{"id":84616,"date":"2024-06-04T00:00:00","date_gmt":"2024-06-04T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=84616"},"modified":"2025-12-15T10:55:42","modified_gmt":"2025-12-15T10:55:42","slug":"morocco-and-south-korea-agree-to-cooperate-on-green-transition-efforts","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/morocco-and-south-korea-agree-to-cooperate-on-green-transition-efforts\/","title":{"rendered":"Morocco and South Korea agree to cooperate on green transition efforts"},"content":{"rendered":"<section id=\"84618\" 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=\"84618\">\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\/06\/04\/today-morocco-south-korea-agree-to-cooperate-on-green-transition\/\">\r\n                            TODAY: Morocco + South Korea agree to cooperate on green 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\/06\/04\/today-morocco-south-korea-agree-to-cooperate-on-green-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(); 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The researchers estimate climate change driven factors intensified the natural event by 6-9%. Last month\u2019s flooding in Rio Grande do Sul was the worst natural disaster in the region\u2019s history, causing the displacement of almost 580k residents and leading to over 170 fatalities.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story got ink in <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/environment\/climate-change-made-devastating-brazil-floods-twice-likely-scientists-say-2024-06-03\/\" style=\"\" rel=\"noopener\">Reuters<\/a><\/strong><strong>, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/06\/03\/climate\/brazil-floods-climate-change.html\" style=\"\" rel=\"noopener\">The New York Times<\/a><\/strong><strong>, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-06-03\/climate-change-made-deadly-brazil-floods-twice-as-likely-study-finds\" style=\"\" rel=\"noopener\">Bloomberg<\/a><\/strong><strong>, and <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/article\/2024\/jun\/03\/devastating-brazil-floods-made-twice-as-likely-by-burning-of-fossil-fuels-and-trees\" style=\"\" rel=\"noopener\">The Guardian<\/a><\/strong><strong>.<\/strong><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p class=\"tag-border-left\">HAPPENING TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/bondsloans.com\/events\/middle-east\" style=\"\" rel=\"noopener\">Bonds, Loans &amp; Sukuk Middle East<\/a><\/strong><strong> event is kicking off today in Dubai and will conclude tomorrow. <\/strong>Billed as the Middle East's largest corporate and investment banking event, it serves as a key meeting point for those active in the region's capital markets. Over 1.4k governments, corporates, investors, banks, law firms, regulators and service providers as well as more than 75 expert speakers will be in attendance. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/bew.az\/\" style=\"\" rel=\"noopener\">Baku Energy Week<\/a><\/strong><strong> kicks off today in Azerbaijan and will run through to Thursday. <\/strong>Around 300 companies \u2014 including <a target=\"_blank\" href=\"https:\/\/x.com\/Masdar\/status\/1797566055256145922\" style=\"\" rel=\"noopener\">UAE\u2019s Masdar<\/a> \u2014 from 37 countries will participate in the Caspian International Energy conference and Green Energy Exhibition, discussing issues like energy security, energy production, and transportation. Baku will host COP29 this year.<\/p>\n<p class=\"tag-border-left\">COP WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>COP28 assembles technical group: <\/strong>The COP28 presidency has announced the launch of a Technical Cooperation Collaborative (TCC) group aimed at helping countries deliver the objectives of the <a target=\"_blank\" href=\"https:\/\/www.cop28.com\/en\/food-and-agriculture\" style=\"\" rel=\"noopener\">COP28 Declaration on Food and Agriculture<\/a>, according to a <a target=\"_blank\" href=\"https:\/\/www.cop28.com\/en\/news\/2024\/06\/COP28-Presidency-launches-technical-group\" style=\"\" rel=\"noopener\">press release<\/a>. The declaration \u2014 which calls on the protection of vulnerable populations and addresses the relationship between food systems and climate change \u2014 was endorsed by 159 countries which account for 80% of the world's agricultural GDP. The TCC was founded by several partners including Italy, the United States, the United Kingdom, and the World Bank at the Bonn Climate Change Conference, which kicked off yesterday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There\u2019s a lot riding on the Bonn conference: <\/strong>Countries \u201ccannot afford to stumble\u201d during current talks in Bonn in order to make \u201cserious progress on finance,\u201d head of the UN Framework Convention on Climate Change Simon Stiell said in a <a target=\"_blank\" href=\"https:\/\/unfccc.int\/news\/simon-stiell-opening-speech-we-can-t-afford-rest-stops-detours-or-stumbles-at-this-halfway-point-in\" style=\"\" rel=\"noopener\">speech<\/a>. The conference marks the halfway point to COP29 and the first climate talks since COP28, according to the <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/climate\/2024\/06\/03\/un-calls-for-serious-progress-in-finance-at-first-climate-change-talks-since-cop28\/\" style=\"\" rel=\"noopener\">National<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What to expect at Bonn<\/strong><strong>:<\/strong> Around 6k delegates from <a target=\"_blank\" href=\"https:\/\/unric.org\/en\/several-key-issues-to-watch-at-the-bonn-climate-conference\/#:~:text=The%20Bonn%20Climate%20Conference%2C%20also,on%20Climate%20Change%20(UNFCCC).\" style=\"\" rel=\"noopener\">almost 200 countries<\/a> have come together for the Bonn conference which will run until 13 June. The talks conducted at the event set the stage for the upcoming COP29 while establishing means of monitoring the implementation of the agreements made at the previous COP. Main topics of discussion will include climate finance, action and adaptation plans, submission of transparency reports, and how to phase out fossil fuels.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Will history repeat itself? <\/strong>Last year\u2019s conference ended with diplomats making progress on <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/08471c12-5188-48b4-8e1d-53099149d52e\/\" style=\"\" rel=\"noopener\">setting an agenda<\/a>, but failing to take robust climate action. The outcome of the talks, which saw countries only able to agree on an agenda on the second-to-last day, saw a notable omission of the \u201cmitigation work program,\u201d which would have opened talks on how to accelerate emission cuts and raise funds to help developing countries deploy clean energy. The conclusion of the conference foreshadowed the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c9395f65-e732-45c9-b18a-a22c63736c0d\/%253cmark%253ecop28%253c%2Fmark%253e%25e2%2580%2599s-adopted-text-sees-nations-agreeing-to-transition-away-from-fossil-fuels-instead-of-phase-out\" style=\"\" rel=\"noopener\">controversial ending<\/a> of COP28. <\/p>\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>#1- Egypt\u2019s government is reportedly <\/strong><strong>mulling plans<\/strong><strong> to put in place a new tax on carbon emissions from petroleum products<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/amp\/article\/64436\" style=\"\" rel=\"noopener\">Asharq Business<\/a> reported, citing a 7-year tax policy document it has seen. The proposed tax will be based upon the \u201ccost of environmental damage\u201d \u2014 i.e, a direct tax on emissions \u2014 and not the quantity of petroleum products as done currently.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why now?<\/strong> The proposed tax comes in response to the EU\u2019s Carbon Border Adjustment Mechanism (CBAM) that is set to fully <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/dac41906-1485-42fe-b103-9d11a851945c\/today:-the-uae%25e2%2580%2599s-blue-carbon-is-spending-usd-1.5-bn-in-carbon-offsets-in-zimbabwe-%2B-the-eu-just-rolled-out-the-world%25e2%2580%2599s-first-co2-border-tax\" style=\"\" rel=\"noopener\">go into effect<\/a> starting 2026, which could have a considerable impact on Egypt\u2019s exports \u2014 particularly from the country\u2019s notoriously energy-intensive steel, aluminum, cement, and fertilizer industries. The carbon border tax will make up the difference between the local carbon price \u2014 if there is one \u2014 and the EU\u2019s carbon price, meaning that if Egypt doesn\u2019t tax the carbon on EU-bound imports, the EU will. .<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The gov\u2019t says you shouldn\u2019t believe everything you read: <\/strong>The tax policy document for 2024-2030 circulating on social media is a months-old \u201cinitial concept\u201d that has now gone through revisions, Egyptian Finance Minister Mohamed Maait clarified in a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0291HrS7v4vceeLHza8bBYWskEXKYc8GB1Ntua2efYMRKo4J9bUyYhipdpPLN6KqX7l\" style=\"\" rel=\"noopener\">statement<\/a>. The document laying out new taxation policies is still in the works and will be opened up for community dialogue in the \u201ccoming weeks.