{"id":81875,"date":"2024-01-22T00:00:00","date_gmt":"2024-01-22T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=81875"},"modified":"2025-12-15T10:12:41","modified_gmt":"2025-12-15T10:12:41","slug":"qatars-qiib-lists-usd-500-mn-sustainable-sukuk-issuance-on-the-london-stock-exchange","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/qatars-qiib-lists-usd-500-mn-sustainable-sukuk-issuance-on-the-london-stock-exchange\/","title":{"rendered":"Qatar\u2019s QIIB lists USD 500 mn sustainable sukuk issuance on the London Stock Exchange"},"content":{"rendered":"<section id=\"81877\" 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=\"81877\">\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\/22\/today-qatars-qiib-lists-usd-500-mn-sustainable-sukuk-issuance-on-lse-oman-launches-usd-5-bn-future-fund-oman\/\">\r\n                            TODAY: Qatar\u2019s QIIB lists USD 500 mn sustainable sukuk issuance on LSE + Oman launches USD 5 bn Future Fund Oman                        <\/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 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decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1158.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81878\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/22\/today-qatars-qiib-lists-usd-500-mn-sustainable-sukuk-issuance-on-lse-oman-launches-usd-5-bn-future-fund-oman\/1158-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1158.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1158.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1158.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1158.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81877\" class=\"content-area-description single-story post-81877 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-acwa-power tag-egypt tag-enterpriseclimate tag-libya tag-masdar tag-renewables tag-saudi-arabia tag-solar-energy tag-uae 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\/.86e463c3-f034-4a28-8b90-538c69cb5194.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, ladies and gents. <\/strong>It was a fairly quiet weekend for the regional climate sector, but we have a full rundown of the green finance and policy updates from the region and beyond.<\/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- US overhauls disaster relief program: <\/strong>The US will launch the most major reform in two decades to its Federal Emergency Management Agency (FEMA) in a bid to alleviate the economic toll climate-driven extreme weather has on vulnerable communities. Set to take effect on 22 March, the new reforms will see FEMA expand financing for its disaster relief program to USD 750 per person. Critical needs assistance was previously assessed on a case-by-case basis, and the new regulations are expected to cut through the normal application red tape that states and tribal nations had to go through to access relief funding. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story made headlines in the international press over the weekend: <\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/us-launches-disaster-relief-reforms-climate-driven-events-rise-2024-01-19\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/fema-disaster-assistance-7291e5b45c8246266613ba8d8bec75de\" style=\"\" rel=\"noopener\">AP News<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/01\/19\/climate\/fema-disaster-aid-climate.html\" style=\"\" rel=\"noopener\">The New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/climate-environment\/2024\/01\/19\/fema-changes-disaster-victims-climate\/\" style=\"\" rel=\"noopener\">The Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2024\/01\/19\/us\/fema-disaster-assistance-program-overhaul-climate\/index.html\" style=\"\" rel=\"noopener\">CNN<\/a> <\/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\">\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a><\/strong><strong>#1- Acwa Power pushes up launch date for Kom <\/strong><strong>Ombo solar plant: <\/strong>Saudi renewables giant Acwa Power\u2019s 200 MW Kom Ombo solar farm \u2014 initially targeted for launch <a target=\"_blank\" href=\"https:\/\/acwapower.com\/en\/projects\/kom-ombo-pv\/\" style=\"\" rel=\"noopener\">in 3Q 2024<\/a> \u2014 is 82% done and due to be completed by April this year, generating enough power for about 130k households once fully operational, according to a <a target=\"_blank\" href=\"https:\/\/shorturl.at\/fyDL9\" style=\"\" rel=\"noopener\">statement<\/a> released on Saturday. Once online, the project, which will span 4.8 sq km and contain over 387.4k <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0d364ace-8f27-4484-a3cf-585d7fadcab5\" style=\"\" rel=\"noopener\">bifacial solar panels<\/a>, will be connected to the country\u2019s electricity grid through a 33\/220 kv interconnection station and offset an estimated 280k tons of carbon emissions annually.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Price tag:<\/strong> The cabinet says the project is expected to have a USD 168 mn price tag. Acwa power <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2e9b07ee-ebee-43bc-8cd5-34f504462f6b\" style=\"\" rel=\"noopener\">secured bridge loans<\/a> worth some USD 45 mn from Apicorp and USD 14 mn from the European Bank for Reconstruction and Development (EBRD) in 2021 to bankroll the project. The company also secured last April another USD 36 mn from the EBRD, USD 14.6 mn from the OPEC Fund for International Development, and USD 24.4 mn from the African Development Bank (AfDB). The United Nations\u2019 Green Climate Fund (GCF) also said it will extend USD 34.5 mn in funding and the Arab Bank will contribute USD 14.8 mn for financing the project.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a><\/strong><strong>#2- Masdar\u2019s 1 GW solar project in Iraq is almost underway: <\/strong>Masdar's 1 GW solar project in Iraq \u2014 first announced <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/projects\/utilities\/masdar-to-build-4-solar-power-plants-in-iraq-xpk8jgv2\" style=\"\" rel=\"noopener\">in 2021<\/a> \u2014 has been referred to the cabinet for review and is now pending final approval and tax exemptions for the investor, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/projects\/utilities\/masdar-in-talks-to-build-1gw-solar-power-plant-in-iraq-dpyw3rbu\" style=\"\" rel=\"noopener\">Iraqi News Agency<\/a> reported on Friday, citing comments made by Iraq\u2019s Electricity Minister Ziyad Ali Fadel. Masdar has been planning to establish 1 GW of solar projects across four regions in Iraq including a 450 MW farm for the Dhi Qar governorate, 100 MW and 250 MW plants planned in Ramadi city in Anbar governorate, a 100 MW plant in Nineveh governnate\u2019s Mosul, and another 100 MW plant in Maysan governate\u2019s Amarah, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/projects\/utilities\/masdar-to-build-4-solar-power-plants-in-iraq-xpk8jgv2\" style=\"\" rel=\"noopener\">Zawya Projects<\/a> reported at the time. A delegation from Masdar <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b42005b9-7043-45ef-9437-516649d80aa4\" style=\"\" rel=\"noopener\">met with Fadel in August<\/a> to discuss the projects.