{"id":85325,"date":"2024-07-11T00:00:00","date_gmt":"2024-07-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=85325"},"modified":"2025-12-15T11:06:47","modified_gmt":"2025-12-15T11:06:47","slug":"indonesia-lists-usd-600-mn-green-sukuk-on-nasdaq-dubai","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/indonesia-lists-usd-600-mn-green-sukuk-on-nasdaq-dubai\/","title":{"rendered":"Indonesia lists USD 600 mn green sukuk on Nasdaq Dubai"},"content":{"rendered":"<section id=\"85327\" 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=\"85327\">\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\/07\/11\/today-indonesia-%f0%9f%92%9anasdaq-dubai-beijing-courts-pif-investments\/\">\r\n                            TODAY: Indonesia ?Nasdaq Dubai + Beijing courts PIF investments                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/07\/11\/today-indonesia-%f0%9f%92%9anasdaq-dubai-beijing-courts-pif-investments\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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First, let\u2019s check in on the latest from the China-EU trade skirmish\u2026<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- China launches tit-for-tat trade probe: <\/strong>China\u2019s Commerce Ministry has launched a <a target=\"_blank\" href=\"https:\/\/www.mofcom.gov.cn\/zwgk\/zcfb\/art\/2024\/art_d2a237a0cd204ea6b89559470a630744.html\" style=\"\" rel=\"noopener\">formal trade and investment barrier investigation<\/a> into the EU\u2019s anti-subsidy probe of Chinese companies to evaluate whether they constitute a trade barrier. China is accusing the EU of protectionism and \u201creckless distortion,\u201d and will probe sectors including rail, solar, and wind power. The investigation will run until 10 January, possibly extending for three months beyond that. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- The EU has been putting pressure on Chinese imports: <\/strong>The EU <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9822c88d-307b-46f7-9288-d5afdf64d4c5\" style=\"\" rel=\"noopener\">launched a probe last year<\/a> into Chinese subsidies for EVs in efforts to ward off a flood of cheap imports, claiming prices were being kept \u201cartificially low.\u201d The EU also recently officially imposed tariffs of 17.4% to 37.6% on Chinese electric vehicle imports. Tariffs are on provisional status for the next four months before becoming \u201cdefinite\u201d as the talks between both sides continue and the EU anti-subsidy investigation continues.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story made headlines in the international press:<\/strong> <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/china-investigate-if-eu-probes-constitute-trade-barriers-says-commerce-ministry-2024-07-10\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/china-eu-trade-investigation-green-technology-e866b8a647b0dd7f3af54ea466ff3321\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-10\/china-launches-tit-for-tat-investigation-into-eu-trade-barriers\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnn.com\/2024\/07\/10\/business\/china-eu-probe-trade-barriers-intl-hnk\/index.html\" style=\"\" rel=\"noopener\">CNN<\/a> | <a target=\"_blank\" href=\"https:\/\/www.dw.com\/en\/china-opens-investigation-of-eu-imposed-trade-barriers\/a-69612860\" style=\"\" rel=\"noopener\">Deutsche Welle<\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a> #1- <\/strong><strong>Tunisia <\/strong><strong>reviews AfDB water resilience loan: <\/strong>The Tunisian Assembly of People\u2019s Representatives is reviewing a bill to approve the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/71cb4c61-7176-4ad6-9de2-7142c006607a\/\" style=\"\" rel=\"noopener\">EUR 81.9 mn loan and guarantee agreement<\/a> between Tunisia and the African Development Bank (AfDB) for a wastewater treatment project, <a target=\"_blank\" href=\"https:\/\/www.tap.info.tn\/en\/Portal-Economy\/17663044-parliament-looks-at\" style=\"\" rel=\"noopener\">Tap<\/a> reports. The loan \u2014 which will be awarded to the National Sanitation Board \u2014 will improve sanitation services across ten governorates by updating equipment and installing solar panels and generate treated water for agricultural use. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This has been in the works: <\/strong>AfDB signed off on the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/71cb4c61-7176-4ad6-9de2-7142c006607a\/\" style=\"\" rel=\"noopener\">loan and guarantee agreements<\/a> to help finance Tunisia\u2019s Treated Wastewater Quality Improvement Project For Climate Resilience Building in January. The project \u2014 which will be implemented from 2024 to 2028 \u2014 involves upgrading Tunisia\u2019s electromechanical and electrical equipment by introducing 13 solar farms with a combined 6 MW capacity to power 19 wastewater treatment capacity across 11 governorates in the country.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong><a id=\"wwtt2\"><\/a>#2- Beijing is urging the Public Investment Fund to expand green investments in<\/strong> <strong>China<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/beijing-eyes-more-investments-saudi-sovereign-wealth-fund-2024-07-10\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing China\u2019s official Beijing Daily newspaper. China is looking to convince the PIF to increase its business activities in the Chinese capital, especially in the industrial investment, green development, and energy transition sectors, Beijing\u2019s Mayor Yin Yong told PIF boss Yasir Al Rumayyan. The PIF governor said that Riyadh is interested in an ongoing collaboration with Beijing, particularly in sustainable development and renewable energy.