{"id":85396,"date":"2024-07-16T00:00:00","date_gmt":"2024-07-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=85396"},"modified":"2025-12-15T11:07:56","modified_gmt":"2025-12-15T11:07:56","slug":"progress-on-sustainable-development-goals-is-off-track","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/progress-on-sustainable-development-goals-is-off-track\/","title":{"rendered":"Progress on Sustainable Development Goals is off track"},"content":{"rendered":"<section id=\"85398\" 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=\"85398\">\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\/16\/today-sdg-progress-falls-short-china-looks-to-wto-to-intervene-in-its-ev-trade-war-with-the-us\/\">\r\n                            TODAY: SDG progress falls short + China looks to WTO to intervene in its EV trade war with the US                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/578.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"578.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/578.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/578.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85398\" class=\"content-area-description single-story post-85398 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-china tag-egypt tag-enterpriseclimate tag-evs tag-inflation-reduction-act tag-renewables tag-uae tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.262fa834-4676-4755-93f8-288e5a79fa31.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, ladies and gents.<\/strong> It\u2019s another relatively calm news day, although we have plenty of meat for you to sink your teeth into with the UN\u2019s Sustainable Development Report 2024, which shows that global progress on SDGs is alarmingly off track. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^ We have chapter and verse on this story and more in this morning\u2019s news well, below. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- China looks to WTO to intervene in its <\/strong><strong>EV trade war with the US: <\/strong>China has asked the World Trade Organization (WTO) to establish an expert panel to resolve the dispute over the EV subsidies the US will soon roll out under the Inflation Reduction Act (IRA). The move follows unsuccessful consultations between China and the US aimed at protecting China\u2019s EV industry. China\u2019s Commerce Ministry has urged the US to adhere to WTO rules and cease using industrial policies that hinder international climate cooperation, arguing that the IRA unfairly excludes its products, creating trade barriers and increasing green energy transition costs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How does the IRA impact China\u2019s EV sector?<\/strong> Under the IRA, subsidies are provided for consumers to purchase more EVs and companies to produce more renewables, which China has argued is exclusionary to non-American goods.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> US tariff increases slapped onto EVs and batteries will come into effect on 1 August, the US Trade Representative office <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/09b10f3d-518b-409a-af44-4bddbd71458c\/today:-updates-from-uae%25e2%2580%2599s-g42-%2B-joby-evtols-will-land-in-ksa\" style=\"\" rel=\"noopener\">said in May<\/a>. The impact is expected to be major given that European and US car manufacturers sold 32% of all imported vehicles in China in 2023. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This is not the first time China consults the WTO: <\/strong>China began a dispute settlement against the US at the WTO <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e56da64d-1c1e-443c-86ea-e13c7275fbc5\/today:-more-mining-in-ksa-%2B-good-news-for-green-hydrogen-in-mena\" style=\"\" rel=\"noopener\">in March<\/a>, citing \u201cdiscriminatory subsidies\u201d that exclude their EVs from the market. The country said it pursued legal action to \u201csafeguard [their] legitimate interests \u2026 and maintain a fair level playing field of competition.\u201d The proceedings will take at least six months but the US will be able to appeal into a legal void should the WTO rule against them.<\/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\/business\/autos-transportation\/china-asks-wto-establish-expert-panel-us-electric-vehicle-subsidies-dispute-2024-07-15\/#:~:text=China%20asks%20WTO%20to%20set%20up%20panel%20for%20US%20electric%20vehicle%20subsidies%20dispute,-By%20Reuters&text=BEIJING%2C%20July%2015%20(Reuters),commerce%20ministry%20said%20on%20Monday.\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.barrons.com\/news\/china-says-appealing-us-electric-vehicle-subsidises-before-wto-e73a81e9\" style=\"\" rel=\"noopener\">AFP<\/a> <\/p>\n<p class=\"tag-border-left\">HAPPENING TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>T<\/strong><strong>he two-day <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.egyptminingforum.com\/\" style=\"\" rel=\"noopener\">Egypt Mining Forum<\/a><\/strong><strong> kicks off today <\/strong>in Cairo. The event will bring together 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\">\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\"><a id=\"wwtt2\"><\/a> <strong>#1- KSA + Envision nearing agreement to develop a wind turbine manufacturing plant: <\/strong>Saudi Arabia\u2019s privately owned renewables company <a target=\"_blank\" href=\"https:\/\/visionindustries.com\/\" style=\"\" rel=\"noopener\">Vision Industries<\/a> and the kingdom\u2019s Private Investment Fund (PIF) are close to securing an agreement with China\u2019s second largest wind turbine manufacturer <a target=\"_blank\" href=\"https:\/\/www.envision-group.com\/en\/windturbines.html\" style=\"\" rel=\"noopener\">Envision Group<\/a> to build a new wind turbine production plant in Saudi Arabia, sources close to the matter told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-15\/saudi-arabia-s-pif-vision-industries-close-to-deal-with-china-s-envision\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. The partnership \u2014 which comes as part of a bid to localize Saudi Arabia\u2019s supply chains \u2014 could be finalized as soon as this week with Envision expected to contribute the biggest investment value, the sources added. No details about the size or investment ticket of the project were disclosed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Envision has been active with regional companies: <\/strong>The company said <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/bb7a8593-a352-45c3-ac58-d73e164c489a\/egypt%25e2%2580%2599s-mnos-gear-up-to-tap-into-clean%253cmark%253e-energy%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">last year<\/a> it would supply wind turbines with a capacity of 1.67 GW to power Neom\u2019s USD 8.4 bn green hydrogen project, which is slated to become fully operational in 2026. Envision is also the turbine supplier for Acwa Power\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c2a3255a-af8f-40f6-85c6-415778cccb0d\/acwa-power-signs-usd-746-mn-worth-of-agreements-at-davos-in-the-desert\" style=\"\" rel=\"noopener\">250 MW wind project<\/a> in Azerbaijan. The turbine maker will also provide its product to Egypt\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e6de37ef-b987-4ff2-a5ac-76303349d091\/today:-acwa-nabs-another-wind-farm-in-uzbekistan-%2B-morocco-nets-more-ev-battery-production-investments\" style=\"\" rel=\"noopener\">Amunet wind project<\/a> being developed by Amea power. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>#2- Egypt will work with the UAE to add 4 GW worth of renewable projects onto Egypt\u2019s <\/strong><strong>national grid by next summer<\/strong>, Prime Minister Moustafa Madbouly said, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02xVV5kNQ2VRiudM894oMrB3z61QiENZEGpxPAQmyHUaAuvFZqsufPTPKFsHswrwprl\" style=\"\" rel=\"noopener\">statement<\/a>. Madbouly\u2019s comments came during a meeting he held with UAE\u2019s Minister of Industry and Advanced Technology Sultan Al Jaber and Masdar CEO Mohamed Jameel Al Ramahi where they discussed the need to introduce new energy sources and localize related industries, such as solar panel manufacturing and wind energy equipment. The private sector will also play a role in implementing these projects, Madbouly added. No details about the nature of the projects or their investment value were disclosed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>#3- Oman\u2019s Manah solar plants 60% completed: <\/strong>Construction of Oman\u2019s USD 800 mn Manah 1 and Manah 2 solar energy projects, each of which has a capacity of 500 MW, is 60% complete, according to <a target=\"_blank\" href=\"https:\/\/www.omannews.gov.om\/topics\/ar\/119\/show\/436041\/ona\" style=\"\" rel=\"noopener\">Oman News Agency<\/a>. The projects will reduce 1 mn tons of carbon emissions annually. Construction of both projects began in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7c50a9d0-538e-4660-8285-2a3b26ae7dae\" style=\"\" rel=\"noopener\">3Q 2023<\/a> and commercial operations are expected to be completed by the middle of 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More about Manah: <\/strong>The Manah plants are a project by Oman\u2019s Nama Power and Water Procurement Company to build a solar plant with a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/13e04bb2-8f33-4830-a313-ef533ce04fba\/oman%25e2%2580%2599s-500-mw%253cmark%253e-manah%253c%2Fmark%253e-solar-project-secures-usd-301-mn-in-funding\" style=\"\" rel=\"noopener\">combined capacity of 1 GW<\/a>. The Manah 1 project is being developed by a consortium comprising French power utility EDF Renewables and Korea Western Power, while a JV made up of Singapore\u2019s Sembcorp Utilities and China\u2019s Jinko Power was selected to develop the Manah 2 solar plant in March. <\/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\"><a id=\"wwtt4\"><\/a> <strong>We have a price for Egypt\u2019s locally made EVs: <\/strong>Egyptian government-owned automaker Arab Organization for Industrialization\u2019s locally made EVs being manufactured in partnership with Saudi's <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e37da89c-d802-4f04-9d72-7dbf9bb1c97f\/ksa%25e2%2580%2599s%253cmark%253e-waja%253c%2Fmark%253e-group-is-looking-to-assemble-and-market-evs-in-egypt\" style=\"\" rel=\"noopener\">Waja Group<\/a> will be priced between EGP 500k to EGP 1 mn, Chairman Mokhtar Abdel Latif said in an interview with TenTV (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=4iMnTC24RmM\" style=\"\" rel=\"noopener\">watch, runtime: 51:51<\/a>). Another car being manufactured with an unnamed Chinese company will be priced at less than 500k, he added. There is still no publicly available information about the size, ownership split, brand portfolio, or production plans of the Waja agreement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not the only EV in the works for Egypt: <\/strong>Egyptian firm GV Investments\u2019 automotive arm GV Auto signed a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/39f671c3-873b-4998-bbe8-1bb417a6964d\/egypt%25e2%2580%2599s-gv-auto-signs-agreement-with-china%25e2%2580%2599s-faw-to-manufacture-and-export%253cmark%253e-evs%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">partnership agreement<\/a> with Chinese state-owned Faw Group to locally manufacture, assemble, market, distribute, and export EVs. Locally assembled EVs from the partnership should start rolling out by the beginning of next year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">WORTH READING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Cleantech <\/strong><strong>investor and founder of <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.khoslaventures.com\/team\/vinod-khosla\/\" style=\"\" rel=\"noopener\">Khosla Ventures<\/a><\/strong><strong> Vinod Khosla is embracing a <\/strong><strong>high-risk approach to climate tech investing<\/strong>, he told <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/843dd19f-6761-4407-a229-2fcd56153af4\" style=\"\" rel=\"noopener\">The Financial Times<\/a>. Despite the volatility in investment sentiment and political uncertainties, Khosla\u2019s strategy focuses on investing in \u201ccompanies pursuing radical approaches with high technical risk\u201d and products that can become cost-competitive without long-term subsidies or future carbon pricing. This approach, while risky, aims to achieve breakthroughs in the green tech sector, according to the FT. Khosla has been investing in clean tech for over 20 years, making him a pioneer in the industry. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Khosla\u2019s investments:<\/strong> Khosla\u2019s investments focus on sectors including steel, fusion power, geothermal energy, AI, and urban transit. He has shown skepticism towards technologies that remain more expensive than conventional options, such as Sweden's <a target=\"_blank\" href=\"https:\/\/www.h2greensteel.com\/\" style=\"\" rel=\"noopener\">H2 Green Steel<\/a> and <a target=\"_blank\" href=\"https:\/\/www.hybritdevelopment.se\/en\/\" style=\"\" rel=\"noopener\">Hybrit<\/a>. Instead, he backs companies like Limelight Steel, which aims to replace coal-fired blast furnaces with laser-based systems, <a target=\"_blank\" href=\"https:\/\/cfs.energy\/\" style=\"\" rel=\"noopener\">Commonwealth Fusion Systems<\/a>, which is developing a prototype fusion plant, and <a target=\"_blank\" href=\"https:\/\/www.quantumscape.com\/\" style=\"\" rel=\"noopener\">QuantumScape<\/a>, a company working on advanced solid-state batteries. Khosla is also exploring superhot geothermal energy through investments in <a target=\"_blank\" href=\"https:\/\/www.quaise.energy\/\" style=\"\" rel=\"noopener\">Quaise<\/a> and <a target=\"_blank\" href=\"https:\/\/mazamaenergy.com\/\" style=\"\" rel=\"noopener\">Mazama Energy<\/a>. <\/p>\n<p class=\"tag-border-left\">DANGER ZONE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Forever chemicals in EV batteries pose major health hazard in disposal:<\/strong> Perfluoroalkyl and polyfluoroalkyl substances (PFAS) \u2014 also known as forever chemicals \u2014 used in lithium-ion batteries pose significant environmental and health risks, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/1120.pdf\" style=\"\" rel=\"noopener\">recent study (pdf)<\/a> from Texas Tech University. The research focused on bis-FASI, a subclass of PFAS, finding alarming levels near manufacturing plants and in remote regions. The study found that waste from disposed batteries is a major pollution source, with bis-FASI detected in soil, water, and even snow, indicating its mobility through the atmosphere.