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- UAE\u2019s Offset8 plans a Japanese <\/strong><strong>expansion<\/strong><strong>:<\/strong> Abu Dhabi-based asset manager <a target=\"_blank\" href=\"https:\/\/offset8capital.com\/\" style=\"\" rel=\"noopener\">Offset8<\/a><a target=\"_blank\" href=\"https:\/\/offset8capital.com\/\" style=\"\" rel=\"noopener\">Capital<\/a> \u2014 which specializes in nature-based carbon removal projects \u2014 plans to launch an office in Tokyo by 3Q 2024, the company\u2019s co-founder Jules Maitrepierre told <a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/amp\/article\/59470\" style=\"\" rel=\"noopener\">Asharq Business<\/a> on Friday. In efforts to ramp up its investments in Japan, the company aims to double its workforce in the East Asian country by 2025, Maitrepierre noted. The company has to date inked USD 35 mn in non-binding financing agreements with both local and foreign financial institutions, and has identified over 50 carbon removal projects, the news outlet said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Offset8 is still building up its pipeline:<\/strong> Offset8\u2019s current pipeline of projects and partnerships are focused on reforestation, mangrove planting, water purification, biochar, and biodiversity initiatives in Africa and South-East Asia, according to their <a target=\"_blank\" href=\"https:\/\/offset8capital.com\/projects\" style=\"\" rel=\"noopener\">website<\/a>. Offset8 is also working on a carbon project visualization and carbon project platform in the Middle East, their website added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Offset8 wants to launch a carbon investment fund:<\/strong> The company said it plans to raise USD 250 mn in a bid to establish a \u201c <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2267fc43-054b-48b1-b300-721a827ae2dc\" style=\"\" rel=\"noopener\">first of its kind<\/a> \u201d carbon investment fund with targeted investments across some 29 markets last July. The fund will target climate mitigation and adaptation projects with a focus on mangrove restoration and reforestation. Offset8 is particularly eying Africa and Southeast Asia\u2019s CO2 offsets markets as it looks to generate high-quality carbon credits in line with the <a target=\"_blank\" href=\"https:\/\/icvcm.org\/the-core-carbon-principles\/\" style=\"\" rel=\"noopener\">Core Carbon Principles<\/a> set by the <a target=\"_blank\" href=\"https:\/\/icvcm.org\/\" style=\"\" rel=\"noopener\">Integrity Council for the Voluntary Carbon Market<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>#4- <\/strong><strong>Scatec <\/strong><strong>eyes solar plant for aluminum production in Egypt:<\/strong> Norwegian renewables company Scatec is exploring setting up a 1 GWh solar plant to power Nagaa Hammadi Aluminum Smelter's operations, according to a <a target=\"_blank\" href=\"https:\/\/www.cabinet.gov.eg\/News\/Details\/74896\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The project would be completed in two 500 MWh phases, the first of which is expected to be completed 18 months after signing the contract, and the second within 24 months. No financial details for the project were disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- <\/strong><strong>EBR<\/strong><strong>D completes funding review for Hassan Allam Utilities<\/strong><strong>: <\/strong>The European Bank for Reconstruction and Development (EBRD) has completed the review for a potential USD 75 mn equity investment into Egypt\u2019s renewables sector, with Hassan Allam Utilities\u2019 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d54d21b5-58f2-46fe-aedf-da8023756c8e\" style=\"\" rel=\"noopener\">1.1 GW wind farm<\/a> in the Gulf of Suez standing as a top contender, according to a <a target=\"_blank\" href=\"https:\/\/www.ebrd.com\/work-with-us\/projects\/psd\/54346.html\" style=\"\" rel=\"noopener\">project summary document<\/a> posted on EBRD\u2019s website last week. The statement also mentioned that the funds could go to a planned 2.5 GW wind project near Sohag, as part of a bigger 10 GW project currently in the early stage of development. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>EBRD is set to approve the funding for Hassan Allam Utilities\u2019 wind project on 21 February, pending the selection of a wind turbine supplier and the finalization of the supply chain due diligence process. The project is expected to offset some 2.8 mn tons of CO2 annually. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- EU unveils plan to reach net zero by 2050: <\/strong>The EU will require companies with the ability to power their production methods with green energy to make the transition, while those lacking the capacity will be obliged to capture their emissions instead, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/environment\/eu-drafts-plan-zero-out-industrys-carbon-footprint-by-2050-2024-01-17\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last week, citing a draft European Commission Plan outlining how the bloc aims to get to net zero by 2050. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What does the draft entail? <\/strong>The EU aims to capture 450 mn tons of CO2 per year by 2050, and remaining emissions from European industries \u2014 especially the cement and chemical sectors \u2014 must also be captured and stored at the same date, Reuters said. The draft also states that 100 mn tons of the emissions would be captured from the power sector, and another 200 mn will be captured directly from the atmosphere. The captured CO2 will be permanently stored underground or used in industrial processes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- Heavy-duty vehicles will have to make major CO2 cuts in the bloc:<\/strong> The European Parliament and Council have reached an agreement to impose stricter standards for CO2 emissions from heavy-duty vehicles that are set to hit the market starting in 2030, according to a <a target=\"_blank\" href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/ip_24_287\" style=\"\" rel=\"noopener\">statement<\/a> from the EU Commission on Friday. The targets imposed will affect nearly all trucks, urban buses, long-distance buses and trailers and will require emissions to be reduced by 45% in 2030, 65% in 2035 and 90% in 2040, in comparison to 2019 levels. Trailers and semi-trailers will have to cut emissions by 7.5% and 10% respectively, while all new urban buses will have to reduce emissions by 90% in 2030 and reach net-zero by 2035. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There\u2019s still a long way to go:<\/strong> The EU will need to revise its policies if it aims to successfully deliver net zero emissions by 2050, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/climate-energy\/climate-science-advisers-tell-eu-phase-out-fossil-fuels-2024-01-17\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Thursday, citing a new <a target=\"_blank\" href=\"https:\/\/climate-advisory-board.europa.eu\/news\/eu-climate-advisory-board-focus-on-immediate-implementation-and-continued-action-to-achieve-eu-climate-goals\" style=\"\" rel=\"noopener\">report<\/a> published by the European Scientific Advisory Board on Climate Change. Despite <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f94b9d87-c38d-41fb-b27a-3185a3f658a6\" style=\"\" rel=\"noopener\">pushing for a phase out<\/a> at COP28, the EU is underperforming in all sectors and immediate action is needed alongside long-term reforms for post-2030 climate framework policy, the advisory board warned in its report, according to the newswire. On the same day, the European Commission said it will put forward a recommendation next month to have the bloc target a 90% reduction in greenhouse gas emissions by 2040 compared to 1990 levels, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/eu-commission-back-90-emissions-cut-2040-climate-target-sources-2024-01-18\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported. The EU currently has a goal of cutting emissions 55% by 2030. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt4\"><\/a>#6- <\/strong><strong>Libya <\/strong><strong>prepares for EU interconnection project: <\/strong>Libya's General Electricity Company has begun studies to implement the electrical interconnection project with Malta, Greece, and Italy, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/gecol.org\/posts\/pfbid02um2eZSaCB614xoFsdVCCKLzAKPFFwKj9Yo9ZE1Ar3dJNKFJW1p19wUzoaePwPJphl\" style=\"\" rel=\"noopener\">statement<\/a> released on Wednesday. This is part of the country's plan to diversify its energy sources in order to ensure the stability of its network, the statement said. Libya had signed agreements in December to export solar energy to the EU, Libyan news outlet <a target=\"_blank\" href=\"https:\/\/alwasat.ly\/news\/libya\/426559\" style=\"\" rel=\"noopener\">AlWasat<\/a> wrote on Wednesday. Libya and Malta discussed the project, on which both countries signed an MoU last June, at the <a target=\"_blank\" href=\"https:\/\/libyasummit.com\/\" style=\"\" rel=\"noopener\">Libya Energy and Economic Summit<\/a> last Saturday, the outlet added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO<\/strong><strong>- The country is looking to attract investors from Turkey to implement its renewable <\/strong><strong>energy strategy of generating 4 GW in renewable energy by 2035<\/strong>, Renewable Energy Authority of Libya CEO Abdul Salam Al-Ansari told Turkish state news agency <a target=\"_blank\" href=\"https:\/\/bitly.ws\/3apqm\" style=\"\" rel=\"noopener\">Anadolu Ajans\u0131<\/a>. The strategy \u2014 which will account for 20% of Libya\u2019s energy needs \u2014 will be implemented in three phases. The first phase targets the installation of 1.7 GW by 2027, followed by a second phase of 2.5 GW by 2030, and finally an additional 4 GW by 2035. Libya has also launched its Go Green initiative to install solar power systems for individuals, businesses, and agriculture and is conducting a joint study with the National Oil Corporation on green hydrogen.<\/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\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/libya\/\">Libya<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/masdar\/\">Masdar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar energy<\/a>\n          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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=\"81880\" 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=\"81880\">\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\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/22\/qatars-qiib-lists-usd-500-mn-sustainable-sukuk-issuance-on-the-london-stock-exchange\/\">\r\n                            Qatar\u2019s QIIB lists USD 500 mn sustainable sukuk issuance on the London Stock Exchange                        <\/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  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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1764.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1764.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1764.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1764.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81880\" class=\"content-area-description single-story post-81880 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-debt-watch tag-enterpriseclimate tag-green-finance tag-green-sukuk tag-qatar 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\/.c4b51c23-0caf-4f1c-ac63-8173ce17c50f.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>The Qatar International Islamic Bank (QIIB) has raised USD 500 mn <\/strong><strong>from a green<\/strong><strong> sukuk <\/strong><strong>(Shariah-compliant bond) sale on the London Stock Exchange<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.qiib.com.qa\/Press\/Details\/411\" style=\"\" rel=\"noopener\">statement<\/a>. The issuance was 8x oversubscribed to over USD 4 bn and marks the first time QIIB lists sustainable sukuk outside of Qatar.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The <a target=\"_blank\" href=\"https:\/\/www.nasdaq.com\/articles\/qatars-qiib-starts-selling-$500-mln-senior-sukuk-document\" style=\"\" rel=\"noopener\">five-year<\/a> USD-denominated green sukuk was priced at 120 basis points (bps) above US Treasuries \u2014 tightened from initial reports of a 160 bps spread \u2014 and will have a 5.247% annual yield. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who\u2019s buying?<\/strong> The issuance garnered support from over 120 investors from across MENA, Asia, EU, and America markets, the bank notes, adding that 55% of investments were inbound from outside the Mena region. The banking group attributes its successful listing to its high credit ratings which stands at \u201cA2\u201d from Moody\u2019s and \u201cA-\u201d from Fitch, according to the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>QIIB published its Sustainable Finance Framework on green projects <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c407399b-fa99-418e-8736-2dd4814becee\" style=\"\" rel=\"noopener\">earlier this month<\/a><\/strong>, noting it will use the framework to issue green, social, or sustainability-labeled sukuk and other financing products for eligible projects including renewable energy, green transportation, energy efficiency, and sustainable construction.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- On a national level, Qatar will also be ready to list its first sovereign green bond <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/be57a07d-f89b-4990-bb95-af3cd2085b25\" style=\"\" rel=\"noopener\">very soon<\/a><\/strong>, Qatari Finance Minister Ali Al-Kuwari said last week on the sidelines of the World Economic Forum in Davos. \u201cWe are not hungry for money, but it will be mainly to send a strong statement about the need to counter climate change,\u201d Al-Kuwari said. The country offered <a target=\"_blank\" href=\"https:\/\/www.gulf-times.com\/article\/653926\/business\/qatar-sustainable-finance-offers-75bn-investment-opportunity-this-year-qfc-ceo\" style=\"\" rel=\"noopener\">USD 75 bn<\/a> in sustainable financing last year, and plans to establish a sustainable finance market worth more than <a target=\"_blank\" href=\"https:\/\/dohanews.co\/green-banking-qatar-eyes-75bn-investment-in-sustainable-finance-in-2023\/\" style=\"\" rel=\"noopener\">USD 22 tn<\/a> globally by 2031.<\/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\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-finance\/\">green finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-sukuk\/\">Green sukuk<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81882\" 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=\"81882\">\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\">GREEN FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/22\/oman-launches-usd-5-bn-future-fund-oman-for-green-investments\/\">\r\n                            Oman launches USD 5 bn Future Fund Oman for green investments                        <\/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\/22\/oman-launches-usd-5-bn-future-fund-oman-for-green-investments\/\" 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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USD 5.2 bn) designated for investments in eight sectors including green energy and mining over the next 5 years, <a target=\"_blank\" href=\"https:\/\/omannews.gov.om\/topics\/en\/80\/show\/115572\" style=\"\" rel=\"noopener\">Oman News Agency<\/a> reported last week. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The breakdown: <\/strong>The fund will be dispensed in RO 400 mn (c. USD 1.04 bn) increments every year, with 90% of its capital earmarked for direct investments in new or existing projects, 7% for SMEs, and 3% for startups. The six other sectors targeted under the fund are tourism, manufacturing, information and communication technologies, ports and logistics, fisheries, and agriculture.