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This comes as part of China\u2019s diversification strategy:<\/strong> This appeal is part of Beijing's broader diplomatic strategy to enhance ties with countries in Europe, the Middle East, and Africa as a countermeasure to what China perceives as the US\u2019 weaponization of economic policies, the news outlet added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PIF has been active in China:<\/strong> The sovereign wealth fund has been <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/33340082-6fb2-453a-970d-3441f92a714c\" style=\"\" rel=\"noopener\">eyeing a USD 250 mn<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/33340082-6fb2-453a-970d-3441f92a714c\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/33340082-6fb2-453a-970d-3441f92a714c\" style=\"\" rel=\"noopener\">stake<\/a> in Chinese electric car manufacturer Human Horizons since last November. The fund <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/97cb4b72-01ae-4ae8-8f16-ea6d1bcf36b0\" style=\"\" rel=\"noopener\">also signed<\/a> a Joint Development Agreement with Chinese solar PV manufacturer LONGi Green Energy Technology back in January 2023.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong><a id=\"wwtt3\"><\/a>IN OTHER SAUDI NEWS-<\/strong> <strong>Long awaited eVTOLs are coming: <\/strong>Flagship carrier Saudia is reportedly close to formalizing a framework agreement with Germany-based air taxi developer Lilium to purchase some 100 electric jets, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/air-taxi-firm-lilium-wins-big-order-saudia-says-source-2024-07-10\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing a source with knowledge of the matter. Lilium plans to announce the order by Saudia at its headquarters near Munich on Thursday, 18 July. The framework agreement <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/83e28974-c493-421c-b05a-4b347d8d69fb\" style=\"\" rel=\"noopener\">was signed<\/a> in October 2022.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3-<\/strong> <strong>Public markets are undervaluing clean energy companies which hampers the green <\/strong><strong>transition<\/strong>, CEO of Abu Dhabi Investment Authority-backed <a target=\"_blank\" href=\"https:\/\/www.renew.com\/\" style=\"\" rel=\"noopener\">ReNew Energy Global<\/a> Sumant Sinha told <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/a7664693-8cf8-4742-9768-c51b3c991625\" style=\"\" rel=\"noopener\">The Financial Times<\/a>. Clean energy companies are not being rewarded for their growth and scale, with new equity raised in public markets dropping from USD 68 bn in 2022 to USD 33 bn in 2023, FT writes. Clean energy stocks have fallen 28% since last year, the news outlet added, citing the S&P Global Clean Energy Index. Concerns over high interest rates in the US have contributed to a sell-off in clean energy stocks, prompting ReNew Energy to consider moving its listing from Nasdaq. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ReNew has regional ties:<\/strong> ReNew Energy \u2014 <a target=\"_blank\" href=\"https:\/\/www.nasdaq.com\/press-release\/renew-unveils-new-brand-identity-as-it-reinforces-leadership-in-providing\" style=\"\" rel=\"noopener\">formerly called<\/a><a target=\"_blank\" href=\"https:\/\/www.nasdaq.com\/press-release\/renew-unveils-new-brand-identity-as-it-reinforces-leadership-in-providing\" style=\"\" rel=\"noopener\">ReNew Power<\/a> \u2014 has been <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c264753d-668d-4e38-9b22-1d444773be56\/\" style=\"\" rel=\"noopener\">exploring investments<\/a> in green hydrogen projects in Egypt. The company plans on diversifying its operations to the Middle East, North Africa, India and Australia, and investing in countries rich in natural resources, with a proximity to global markets, and a competitive price for land. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>With some projects currently in the works:<\/strong> ReNew is already scheduled to break ground on its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/33227e2e-d6b3-42a6-be8d-ccef673e296a\" style=\"\" rel=\"noopener\">USD 8 bn green hydrogen plant<\/a> in Egypt\u2019s Suez Canal Economic Zone this year. This comes after El Sewedy Electric and ReNew signed a framework agreement with the government to generate 570 MW of renewables to be used for the production of 20k tons of green hydrogen during its pilot phase. The green hydrogen will be used as feedstock to generate 100k tons of green ammonia.<\/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\">Were you forwarded this email? <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>Egypt will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.egyptminingforum.com\/\" style=\"\" rel=\"noopener\">Egypt Mining Forum<\/a><\/strong><strong> from Tuesday, 16 July to Wednesday, 17 <\/strong><strong>July<\/strong> in Cairo. The event will convene decision-makers from government, industry experts, new exploration firms, financiers, and investors to explore the challenges and advantages to establish Egypt as a leading global mining hub by 2040.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/worldesgsummit.com\/\" style=\"\" rel=\"noopener\">World ESG Summit<\/a><\/strong><strong> from Tuesday, 20 August to Wednesday, 21<\/strong><strong> August<\/strong> in Dubai. The summit will gather experts and industry leaders to explore new ways to integrate Environmental, Social, and Governance (ESG) principles into business practices. <\/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:\/\/www.cgee.org\/\" style=\"\" rel=\"noopener\">International Conference on Clean and Green Energy Engineering<\/a><\/strong> <strong> from Saturday, 24 August to Monday, 26 August<\/strong> in Izmir. The event will gather researchers and professionals to share advances in clean energy. It will also offer a platform to discuss the latest research, practices, and applications in clean and green energy engineering.<\/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\/evtol\/\">EVTOL<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/pif\/\">PIF<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <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\/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=\"85329\" 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=\"85330\" 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=\"85330\">\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\">CAPITAL MARKETS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/07\/11\/indonesia-lists-usd-600-mn-green-sukuk-on-nasdaq-dubai\/\">\r\n                            Indonesia lists USD 600 mn green sukuk on Nasdaq Dubai                        <\/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 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<\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/07\/11\/indonesia-lists-usd-600-mn-green-sukuk-on-nasdaq-dubai\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/891.