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The damage:<\/strong> The chemicals, essential for clean energy technology, don\u2019t break down naturally and accumulate in humans, leading to severe health issues such as cancer and liver disease, the study adds. The lack of end-of-life standards for PFAS battery waste exacerbates the problem, with most waste ending up in municipal dumps. The study emphasizes the need for better environmental risk assessments as the clean energy industry expands.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- There\u2019s a way to destroy forever chemicals: <\/strong>A team of researchers from the Fermi National Accelerator Laboratory demonstrated that high-energy electron beams <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/18fb475d-b0c4-4263-958d-95016c696b4c\" style=\"\" rel=\"noopener\">can break down forever chemicals<\/a> in water. The researchers used an electron beam accelerator at Fermilab to irradiate water samples containing two of the most problematic PFAS compounds. The electron beam was able to break the strong bonds in the PFAS molecules, effectively eliminating them without releasing harmful byproducts.<\/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>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\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/evs\/\">EVs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/inflation-reduction-act\/\">Inflation Reduction Act<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <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=\"85400\" 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=\"85401\" 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=\"85401\">\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\">STARTUP WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/07\/16\/omans-44-01-reels-in-usd-37-mn-in-series-a-funding-round\/\">\r\n                            Oman\u2019s 44.01 reels in USD 37 mn in series A funding round                        <\/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\/16\/omans-44-01-reels-in-usd-37-mn-in-series-a-funding-round\/\" 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\/16\/omans-44-01-reels-in-usd-37-mn-in-series-a-funding-round\/')\">\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\/16\/omans-44-01-reels-in-usd-37-mn-in-series-a-funding-round\/\">\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=Oman\u2019s 44.01 reels in USD 37 mn in series A funding round&url=https:\/\/enterpriseam.com\/climate\/2024\/07\/16\/omans-44-01-reels-in-usd-37-mn-in-series-a-funding-round\/\">\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\/16\/omans-44-01-reels-in-usd-37-mn-in-series-a-funding-round\/&title=Oman\u2019s 44.01 reels in USD 37 mn in series A funding round\">\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=Oman%E2%80%99s+44.01+reels+in+USD+37+mn+in+series+A+funding+round+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F07%2F16%2Fomans-44-01-reels-in-usd-37-mn-in-series-a-funding-round%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\/16\/omans-44-01-reels-in-usd-37-mn-in-series-a-funding-round\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1217.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85402\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/07\/16\/omans-44-01-reels-in-usd-37-mn-in-series-a-funding-round\/1217-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1217.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1217.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1217.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1217.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85401\" class=\"content-area-description single-story post-85401 post type-post status-publish format-standard has-post-thumbnail hentry category-startup-watch tag-carbon-storage tag-enterpriseclimate tag-investment-watch tag-oman tag-startup-watch 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\/.5a6eda4e-ba84-4c66-877f-3e09bdf312c1.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong><a target=\"_blank\" href=\"https:\/\/www.4401.earth\/\" style=\"\" rel=\"noopener\">44.01<\/a><\/strong><strong>, a Omani developer of carbon mineralization tech, closed a USD 37 mn<\/strong> <strong>series A funding round <\/strong>to advance its carbon sequestration and storage technology around the world, according to a <a target=\"_blank\" href=\"https:\/\/www.4401.earth\/blog\/44-01-completes-usd37m-series-a-investment-round\" style=\"\" rel=\"noopener\">statement<\/a>. The round was led by UAE\u2019s tech investor <a target=\"_blank\" href=\"https:\/\/www.shorooq.com\/\" style=\"\" rel=\"noopener\">Shorooq Partners<\/a> and Norway\u2019s <a target=\"_blank\" href=\"https:\/\/www.equinor.com\/energy\/ventures\" style=\"\" rel=\"noopener\">Equinor Ventures<\/a> \u2014 Equinor\u2019s corporate venture capital arm for early-phase and growth companies. Bill Gates\u2019 US-based <a target=\"_blank\" href=\"https:\/\/www.breakthroughenergy.org\/\" style=\"\" rel=\"noopener\">Breakthrough Energy Ventures<\/a> also participated in the round with follow-on investments.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Other new investors: <\/strong><a target=\"_blank\" href=\"http:\/\/ido.om\/\" style=\"\" rel=\"noopener\">Innovation Development Oman<\/a> was the only other regional investor but UK-based Salica Investment\u2019s Mena-focused Oryx Fund \u2014 which has an <a target=\"_blank\" href=\"https:\/\/salicainvestments.com\/contact\/\" style=\"\" rel=\"noopener\">office in Abu Dhabi<\/a> \u2014 aso contributed to the funding. The rest was collected from a variety of international investors including Amazon\u2019s <a target=\"_blank\" href=\"https:\/\/fund.theclimatepledge.com\/\" style=\"\" rel=\"noopener\">Climate Pledge Fund<\/a>, UK-based <a target=\"_blank\" href=\"https:\/\/www.climateinvestment.com\/\" style=\"\" rel=\"noopener\">Climate Investment<\/a> (founded by the Oil and Gas Climate Initiative), Germany-based <a target=\"_blank\" href=\"https:\/\/planet-a.com\/\" style=\"\" rel=\"noopener\">Planet A Ventures<\/a>, Germany-based <a target=\"_blank\" href=\"https:\/\/www.siemens.com\/global\/en\/company\/about\/businesses\/financial-services.html\" style=\"\" rel=\"noopener\">Siemens Financial Services<\/a>, and Japan\u2019s <a target=\"_blank\" href=\"https:\/\/www.sumitomocorp.com\/\" style=\"\" rel=\"noopener\">Sumitomo Corporation<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where\u2019s the money going?