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>#2- Key construction on Oman\u2019s Manah 1 solar farm underway: <\/strong>Wadi Noor Solar Power Company \u2014 a consortium comprising French power utility EDF Renewables and Korea Western Power (Kowepco) \u2014 will begin installing the solar PV modules for its 500 MW Manah 1 Solar project in Oman next month, <a target=\"_blank\" href=\"https:\/\/www.omanobserver.om\/article\/1154550\/business\/energy\/manah-1-solar-power-project-set-to-enter-key-construction-phase\" style=\"\" rel=\"noopener\">Oman Daily Observer<\/a> reports. The plant \u2014 under construction since September \u2014 is set to begin commercial operations by <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/bf85e495-a9bc-408a-b618-6a63aa63ef0d\/today:-saudi-arabia-signs-spate-of-mining-agreements-worth-usd-20-bn\" style=\"\" rel=\"noopener\">1Q 2025<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> Over 1 mn panels \u2014 which are being imported from Chinese manufacturer <a target=\"_blank\" href=\"https:\/\/jasolar.com\/html\/en\/\" style=\"\" rel=\"noopener\">JA Solar<\/a> \u2014 are currently arriving at the project site, and are expected to be installed over the next few months. The panel\u2019s supporting structures are currently being built on a 7.8 sqkm plot of land where the station will be located, consortium CEO Yahya al Rawahi told the Observer adding that the consortium aims to source at least 20% of goods and services locally during the EPC phase, including local workforce employment and subcontracting. A new 400-kilovolt grid station in Manah <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c5251960-9712-4097-8211-97857a2bb677\/green-mobility-and-infrastructure-updates-from-uae,-oman-and-saudi-arabia\" style=\"\" rel=\"noopener\">already began operating<\/a> last month to support the solar project.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the tech: <\/strong>The project will use <a target=\"_blank\" href=\"https:\/\/www.solarpowerworldonline.com\/2018\/04\/what-are-bifacial-solar-modules\/\" style=\"\" rel=\"noopener\">bifacial modules<\/a>, which are able to generate power from both their top and bottom faces, CEO of Wadi Noor Solar Power Company \u2014 the company developing the project \u2014 Yahya al Rawahi told the Observer. \u201cThere are 2 bin class capacities for the Manah 1 project: 585 W and 590 W modules. The PV modules will be mounted on single axis trackers to maximize power generation throughout the day,\u201d he said. The modules will also use automated single-axis trackers and cleaning robots.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong><strong>Oman\u2019s Manah 1 reached financial close earlier this year:<\/strong> The consortium said it had <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/bf85e495-a9bc-408a-b618-6a63aa63ef0d\/today:-saudi-arabia-signs-spate-of-mining-agreements-worth-usd-20-bn\" style=\"\" rel=\"noopener\">reached financial close<\/a> on the Manah 1 project back in January. The project's funding will be obtained from local and foreign banks, including Korea\u2019s Export-Import Bank, Soci\u00e9t\u00e9 G\u00e9n\u00e9rale, and Muscat Bank, which it secured USD 301.8 mn from last month. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Existing <\/strong><strong>fossil fuel projects are sufficient to meet the growing global energy need,<\/strong> according to a <a target=\"_blank\" href=\"https:\/\/www.science.org\/stoken\/author-tokens\/ST-1888\/full\" style=\"\" rel=\"noopener\">new study<\/a> by the University College London and the <a target=\"_blank\" href=\"https:\/\/www.iisd.org\/\" style=\"\" rel=\"noopener\">International Institute for Sustainable Development<\/a>. The research calls for the cessation of new projects suggesting that existing oil, gas, and coal reserves are sufficient as the global energy sector pivots towards renewable sources, aligning with the 1.5 \u00b0C target. \u201cThe study is the first peer-reviewed paper published in a scientific journal to argue that no more fossil fuel projects are needed as renewable energy sources take up the demand,\u201d according to FT.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>So what can be done? <\/strong>The researchers argue that stopping new projects is more feasible economically, politically, and legally than shutting down existing ones. They suggest that governments should implement bans on new fossil fuel projects and that civil society should advocate for these bans. This approach would foster the establishment of a global \u2018No New Fossil\u2019 norm. While the International Energy Organization has made similar conclusions on ceasing oil production, Big Oil leaders including Aramco still believe that global oil demand <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3e08a588-1d47-454e-9cb2-a64b30187193\/today:-more-funding-for-egypt%25e2%2580%2599s-green-transition-%2B-masdar-is-reportedly-eyeing-an-indian-acquisition\" style=\"\" rel=\"noopener\">won\u2019t peak soon<\/a>. <\/p>\n<p class=\"tag-border-left\">DANGER ZONE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Climate-vulnerable countries face doubling debt payments since pandemic:<\/strong> Debt payments by the 50 countries most vulnerable to climate change have doubled since the coronavirus pandemic, reaching their highest levels in over 30 years, according to <a target=\"_blank\" href=\"https:\/\/debtjustice.org.uk\/press-release\/climate-vulnerable-countries-debt-payments-highest-in-three-decades\" style=\"\" rel=\"noopener\">research<\/a> by UK-based organization Debt Justice. These countries will spend four times more on external debt payments in 2024 than in 2010, significantly hindering their ability to invest in climate emergency measures.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Urgent debt relief is needed: <\/strong>These nations now spend 15.5% of government revenues on external debt, up from less than 8% before the pandemic and 4% in 2010, Debt Justice found using data from the World Bank and the International Monetary Fund. Of the debt payments made by these countries, 38% are to private lenders, 35% to multilateral institutions, 14% to China, and 13% to other governments. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s behind the debt crisis?<\/strong> The end of pandemic debt suspension, a rise in global interest rates, and the strong USD magnifying the size of external debt payments (which are primarily owed in USD), have caused the new debt crisis for climate-vulnerable countries. <\/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\">***<br \/><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 in Cairo and Riyadh and 11am in the 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\">Want to subscribe? <strong>Get your own <\/strong><strong><a target=\"_blank\" href=\"https:\/\/climate.enterprise.news\/user\/subscribe-details\" style=\"\" rel=\"noopener\">subscription without charge here<\/a><\/strong> or reach out to us on <a target=\"_blank\" href=\"mailto:climate@enterprisemea.com\" style=\"\" rel=\"noopener\">climate@enterprisemea.com<\/a> with comments, suggestions and story tips.<br \/><strong>***<\/strong><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>CIRCLE YOUR CALENDAR- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Turkey will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/eem24.khas.edu.tr\/\" style=\"\" rel=\"noopener\">International Conference on European Energy Market<\/a><\/strong><strong> from Monday, <\/strong><strong>10 June to Wednesday, 12 June<\/strong> in Istanbul. The three-day event will gather experts from scientific, industry, and policy sectors for discussions on various energy market-related topics. The conference covers themes including energy modeling, market design, regulatory policies, and climate change.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Morocco will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.netzerocircle.org\/event\/morocco-energy-week\" style=\"\" rel=\"noopener\">Morocco Energy Week Summit<\/a><\/strong><strong> from Tuesday, 11 June to <\/strong><strong>Thursday, 12 June<\/strong> in Marrakech. The event will gather Morocco's leading energy players, companies and developers alongside financiers and implementation experts to discuss the country\u2019s green transition.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Spain will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.europe.gh2events.com\/\" style=\"\" rel=\"noopener\">Connecting Green Hydrogen Europe<\/a><\/strong><strong> conference from <\/strong><strong>Tuesday, 25 June to Thursday, 27 June<\/strong> in Madrid. The event will see around 5k attendees including industry leaders, energy ministers, and executives to explore solutions, new technologies, and transformative advancements to advance the hydrogen industry.<\/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:\/\/gemtechforum.com\/\" style=\"\" rel=\"noopener\">Global EV and Mobility Tech Forum<\/a><\/strong><strong> from Wednesday, 10 July to <\/strong><strong>Thursday, 11 July <\/strong>in Riyadh. The event will bring together policymakers, NGOs, and startups. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar on the web<\/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\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84620\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n      <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n        <span class=\"has-primary-color stk-highlight\"> This publication is proudly sponsored by<\/span>\r\n    <\/h4>\r\n\r\n    <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide mx-auto\">\r\n        <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/25497.png?ssl=1\">\r\n        <div class=\"overlay\"><\/div>\r\n        <div class=\"content\">\r\n            <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/25398.svg\" alt=\"\">\r\n            <\/a>\r\n            <span>Opening up a world of opportunity<\/span>\r\n        <\/div>\r\n    <\/div>\r\n\r\n      <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84621\" 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=\"84621\">\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\">CLIMATE DIPLOMACY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/06\/04\/morocco-and-south-korea-agree-to-cooperate-on-green-transition-efforts\/\">\r\n                            Morocco and South Korea agree to cooperate on green transition efforts                        <\/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\/06\/04\/morocco-and-south-korea-agree-to-cooperate-on-green-transition-efforts\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The agreement will see them cooperate to reduce emissions, tackle the impacts of climate change, and transition to a low-carbon economy. They also signed an agreement for loans from the <a target=\"_blank\" href=\"https:\/\/www.edcfkorea.go.kr\/index\" style=\"\" rel=\"noopener\">Korean Economic Development Cooperation Fund<\/a> to finance mutually agreed upon future projects. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Morocco\u2019s current target is set <\/strong><strong>to <\/strong><strong><a target=\"_blank\" href=\"https:\/\/climatepromise.undp.org\/what-we-do\/where-we-work\/morocco\" style=\"\" rel=\"noopener\">unconditionally slash emissions by 18.3%<\/a><\/strong><strong> by 2030<\/strong> compared to business as usual, and the country has a conditional target to reduce emissions by 45.5% reduction by 2030 compared to business as usual.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The scorecard:<\/strong> Morocco has some work to do in reducing energy use and improving climate policy, according to a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/636771f2-c08c-471f-a205-05d20e787438\" style=\"\" rel=\"noopener\">recent Climate Change Performance Index<\/a>. The kingdom \u2014 considered a high performing country \u2014 scored well on the first two categories \u2014 greenhouse gas emissions and renewables \u2014 but only average on the latter two \u2014 energy use and climate policy. The country still consumes and imports a lot of fossil fuels but is growing their renewable energy shares at the same time. However, energy prices are high and users of solar energy are excluded from the power grid.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Morocco\u2019s Ministry of Energy Transition and Sustainable Development is developing a MAD 19 bn (c. USD 1.91 bn) draft program for the prevention and control of industrial pollution, Minister of Energy Transition and Sustainable Development Laila Benali <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/1379c3a7-26ab-4f72-8790-3d9d944055db\" style=\"\" rel=\"noopener\">said last week<\/a>, and the kingdom has plans to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/dea47c93-5840-490e-b540-d5a18df10b93\" style=\"\" rel=\"noopener\">add 6.5 GW of renewable energy<\/a> to the country\u2019s 11 GW total installed energy capacity by 2027.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There\u2019s other green cooperation efforts in play: <\/strong>Morocco\u2019s Mohammed VI Polytechnic University and the French National Research Institute for Agriculture, Food and Environment <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a05fcf29-8f79-4b72-8751-c044b0bc57c2\" style=\"\" rel=\"noopener\">signed a letter of intent<\/a> in April to establish an international lab focused on the valorization of biomass, organic waste, and microalgae for the production of energy, animal feed, and fertilizers. The North African country and Sierra Leone also agreed to a new cooperation roadmap for 2024-2026, focusing on areas including trade, agriculture, and renewable energy.<\/p>\n<p class=\"tag-border-left\">IN OTHER MOROCCO NEWS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tarik Moufaddal (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/tarik-moufaddal-07b35221\/?originalSubdomain=fr\" style=\"\" rel=\"noopener\">LinkedIn<\/a><\/strong><strong>) has been tapped as the new President and CEO of the <\/strong><strong>Moroccan Agency for Sustainable Energy (Masen)<\/strong>, according to <a target=\"_blank\" href=\"https:\/\/www.moroccoworldnews.com\/2024\/06\/363003\/who-is-tarik-moufaddal-masens-new-ceo\" style=\"\" rel=\"noopener\">Morocco World News<\/a>. He holds a Masters degree in Science from the Ecole des Mines in Paris and an engineering diploma from the Ecole Mohammadia d'Ingenieurs. Moufaddal previously held roles at TotalEnergies, including Director of Mobility Solutions for France and General Manager of TotalEnergies Tanzania. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Masen\u2019s recent activities:<\/strong> Masen <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b3602861-0e8e-41e8-a734-9fa0969f132a\/morocco-to-begin-operating-two-wind-farms-in-1h-2024\" style=\"\" rel=\"noopener\">completed renovations<\/a> in March on the 100 MW Nassim Koudia wind plant and finished construction on the 270 MW Jbel Lahdid farm, which together are set to contribute to the country\u2019s goal of 52% renewable energy by 2050. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-diplomacy\/\">CLIMATE DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/decarbonization\/\">decarbonization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/emissions\/\">emissions<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84623\" 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=\"84623\">\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\">The Macro Picture<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/06\/04\/the-world-wastes-at-least-1-bn-meals-per-day-un-finds\/\">\r\n                            The world wastes at least 1 bn meals per day, UN finds                        <\/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\/06\/04\/the-world-wastes-at-least-1-bn-meals-per-day-un-finds\/\" 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\/06\/04\/the-world-wastes-at-least-1-bn-meals-per-day-un-finds\/')\">\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\/06\/04\/the-world-wastes-at-least-1-bn-meals-per-day-un-finds\/\">\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=The world wastes at least 1 bn meals per day, UN finds&url=https:\/\/enterpriseam.com\/climate\/2024\/06\/04\/the-world-wastes-at-least-1-bn-meals-per-day-un-finds\/\">\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\/06\/04\/the-world-wastes-at-least-1-bn-meals-per-day-un-finds\/&title=The world wastes at least 1 bn meals per day, UN finds\">\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=The+world+wastes+at+least+1+bn+meals+per+day%2C+UN+finds+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F06%2F04%2Fthe-world-wastes-at-least-1-bn-meals-per-day-un-finds%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\/06\/04\/the-world-wastes-at-least-1-bn-meals-per-day-un-finds\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/923.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84624\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/06\/04\/the-world-wastes-at-least-1-bn-meals-per-day-un-finds\/923-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/923.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"923.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/923.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/923.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84623\" class=\"content-area-description single-story post-84623 post type-post status-publish format-standard has-post-thumbnail hentry category-the-macro-picture tag-egypt tag-morocco tag-saudi-arabia tag-the-macro-picture tag-tunisia 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\/6\/.1c33fe20-687e-4641-b1a7-874bccba798b.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About 1.05 bn tons of food were wasted around the world in 2022<\/strong>, according to the <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/4\/894.pdf\" style=\"\" rel=\"noopener\">UNEP Food Waste Index Report 2024 (pdf)<\/a>. Households were responsible for the majority of food waste at 60%, while food service and retail contributed 28% and 12%, respectively. Daily household food waste has been found to reach the equivalent of about 1 bn meals, with this estimate likely on the lower end of the actual number.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Food waste is \u201can environmental failure\u201d:<\/strong> Food waste accounts for 8% to 10% of global greenhouse gas (GHG) emissions worldwide, takes up the equivalent of 30% of agricultural land, and contributes to major biodiversity and habitat loss. Converting natural ecosystems for agricultural practices is the leading cause of habitat loss. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Increased food waste can raise temperatures: <\/strong>Per capita household food waste is positively correlated with average temperatures around the world, the report found. This trend persists across different income groups, except for low-income countries where data coverage is more sparse.