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85331\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/07\/11\/indonesia-lists-usd-600-mn-green-sukuk-on-nasdaq-dubai\/891-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/891.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"891.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/891.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/891.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85330\" class=\"content-area-description single-story post-85330 post type-post status-publish format-standard has-post-thumbnail hentry category-capital-markets tag-capital-markets tag-enterpriseclimate tag-green-sukuk 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\/7\/.2215683f-0611-4074-b9dc-56a8839546fc.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Indonesia <\/strong><strong>lists green sukuk on Nasdaq Dubai:<\/strong> The Republic of Indonesia has listed a three-tranche global sukuk issuance totalling USD 2.35 bn on Nasdaq Dubai, including a USD 600 mn green sukuk tranche, according to a <a target=\"_blank\" href=\"https:\/\/mediaoffice.ae\/en\/news\/2024\/july\/10-07\/nasdaq-dubai-welcomed-three-new-sukuk\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">What we know: <\/strong><span style=\"background-color: transparent;\">The issuance \u2014 listed on the Singapore Exchange in a dual listing \u2014 was 1.9x oversubscribed with the order book reaching a total of USD 4.5 bn, Indonesia\u2019s Ministry of Finance said in a <\/span><a target=\"_blank\" href=\"https:\/\/www.djppr.kemenkeu.go.id\/en\/republicofindonesiasuccessfullypricedaus$2.35billionglobalsukuk\" rel=\"noopener\">press release<\/a><span style=\"background-color: transparent;\">. The tranches are set to get a rating of Baa2 by Moody\u2019s Investor Service, BBB by S&amp;P Global Ratings Services, and BBB by Fitch Ratings.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the green sukuk: <\/strong>The USD 600 mn green sukuk tranche is due 2054 with a 5.5% yield, according to the ministry. The sukuk attracted global investors with 34% of the issuance being distributed to Asian investors, 27% to the US, 29% to Europe and 9% to the Middle East and Malaysia. Out of the three tranches issued, the green sukuk had the longest maturity date and lowest value. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Advisors: <\/strong>Citigroup, Dubai Islamic Bank, HSBC, Mandiri Securities, and MUFG were tapped as joint lead managers and bookrunners. HSBC and MUFG were appointed as joint green structuring advisors. PT BRI Danareksa Sekuritas and PT PT Trimegah Sekuritas Indonesia Tbk acted as co-managers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Nasdaq Dubai has been on a roll: <\/strong>Over 50% of globally issued <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0b8c1fd1-06f9-48a9-b860-88efe6222128\" style=\"\" rel=\"noopener\">USD-denominated sustainable ESG sukuk<\/a> have been listed on Nasdaq Dubai during 1Q 2024. The exchange also welcomed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b4933807-9b9e-43ed-a424-b2b4e9e664ab\/\" style=\"\" rel=\"noopener\">sustainability-linked USD 750 mn sukuk<\/a> from Emirates Islamic last month, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a4822259-e324-452e-afc6-d18f679201d7\" style=\"\" rel=\"noopener\">USD 1 bn green sukuk<\/a> from Dubai Islamic Bank in February, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/454194db-e3a5-4d37-85cb-4e6b2516acfa\" style=\"\" rel=\"noopener\">USD 600 mn green bonds<\/a> from China Construction Bank.<\/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\/capital-markets\/\">CAPITAL MARKETS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-sukuk\/\">Green sukuk<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85332 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=\"85332\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/07\/11\/85332\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85332\" class=\"content-area-description single-story post-85332 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:\/\/weareinfinitypower.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/851.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=\"85333\" 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=\"85333\">\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\/07\/11\/recent-heat-waves-spell-trouble-for-global-trade-and-laborers\/\">\r\n                            Recent heat waves spell trouble for global trade and laborers                        <\/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\/07\/11\/recent-heat-waves-spell-trouble-for-global-trade-and-laborers\/\" 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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A 1\u00b0C rise in temperature could result in a 2% decline in overall economic activity on the back of a predicted decrease in worker productivity, the World Bank (WB) <a target=\"_blank\" href=\"https:\/\/blogs.worldbank.org\/en\/developmenttalk\/heat-how-high-temperatures-are-impacting-workers-and-global-economy\" style=\"\" rel=\"noopener\">warned<\/a>. More frequent and extreme heat waves \u2014 including in the Middle East where some areas are experiencing <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/92c518e3-e891-48dc-a474-ce8e8e6fa5ce\" style=\"\" rel=\"noopener\">record temperatures<\/a> of almost 50\u00b0C months ahead of the usual peak \u2014 are also threatening the shipping, logistics, and agricultural sectors, which will further shrink the economy. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">What\u2019s at risk? <\/strong><span style=\"background-color: transparent;\">Heat-related deaths have risen by 70% among those over 65 in the last two decades with around 37% of these deaths attributed to human-induced climate change, according to the <\/span><a target=\"_blank\" href=\"https:\/\/www.who.int\/news-room\/fact-sheets\/detail\/climate-change-and-health\" rel=\"noopener\">World Health Organization<\/a><span style=\"background-color: transparent;\">. Heat-related illnesses \u2014 such as heat exhaustion and heat strokes \u2014 pose significant risks, especially for those with pre-existing health conditions. The WHO projects an additional 250k deaths yearly by the 2030s due to climate-related impacts on diseases and coastal flooding.