<\/strong> The funding will enable 44.01 to further develop its technology, scale commercial projects, and expand internationally, the statement adds. \u201cOur investors bring a wealth of international expertise and experience that will help us to accelerate our development and ultimately mineralise CO2 at scale worldwide,\u201d the company\u2019s founder and CEO Talal Hasan said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER<\/strong><strong>- How does their process work?<\/strong> 44.01\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/13e6008c-9206-4031-bfc2-7ab69bb7771d\" style=\"\" rel=\"noopener\">Carbon Capture and Mineralization technology<\/a> captures CO2 from the air, dissolves it in seawater, and injects it into formations of peridotite \u2014 a kind of rock that naturally mineralizes CO2 \u2014 deep underground. The technology can currently store approximately 50 to 60 tons of CO2 per day, Hasan said in a separate statement to <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-15\/sam-altman-backed-startup-scaling-technology-to-store-co2-in-rocks?srnd=all\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. The company is aiming to boost their capacity to achieve daily sequestration of 100 tons of CO2 per injection borehole at a commercial scale.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>44.01 is already active in Oman: <\/strong>The <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8ce3401c-144f-41ed-ad95-95fd46f06024\" style=\"\" rel=\"noopener\">awardwinning<\/a> firm, which started its operations in Oman in 2022, partnered with direct air capture (DAC) company Aircapture last year <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/1c26bc07-e150-4089-8073-9d1a7f1c0154\" style=\"\" rel=\"noopener\">to establish a DAC and mineralization project<\/a> in Oman. The project, set to start later this year, will have the capacity to deliver 500 tons of liquid CO2 annually with plans to increase the capacity later on. 44.01 is also collaborating with carbon capture specialist <a target=\"_blank\" href=\"https:\/\/climeworks.com\/direct-air-capture?utm_source=googleBrand&utm_medium=cpc&utm_campaign=GS-AO-World-en-Brand&utm_term=climeworks\" style=\"\" rel=\"noopener\">Climatework<\/a> to study the deployment of DAC with storage in peridotite formations in Oman. The firm also collaborated with Omani-British green energy venture X2E <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2d33e8da-3e8f-4539-af9d-c6aecbea2128\" style=\"\" rel=\"noopener\">to establish a JV called G2X<\/a>, which will capture, process, and permanently store waste gasses in February.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The firm has already expanded to the UAE: <\/strong>UAE\u2019s oil giant Adnoc invested <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/13e6008c-9206-4031-bfc2-7ab69bb7771d\" style=\"\" rel=\"noopener\">USD 15 bn<\/a> in a partnership with the Fujairah Natural Resources Corporation, renewables developer Masdar, and Omani carbon removal and 44.01 to pilot technology to permanently mineralize CO2 in rock formations in Fujairah last year. <\/p>\n\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\/carbon-storage\/\">CARBON STORAGE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/startup-watch\/\">Startup watch<\/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=\"85403 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=\"85403\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/07\/16\/85403\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85403\" class=\"content-area-description single-story post-85403 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\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=\"85404\" 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=\"85404\">\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\">MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/07\/16\/sustainable-development-goals-are-lagging-behind-2030-goals\/\">\r\n                            Sustainable Development Goals are lagging behind 2030 goals                        <\/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\/16\/sustainable-development-goals-are-lagging-behind-2030-goals\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n      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alt=\"\" data-attachment-id=\"85405\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/07\/16\/sustainable-development-goals-are-lagging-behind-2030-goals\/1431-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1431.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1431.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1431.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1431.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85404\" class=\"content-area-description single-story post-85404 post type-post status-publish format-standard has-post-thumbnail hentry category-macro-picture tag-enterpriseclimate tag-macro-picture tag-sustainability 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\/.6ae65692-eb47-4991-8d09-eb5ffce14364.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Global progress towards the Sustainable Development Goals (SDGs) is alarmingly off <\/strong><strong>track<\/strong>, according to the <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/6\/1485.pdf\" style=\"\" rel=\"noopener\">UN\u2019s Sustainable Development Report 2024 (pdf)<\/a>. Only 16% of the targets set for 2030 are on track, with the rest showing little or even reversed progress since 2020. The climate-related SDGs \u2014 which includes access to affordable and clean energy (SDG 7), growing sustainable cities (SDG 11), climate action (SDG 13), managing healthy oceans (SDG 14), and protecting land (SDG 15) \u2014 are especially lagging behind, the report concluded, adding that new institutions and innovative global financing mechanisms like global taxation are required to mobilize sufficient funds.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How different regions are faring:<\/strong> Nordic and European countries remain frontrunners at the top of the 2024 SDG Index, with Finland holding the number one spot, followed by Sweden, Denmark, Germany, and France. Brics countries \u2014 including Egypt and the UAE \u2014 are also taking strong strides, as well as Ethiopia, Iran, and Saudi Arabia who have shown progress compared to 2015 levels. East and South Asia have also emerged as the regions with the most significant advancement towards the SDGs over the same period. However, poorer and vulnerable nations \u2014 including Small Island Developing States \u2014 are continuing to fall further behind.