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who is in charge of what:<\/strong> Two different committees will govern the fund; an Investment Committee responsible for approving investments and divestments and an Advisory Committee tasked with the supervision and follow-up on SME and startup investments, the news outlet notes. The former will be made up of five members from the OIA, the Ministry of Finance, and other independent entities, while the latter will include the <a target=\"_blank\" href=\"https:\/\/sme.gov.om\/en\/\" style=\"\" rel=\"noopener\">SMEs Development Authority<\/a> as a member. Investment allocated to SMEs and startups will be managed by the <a target=\"_blank\" href=\"https:\/\/www.tanmia.om\/\" style=\"\" rel=\"noopener\">Oman National Investment Development Company<\/a> (Tanmia), <a target=\"_blank\" href=\"https:\/\/ithca.om\/\" style=\"\" rel=\"noopener\">ITHCA<\/a><a target=\"_blank\" href=\"https:\/\/ithca.om\/\" style=\"\" rel=\"noopener\">Group<\/a>, <a target=\"_blank\" href=\"https:\/\/portal.omantel.om\/Personal\" style=\"\" rel=\"noopener\">Omantel<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.cyfr.vc\/\" style=\"\" rel=\"noopener\">Cyfr Capital<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Making strides in green finance: <\/strong>Oman\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c407399b-fa99-418e-8736-2dd4814becee\" style=\"\" rel=\"noopener\">sustainable finance framework<\/a> \u2014 the first of its kind to be implemented by a GCC state \u2014 earned a \u201cVery Good\u201d rating from Moody's Investors Services last week. The framework aims to reduce Oman\u2019s reliance on fossil fuels and attract ESG investors. The sultanate will introduce green, social, and sustainability bonds as part of the initiative.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How to apply: <\/strong>Companies or investors interested in receiving financing for their projects can create an account on the <a target=\"_blank\" href=\"https:\/\/www.futurefund.om\/FutureFund\/Home\" style=\"\" rel=\"noopener\">fund\u2019s website<\/a> and fill out an application to determine whether they qualify for the fund, depending on a <a target=\"_blank\" href=\"https:\/\/www.futurefund.om\/FutureFund\/Process\" style=\"\" rel=\"noopener\">set criteria<\/a>. Review of an application will take up to three months after submission.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-finance\/\">green finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81884 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"81884\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/22\/81884\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81884\" class=\"content-area-description single-story post-81884 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/weareiph.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/enterprise.press\/wp-content\/uploads\/2023\/05\/infinity-enterprise1600px-scaled.jpg\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81885\" 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=\"81885\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">SOLAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/22\/project-update-amea-powers-mozambique-solar-plant-valued-at-usd-150-mn\/\">\r\n                            Project update: Amea Power\u2019s Mozambique solar plant valued at USD 150 mn                        <\/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\/22\/project-update-amea-powers-mozambique-solar-plant-valued-at-usd-150-mn\/\" 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\/22\/project-update-amea-powers-mozambique-solar-plant-valued-at-usd-150-mn\/')\">\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\/22\/project-update-amea-powers-mozambique-solar-plant-valued-at-usd-150-mn\/\">\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=Project update: Amea Power\u2019s Mozambique solar plant valued at USD 150 mn&url=https:\/\/enterpriseam.com\/climate\/2024\/01\/22\/project-update-amea-powers-mozambique-solar-plant-valued-at-usd-150-mn\/\">\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\/22\/project-update-amea-powers-mozambique-solar-plant-valued-at-usd-150-mn\/&title=Project update: Amea Power\u2019s Mozambique solar plant valued at USD 150 mn\">\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=Project+update%3A+Amea+Power%E2%80%99s+Mozambique+solar+plant+valued+at+USD+150+mn+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F01%2F22%2Fproject-update-amea-powers-mozambique-solar-plant-valued-at-usd-150-mn%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\/22\/project-update-amea-powers-mozambique-solar-plant-valued-at-usd-150-mn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1747.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81886\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/22\/project-update-amea-powers-mozambique-solar-plant-valued-at-usd-150-mn\/1747-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1747.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1747.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1747.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1747.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81885\" class=\"content-area-description single-story post-81885 post type-post status-publish format-standard has-post-thumbnail hentry category-solar tag-amea-power tag-enterpriseclimate tag-solar tag-solar-energy 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\/.a761448d-90fb-4b25-a0c8-7d498bcf9713.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Amea Power\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/33ab6716-a218-45df-878d-3ef203cde7da\" style=\"\" rel=\"noopener\">125 MW Matambo solar plant<\/a><\/strong><strong> in Mozambique will cost USD 150 mn to <\/strong><strong>build<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.dubaichamberinternational.com\/en\/news\/dubai-international-chamber-supports-successful-expansion-of-uae-based-renewable-energy-company-amea-power-into-africa\/\" style=\"\" rel=\"noopener\">statement by Dubai International Chamber (DIC)<\/a>. The solar plant \u2014 which will be established in partnership with Mozambique\u2019s <a target=\"_blank\" href=\"https:\/\/www.bni.co.mz\/\" style=\"\" rel=\"noopener\">Banco Nacional de Investimento<\/a> \u2014 will be able to power 150k homes, offsetting around 233k tons of CO2 annually.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More African expansion for Amea: <\/strong>Amea Power announced in December a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/31c67dc0-f2de-4f1f-a002-92c9af0a4da2\" style=\"\" rel=\"noopener\">50 MW solar power plant<\/a> in the Ivory Coast after signing a concession agreement and a 25-year power purchase agreement (PPA) in January. The company is also building South Africa\u2019s 120 mn, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/950fb22b-f4c9-4cf6-8bab-ccca06252428\" style=\"\" rel=\"noopener\">120 MW Doornhoek<\/a> solar energy plant.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mozambique has a big transition plan: <\/strong>Mozambique approved a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/dd948367-52ae-4567-b308-a2e9fd3e155d\" style=\"\" rel=\"noopener\">USD 80 bn<\/a> strategy in November to attract investments and reduce the nation's dependence on fossil fuels by 2050. It's also among the countries to join a first-of-its-kind consortium to secure <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a267c885-eb18-4c3d-ae6f-842fa218906a\" style=\"\" rel=\"noopener\">5 GW<\/a> of battery energy storage system (BESS) commitments by the end of 2024 as a first-mover country.