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How does the extreme heat affect labor? <\/strong>The brunt of the impact falls on outdoor workers in industries like construction, agriculture, and transportation, the WB said. Heat stress led to <a target=\"_blank\" href=\"https:\/\/www.policycircle.org\/opinion\/heatwaves-productivity-killers\/\" style=\"\" rel=\"noopener\">a 5% decline in global working hours<\/a> in 2019, translating to a loss of 152 mn full-time jobs as well as decreased wages for workers. The heat also increases workplace injuries, with a 6% rise in non-heat-related incidents on days where temperatures surpass 37.7 \u00b0C, affecting lower-income workers the most, according to the Bank. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The trend is expected to continue:<\/strong> By 2030, it\u2019s projected that over 2% of total working hours globally will be lost due to heat stress, equating to a productivity loss of 80 mn full-time jobs, a study by the International Labour Organization (ILO) <a target=\"_blank\" href=\"https:\/\/www.ilo.org\/sites\/default\/files\/wcmsp5\/groups\/public\/@dgreports\/@dcomm\/@publ\/documents\/publication\/wcms_711919.pdf\" style=\"\" rel=\"noopener\">found<\/a>. This loss is particularly severe in Southern Asia and Western Africa, where productivity loss may reach 5%. In India, a 1\u00b0C temperature increase could diminish plant output by 3.5%, while in the US, car manufacturing facilities could see an 8% drop in output during weeks with multiple days over 32.2\u00b0C, the WB added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The financial impact will be major:<\/strong> The financial loss due to heat stress is expected to reach <a target=\"_blank\" href=\"https:\/\/commercial.allianz.com\/news-and-insights\/expert-risk-articles\/extreme-heat.html\" style=\"\" rel=\"noopener\">USD 2.4 tn<\/a> by 2030, even if global warming is limited to 1.5\u00b0C above pre-industrial level. India could lose over 101 bn labor hours annually due to the rising heat. Ins. company Lloyd's estimates a <a target=\"_blank\" href=\"https:\/\/www.lloyds.com\/about-lloyds\/media-centre\/press-releases\/lloyds-new-data-tool-highlights-vulnerability-of-the-global-economy-to-extreme-weather\" style=\"\" rel=\"noopener\">USD 5 tn loss<\/a> over five years due to extreme weather-induced food and water shortages.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And it\u2019s not just people: <\/strong>Shipping and logistics industries face significant challenges due to the rising temperatures, with reduced vessel transits in the Panama Canal due to drought, according to the <a target=\"_blank\" href=\"https:\/\/commercial.allianz.com\/news-and-insights\/expert-risk-articles\/extreme-heat.html\" style=\"\" rel=\"noopener\">Allianz Commercial report<\/a>. Infrastructure is also affected as heat compromises the integrity of power lines, concrete, and transport systems. The insurance sector is also feeling the heat, with outdated risk models struggling to keep up with the changing climate landscape.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Heat waves are also threatening the agriculture sector: <\/strong>The extreme heat disrupts agricultural yields, with potential reductions in wheat, rice, and maize, and affects livestock and fisheries, leading to increased mortality and lower production, according to the <a target=\"_blank\" href=\"https:\/\/sdg.iisd.org\/commentary\/guest-articles\/addressing-destabilizing-impacts-of-extreme-heat-on-global-food-security\/\" style=\"\" rel=\"noopener\">International Institute for Sustainable Development<\/a>. The effects extend to food storage and transport, resulting in significant losses and waste. This causes the poorest populations to face \u201cheatflation,\u201d where rising food costs push mns into extreme poverty. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Things could get worse as climate change exacerbates heat waves:<\/strong> Cyclical naturally occurring weather phenomena like <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/680f2e7e-93a5-401f-8562-ffdd0456b34b\/enterprise-explains:-impacts-of-el-ni%25c3%25b1o-on-mena-region\" style=\"\" rel=\"noopener\">El Ni\u00f1o and La Ni\u00f1a<\/a> interact with climate change making weather events more severe with more intense heat waves, droughts, wildfires, downpours, and snowstorms, according to <a target=\"_blank\" href=\"https:\/\/royalsociety.org\/news-resources\/projects\/climate-change-evidence-causes\/question-13\/\" style=\"\" rel=\"noopener\">the Royal Society<\/a>. Recent research has shown that its impacts are likely to <a target=\"_blank\" href=\"https:\/\/research.noaa.gov\/2020\/11\/09\/new-research-volume-explores-future-of-enso-under-influence-of-climate-change\/#:~:text=%E2%80%9CExtreme%20El%20Ni%C3%B1o%20and%20La,stronger%20than%20they%20are%20today.%E2%80%9D\" style=\"\" rel=\"noopener\">hit harder and more frequently<\/a> as the planet continues to heat up and global surface temperatures <a target=\"_blank\" href=\"https:\/\/www.metoffice.gov.uk\/weather\/learn-about\/weather\/oceans\/el-nino#:~:text=The%20name%20'\" rel=\"noopener\">will rise by about 0.1 \u00b0C<\/a> during the years the phenomenon occurs, with some scientists warning global average temperatures could tip off the <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/environment\/2023\/jun\/02\/el-nino-may-push-heating-past-15c-urgent-action-avert-catastrophe\" style=\"\" rel=\"noopener\">1.5 \u00b0C limit<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>W<\/strong><strong>hat can be done? <\/strong>Governments play a key role by setting regulations that encourage businesses to change their practices, ILO adds. However, employer and worker organizations are equally important to implement the needed changes including enforcing safety standards, improving heatwave warning systems, and expanding social safety nets. International guidelines can help governments design effective national policies to protect workers from heat stress.