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And hotter countries generate more waste: <\/strong>Several possible factors could contribute to the higher rates of household food waste in hotter countries, including that the majority of developing countries \u2014 which are more likely to cook from scratch compared to buying processed foods \u2014 are located in those hotter regions and therefore have a higher share of <a target=\"_blank\" href=\"https:\/\/intellidigest.com\/what-is-the-difference-between-edible-and-inedible-food-waste\/\" style=\"\" rel=\"noopener\">inedible waste<\/a>. Additionally, food spoils more quickly in warmer climates, and lack of access to infrastructure like refrigerators or cold chain facilities impacts food preservation and thus quantities of waste. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Most countries lack data to track progress on food waste:<\/strong> Only a few G20 countries \u2014 including Australia, Japan, the UK, the US, and the EU \u2014 have suitable food waste estimates and data to track progress towards Sustainable Development Goal <a target=\"_blank\" href=\"https:\/\/sdgs.un.org\/goals\/goal12#targets_and_indicators\" style=\"\" rel=\"noopener\">(SDG) 12.3<\/a> (to cut per capita global food waste at retail and consumer levels in half and reduce losses throughout the supply chain) by 2030. Brazil is also amongst the countries working on developing a reliable baseline to measure food waste, while the rest fall behind. However, as a collective of major economies, the G20, the G20 can influence global consumer behavior and encourage sustainable consumption if it sets an example and promotes waste reduction, the report argues.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Food waste is a major blow to the global economy too: <\/strong>The total cost of food waste and loss has reached over USD 1 tn per year, representing more than one-third of global food production. This waste also uses up over a quarter of the world's agricultural land, which could be used to expand farming practices and commodity supplies. This level of waste leads to food insecurity, affecting up to 783 mn people in 2022.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Urban areas are bigger contributors:<\/strong> Countries with data for both urban and rural areas often find less waste in rural regions, due to better recycling of food scraps in rural areas, according to the report. This poses problems for over half of the global population who reside in urban areas, especially as food waste is predicted to continue to rise in the future. Cities will therefore need much more support to develop similar circular food systems as rural areas, the report suggests, adding that public-private partnerships \u2014 collaboration between stakeholders from different stages of the supply chain \u2014 to address fragmentation in the food system are one of the most effective approaches and have shown to help reduce costs and food insecurity, the report concludes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How is our region faring? <\/strong>North African nations studied include Tunisia which produces 172 kg of waste annually per household, Egypt at 163 kg, Sudan at 116 kg, Algeria at 113 kg, Morocco at 113 kg, and Libya at 84 kg. Estimates for Northern Africa, are based on data that was identified from three countries with a total of eight data points, six of which come from across six different regions in Egypt.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE is planning to cut food waste in half by 2030:<\/strong> The goal to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f3697fff-ca89-47d7-b926-18d877943d4f\/infinity-and-sodic-partner-on-charging-stations,-ebrd-gives-arabian-cement-company-a-decarbonization-boost,-and-the-uae-aims-to-halve-its%253cmark%253e-food-waste-%253c%2Fmark%253eby-2030\" style=\"\" rel=\"noopener\">halve food waste by 2030<\/a> was set by UAE's food loss and waste initiative Ne'ma established in 2022. The initiative works on coordinating with government agencies, the private sector, non-government organizations and civil society to achieve its goal.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>KSA is also tackling its waste issue:<\/strong> Saudi Arabia, the world\u2019s largest producer of food waste, intends to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c407399b-fa99-418e-8736-2dd4814becee\/ksa-plans-to-recycle-up-to-95%2525-of-its-waste-as-it-cracks-down-on-its-global-rankings\" style=\"\" rel=\"noopener\">recycle up to 95% of its waste<\/a> compared to its current rate of 3-4%, which is one of the lowest in the world. The new targets will see the Environment, Water and Agriculture Ministry (MEWA) recycling c. 100 mn tons of waste annually and is forecast to add SAR 120 bn to the GDP. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/morocco\/\">Morocco<\/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\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/tunisia\/\">Tunisia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/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=\"84625 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=\"84625\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/06\/04\/84625\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84625\" class=\"content-area-description single-story post-84625 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/weareiph.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2441.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84626\" 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=\"84626\">\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\">ENTERPRISE EXPLAINS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/06\/04\/enterprise-explains-what-is-holding-back-wider-saf-adoption\/\">\r\n                            Enterprise Explains: What is holding back wider SAF adoption?                        <\/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\/06\/04\/enterprise-explains-what-is-holding-back-wider-saf-adoption\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The report predicts that SAF production will triple this year to 1.9 bn liters or 0.53% of aviation's fuel needs \u2014 but how is our region faring in the switch to SAF and what\u2019s holding us back?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong>SAF is an alternative fuel made from non-petroleum feedstocks \u2014 raw materials or biomass other than the traditional crude oil \u2014 that is chemically and physically identical to conventional jet fuel, according to a previous IATA <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/6\/218.pdf\" style=\"\" rel=\"noopener\">report (pdf)<\/a>. Since it is a drop-in fuel \u2014 meaning it can be used in the existing fuel systems \u2014 SAF bypasses concerns of incompatibility with existing fuelling infrastructure and can be blended at levels between 10-15%. The feedstocks used to create SAF can vary from cooking oil, waste, and plant oil with more possibilities being developed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Lots of gains ahead: <\/strong>SAF can greatly reduce air transportation emissions by up to 94% during its life cycle compared to standard aviation fuel depending on the feedstock and technology used, says the <a target=\"_blank\" href=\"https:\/\/afdc.energy.gov\/fuels\/sustainable-aviation-fuel#:~:text=Sustainable%20aviation%20fuel%20(SAF)%20is,reduces%20emissions%20from%20air%20transportation\" style=\"\" rel=\"noopener\">US Alternative Fuels Data Center (AFDC)<\/a>. SAF can also attract private sector investment, create jobs, and promote economic growth, CEO of International Airlines Group Luis Gallego wrote in an article for the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/883aa061-c2d5-4fe7-b0d8-3445b97ffcd4\" style=\"\" rel=\"noopener\">Financial Times<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tackling a high polluter: <\/strong>Aviation accounts for 2% of worldwide CO2 emissions and 12% of emissions from transportation, the AFDC added. In recent decades, aviation emissions have grown faster than those of rail, road, and shipping, according to the <a target=\"_blank\" href=\"https:\/\/www.iea.org\/energy-system\/transport\/aviation\" style=\"\" rel=\"noopener\">International Energy Agency<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A global push is happening: <\/strong>Multiple federal agencies came together in 2021 to announce <a target=\"_blank\" href=\"https:\/\/www.energy.gov\/eere\/bioenergy\/sustainable-aviation-fuel-grand-challenge\" style=\"\" rel=\"noopener\">The Sustainable Aviation Fuel Grand Challenge<\/a> to expand domestic consumption of SAF to 3 bn gallons in 2030 and 35 bn gallons in 2050 to reduce life cycle emissions by 50%. Governments similarly came together through the International Civil Aviation Organization (ICAO) to set a target of 5% international aviation emissions reduction by 2030 up from the current 3%. In the EU, all airports will be required to use SAF blends at a minimum of 2% by 2025 to be increased to 70% by 2050, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/261dfe0b-d136-480f-b16a-c70bdadb32c1\" style=\"\" rel=\"noopener\">Financial Times<\/a> reported. Public support for SAF is also high, with 86% of travelers in favor of government incentives and prioritization by oil companies. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some players are already jumping on the bandwagon: <\/strong>Virgin Atlantic became the <a target=\"_blank\" href=\"https:\/\/corporate.virginatlantic.com\/gb\/en\/media\/press-releases\/virgin-atlantic-flight100-saved-95-tonnes-of-co2.html\" style=\"\" rel=\"noopener\">first commercial airline<\/a> to fly a transatlantic flight fully powered by SAF last month. Airbus and Boeing committed to having their planes be exclusively powered by SAF by 2030. The demand for SAF is highest in Europe due to the threat of fines, but production would be the most efficient in the US and other cheaper energy producing countries, Roland Bereger\u2019s global lead for sustainable aviation Nikhil Sachdeva told FT. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The region has been active: <\/strong>Omani OQ Group\u2019s green unit OQ Alternative Energy <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b774ae97-a9f4-4707-b0c2-f0edfc7d1194\/oq-alternative-energy-to-explore-producing-e-fuels-in-oman\" style=\"\" rel=\"noopener\">signed two agreements<\/a> to explore developing e-fuels for technical and commercial viability in Oman on Saturday. Emirates Airline recently purchased over <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b5adece2-c9cd-4d7a-85bd-29bb969f2063\/emirates-incorporates%253cmark%253e-saf%253c%2Fmark%253e-in-london-heathrow-flights\" style=\"\" rel=\"noopener\">3k tons of SAF<\/a> from Shell Aviation at the London Heathrow Airport to fuel some of its flights until the end of the summer. In partnership with Finnish oil refining company Neste, the airline also began supplying over 2 mn gallons of SAF \u2014 including 1 mn gallons of pure SAF \u2014 for its flights departing from Amsterdam Schiphol Airport throughout this year with plans to introduce the alternative fuel to Singapore Changi Airport in the coming months. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>That\u2019s not all for the Emirates: <\/strong>Dubai Municipality signed an agreement with UAE turbine and aviation fuel supplier Enoc Marketing, Belgium\u2019s Besix, and Japan's Marubeni Middle East and Africa Power to produce SAF from solid municipal waste, organic waste, and green hydrogen from sewage treatment back in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b1c19697-3f23-4e8a-82f4-2770e4127785\/dubai-municipality-inks-mou-to-produce-saf-through-waste\" style=\"\" rel=\"noopener\">February<\/a>. Enoc also signed an MoU with Neste to explore avenues for the purchase and supply of sustainable aviation fuels both in the UAE and the wider MENA region back in November 2023. The UAE has set a goal under its National Policy on Biofuels to produce 700 mn liters of SAF and reach net zero by 2050.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt\u2019s making moves of its own: <\/strong>US multinational conglomerate Honeywell in partnership with the European Bank for Reconstruction and Development said it will complete a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e56da64d-1c1e-443c-86ea-e13c7275fbc5\/today:-more-mining-in-ksa-%2B-good-news-for-green-hydrogen-in-mena\" style=\"\" rel=\"noopener\">feasibility study<\/a> over the months following March for a proposed sustainable aviation fuel production facility in Egypt. Egypt said the SAF studies had begun earlier this month to implement Egypt's first SAF project using used cooking oil.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s getting in the way of larger adoption? <\/strong>Despite its promising nature, SAF still only makes up less than 0.1% of global jet fuel volumes and is three times as expensive, FT added. There are several reasons for this \u2014 for one, it's hard to convince investors to back alternative fuel projects because their time horizons are long (20-25 years) but airlines typically avoid offtake agreements that are longer than 10 years, Sachdeva added. Potential stakeholders in the UK blame the government for not giving sufficient support that would give them the green light to start building SAF plants. Other obstacles include low production capacity, infrastructure for production, transportation, and storage needing development, and the lack of a regulatory standard making the industry notoriously difficult to decarbonize, CEO of Fathopes Energy Vinesh Sinha <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/pulse\/current-status-future-prospects-sustainable-aviation-fuel-sinha-jy1fc\/\" style=\"\" rel=\"noopener\">said<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Next steps: <\/strong>Updated policies are necessary to boost SAF production. Governments can support SAF by diversifying feedstocks, co-processing renewable feedstocks in existing refineries, incentivizing the shift from diesel to SAF production, and boosting investments in renewable fuel production, the IATA states. Achieving the ICAO\u2019s goal will require about 27% of renewable fuel production capacity to be SAF. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Plans might shift in the long-term: <\/strong>Hydrogen and electric-powered aircrafts are also touted as key technological advancements to achieve net zero emissions by 2050, but there is a long way to go before they become commercially viable, according to FT. SAF is the more viable near-term solution, but there are hopes to create synthetic SAF by combining carbon dioxide from the air with green hydrogen in the long term. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/enterprise-explains\/\">ENTERPRISE EXPLAINS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/sustainable-aviation-fuels\/\">sustainable aviation fuels<\/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=\"84628\" 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=\"84628\">\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\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/06\/04\/jordan-takes-biggest-share-of-regional-ev-sales\/\">\r\n                            Jordan takes biggest share of regional EV sales                        <\/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\/06\/04\/jordan-takes-biggest-share-of-regional-ev-sales\/\" 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\/06\/04\/jordan-takes-biggest-share-of-regional-ev-sales\/')\">\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\/06\/04\/jordan-takes-biggest-share-of-regional-ev-sales\/\">\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=Jordan takes biggest share of regional EV sales&url=https:\/\/enterpriseam.com\/climate\/2024\/06\/04\/jordan-takes-biggest-share-of-regional-ev-sales\/\">\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\/06\/04\/jordan-takes-biggest-share-of-regional-ev-sales\/&title=Jordan takes biggest share of regional EV sales\">\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=Jordan+takes+biggest+share+of+regional+EV+sales+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F06%2F04%2Fjordan-takes-biggest-share-of-regional-ev-sales%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\/06\/04\/jordan-takes-biggest-share-of-regional-ev-sales\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1476.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84629\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/06\/04\/jordan-takes-biggest-share-of-regional-ev-sales\/1476-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1476.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1476.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1476.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1476.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84628\" class=\"content-area-description single-story post-84628 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-enterpriseclimate tag-evs tag-jordan 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\/6\/.2c8c09b4-f2a1-4f1f-a6fd-b8d090bf8426.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">ELECTRIC VEHICLES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Jordan leads regional EV sales: <\/strong>Jordan saw the highest share of electric vehicle sales in the Middle East in 2023 at over 45%, according to an International Energy Agency <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/6\/227.pdf\" style=\"\" rel=\"noopener\">report (pdf)<\/a>. The country\u2019s EV industry is supported by lower import duties than those imposed on cars with fuel engines. The UAE came in at a distant second at 13%. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EV sales are up globally: <\/strong>Almost 14 mn EVs were registered globally in 2023, bringing the total number of EVs on the road to 40 mn. Sales increased by 3.5 mn cars in 2023, a 35% y-o-y increase. EVs accounted for 18% of all cars sold in 2023, compared to 14% in 2022. <\/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>Oman\u2019s marine sector begins using biofuels: <\/strong>Oman has begun using biofuels to conduct marine tug operations in Sohar Port, which aims to reduce emissions by 17% by 2050. (<a target=\"_blank\" href=\"https:\/\/misralbalad.com\/%D8%B3%D9%84%D8%B7%D9%86%D8%A9-%D8%B9%D9%8F%D9%85%D8%A7%D9%86-%D8%AA%D8%A8%D8%AF%D8%A3-%D8%A7%D8%B3%D8%AA%D8%AE%D8%AF%D8%A7%D9%85-%D8%A7%D9%84%D9%88%D9%82%D9%88%D8%AF-%D8%A7%D9%84%D8%AD%D9%8A%D9%88\/\" style=\"\" rel=\"noopener\">Misr Al Balad<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/evs\/\">EVs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/jordan\/\">Jordan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84630\" 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=\"84630\">\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\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/06\/04\/vermont-makes-oil-companies-pay-up-china-connects-5-gw-of-solar-energy-to-its-grid\/\">\r\n                            Vermont makes oil companies pay up + China connects 5 GW of solar energy to its grid                        <\/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\/06\/04\/vermont-makes-oil-companies-pay-up-china-connects-5-gw-of-solar-energy-to-its-grid\/\" 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\/06\/04\/vermont-makes-oil-companies-pay-up-china-connects-5-gw-of-solar-energy-to-its-grid\/')\">\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\/06\/04\/vermont-makes-oil-companies-pay-up-china-connects-5-gw-of-solar-energy-to-its-grid\/\">\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=Vermont makes oil companies pay up + China connects 5 GW of solar energy to its grid&url=https:\/\/enterpriseam.com\/climate\/2024\/06\/04\/vermont-makes-oil-companies-pay-up-china-connects-5-gw-of-solar-energy-to-its-grid\/\">\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\/06\/04\/vermont-makes-oil-companies-pay-up-china-connects-5-gw-of-solar-energy-to-its-grid\/&title=Vermont makes oil companies pay up + China connects 5 GW of solar energy to its grid\">\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=Vermont+makes+oil+companies+pay+up+%2B+China+connects+5+GW+of+solar+energy+to+its+grid+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F06%2F04%2Fvermont-makes-oil-companies-pay-up-china-connects-5-gw-of-solar-energy-to-its-grid%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\/06\/04\/vermont-makes-oil-companies-pay-up-china-connects-5-gw-of-solar-energy-to-its-grid\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/303.