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/amea-power\/\">Amea Power<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar\/\">SOLAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/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=\"81887\" 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=\"81887\">\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\">GREEN FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/22\/wef-alliance-aims-to-unlock-usd-tns-in-funding-for-global-souths-clean-energy-transition\/\">\r\n                            WEF alliance aims to unlock USD tns in funding for Global South\u2019s clean energy transition                        <\/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\/22\/wef-alliance-aims-to-unlock-usd-tns-in-funding-for-global-souths-clean-energy-transition\/\" 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\/22\/wef-alliance-aims-to-unlock-usd-tns-in-funding-for-global-souths-clean-energy-transition\/')\">\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\/22\/wef-alliance-aims-to-unlock-usd-tns-in-funding-for-global-souths-clean-energy-transition\/\">\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=WEF alliance aims to unlock USD tns in funding for Global South\u2019s clean energy transition&url=https:\/\/enterpriseam.com\/climate\/2024\/01\/22\/wef-alliance-aims-to-unlock-usd-tns-in-funding-for-global-souths-clean-energy-transition\/\">\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\/22\/wef-alliance-aims-to-unlock-usd-tns-in-funding-for-global-souths-clean-energy-transition\/&title=WEF alliance aims to unlock USD tns in funding for Global South\u2019s clean energy transition\">\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=WEF+alliance+aims+to+unlock+USD+tns+in+funding+for+Global+South%E2%80%99s+clean+energy+transition+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F01%2F22%2Fwef-alliance-aims-to-unlock-usd-tns-in-funding-for-global-souths-clean-energy-transition%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\/22\/wef-alliance-aims-to-unlock-usd-tns-in-funding-for-global-souths-clean-energy-transition\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1734.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81888\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/22\/wef-alliance-aims-to-unlock-usd-tns-in-funding-for-global-souths-clean-energy-transition\/1734-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1734.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1734.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1734.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1734.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81887\" class=\"content-area-description single-story post-81887 post type-post status-publish format-standard has-post-thumbnail hentry category-green-finance tag-enterpriseclimate tag-global-south tag-green-finance tag-wef 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\/.518c1912-554d-44aa-a481-d58d5d7bbc78.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Egypt and Morocco have joined a new alliance launched by the World Economic Forum <\/strong><strong>(WEF) which aims <\/strong><strong>to unlock c. USD 2.2-2.8 tn in financing for the clean energy transition<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.weforum.org\/press\/2024\/01\/wef24-global-leaders-unite-to-triple-clean-energy-investment-in-emerging-economies\/\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The Network to Mobilize Clean Energy Investment for the Global South initiative will be co-chaired by Egypt\u2019s International Cooperation Minister Rania Al Mashat alongside the CEO of the Africa Finance Corporation Samaila Zubairu (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/samaila-zubairu-39a99330\" style=\"\" rel=\"noopener\">LinkedIn<\/a>). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More about the alliance:<\/strong> The alliance is made up of over 20 CEOs and government ministers from around the world and will provide a platform for members to collaborate on developing and launching clean energy capital solutions by leveraging policy and finance mechanisms among other avenues, the statement explains. Other members of the Global South alliance include CEOs and ministers from Colombia, India, Japan, Malaysia, Namibia, Nigeria, Norway, Kenya and South Africa.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>An urgent call for equitable energy transition:<\/strong> A recent <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/1\/1571.pdf\" style=\"\" rel=\"noopener\">report (pdf)<\/a> outlining a framework for policy makers to achieve an equitable and inclusive energy transition underscores the need to triple annual clean energy investments in the Global South from USD 770 bn to between USD 2.2 - 2.8 tn in the beginning of the next decade. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- Investors are already trying to boost growth in the Global South: <\/strong>The UK's <a target=\"_blank\" href=\"https:\/\/zero13.net\/\" style=\"\" rel=\"noopener\">Zero13<\/a> and investment firm <a target=\"_blank\" href=\"https:\/\/xtcc.investments\/\" style=\"\" rel=\"noopener\">XTCC<\/a> unveiled a Statement of Accord with the aim of investing USD 100 bn in carbon credits in a bid to address the annual climate finance gap on Thursday. The accord offers a financial and digital platform for investors in carbon credits with the aim of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6d62c443-0a4c-4479-9ccf-d57f7cd5969c\" style=\"\" rel=\"noopener\">boosting development and infrastructure in the Global South<\/a> and developing markets with a focus on renewable energy and regenerative agriculture. <\/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\/global-south\/\">Global South<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-finance\/\">green finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/wef\/\">WEF<\/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=\"81889\" 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=\"81889\">\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\">CLIMATE DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/22\/egypt-malta-to-enhance-cooperation-in-energy-and-electricity\/\">\r\n                            Egypt + Malta to enhance cooperation in energy and electricity                        <\/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\/22\/egypt-malta-to-enhance-cooperation-in-energy-and-electricity\/\" 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\/22\/egypt-malta-to-enhance-cooperation-in-energy-and-electricity\/')\">\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\/22\/egypt-malta-to-enhance-cooperation-in-energy-and-electricity\/\">\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=Egypt + Malta to enhance cooperation in energy and electricity&url=https:\/\/enterpriseam.com\/climate\/2024\/01\/22\/egypt-malta-to-enhance-cooperation-in-energy-and-electricity\/\">\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\/22\/egypt-malta-to-enhance-cooperation-in-energy-and-electricity\/&title=Egypt + Malta to enhance cooperation in energy and electricity\">\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=Egypt+%2B+Malta+to+enhance+cooperation+in+energy+and+electricity+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F01%2F22%2Fegypt-malta-to-enhance-cooperation-in-energy-and-electricity%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\/22\/egypt-malta-to-enhance-cooperation-in-energy-and-electricity\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1704.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81890\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/22\/egypt-malta-to-enhance-cooperation-in-energy-and-electricity\/1704-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1704.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1704.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1704.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1704.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81889\" class=\"content-area-description single-story post-81889 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-diplomacy tag-climate-diplomacy tag-egypt tag-electricity tag-energy tag-enterpriseclimate tag-malta 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\/.e58706a6-6eae-49a1-a6ac-3b5f2c55e58c.