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- About the SDG scoring system:<\/strong> Depending on how countries <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f2dfa4cd-1bfb-4381-a51e-7b5bc7e57fdc\/\" style=\"\" rel=\"noopener\">score out of 100<\/a> in each SDG \u2014 which is broken down into several indicators \u2014 the country receives either a red (major challenges remain), orange (significant challenges remain), yellow (challenges remain), or green (SDG achieved) scores. The trend directions for each country are also broken down into colored indicators, with red signifying a decrease in progress, orange indicating stagnation, yellow reflecting moderate improvement, and green denoting that the country is on track or maintaining the SDG achievement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The MENA region has a long way to go<\/strong>, receiving a red score on all five goals that are directly related to the environment (SDG 7, SDG 11, SDG 13, SDG 14, and SDG 15). In terms of trends, the region scored orange on SDGs 7, 11, 14, and 15, but received a yellow score on SGD 13 only, revealing that while significant challenges remain, work on climate action is slowly picking up. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How are MENA countries doing on SDG 7? <\/strong>The region is lagging on the SDG 7 goals with most of its countries including Morocco, Oman, KSA, Algeria, Jordan, Tunisia, and Iraq getting a red score. Egypt and the UAE are doing better with an orange score for the SDG. The current trends show all these countries in the yellow score zone \u2014 except Yemen, which received an orange score.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SDG 11 performance isn't much better: <\/strong>Egypt, Oman, Jordan, KSA, UAE, Jordan, Iraq, and Yemen received a red score for SDG 11 goals, Morocco and Algeria got an orange score, and Tunisia received a yellow score. In terms of current trends, Morocco and Iraq saw a red score, while Egypt, KSA, Algeria, Jordan, and Yemen saw an orange score, and Oman, UAE and Tunisia scored yellow.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The climate action SDG saw a slight improvement: <\/strong>Only Oman, KSA, and UAE scored red for the climate action SDG 13, while Egypt, Morocco, Algeria, Jordan, and Tunisia scored yellow, Iraq landed in orange, and only Yemen is in the green zone. The trend for the SDG has Morocco and Lebanon in the red zone, with Oman, UAE, and Tunisia scoring orange, Egypt, KSA, Algeria, Jordan, and Iraq in yellow, and Yemen again having the sole green score.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Life underwater has some of the lowest performances:<\/strong> The red scoreboard includes Egypt, Morocco, KSA, UAE, Yemen, and Tunisia, while the orange one includes Oman, Algeria, and Iraq, and the yellow one only has Jordan. Current trends had Yemen in the red, with Egypt, Morocco, Oman, KSA, UAE, Iraq, and Tunisia in orange and only Jordan in green<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Along with life on land:<\/strong> The region's performance scored lowest in the SDG 15 goals on life on land with Egypt, Morocco, KSA, UAE, Algeria, Tunisia, Jordan, Iraq and Yemen in red and only Oman, Kuwait and Libya in orange. The current trends show only Iraq and Iran in the red with Egypt, Oman, Morocco, KSA, UAE, Algeria, Tunisia, Jordan, Iraq, and Yemen in the orange score.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The report considered the level of compliance with the UN system: <\/strong>The report introduces a new Index of UN Multilateralism Support (UN-Mi) that assesses countries\u2019 engagement with the UN system. This includes factors like treaty ratification, votes at the UN General Assembly, membership in UN organizations, involvement in conflicts, use of unilateral sanctions, and financial contributions to the UN. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And published the results of the third \u201cScenathon\u201d: <\/strong>The report presented the results of the 2023 \u201cScenathon\u201d \u2014 an initiative run by <a target=\"_blank\" href=\"https:\/\/fableconsortium.org\/\" style=\"\" rel=\"noopener\">researchers from 22 countries<\/a> across all continents exploring three alternative futures between 2030 and 2050 for food and land-use systems that center food security, climate goals, biodiversity conservation, and clean water. Based on the outcome of the Scenathon, the researchers found that global dietary shifts towards less animal consumption, investments in agricultural productivity in high-demand areas, and robust monitoring systems to stop deforestation could help offset 100 gigatons of CO2 emissions and stop the deforestation of around 100 mn hectares of land by 2050.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>You can read more on how the MENA region fared in their SDG performance last year in our coverage<\/strong> of the Arab Region SDG Index and Dashboards Report 2023 published in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f2dfa4cd-1bfb-4381-a51e-7b5bc7e57fdc\/mena-countries-are-failing-to-meet-climate-related-un-sdgs,-a-report-finds\" style=\"\" rel=\"noopener\">January<\/a>.<\/p>\n\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\/macro-picture\/\">MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/sustainability\/\">sustainability<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85406\" 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=\"85406\">\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\/16\/bahrain-taps-maersk-for-ship-recycling\/\">\r\n                            Bahrain taps Maersk for ship recycling                        <\/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\/16\/bahrain-taps-maersk-for-ship-recycling\/\" 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\/16\/bahrain-taps-maersk-for-ship-recycling\/')\">\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\/16\/bahrain-taps-maersk-for-ship-recycling\/\">\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=Bahrain taps Maersk for ship recycling&url=https:\/\/enterpriseam.com\/climate\/2024\/07\/16\/bahrain-taps-maersk-for-ship-recycling\/\">\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\/16\/bahrain-taps-maersk-for-ship-recycling\/&title=Bahrain taps Maersk for ship recycling\">\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=Bahrain+taps+Maersk+for+ship+recycling+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F07%2F16%2Fbahrain-taps-maersk-for-ship-recycling%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\/16\/bahrain-taps-maersk-for-ship-recycling\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1219.