<\/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-change\/\">climate change<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85335\" 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=\"85335\">\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\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/07\/11\/finance-policy-and-waste-management-updates-from-uae-and-saudi\/\">\r\n                            Finance, policy, and waste management updates from UAE and Saudi                        <\/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\/07\/11\/finance-policy-and-waste-management-updates-from-uae-and-saudi\/\" 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\/07\/11\/finance-policy-and-waste-management-updates-from-uae-and-saudi\/')\">\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\/07\/11\/finance-policy-and-waste-management-updates-from-uae-and-saudi\/\">\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=Finance, policy, and waste management updates from UAE and Saudi&url=https:\/\/enterpriseam.com\/climate\/2024\/07\/11\/finance-policy-and-waste-management-updates-from-uae-and-saudi\/\">\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\/07\/11\/finance-policy-and-waste-management-updates-from-uae-and-saudi\/&title=Finance, policy, and waste management updates from UAE and Saudi\">\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=Finance%2C+policy%2C+and+waste+management+updates+from+UAE+and+Saudi+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F07%2F11%2Ffinance-policy-and-waste-management-updates-from-uae-and-saudi%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\/07\/11\/finance-policy-and-waste-management-updates-from-uae-and-saudi\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/874.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85336\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/07\/11\/finance-policy-and-waste-management-updates-from-uae-and-saudi\/874-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/874.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"874.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/874.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/874.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85335\" class=\"content-area-description single-story post-85335 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-debt-watch tag-saudi-arabia tag-uae tag-waste-management wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.1361bfbe-ee19-4d4c-8d3d-35e96f58ee91.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">DEBT WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tadweer + Ewec\u2019s waste-to-energy project is getting a green loan: <\/strong>The UK\u2019s Standard Chartered Bank will lead the financing for Abu Dhabi\u2019s first large-scale <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/1a7ada38-d8d8-4d31-a408-6ad9a725af8d\/ewec-%2B-tadweer-partner-with-japanese-consortium-on%253cmark%253e-waste-to-energy-%253c%2Fmark%253efacility\" style=\"\" rel=\"noopener\">waste-to-energy project<\/a>, developed by Tadweer Group and Emirates Water and Electricity Company (Ewec), according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/standard-chartered-leads-financing-for-abu-dhabis-first-waste-to-energy-plant-ksglwbj6\" style=\"\" rel=\"noopener\">press release<\/a>. The bank will take on multiple roles for Tawdeer\u2019s first green financing, including being the pre-bid lead bank, the documentation bank, the bookrunner, an initial mandated lead arranger, green loan coordinator, hedging bank, sole VAT lender, sole equity bridge loan lender, hedge bank, global facility agent, commercial facility agent, and offshore and onshore security agent, according to the statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">About the project:<\/strong><span style=\"background-color: transparent;\"> The facility <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/1a7ada38-d8d8-4d31-a408-6ad9a725af8d\/ewec-%2B-tadweer-partner-with-japanese-consortium-on%253cmark%253e-waste-to-energy-%253c%2Fmark%253efacility\" rel=\"noopener\">will process<\/a><span style=\"background-color: transparent;\"> 2.7k tons of municipal solid waste daily, or 900k tons per year. It aims to divert 80% of Abu Dhabi's waste from landfills by 2030, saving up to 1 mn tons of CO2 annually. No value was revealed for the green loan. The project will be developed in collaboration with a Japan-based consortium.<\/span><\/p>\n<p class=\"tag-border-left\">GREEN POLICY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE launches national green certificates program: <\/strong>The UAE\u2019s Ministry of Energy and Infrastructure (MoEI) has kicked off its National Green Certificates Program aimed at fostering environmentally friendly building practices, according to a <a target=\"_blank\" href=\"https:\/\/www.moei.gov.ae\/en\/media-center\/news\/10\/7\/2024\/ministry-of-energy-and-infrastructure-launches-national-green-certificates-program\" style=\"\" rel=\"noopener\">press release<\/a>. The program establishes standards for energy efficiency, water management, indoor air quality, and sustainable materials in buildings. MoEI will also offer technical support and consultations to participating businesses to ensure sustainability standards are met. The initiative comes inline with the UAE\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/865.pdf\" style=\"\" rel=\"noopener\">National Demand-side Management Program (pdf)<\/a> and <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/866.pdf\" style=\"\" rel=\"noopener\">National Green Building Regulation<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE signed four MoUs to set the program in motion:<\/strong> The MoEI inked four MoUs \u201cto support the program,\u201d the statement added. The first agreement was signed with First Abu Dhabi Bank to collaborate on green finance solutions for the built environment sector, the second with Aldar Properties for the implementation of green finance solutions and technical services, the third with Pact Carbon for assistance in accessing the global carbon credit market, and lastly with Meagle Energy for energy auditing, measurement, and verification services.