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt + Malta ink MoU on energy collaboration: <\/strong>Egypt and Malta signed an agreement to cooperate on diversifying energy sources and shoring up energy supply, according to a <a target=\"_blank\" href=\"https:\/\/bit.ly\/3Oa45AF\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. Egypt and Malta will work together on electrical interconnection projects and capacity building in green hydrogen projects. The partnership will also cover research to promote energy efficiency in the public and private sectors. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- <\/strong><strong>Egypt <\/strong><strong>and Brics' NDB talk cooperation: <\/strong>Egypt's Electricity and Renewable Energy Ministry and the Brics' New Development Bank (NDB) are exploring ways to cooperate on the country's renewable energy sector, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02Hqr4zneHNB9NwCBELanKyZ8VaMq3euX3sZCpXDe2dqEwHpcnwe65jvAg8iPGPH8tl\" style=\"\" rel=\"noopener\">statement<\/a> released last week. Electricity Minister Mohamed Shaker and NDB Vice President Vladimir Kazbekov met to discuss potential investments in the energy sector, including in solar and wind projects, green hydrogen, energy transmission and storage, and grid connection, the statement noted. Egypt's <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/4aa97926-3a36-434f-b9ad-0edf85e385a2\" style=\"\" rel=\"noopener\">recent entry to Brics<\/a> alongside the UAE, KSA, and Iran allows the country access to NDB funds. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-diplomacy\/\">CLIMATE DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/electricity\/\">electricity<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/malta\/\">Malta<\/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=\"81891\" 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=\"81891\">\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\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/22\/dubais-rta-signs-two-agreements-for-green-mobility-green-finance-news-from-egypt\/\">\r\n                            Dubai\u2019s RTA signs two agreements for green mobility + green finance news from Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/22\/dubais-rta-signs-two-agreements-for-green-mobility-green-finance-news-from-egypt\/\" 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href=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/22\/dubais-rta-signs-two-agreements-for-green-mobility-green-finance-news-from-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1720.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81892\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/22\/dubais-rta-signs-two-agreements-for-green-mobility-green-finance-news-from-egypt\/1720-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1720.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1720.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1720.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1720.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81891\" class=\"content-area-description single-story post-81891 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-cloud-seeding tag-egypt tag-electric-mobility tag-enterpriseclimate tag-renewables tag-saudi-arabia tag-uae tag-waste-management 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\/.93297a99-d75c-4d50-9d4d-49aa419c1601.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">GREEN MOBILITY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai\u2019s <\/strong><strong>RTA <\/strong><strong>tackles transportation emissions:<\/strong> Dubai's Roads and Transport Authority (RTA) has signed two MoUs with the UK's <a target=\"_blank\" href=\"https:\/\/urbanmass.co.uk\/\" style=\"\" rel=\"noopener\">Urban-Mass<\/a> Company and US-based <a target=\"_blank\" href=\"https:\/\/railbus.com\/\" style=\"\" rel=\"noopener\">RailBus<\/a> to collaborate on developing new transportation systems, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b17pkf9-rta-signs-two-mous-develop-innovative\" style=\"\" rel=\"noopener\">Wam<\/a> reported on Thursday. The first agreement will explore setting up the Urban Mass <a target=\"_blank\" href=\"https:\/\/urbanmass.co.uk\/floc.php\" style=\"\" rel=\"noopener\">Floc Duo Rail system<\/a> \u2014 an electric, driverless, double-track system that boosts transportation efficiency \u2014 while the second agreement will explore setting up a solar-powered rail bus system. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>RTA is big on sustainable transportation: <\/strong>The RTA announced implementing a new initiative in December to boost the use of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/83d96caa-4880-43fc-a8cc-382d5188efab\" style=\"\" rel=\"noopener\">electric bikes<\/a> in the delivery sector. It also collaborated with the Ride-sharing app Careem to launch Dubai\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3ade326e-be7b-4667-a9cf-73331f2b154b\" style=\"\" rel=\"noopener\">first electric motorbike delivery fleet<\/a> in December. The authority is also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/5d4f1b1c-f157-4e88-810a-c4bd7b3d6c9e\" style=\"\" rel=\"noopener\">using AI to improve its public bus service<\/a> by shortening journeys, reducing fuel consumption, and increasing bus ridership using data gathered from smart cards, buses, and taxis.<\/p>\n<p class=\"tag-border-left\">WATER SCARCITY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will proceed with around 300 cloud seeding missions in 2024 to address water <\/strong><strong>scarcity and boost rainfall<\/strong>, an official at the UAE Research Program for Rain Enhancement Science National Center of Meteorology (NCM) told <a target=\"_blank\" href=\"https:\/\/english.alarabiya.net\/News\/gulf\/2024\/01\/18\/UAE-to-carry-out-hundreds-of-cloud-seeding-missions-in-2024-to-tackle-water-scarcity\" style=\"\" rel=\"noopener\">Al Arabiya<\/a> on Thursday. The UAE is likely to deploy around the same number of missions in 2024 depending on \u201camenable clouds\u201d availability, the official added. The UAE is testing several methods for the seeding process including using <a target=\"_blank\" href=\"https:\/\/www.sciencedirect.com\/topics\/agricultural-and-biological-sciences\/unmanned-aerial-vehicle\" style=\"\" rel=\"noopener\">U<\/a><a target=\"_blank\" href=\"https:\/\/www.sciencedirect.com\/topics\/agricultural-and-biological-sciences\/unmanned-aerial-vehicle\" style=\"\" rel=\"noopener\">nmanned Aerial Vehicles<\/a> for atmospheric charge dispersal and cloud measurement, coupled with AI trained on data from weather models.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong><a target=\"_blank\" href=\"https:\/\/www.dri.edu\/cloud-seeding-program\/what-is-cloud-seeding\/\" style=\"\" rel=\"noopener\">Cloud seeding<\/a> is infusing clouds with substances that <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/63654892-4e1b-4dc3-a6a2-8f1e5b3bf9f0\" style=\"\" rel=\"noopener\">help water molecules stick together<\/a> (like silver iodide) either by spraying it from a plane or shooting it up from the ground. The process can increase precipitation by 15% in turbid atmospheres, Al Arabiya explains. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Empower is in Chicago:<\/strong> District cooling firm <a target=\"_blank\" href=\"https:\/\/www.empower.ae\/\" style=\"\" rel=\"noopener\">Emirates Central Cooling Systems<\/a><a target=\"_blank\" href=\"https:\/\/www.empower.ae\/\" style=\"\" rel=\"noopener\">Corporation<\/a> (Empower) is attending the <a target=\"_blank\" href=\"https:\/\/ashrae.org\/conferences\/ashrae-conferences\" style=\"\" rel=\"noopener\">American Society of Heating, Refrigerating and Air-Conditioning Engineers<\/a> (Ashrae) conference in Chicago currently taking place and concluding on Wednesday, 24 January, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/1\/1553.pdf\" style=\"\" rel=\"noopener\">DFM disclosure (pdf)<\/a>. The company plans to finalize an agreement related to refining the <a target=\"_blank\" href=\"https:\/\/www.ashrae.org\/technical-resources\/bookstore\/district-heating-and-cooling-guides\" style=\"\" rel=\"noopener\">district cooling guide<\/a> which it <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/432198fb-16e1-41a3-a21a-ce7a41387c69\" style=\"\" rel=\"noopener\">discussed with Ashrae at COP28<\/a>.