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85407\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/07\/16\/bahrain-taps-maersk-for-ship-recycling\/1219-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1219.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1219.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1219.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1219.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85406\" class=\"content-area-description single-story post-85406 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-bahrain tag-enterpriseclimate tag-maersk 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\/.245114c5-851c-45cb-959a-2c51b382db14.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">RECYCLING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Bahrain + Maersk to develop ship recycling industry: <\/strong>Bahrain\u2019s Transport and Telecommunications Ministry and Industry and Commerce Ministry signed an agreement with AP Moller-Maersk to develop and establish a ship recycling industry in the country, according to a <a target=\"_blank\" href=\"https:\/\/www.maersk.com\/news\/articles\/2024\/07\/15\/mou-for-ship-recycling-in-bahrain\" style=\"\" rel=\"noopener\">statement<\/a>. As part of the agreement, <a target=\"_blank\" href=\"https:\/\/www.asry.net\/\" style=\"\" rel=\"noopener\">Arab Shipbuilding and Repair Yard Company<\/a> will build docks and yards for larger ships with support from the ministries, <a target=\"_blank\" href=\"https:\/\/www.bahrainsteel.com.bh\/\" style=\"\" rel=\"noopener\">Bahrain Steel<\/a> will process steel from the recycling process to sell in local and international markets, while Maersk will provide the ships for recycling as well as consulting services.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">CARBON MARKET-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>KSA\u2019s milk producer<\/strong> <strong>Sawani to purchase carbon credits: <\/strong>Saudi camel milk company <a target=\"_blank\" href=\"https:\/\/sawani.com\/en\" style=\"\" rel=\"noopener\">Sawani<\/a> \u2014 owned by the Public Investment Fund (PIF) \u2014 signed an agreement with the PIF and Tadawul-backed Regional Voluntary Carbon Market Company (RVCMC) to purchase 10k tons of carbon credits, according to a <a target=\"_blank\" href=\"https:\/\/www.google.com\/url?q=https:\/\/www.linkedin.com\/pulse\/sawani-signs-mou-rvcmc-enhance-climate-action-through-6jw5f\/&sa=D&source=docs&ust=1721051933204740&usg=AOvVaw2oRCu6cLyhK5oXn_TF6RaP\" style=\"\" rel=\"noopener\">statement<\/a>. The two year partnership will see the company buy and sell its voluntary offsets with support and guidance from the carbon trading firm. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- RVCMC\u2019s been active: <\/strong>The company recently signed a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/99e143c7-9371-4448-8dce-bb7451fa9cff\/saudi-top-signs-up-for-ksa%25e2%2580%2599s%253cmark%253e-regional-voluntary-carbon-market%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">three-year agreement<\/a> with plastics manufacturer Saudi Top to trade carbon credits. The company also signed two MoUs with Kenya\u2019s main dry cell battery maker Eveready East Africa and Carbon Vista Nigeria to set up high-quality and impactful carbon projects in the two countries last year, and held a carbon credit auction in Nairobi which drew big demand from over a dozen firms who bid on an available 2 mn tons of carbon credits last year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">GREEN FINANCE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>FAB <\/strong><strong>is the region's most sustainable company:<\/strong> First Abu Dhabi Bank (FAB), the UAE\u2019s largest bank, has been recognized as the most sustainable company in the Middle East and Africa by Time magazine and data firm <a target=\"_blank\" href=\"https:\/\/www.statista.com\/\" style=\"\" rel=\"noopener\">Statista<\/a>, according to a <a target=\"_blank\" href=\"https:\/\/www.bankfab.com\/en-ae\/about-fab\/group\/in-the-media\/first-abu-dhabi-bank-is-the-most-sustainable-company-in-middle-east-and-africa\" style=\"\" rel=\"noopener\">statement<\/a>. FAB is the highest-ranked company from the region in Time\u2019s inaugural <a target=\"_blank\" href=\"https:\/\/time.com\/collection\/worlds-most-sustainable-companies-2024\/\" style=\"\" rel=\"noopener\">World\u2019s 500 Most Sustainable Companies list<\/a>, which evaluated over 5k companies globally. The bank \u2014 the first globally to join <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a0fb1c17-d354-40d9-bb11-06c61a10c7e2\" style=\"\" rel=\"noopener\">the COP28 Net-Zero Transition Charter<\/a> \u2014 pledged to lend, invest, and facilitate over <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9cb7b135-2330-4147-b5ad-aa37eeec3799\" style=\"\" rel=\"noopener\">AED 500 bn (USD 135 bn)<\/a> in sustainable and green financing by 2030 during COP28.<\/p>\n\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\/bahrain\/\">Bahrain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/maersk\/\">Maersk<\/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=\"85408\" 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=\"85408\">\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\/16\/shipping-industry-places-bets-on-green-ammonia-vessels\/\">\r\n                            Shipping industry places bets on green ammonia vessels                        <\/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\/16\/shipping-industry-places-bets-on-green-ammonia-vessels\/\" 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\/16\/shipping-industry-places-bets-on-green-ammonia-vessels\/')\">\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\/16\/shipping-industry-places-bets-on-green-ammonia-vessels\/\">\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=Shipping industry places bets on green ammonia vessels&url=https:\/\/enterpriseam.com\/climate\/2024\/07\/16\/shipping-industry-places-bets-on-green-ammonia-vessels\/\">\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\/16\/shipping-industry-places-bets-on-green-ammonia-vessels\/&title=Shipping industry places bets on green ammonia vessels\">\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=Shipping+industry+places+bets+on+green+ammonia+vessels+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F07%2F16%2Fshipping-industry-places-bets-on-green-ammonia-vessels%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\/16\/shipping-industry-places-bets-on-green-ammonia-vessels\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1222.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85409\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/07\/16\/shipping-industry-places-bets-on-green-ammonia-vessels\/1222-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1222.