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO-<\/strong> <strong>Abu Dhabi launches Energy Efficiency Clubs: <\/strong>Abu Dhabi National Energy Company (Taqa) subsidiary the <a target=\"_blank\" href=\"https:\/\/www.addc.ae\/\" style=\"\" rel=\"noopener\">Abu Dhabi Distribution Company<\/a> (ADDC) launched the Energy Efficiency Clubs initiative in collaboration with Agthia Group, Emirates Float Glass Company, and Arabian Gulf Steel Industries Company, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b43az44-addc-launches-energy-efficiency-clubs-with-leading\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The initiative aims to encourage unified sustainable action to increase energy efficiency and reduce costs and environmental footprint in Abu Dhabi by bringing industry leaders together through the joint platform. <\/p>\n<p class=\"tag-border-left\">WASTE MANAGEMENT-<\/p>\n<p style=\"padding: 0px; margin: 0px; line-height: 1.15;\"><strong>Saudi allocates 11k sqm for waste processing facility: <\/strong>The Saudi Authority for Industrial Cities and Technology Zones (Modon) has partnered with Wazeen company to allocate an 11k sqm industrial land for a facility specializing in the treatment and recycling of hazardous medical waste, according to a&nbsp;<a href=\"https:\/\/www.modon.gov.sa\/ar\/MediaCenter\/modon-news\/News\/Pages\/wazeen.aspx\" target=\"_blank\" rel=\"noopener\">statement<\/a>. The SAR 28 mn facility will be located at Jeddah\u2019s Third Industrial City.<\/p>\n<p style=\"padding: 0px; margin: 0px; line-height: 1.15;\"><strong>Modon has been active: <\/strong>The company \u2014 a subsidiary of the Riyadh-based water treatment company <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/aeac745f-82f7-43ea-bcce-755221db393c\" style=\"\" rel=\"noopener\">Miahona<\/a> \u2014 signed an agreement with Chinese solar equipment maker Arctech Solar to build a factory in Jeddah capable of making solar panels with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6970f583-a5ac-4ff8-b90e-fb64b286e1ee\/\" style=\"\" rel=\"noopener\">3 GW of annual production capacity<\/a> in April. The two also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/13367f05-f151-49e9-902a-e6d62fdccb46\" style=\"\" rel=\"noopener\">partnered<\/a> to develop a facility for the production of smart solar trackers and building-integrated solar photovoltaic systems in Jeddah's Second Industrial City in May. <\/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>Jordan opens first fully EV charging station:<\/strong> Jordan inaugurated the kingdom\u2019s first fully electric vehicle charging station in south Irbid. The country has plans to open additional charging stations in Irbid and other governorates. The Board of Commissioners of Energy and Minerals Regulatory Commission has already issued 350 permits for new stations. (<a target=\"_blank\" href=\"https:\/\/www.jordantimes.com\/news\/local\/jordan-inaugurates-first-fully-electric-vehicle-charging-station\" style=\"\" rel=\"noopener\">The Jordan Times<\/a>)<\/li>\n<li><strong>Oman<\/strong><strong> is getting its first electric public bus soon:<\/strong> Oman's Mwasalat and the Oman National Transport Company will launch the sultanate\u2019s first electric public bus after receiving funding from <a target=\"_blank\" href=\"https:\/\/www.almaha.com.om\/\" style=\"\" rel=\"noopener\">Al Maha Petroleum<\/a> and <a target=\"_blank\" href=\"https:\/\/www.soharinternational.com\/\" style=\"\" rel=\"noopener\">Sohar International Bank<\/a>. (<a target=\"_blank\" href=\"https:\/\/timesofoman.com\/article\/147601-first-electric-public-bus-expected-to-roll-out-soon-in-oman\" style=\"\" rel=\"noopener\">Times of Oman<\/a>) <\/li>\n<li><strong>EVs are picking up in Egypt: <\/strong>Egypt licensed a total of 430 electric vehicles in June including 90 Volkswagen EVs, followed by 71 Mercedes-Benz vehicles, 70 BMW vehicles, 51 BYD vehicles, and 14 Tesla and Kia vehicles each. (<a target=\"_blank\" href=\"https:\/\/auto.ahram.org.eg\/News\/118999.aspx\" style=\"\" rel=\"noopener\">Ahram Auto<\/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\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/waste-management\/\">waste management<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85337\" 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=\"85337\">\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\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/07\/11\/microsoft-to-purchase-carbon-credits-from-occidental\/\">\r\n                            Microsoft to purchase carbon credits from Occidental                        <\/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\/07\/11\/microsoft-to-purchase-carbon-credits-from-occidental\/\" 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\/07\/11\/microsoft-to-purchase-carbon-credits-from-occidental\/')\">\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\/07\/11\/microsoft-to-purchase-carbon-credits-from-occidental\/\">\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=Microsoft to purchase carbon credits from Occidental&url=https:\/\/enterpriseam.com\/climate\/2024\/07\/11\/microsoft-to-purchase-carbon-credits-from-occidental\/\">\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\/07\/11\/microsoft-to-purchase-carbon-credits-from-occidental\/&title=Microsoft to purchase carbon credits from Occidental\">\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=Microsoft+to+purchase+carbon+credits+from+Occidental+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F07%2F11%2Fmicrosoft-to-purchase-carbon-credits-from-occidental%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\/07\/11\/microsoft-to-purchase-carbon-credits-from-occidental\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1830.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85338\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/07\/11\/microsoft-to-purchase-carbon-credits-from-occidental\/1830-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1830.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1830.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1830.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1830.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85337\" class=\"content-area-description single-story post-85337 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-carbon-markets tag-enterpriseclimate 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\/7\/.fdfc2d11-e6df-45a6-992f-57fc99f8e8bb.