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84631\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/06\/04\/vermont-makes-oil-companies-pay-up-china-connects-5-gw-of-solar-energy-to-its-grid\/303-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/303.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"303.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/303.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/303.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84630\" class=\"content-area-description single-story post-84630 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-china tag-enterpriseclimate tag-solar-energy tag-us wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.2b672375-1e8c-44be-b7b5-ae15343cced8.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>US\u2019 Vermont state makes big oil pay up: <\/strong>Vermont has become the first US state to mandate that fossil fuel companies must pay for climate damages, <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/21f45534-fb09-4ca2-9f23-a10a0ceb3458\" style=\"\" rel=\"noopener\">The Financial Times<\/a> reports. Vermont's new law aims to hold oil and gas companies responsible for their contributions to regional GHG emissions and their impact on public health, natural resources, agriculture, economic development, and housing. The legislation also requires the state\u2019s treasurer to determine by 2026 the total cost of greenhouse gas (GHG) emissions to Vermont residents over the past 20 years.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Similar laws are gaining traction across the US:<\/strong> Maryland, Massachusetts, New York, and California have attempted to pass similar bills this year, although without success, FT writes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- California took big oil to court for downplaying fossil fuel risks:<\/strong> The state of California <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/12a65d3c-3825-47d2-9a57-75f7f7a96829\/today:-sawiris%25e2%2580%2599-backed-oci-global-signs-an-offtake-agreement-with-us-green-hydrogen-developer-new-fortress-energy\" style=\"\" rel=\"noopener\">filed a lawsuit<\/a> last year against oil majors including BP, Exxon, Chevron, Shell and ConocoPhillips for causing USD bns in economic and environmental damages by misleading the public on the impact long-standing fossil fuel extraction has on the economy and communities. The lawsuit alleges big oil firms and trade groups have known since at least the 1960s that their operations are warming the planet and causing \u201ctens of bns of USD\u201d in damages. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>China <\/strong><strong>connects the world\u2019s largest solar farm: <\/strong>The state-owned <a target=\"_blank\" href=\"https:\/\/en.powerchina.cn\/\" style=\"\" rel=\"noopener\">Power China<\/a> has connected the world\u2019s largest solar power plant to the grid with a capacity of 5 GW, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/china\/worlds-biggest-solar-farm-comes-online-chinas-xinjiang-2024-06-03\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported. The 200k acre farm, located in northwestern Xinjiang, will generate around 6 bn KWh annually. The farm is in the same region as China\u2019s other two largest solar plants, each with a capacity of 3 GW.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- China planning more clean energy:<\/strong> China has <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/01852245-4beb-410b-8d9e-f9b250603d6f\" style=\"\" rel=\"noopener\">eased the limits<\/a> on renewable power installations in energy-rich areas, one of several policies issued last week to promote clean energy. China's National Development and Reform Commission is also requiring provinces to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6515a864-2846-400c-a12f-701175934666\" style=\"\" rel=\"noopener\">develop energy-efficiency plans<\/a> for entities responsible for 70% of consumption and carbon emissions by the end of 2025. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- China led renewables growth last year: <\/strong>Renewable energy expansion was led by Asia in 2023, which added 326 GW in capacity, representing 69% of the global increase. This was mainly driven by China, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/348005ad-a410-4b5d-8099-0b884522e7d6\" style=\"\" rel=\"noopener\">whose capacity increased by 63%<\/a>, reaching 297.6 GW. <\/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>Wind <\/strong><strong>and solar energy marching on in the EU:<\/strong> Renewable power generation from wind and solar projects in the EU has risen 46% since from 2019. The renewable power sources have displaced a fifth of the EU\u2019s fossil fuel use, which is in line with the ambitious target proposed by the European Commission of achieving a <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/eu-wind-solar-growth-displaces-fossil-fuel-generation-report-says-2024-06-02\/\" style=\"\" rel=\"noopener\">45% renewable energy share<\/a> by 2030. (<a target=\"_blank\" href=\"https:\/\/ember-climate.org\/insights\/in-brief\/wind-and-solar-displace-a-fifth-of-eu-fossil-generation-since-2019\/\" style=\"\" rel=\"noopener\">Ember<\/a>)<\/li>\n<li><strong>Germany off track for 2030 climate targets: <\/strong>Germany will likely fail to meet its 2030 goal to cut emissions by 65% from 1990 levels, the Expert Council on Climate Issues found. The country might not even meet its 2045 climate neutrality target. Sectors including transport and construction have been holding the country back as they struggle to decarbonize. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/environment\/germany-likely-miss-2030-climate-goal-government-advisors-say-2024-06-03\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<li><strong>Japan + EU to collaborate on clean hydrogen development: <\/strong>Japan and the EU have agreed to collaborate on policies to boost demand and supply of clean hydrogen as well as to advance technologies for its development. Japan sees hydrogen as a cleaner alternative to LNG, while the EU views it as a way to reduce reliance on Russian fossil fuels. The EU aims to produce 10 mn tons of hydrogen and import an additional 10 mn by 20203, while Japan plans to spend JPY 3 tn within the next 15 years to subsidize hydrogen production. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/japan-eu-agree-work-creating-hydrogen-demand-supply-2024-06-03\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/china\/\">China<\/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\/us\/\">US<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84632\" 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=\"84632\">\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\">CLIMATE IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/06\/04\/subzero-electricity-prices-on-the-rise-as-renewables-productivity-soars\/\">\r\n                            Subzero electricity prices on the rise as renewables productivity soars                        <\/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\/06\/04\/subzero-electricity-prices-on-the-rise-as-renewables-productivity-soars\/\" 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\/06\/04\/subzero-electricity-prices-on-the-rise-as-renewables-productivity-soars\/')\">\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\/06\/04\/subzero-electricity-prices-on-the-rise-as-renewables-productivity-soars\/\">\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=Subzero electricity prices on the rise as renewables productivity soars&url=https:\/\/enterpriseam.com\/climate\/2024\/06\/04\/subzero-electricity-prices-on-the-rise-as-renewables-productivity-soars\/\">\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\/06\/04\/subzero-electricity-prices-on-the-rise-as-renewables-productivity-soars\/&title=Subzero electricity prices on the rise as renewables productivity soars\">\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=Subzero+electricity+prices+on+the+rise+as+renewables+productivity+soars+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F06%2F04%2Fsubzero-electricity-prices-on-the-rise-as-renewables-productivity-soars%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\/06\/04\/subzero-electricity-prices-on-the-rise-as-renewables-productivity-soars\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/301.