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1222.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1222.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1222.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85408\" class=\"content-area-description single-story post-85408 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-enterpriseclimate tag-green-ammonia tag-green-shipping tag-maersk 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\/.570c2dc0-8afa-47c3-bb6b-17b474e08916.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Shipping giants invest bns into ammonia fuel carriers: <\/strong>As green ammonia production gains momentum, top shipping firms \u2014 including Maersk, TMS Cardiff Gas, Capital Maritime, Mitsui OSK Lines, and Nippon Yusen Kaisha \u2014 have ordered USD 16 bn worth of vessels to transport ammonia, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-15\/maersk-tankers-and-competitors-bet-billions-on-ammonia-fuel-carriers?srnd=homepage-canada\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported, citing research by UK-based <a target=\"_blank\" href=\"https:\/\/www.vesselsvalue.com\/\" style=\"\" rel=\"noopener\">VesselsValue<\/a>. While today most of the delivered fleet is being used to transport liquefied natural gas (LNG) and petrochemicals, an increase in ammonia demand in line with energy transition goals could increase the fleet of ships able to carry ammonia by 25% within three years, the business information service writes, citing data from maritime and shipping analytics firm <a target=\"_blank\" href=\"https:\/\/www.clarksons.com\/research\/\" style=\"\" rel=\"noopener\">Clarkson Research Services<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It may not be so easy: <\/strong>As the fleet of ships expands, it is unclear whether ammonia production will meet forecasts by 2027. Almost 66% of announced ammonia projects are still in early development, while some have not begun feasibility studies. Given that the new vessels are adaptable and can carry both ammonia and petroleum cargo, firms may be forced to use the vehicles to carry hydrocarbons and petrochemicals if clean ammonia production falls short of production forecasts.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EV manufacturer<\/strong> <strong>VinFast is the latest target of slowed demand in the sector: <\/strong>Vietnamese EV maker VinFast Auto has decided to delay the completion of its North Carolina Factory by three years and has lowered its full year sales target to 80k from 100k, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-15\/vinfast-us-factory-delay-just-the-latest-setback-for-ev-maker\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported. VinFast will face \u201cfurther challenges\u201d as consumers shift from full EVs to hybrid cars, Chief Market Strategist Tyler Manh Dung Nguyen told the news outlet. Even with decreased sales targets, the company is at risk of further downgrades from the initially set target of reaching 168% in growth, Bloomberg Intelligence analyst Ken Foong warned. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The company\u2019s been struggling for a while now: <\/strong>VinFast \u2014 along with Tesla, Rivian, Xpeng, Nio, Leapmotor, and Fisker \u2014 all either missed their annual production targets or experienced <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2bbadc72-a59b-4815-8ec6-32e1c1384e74\/eu-investors-will-pump-usd-500-mn-to-shore-up-ev-battery-supply-chain\" style=\"\" rel=\"noopener\">record low slumps<\/a> in stock earlier this year. The company saw its market cap drop from USD 190 bn to USD 13 bn over a five-month period. In the US, the company was forced to recall 999 of its VF8 SUVs from the US due to software issues.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Companies are reluctant to invest in critical minerals because <\/strong><strong>of slowing<\/strong><strong> EV market: <\/strong>Companies are not investing in critical minerals and renewables because of uncertainty regarding the consumer demand and government commitment for the projects, industry players said at the World Materials Forum last week, according to <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/investment-critical-minerals-web-doubt-industry-says-2024-07-15\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. Demand for critical materials is doing better in China and Asia than the West, where sales of EVs dropped significantly, including a 12% in the EU. <\/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>China\u2019s emissions decline for first time since 2016: <\/strong>China\u2019s power generation and oil consumption went down last month in parallel to increased adoption of renewables and EVs, setting the country up for a 7.2% to 8.2% emissions decline this year, the first for the country since 2016. This makes 2023 the year that China has hit peak output of greenhouse gasses. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-15\/top-polluter-china-s-shrinking-emissions-put-carbon-peak-in-play?srnd=homepage-americas\" style=\"\" rel=\"noopener\">Bloomberg<\/a>)<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-ammonia\/\">GREEN AMMONIA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-shipping\/\">green shipping<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/maersk\/\">Maersk<\/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=\"85410\" 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=\"85410\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">CLIMATE IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/07\/16\/african-woodlands-more-valuable-carbon-sinks-than-expected\/\">\r\n                            African woodlands more valuable carbon sinks than expected                        <\/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\/16\/african-woodlands-more-valuable-carbon-sinks-than-expected\/\" 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\/16\/african-woodlands-more-valuable-carbon-sinks-than-expected\/')\">\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\/16\/african-woodlands-more-valuable-carbon-sinks-than-expected\/\">\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=African woodlands more valuable carbon sinks than expected&url=https:\/\/enterpriseam.com\/climate\/2024\/07\/16\/african-woodlands-more-valuable-carbon-sinks-than-expected\/\">\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\/16\/african-woodlands-more-valuable-carbon-sinks-than-expected\/&title=African woodlands more valuable carbon sinks than expected\">\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=African+woodlands+more+valuable+carbon+sinks+than+expected+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F07%2F16%2Fafrican-woodlands-more-valuable-carbon-sinks-than-expected%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\/16\/african-woodlands-more-valuable-carbon-sinks-than-expected\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1224.