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Occidental to sell Microsoft carbon credits to offset data center emissions: <\/strong>US-based oil giant <a target=\"_blank\" href=\"https:\/\/www.oxy.com\/\" style=\"\" rel=\"noopener\">Occidental Petroleum\u2019s<\/a> carbon capture, utilization, and sequestration unit <a target=\"_blank\" href=\"https:\/\/www.1pointfive.com\/\" style=\"\" rel=\"noopener\">1PointFive<\/a> signed an agreement with US tech company Microsoft to sell 500k metric tons of carbon credits over six years, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/occidentals-1pointfive-sell-carbon-credits-microsoft-2024-07-09\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported earlier this week. The credits will be provided by 1PointFive\u2019s Stratos facility in Texas that was <a target=\"_blank\" href=\"https:\/\/climate.enterprise.press\/stories\/2023\/11\/09\/blackrock-sinks-usd-550-mn-in-occidentals-dac-plant-103156\/\" style=\"\" rel=\"noopener\">developed with BlackRock<\/a> to capture 500k metric tons of CO2 annually. The value of the transaction \u2014 the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/9e19353c-22ec-4790-b7b7-b5121c5a6258\" style=\"\" rel=\"noopener\">largest of its kind<\/a> to date \u2014 was not disclosed. This comes in efforts to reduce its growing emissions driven by AI, which Microsoft reported <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a3349984-b2a9-4468-8219-625e58e19025\/today:-kuwait%25e2%2580%2599s-warba-bank-kicks-off-a-green-bond-issuance\" style=\"\" rel=\"noopener\">increased by 30%<\/a> since 2020. Microsoft committed to being carbon negative by 2030. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">REMEMBER- Occidental has its eyes on MENA: <\/strong><span style=\"background-color: transparent;\">The company\u2019s Omani subsidiary Oxy Oman <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a0fb1c17-d354-40d9-bb11-06c61a10c7e2\/today:-saudi-arabia-is-lining-up-another-3.7-gw-solar-projects-%2B-masdar-kicks-off-its-145-mw-indonesian-floating-solar-plant\" rel=\"noopener\">signed an agreement<\/a><span style=\"background-color: transparent;\"> last November with state-owned OQ Gas Networks to conduct studies for establishing carbon capture projects in the sultanate. The company also <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c6ee7b70-9072-4ae6-816b-4cb7c900de28\" rel=\"noopener\">signed an agreement<\/a><span style=\"background-color: transparent;\"> with Adnoc earlier in August to assess the feasibility of establishing what they said could be the first megaton DAC project outside of the US with a 1 mn ton annual carbon sequestration capacity.<\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/carbon-markets\/\">carbon markets<\/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=\"85339\" 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=\"85339\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/07\/11\/a-new-recycling-method-can-break-down-old-clothes-into-useable-polyester\/\">\r\n                            A new recycling method can break down old clothes into useable polyester                        <\/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\/07\/11\/a-new-recycling-method-can-break-down-old-clothes-into-useable-polyester\/\" 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\/07\/11\/a-new-recycling-method-can-break-down-old-clothes-into-useable-polyester\/')\">\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\/07\/11\/a-new-recycling-method-can-break-down-old-clothes-into-useable-polyester\/\">\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=A new recycling method can break down old clothes into useable polyester&url=https:\/\/enterpriseam.com\/climate\/2024\/07\/11\/a-new-recycling-method-can-break-down-old-clothes-into-useable-polyester\/\">\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\/07\/11\/a-new-recycling-method-can-break-down-old-clothes-into-useable-polyester\/&title=A new recycling method can break down old clothes into useable polyester\">\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=A+new+recycling+method+can+break+down+old+clothes+into+useable+polyester+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F07%2F11%2Fa-new-recycling-method-can-break-down-old-clothes-into-useable-polyester%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\/07\/11\/a-new-recycling-method-can-break-down-old-clothes-into-useable-polyester\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/396.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85340\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/07\/11\/a-new-recycling-method-can-break-down-old-clothes-into-useable-polyester\/396-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/396.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"396.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/396.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/396.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85339\" class=\"content-area-description single-story post-85339 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseclimate tag-on-your-way-out 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\/7\/.d845890e-4452-4ec2-aa42-c484a7791b38.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>A team of US researchers have developed a chemical-processing technique that can <\/strong><strong>break down old textiles into reusable polyester<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/602.pdf\" style=\"\" rel=\"noopener\">study (pdf)<\/a>. The technique \u2014 called microwave-assisted glycolysis \u2014 can be used to reduce waste in the textile industry where less than 1% of material is recycled and almost 75% ends up in landfills or incinerated. Upon development, the new process could recycle 88% of clothing worldwide, the research concluded. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">How it works:<\/strong><span style=\"background-color: transparent;\"> The chemical process can break down 90% of polyester into a molecule called BHET which can be used to make more polyester textiles. The reaction does not impact cotton, which allows polyester-cotton blends to be recycled as well. The process takes around 15 minutes \u2014 a lot more cost-effective than other methods that can take days \u2014 and works on a variety of other textiles including nylon and spandex.