<\/p>\n<p class=\"tag-border-left\">GREEN FINANCE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt <\/strong><strong>moves forward with smart grid program:<\/strong> Egypt and Germany have approved co-financing a smart grid program as part of Egypt\u2019s Nexus of Water-Food-Energy (NWFE) program, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0d8hqs7AQ77FRcU8gDX1PmpFvB1AgtATJ7DqTpaUovcT114KRo6ZnycWgEsbDkz8il\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The project will add 450 MW to the Abis power station to stabilize the grid after low-efficiency plants are retired and strengthen the grid to better support the transfer of renewable energy produced from the Red Sea region to the northern coast. The financial details of the co-financing were not disclosed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the works: <\/strong>Egypt signed off in October on a tranche of the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ad2094d0-5801-44d5-91cd-2cc33e08cc38\" style=\"\" rel=\"noopener\">EUR 54 mn<\/a> debt swap agreement with Germany, out of the EUR 104 mn allocated to Egypt's energy transition under the NWFE program. Germany's KfW Development Bank also signed two development financing agreements totalling <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/908c82df-aa17-45a9-b179-b9ac2e74b97c\" style=\"\" rel=\"noopener\">EUR 76 mn<\/a> with Egypt's International Cooperation Ministry to be allocated to renewable energy and smart grid projects earlier this month. <\/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\">WASTE MANAGEMENT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EGA launches Yalla Return initiative: <\/strong>Emirates Global Aluminum (EGA) and waste management company Nadeera launched a recycling initiative to support communities living near EGA\u2019s Jebel Ali plant, according to a <a target=\"_blank\" href=\"https:\/\/media.ega.ae\/ega-and-nadeera-launch-recycling-solution-in-communities-near-ega-plant\/\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The <a target=\"_blank\" href=\"https:\/\/www.nadeera.org\/yalla-return\" style=\"\" rel=\"noopener\">Yalla Return<\/a> mobile application is linked to tech-enabled waste bins and aims to incentivize recycling and boost community engagement by <a target=\"_blank\" href=\"https:\/\/yallareturn.com\/redeem\" style=\"\" rel=\"noopener\">offering rewards<\/a> in exchange for the amount of materials recycled. Nearly 4k households are set to benefit from the program.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The aluminum producer <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e1e65a52-2469-4ea8-903c-d6ebcc50244d\" style=\"\" rel=\"noopener\">launched an Aluminium Recycling Coalition<\/a> last week to promote aluminum repurposing activities in the UAE. The coalition will include UAE firms Abu Dhabi Waste Management Company (Tadweer) and Bee\u2019ah Tandeef. <\/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\">GREEN INDUSTRY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Waste heat recovery project kicks off in Egypt: <\/strong>German cement manufacturer Heidelberg Materials\u2019 launched its new waste heat recovery project at the company\u2019s plant in Helwan, Egypt, <a target=\"_blank\" href=\"https:\/\/bit.ly\/47DNlIY\" style=\"\" rel=\"noopener\">Al Alam Al Youm<\/a> reported Friday. Heidelberg Materials has <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/47ebc1d5-9d07-4b56-8156-b061d4e7f41e\" style=\"\" rel=\"noopener\">invested USD 30 mn<\/a> in the energy system which will supply 30% of the factory\u2019s electricity needs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt\u2019s ACC taps Redecam for dust emission control <\/strong><strong>project<\/strong><strong>: <\/strong>Egypt\u2019s <a target=\"_blank\" href=\"https:\/\/www.arabiancement.com\/\" style=\"\" rel=\"noopener\">Arabian Cement<\/a><a target=\"_blank\" href=\"https:\/\/www.arabiancement.com\/\" style=\"\" rel=\"noopener\">Company<\/a> (ACC) has tapped Italian air pollution control solutions firm Redecam Group to carry out a EUR 8 mn project aimed curbing dust output from ACC\u2019s factory in Suez, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/arabian-cement-company-unveils-groundbreaking-eco-initiative-xwvdx2ae\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The two-phase project will see ACC transition two of its production lines from <a target=\"_blank\" href=\"https:\/\/power.mhi.com\/products\/aqcs\/lineup\/dust-collector\" style=\"\" rel=\"noopener\">electrostatic precipitators<\/a> (main ESPs) usage to Redecam\u2019s <a target=\"_blank\" href=\"https:\/\/www.redecam.com\/bag-filters\/\" style=\"\" rel=\"noopener\">bag filters<\/a>. The project \u2014 targeted for completion within a year \u2014 is partially funded by the Egyptian Pollution Abatement Programme. ACC produces some 5 mn tons of cement annually, which is 8% of Egypt\u2019s output.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ACC is drafting up a decarbonization strategy:<\/strong> Back in November, the European Bank for Reconstruction and Development (EBRD) greenlit investments aimed at helping ACC develop its decarbonization roadmap with a focus on accelerating low-carbon cement production in Egypt. The cement company is already working on transitioning to clean energy, having <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/73809ece-7cd1-4f60-bf4d-f98530f2ac78\" style=\"\" rel=\"noopener\">signed an agreement<\/a> in 2022 for the 13.2 MW second phase of its solar plant in Suez, which aims to generate 10% of its operational energy needs.<\/p>\n<p class=\"tag-border-left\">SUSTAINABILITY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi works<\/strong><strong> with Uplink: <\/strong>KSA\u2019s Economy and Planning Ministry signed two agreements with the World Economic Forum\u2019s UpLink platform to mobilize global solutions to critical environmental and sustainability challenges, according to a <a target=\"_blank\" href=\"https:\/\/press.us9.list-manage.com\/track\/click?u=3f7bc576715ca1a70edef2788&id=e3931a5c95&e=8e5fca127e\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The agreements aim to spur investments for solutions related to ocean degradation, biodiversity loss, and the circular carbon economy. Uplink is a <a target=\"_blank\" href=\"https:\/\/press.us9.list-manage.com\/track\/click?u=3f7bc576715ca1a70edef2788&id=f5a7cd423c&e=8e5fca127e\" style=\"\" rel=\"noopener\">WEF initiative<\/a> that links entrepreneurs to investors and others in a bid to scale innovation technologies towards a more sustainable future.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>The latest agreement expands on the <a target=\"_blank\" href=\"https:\/\/press.us9.list-manage.com\/track\/click?u=3f7bc576715ca1a70edef2788&id=f6edbee219&e=8e5fca127e\" style=\"\" rel=\"noopener\">2022 MEP-UpLink partnership<\/a>, with initiatives such as 'Food Ecosystems in Arid Climate Challenge' and the 'Smarter Climate Farmers Challenge.'