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85411\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/07\/16\/african-woodlands-more-valuable-carbon-sinks-than-expected\/1224-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1224.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1224.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1224.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1224.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85410\" class=\"content-area-description single-story post-85410 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-in-the-news tag-carbon-storage tag-climate-in-the-news 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\/.9e5575d3-2e94-475f-803c-ad0d17eef683.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Africa\u2019s <\/strong><strong>forests more<\/strong><strong> valuable carbon sinks than previously thought: <\/strong>The miombo woodlands in southern Africa store over double the amount of carbon dioxide than previously assumed, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-10\/vast-african-forests-store-twice-as-much-carbon-as-thought?srnd=green\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported, citing a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/1120.pdf\" style=\"\" rel=\"noopener\">study (pdf)<\/a> by London-based carbon data provider Sylvera which collected data using drones, sensors, and helicopters. The forests can absorb the same amount of carbon as the world\u2019s annual net increase in atmospheric CO2, the research found.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What are the implications? <\/strong>As a result of the study\u2019s findings, the miombo woodlands are now considered much more valuable for carbon offset projects and debt-for-nature swaps. At the same time, destruction of the forests releases much more carbon than expected, making their preservation all the more pressing. Over the past four decades, the area has shrunk to 1.9 mn sqkm \u2014 down from 2.7 mn sqkm \u2014 due to deforestation from logging.<\/p>\n\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\/carbon-storage\/\">CARBON STORAGE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-in-the-news\/\">CLIMATE IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85412\" 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=\"85412\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/07\/16\/researchers-develop-a-compact-self-sufficient-solar-powered-green-hydrogen-module\/\">\r\n                            Researchers develop a compact, self-sufficient, solar-powered green hydrogen module                        <\/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\/16\/researchers-develop-a-compact-self-sufficient-solar-powered-green-hydrogen-module\/\" 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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Unlike traditional electrolysis, which requires large and complex systems, the new <a target=\"_blank\" href=\"https:\/\/www.sciencedirect.com\/topics\/engineering\/photoelectrochemical-cell\" style=\"\" rel=\"noopener\">photoelectrochemical cell (PEC)<\/a> module integrates the entire process within a single unit, instead of generating electricity separately for the purposes of later electrolysis elsewhere. The new tech, part of the <a target=\"_blank\" href=\"https:\/\/www.ikts.fraunhofer.de\/en\/departments\/electronics_microsystems_biomedicine\/hybrid_micro_systems\/functional_materials_for_hybrid_microsystems\/Neo-pec_innovative_hydrogen_technology.html\" style=\"\" rel=\"noopener\">Neo-PEC joint research project<\/a>, offers a reliable method for generating hydrogen without a carbon footprint.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How does it work? <\/strong>The tandem PEC module is designed to maintain a strict separation between hydrogen and oxygen during and after generation, the statement adds. The module\u2019s design allows it to absorb short-wavelength light on one side and long-wavelength light on the other, optimizing the use of solar energy. The module uses semiconducting materials coated on both sides of standard glass to split water into hydrogen and oxygen directly when exposed to sunlight. The method both simplifies the hydrogen production process and also enhances efficiency and flexibility.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What differentiates the model from typical ones? <\/strong>The photovoltaic elements within the module provide additional voltage to enhance the system\u2019s efficiency. With an active surface area of 0.5 sqm, a single module can generate over 30 kg of hydrogen per year under European sunlight conditions, sufficient to power a hydrogen car for 15k to 20k kms annually.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>An outlook:<\/strong> The Fraunhofer teams are planning to continue their research and development in collaboration with the private sector, aiming to further enhance the module\u2019s capabilities and expand its commercial applications.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-tech\/\">green tech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/on-your-way-out\/\">ON YOUR WAY OUT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85414\" 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\/16\/85414\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85414\" class=\"content-area-description single-story post-85414 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>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>6-7 November<\/span><span> (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/africa-press-releases\/southern-african-german-chamber-of-commerce-partners-with-critical-mineral-africa-cma-for-2024-summit-ccdt5jdr\" style=\"\">Critical Mineral Africa Summit<\/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>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 style=\"font-weight:400;\">, 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> emissions target.<\/span><\/p>\n\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>Oman\u2019s 44.01 closes series A | SDGs are lagging behind | Egypt to add 4 GW of renewables to its grid | FAB is the region\u2019s most sustainable company.<\/p>\n","protected":false},"featured_media":85397,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-85396","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"7061d4db-8e1c-45fd-8ef4-c1de6e3eb823","teaser":"Oman\u2019s 44.01 closes series A | SDGs are lagging behind | Egypt to add 4 GW of renewables to its grid | FAB is the region\u2019s most sustainable company.","photo_url":"https:\/\/ent.news\/2024\/1\/1151.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>Progress on 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