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Better than mechanical recycling: <\/strong>The chemical processing technique is able to break down fabrics with different compositions which overcomes a problem mechanical recycling techniques encounter where they struggle to separate multi-fibre textiles into reusable products, the study explains. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>They\u2019re still working out the kinks: <\/strong>Some polyester materials \u2014 that are dyed or treated \u2014 produced lower levels of BHET making it harder to recover. The research team is working to optimize the results and reduce the processing time down to mere seconds. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Textile waste is a growing problem: <\/strong>Textile waste averages some <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ba49c9bc-842c-48f6-81b5-cf1de9c87f1b\/the-eu-and-the-uk-are-cracking-down-on-fast%253cmark%253e-fashion-%253c%2Fmark%253elandfill-waste-with-a-tax\" style=\"\" rel=\"noopener\">4 mn tons<\/a> annually in the EU, and in the US reached 17 mn tons in 2018 \u2014 an 80% increase above levels recorded in 2000. <\/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\/on-your-way-out\/\">ON YOUR WAY OUT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/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=\"85341\" 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\/07\/11\/85341\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85341\" class=\"content-area-description single-story post-85341 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\">JULY 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8-18 July: (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sdg.iisd.org\/events\/high-level-political-forum-on-sustainable-development-hlpf-2024\/\" style=\"\">High-level Political Forum on Sustainable Development (HLPF) 2024<\/a><\/span><span style=\"font-weight:400;\">, New York, US.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10-11 July: (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/gemtechforum.com\/\" style=\"\">Global EV & Mobility Tech 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>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;\">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>25-26 September (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/steel.apexevents.cn\/\" style=\"\">Green Steel 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=\"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>1-3 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/csew.net\/\" style=\"\">Cairo Sustainable Energy 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>2-3 October (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wges.ae\/\" style=\"\">World Green Economy 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>10-12 October (Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/icaige.tn\/\" style=\"\">The IEEE International Conference on Artificial Intelligence & Green Energy<\/a><\/span><span style=\"font-weight:400;\">, Yasmine Hammamet, Tunisia.<\/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>15-16 October (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.terrapinn.com\/exhibition\/solar-show-ksa\/index.stm\" style=\"\">Solar & Storage Live KSA<\/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>4-8 November (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/aecweek.com\/\" style=\"\">African<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/aecweek.com\/\" style=\"\">Energy Week<\/a><\/span><span style=\"font-weight:400;\">, Cape Town, South Africa. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6-7 November (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.afsiasolar.com\/refa-renewable-energy-forum-africa-2023\/\" style=\"\">Renewable Energy Forum 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>11-22 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<\/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- 27 November: (Tuesday - Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/article\/b4243wl-abu-dhabi-host-world-food-security-summit-for\" style=\"\">World Food Security 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>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=\"\">Future Power 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>12-15 January (Sunday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wrenuk.co.uk\/\" style=\"\">World Renewable Energy Congress<\/a><\/span><span style=\"font-weight:400;\">, Manama, Bahrain.<\/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 (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>24-27 February (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/events-and-conferences\/environment-authority-to-hold-inaugural-oman-climate-week-february-24-27-2025-uwf3f8c6\" style=\"\">Oman Climate Week<\/a><\/span><span>, Muscat, Oman. <\/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=\"\">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=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/expo-sharjah-signs-partnership-agreement-to-launch-the-middle-east-electric-vehicle-show-2025-htkk34ud\" style=\"\">Middle East Electric Vehicle Show<\/a><\/span><span style=\"font-weight:400;\">, Sharjah, 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;\">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 style=\"font-weight:400;\"> 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>Indonesia ?Nasdaq Dubai | Beijing courts PIF investments | Saudia\u2019s eVTOL order is firming up | What heat waves mean for trade<\/p>\n","protected":false},"featured_media":85326,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-85325","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"f79437f2-f528-4c61-bc6d-9b096561cdb0","teaser":"Indonesia ?Nasdaq Dubai | Beijing courts PIF investments | Saudia\u2019s eVTOL order is firming up | What heat waves mean for trade","photo_url":"https:\/\/ent.news\/2024\/7\/740.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>Indonesia lists USD 600 mn green sukuk on Nasdaq Dubai - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/issues\/indonesia-lists-usd-600-mn-green-sukuk-on-nasdaq-dubai\/\" 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