},"featured_media":81804,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-81803","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"cc349875-c8e6-43bf-a214-34cf6c8c88ae","teaser":"Ma\u2019aden reveals first phase of solar thermal plant | General Atlantic is buying Actis | Acwa Power outlines 2024 green hydrogen ambitions in 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