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"84633\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/06\/04\/subzero-electricity-prices-on-the-rise-as-renewables-productivity-soars\/301-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/301.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"301.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/301.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/301.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84632\" class=\"content-area-description single-story post-84632 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-in-the-news tag-climate-in-the-news tag-enterpriseclimate tag-eu tag-renewables 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\/6\/.bd95a413-4927-44bc-a223-9a96da973edf.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Europe\u2019s bouts of free electricity spark investor concern: <\/strong>Electricity prices have been dropping into the negative as May\u2019s high productivity from solar parks in Spain and wind turbines in Norway caused supply to exceed demand, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-06-02\/bursts-of-free-power-raise-red-flags-for-green-tech-investors?srnd=homepage-asia\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported. Burdened with excess energy, producers gave consumers electricity for free, raising worries amongst investors regarding the profitability of the USD 800 bn renewables market. The phenomenon is not unheard of, but instances increased 12-fold last year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How can the market adapt? <\/strong>Building more battery storage facilities would allow excess electricity to be preserved for when it is needed and mitigate intermittency such as when the sun isn\u2019t shining. Producers of traditional energy sources can also make room for renewables on the grid by reducing or halting their output, an option taken by Electricite de France, RWE, and Vattenfall. Companies like Vattenfall are turning to flexible investments such as developing batteries alongside wind and solar parks. The rise of sub zero pricing isn\u2019t expected to die down until the mid 2030s, when there are enough energy storage systems in place to deal with the excess, says Modo Energy director Ed Porter. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s not just Europe: <\/strong>Australia has dealt with its own periods of negative electricity pricing, with the National Electricity Market falling below zero for 14% of last year. That percentage is expected to rise as more renewables are added to the grid and rooftop solar gains popularity. California experienced 592 hours of below zero electricity this year, already overtaking last year\u2019s total. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Consumers are tapping into the benefits: <\/strong>Some consumers have begun adjusting their energy consumption to periods with lower prices. An app called Tibber, which currently has around 1 mn users, tracks the electricity market hourly. <\/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-in-the-news\/\">CLIMATE IN THE NEWS<\/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\/renewables\/\">renewables<\/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=\"84634\" 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=\"84634\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/06\/04\/finnish-researchers-make-protein-powder-from-thin-air\/\">\r\n                            Finnish researchers make protein powder from thin air                        <\/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\/06\/04\/finnish-researchers-make-protein-powder-from-thin-air\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The process involves feeding microbes air and electricity, creating <a target=\"_blank\" href=\"https:\/\/www.solein.com\/\" style=\"\" rel=\"noopener\">Solein<\/a>, a protein-rich powder that can serve as an alternative to traditional animal-based products.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The science behind it:<\/strong> The protein is produced from natural single-cell organisms grown through a fermentation process, according to Solein\u2019s <a target=\"_blank\" href=\"https:\/\/www.solein.com\/what-is-solein\" style=\"\" rel=\"noopener\">website<\/a>. Water is split into hydrogen and oxygen using renewable electricity, then the microorganisms are fed with CO2, hydrogen, and mineral nutrients. The organisms then synthesize amino acids, carbohydrates, fats, and vitamins \u2014 the building blocks of food. After harvesting, excess water is removed, and Solein is dried into a fine protein powder.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why does this matter? <\/strong>Livestock farming and production are responsible for <a target=\"_blank\" href=\"https:\/\/thebreakthrough.org\/issues\/food-agriculture-environment\/livestock-dont-contribute-14-5-of-global-greenhouse-gas-emissions\" style=\"\" rel=\"noopener\">11.1% to 19.6%<\/a> of global greenhouse gas (GHG) emissions. Cattle also produce <a target=\"_blank\" href=\"https:\/\/www.epa.gov\/ghgemissions\/sources-greenhouse-gas-emissions\" style=\"\" rel=\"noopener\">methane<\/a>, one of the stronger GHGs, and their producing their feed also contributes to nitrous oxide emissions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How can it be used? <\/strong>Solein has <a target=\"_blank\" href=\"https:\/\/www.sciencedirect.com\/topics\/agricultural-and-biological-sciences\/emulsification\" style=\"\" rel=\"noopener\">emulsification<\/a> properties, helping ingredients blend smoothly and remain stable. It can also be used to create a meat-like texture, making it an attractive alternative to meat products. Solein also forms a gel in acidic conditions, making it ideal for alternative yogurts and cheeses. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A look forward: <\/strong>Solar Foods' current facility is not large enough for commercial operations, primarily serving to demonstrate the technology's viability to secure regulatory approval in the EU and the US. The company aims to construct an industrial plant 100 times larger than its current one.<\/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\/emissions\/\">emissions<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/on-your-way-out\/\">ON YOUR WAY OUT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"84636\" 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\/06\/04\/84636\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-84636\" class=\"content-area-description single-story post-84636 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;\">JUNE 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-5 June (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bondsloans.com\/events\/middle-east\" style=\"\">Bonds, Loans & Sukuk Middle East<\/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>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>5-6 June (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/semiconductors.kacst.gov.sa\/\" style=\"\">The Future of Semiconductors Forum<\/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>5-7 June (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/key-notion.com\/sustainability-world-summit-frankfurt-2024\/\" style=\"\">Sustainability World Summit<\/a><\/span><span style=\"font-weight:400;\">, Frankfurt, Germany.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10-12 June (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/eem24.khas.edu.tr\/\" style=\"\">The International Conference on European Energy Market<\/a><\/span><span style=\"font-weight:400;\">, Istanbul, Turkey.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11-12 June (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tap.info.tn\/en\/Portal-Economy\/17243638-over-100-financial\" style=\"\">International Conference on Financing Investment and Trade in Africa<\/a><\/span><span style=\"font-weight:400;\">, Tunis, Tunisia. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11-13 June (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.netzerocircle.org\/event\/morocco-energy-week\" style=\"\">Morocco Energy Week Summit<\/a><\/span><span style=\"font-weight:400;\">, Marrakesh, Morocco. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18-19 June (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/biofuels-news.com\/conference\/about-biofuels-conference-expo\/\" style=\"\">Biofuels International Conference & Expo<\/a><\/span><span style=\"font-weight:400;\">, Brussels, Belgium.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18-19 June (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/biofuels-news.com\/conference\/sustainableaviationfuels\/about\/\" style=\"\">Sustainable Aviation Fuels Summit<\/a><\/span><span style=\"font-weight:400;\">, Brussels, Belgium.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>25-27 June (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.europe.gh2events.com\/\" style=\"\">Connecting Green Hydrogen Europe<\/a><\/span><span style=\"font-weight:400;\">, Madrid, Spain.<\/span><\/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\"><span>26-27 June (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/decarbonizingforum.com\/\" style=\"\">Decarbonizing Shipping Forum<\/a><\/span><span style=\"font-weight:400;\">, Rotterdam, Netherlands.