<\/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>Ma'aden <\/strong><strong>gets patent for decarbonization tech:<\/strong> Saudi Arabia\u2019s Ma'aden received a patent last week from the US Trademark and Patent Office for new technology that reduces emissions from phosphate production and recycles phosphogypsum, a byproduct of producing phosphate. (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/maadenksa\/posts\/pfbid0DMpS1TX4MK9Np9NuBHJ1df3RM46BbcwixzZzFBBaKxxzgxJWHiYjkHduTf4pReVJl\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>KSA + KAUST partner to boost environmental sustainability: <\/strong>Saudi Arabia signed a strategic partnership agreement with the King Abdullah University of Science and Technology (Kaust) to enhance innovation in environmental and agricultural science. (<a target=\"_blank\" href=\"https:\/\/www.arabnews.com\/node\/2445176\/business-economy\" style=\"\" rel=\"noopener\">Arab News<\/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\/cloud-seeding\/\">cloud seeding<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/electric-mobility\/\">electric mobility<\/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\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/waste-management\/\">waste management<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81893\" 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=\"81893\">\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\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/01\/22\/eu-investors-will-pump-usd-500-mn-to-shore-up-ev-battery-supply-chain\/\">\r\n                            EU investors will pump USD 500 mn to shore up EV battery supply chain                        <\/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\/22\/eu-investors-will-pump-usd-500-mn-to-shore-up-ev-battery-supply-chain\/\" 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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USD 544.5 mn) to launch a sustainability-focused fund in a bid to shore up rare earth supplies for EV battery production, company executives told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/eu-backed-investors-plan-500-mln-euro-battery-raw-materials-fund-2024-01-18\/\" style=\"\" rel=\"noopener\">Reuters<\/a> on Thursday. Demeter will act as the investment manager of the fund, with 70% of the funds funneled towards increasing production from mining, processing, refining, and recycling, the newswire explains. The companies are looking to secure reserves of lithium, nickel, cobalt, manganese, and graphite to establish a complete domestic battery value chain to boost the bloc's sovereignty in the face of a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ee92d3ef-4c07-433a-bfad-77f02db040e0\" style=\"\" rel=\"noopener\">Chinese-dominated<\/a> supply chain. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The EU has set out a target to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3bb8c619-a244-473c-ae68-ab9ac82121b0\" style=\"\" rel=\"noopener\">phase out fossil fuel-powered vehicles by 2035<\/a>, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f6479cae-8088-4aa8-92dd-8f4d017ec88d\" style=\"\" rel=\"noopener\">began in March<\/a> negotiations with the US on a transatlantic minerals supply agreement in a bid to counter Chinese supremacy in the critical minerals production industry. China controls about 28% of the world\u2019s lithium supplies \u2014 essential for EV battery manufacturing \u2014 and <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/chinas-rare-earths-dominance-focus-after-mineral-export-curbs-2023-07-05\/\" style=\"\" rel=\"noopener\">over 70%<\/a> of the world's rare earth production. The EU is looking to secure between 40-50% of its mineral demands through EBA, and plans to allocate EUR 7-8 bn toward its target, Reuters notes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER NEWS- EV stocks are at record lows: <\/strong>EV makers including Tesla, Rivian, Xpeng, Nio, Leapmotor, Fisker, and VinFast all either missed their annual production targets or experienced record low slumps in stock, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/newsletters\/2024-01-19\/ev-stocks-are-in-shambles-everywhere-you-look\" style=\"\" rel=\"noopener\">Bloomberg<\/a> writes. On Thursday, Tesla \u2014 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/edition\/am\/a8f4112f-f624-48eb-bebc-4ee01dfafc26\/Taqa-led%20consortium%20tapped%20to%20develop%20SAR%201.5%20bn%20solar-powered%20desalination%20plant%20in%20Saudi\" style=\"\" rel=\"noopener\">dethroned as top EV maker<\/a> for 4Q 2023 sales by China\u2019s BYD \u2014 saw its shares plummet to their lowest levels since 9 November, with its year-to-date loss of market capitalization reaching USD 116 bn. Similarly, Vietnamese EV maker VinFast saw its market cap drop from USD 190 bn to USD 13 bn over a five-month period, China-based Nio\u2019s US-listed stakes are at their lowest levels since June 2020, and Volvo-affiliated EV manufacturer Polestar saw its valuation <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-01-18\/seb-slashes-target-on-volvo-car-with-polestar-assigned-no-value\" style=\"\" rel=\"noopener\">scrubbed<\/a> by bank analysts last week on the back of weak preliminary returns, Bloomberg notes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- PIF-backed US EV maker Lucid is also underperforming:<\/strong> Last week Lucid <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/bf85e495-a9bc-408a-b618-6a63aa63ef0d\" style=\"\" rel=\"noopener\">reported a 10% y-o-y fall<\/a> in deliveries to a record low of 1.73k vehicles in 4Q 2023 due to weak customer demand. The automaker\u2019s production has also fallen 31% to y-o-y to 2.4k units in the same quarter, and saw its shares fell 38% last year. <\/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\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/battery\/\">battery<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/critical-minerals\/\">critical minerals<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/eu\/\">EU<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/evs\/\">EVs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/lucid\/\">Lucid.<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/mining\/\">MINING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/tesla\/\">Tesla<\/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=\"81895\" 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\/22\/81895\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81895\" class=\"content-area-description single-story post-81895 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>22-25 January (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/energysaving.ir\/En\" style=\"\">Iran International Renewable Energy and Energy Efficiency Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Tehran, Iran. <\/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 style=\"font-weight:400;\">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 style=\"\">28-29 April (Sunday-Monday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.weforum.org\/press\/2024\/01\/annual-meeting-2024-rebuilding-trust-amid-uncertainty\/\" style=\"\">Global Cooperation, Growth and Energy for Developmen<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.weforum.org\/press\/2024\/01\/annual-meeting-2024-rebuilding-trust-amid-uncertainty\/\" style=\"\">t,<\/a><\/span><span>Riyadh, KSA. <\/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>20-22 May (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.evinnovationsummit.com\/\" style=\"\">Electric Vehicle Innovation 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 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>Qatar\u2019s QIIB lists USD 500 mn green sukuk on the LSE | Oman launches USD 5 bn investment fund | More details on Amea Power\u2019s Mozambique solar plant<\/p>\n","protected":false},"featured_media":81876,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-81875","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"7604e541-9b1a-47eb-8ad3-03d558fc8b3d","teaser":"Qatar\u2019s QIIB lists USD 500 mn green sukuk on the LSE | Oman launches USD 5 bn investment fund | More details on Amea Power\u2019s 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