<\/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;\">JULY 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>2-3 July (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.nuclearpowerplantsexpo.com\/\" style=\"\">Nuclear Power Plants Summit & Expo<\/a><\/span><span style=\"font-weight:400;\">, Istanbul, Turkey.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-14 July (Friday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.g20.org\/en\/about-the-g20\/summit-rio-2024\" style=\"\">G20 Leaders Summit<\/a><\/span><span style=\"font-weight:400;\">, Rio de Janeiro, Brazil.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-17 July (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.egyptminingforum.com\/\" style=\"\">The Egypt Mining Forum<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">AUGUST 2024<\/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;\">1 August (Thursday): Distributed Solar Summit, 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:400;\">12-16 August (Monday-Friday): Mastering Renewable & Alternative Energies, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-21 August (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/worldesgsummit.com\/\" style=\"\">The World ESG 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>24-26 August (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cgee.org\/\" style=\"\">International Conference on Clean and Green Energy Engineering<\/a><\/span><span style=\"font-weight:400;\">, Izmir, Turkey.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-26 August (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.spectrumconferences.com\/2024\/isnre\" style=\"\">International Summit on Non-Renewable and Renewable Energy<\/a><\/span><span style=\"font-weight:400;\">, Valencia, Spain.<\/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;\">SEPTEMBER 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-18 September (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldutilitiescongress.com\/\" style=\"\">World Utilities Congress<\/a><\/span><span>, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>17-19 September (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, 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>1-3 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wetex.ae\" style=\"\">Water, Energy and Environment Technology Exhibition<\/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>13-17 October (Sunday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cairowaterweek.eg\/cww2024\/#:~:text=The%20upcoming%20seventh%20edition%2C%20Cairo,Climate%3A%20Building%20Resilient%20Communities.%E2%80%9D\" style=\"\">Cairo Water Week<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>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, 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\">NOVEMBER 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-8 November (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wuf.unhabitat.org\/\" style=\"\">World Urban Forum<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11-22 November (Monday-Friday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/unfccc.int\/cop29\" style=\"\">United Nations Climate Change Conference or Conference of the Parties (COP29)<\/a><\/span><span style=\"font-weight:400;\">, Baku, Azerbaijan. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11-14 November (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adipec.com\/\" style=\"\">Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC)<\/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>18-19 November (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.g20.org\/en\/about-the-g20\/summit-rio-2024\" style=\"\">G20 Summit<\/a><\/span><span style=\"font-weight:400;\">, Rio de Janeiro, Brazil.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>26-28 November (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudi-electricityexpo.com\/en\/home.html\" style=\"\">Saudi Electricity Expo<\/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>26-28 November (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.egypt-energy.com\/en\/home.html\" style=\"\">Egypt Energy Show<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>27-28 November (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/rakenergysummit.rak.ae\/\" style=\"\">RAK Energy Summit<\/a><\/span><span style=\"font-weight:400;\">, Ras Al Khaimah, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span 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, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JANUARY 2025<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14-16 January (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldfutureenergysummit.com\/\" style=\"\">World 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>28-29 January <\/span><span>(Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sustainmideast.com\/\" style=\"\">Sustainability Forum Middle East<\/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;\">FEBRUARY 2025<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-26 February (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mena.gh2events.com\/\" style=\"\">Connecting Hydrogen MENA<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">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>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:\/\/climate.enterprise.press\/stories\/2022\/09\/01\/central-asias-largest-wind-farm-brought-to-you-by-masdar-79878\/\" 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:\/\/climate.enterprise.press\/stories\/2022\/08\/30\/could-fdi-help-egypts-solar-industry-traverse-the-fx-crisis-79599\/\" 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>November: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.almamlakatv.com\/news\/142146-%D9%85%D9%86%D8%AA%D8%AF%D9%88%D9%86-%D9%8A%D9%88%D8%B5%D9%88%D9%86-%D8%A8%D8%AA%D9%88%D9%81%D9%8A%D8%B1-20-%D8%A3%D9%84%D9%81-%D9%81%D8%B1%D8%B5%D8%A9-%D8%B9%D9%85%D9%84-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D8%A8%D9%82%D8%B7%D8%A7%D8%B9-%D8%A7%D9%84%D8%B7%D8%A7%D9%82%D8%A9-%D8%A7%D9%84%D8%AD%D9%8A%D9%88%D9%8A%D8%A9-%D9%81%D9%8A-%D8%A7%D9%84%D8%AF%D9%88%D9%84-%D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9\" style=\"\">9th Arab Forum for Renewable Energy and Energy Efficiency<\/a><\/span><span style=\"font-weight:400;\">, Amman, Jordan.<\/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:\/\/climate.enterprise.press\/stories\/2022\/09\/01\/uae-may-be-getting-more-evs-79880\/\" 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:\/\/climate.enterprise.press\/stories\/2022\/09\/01\/qatar-to-build-usd-1-bn-blue-ammonia-plant-79877\/\" 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:\/\/climate.enterprise.press\/stories\/2022\/09\/01\/will-we-soon-see-a-carbon-offset-tax-in-egypt-79885\/\" 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:\/\/climate.enterprise.press\/stories\/2022\/08\/30\/goodbye-single-ac-units-mena-wont-be-needing-your-services-anymore-79605\/\" 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:400;\">World Water Forum, 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;\">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:\/\/climate.enterprise.press\/stories\/2022\/08\/29\/today-welcome-to-enterprise-climate-the-essential-daily-covering-climate-change-in-the-middle-east-and-africa-business-finance-investment-79432\/\" 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:\/\/climate.enterprise.press\/stories\/2022\/08\/29\/enterprise-climate-sits-down-with-mariam-almheiri-the-uaes-climate-change-and-environment-minister-79434\/\" 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:\/\/climate.enterprise.press\/stories\/2022\/09\/07\/project-update-tunisia-speaks-to-afdb-ifc-for-solar-plant-financing-80546\/\" 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:\/\/climate.enterprise.press\/stories\/2022\/08\/30\/today-cloud-wars-afreximbank-gets-love-from-nexi-also-indias-reliance-wants-to-build-20-gw-of-renewables-79598\/\" 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:\/\/climate.enterprise.press\/stories\/2022\/08\/31\/moroccos-usd-18-bn-renewables-export-hub-79733\/\" 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:\/\/climate.enterprise.press\/stories\/2022\/09\/01\/qatar-to-build-usd-1-bn-blue-ammonia-plant-79877\/\" 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:\/\/climate.enterprise.press\/stories\/2022\/08\/29\/today-welcome-to-enterprise-climate-the-essential-daily-covering-climate-change-in-the-middle-east-and-africa-business-finance-investment-79432\/\" 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>Morocco + S. Korea work on green transition | Will Egypt tax for petroleum products? | The world wastes 1 bn meals a day<\/p>\n","protected":false},"featured_media":84617,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-84616","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"fc3dc9c9-1f87-45f5-8146-0916cb0ef434","teaser":"Morocco + S. Korea work on green transition | Will Egypt tax for petroleum products? | The world wastes 1 bn meals a day","photo_url":"https:\/\/ent.news\/2024\/2\/1103.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Morocco and South Korea agree to cooperate on green transition efforts - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/issues\/morocco-and-south-korea-agree-to-cooperate-on-green-transition-efforts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Morocco and South Korea agree to cooperate on green transition efforts\" \/>\n<meta property=\"og:description\" content=\"Morocco + S. 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