{"id":87548,"date":"2024-10-24T00:00:00","date_gmt":"2024-10-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=87548"},"modified":"2025-12-15T11:42:00","modified_gmt":"2025-12-15T11:42:00","slug":"icd-extends-financing-for-21-mw-solar-plant-in-turkey","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/icd-extends-financing-for-21-mw-solar-plant-in-turkey\/","title":{"rendered":"ICD extends financing for 21 MW solar plant in Turkey"},"content":{"rendered":"<section id=\"87550\" 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=\"87550\">\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\/10\/24\/today-icd-invests-in-a-turkey-solar-project-cop29-releases-final-declarations-and-pledges-text\/\">\r\n                            TODAY: ICD invests in a Turkey solar project + COP29 releases final declarations and pledges text                        <\/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\/10\/24\/today-icd-invests-in-a-turkey-solar-project-cop29-releases-final-declarations-and-pledges-text\/\" 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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Also, don't miss our deep-dive into the state of biodiversity financing as COP16 continues in session.<\/p>\n<p class=\"tag-border-left\">COP WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a><\/strong><strong>The <\/strong><strong>COP29 <\/strong><strong>Presidency released the summit\u2019s final texts of declarations and pledges as <\/strong><strong>part of its <\/strong><strong><a target=\"_blank\" href=\"https:\/\/cop29.az\/en\/pages\/cop-29-presidential-action-agenda-global-initiatives\" style=\"\" rel=\"noopener\">action agenda<\/a><\/strong><strong>, <\/strong>according to a <a target=\"_blank\" href=\"https:\/\/cop29.az\/en\/media-hub\/news\/cop29-presidency-publishes-final-texts-of-declarations-and-pledges-for-upcoming-un-climate-summit\" style=\"\" rel=\"noopener\">statement<\/a>. These <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/10\/2105.pdf\" style=\"\" rel=\"noopener\">pledges and declarations (pdf)<\/a> are not part of the official negotiations and make no new commitments in numbers, with the exception of the COP29 Global Energy Storage and Grids Pledge which aims at increasing global energy storage <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3f2f5ef4-95b7-4b19-a6c3-15822304807c\" style=\"\" rel=\"noopener\">by sixfold by 2030<\/a> to reach 1.5 TW. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">The details: The pledges include a Truce Appeal \u2014 so far supported by 127 countries and nearly 1.1k non-state actors \u2014 calling for a pause in conflicts during the summit to reduce emissions from military activities. The other texts include;<\/p>\n<ul>\n<li>COP29 Green Energy Zones and Corridors Pledge<\/li>\n<li>COP29 Hydrogen Declaration<\/li>\n<li>COP29 Declaration on Green Digital Action<\/li>\n<li>COP29 Declaration on Reducing Methane from Organic Waste<\/li>\n<li>COP29 Multisectoral Actions Pathways (MAP) Declaration to Resilient and Healthy Cities<\/li>\n<li>COP29 Declaration on Enhanced Action in Tourism<\/li>\n<li>COP29 Declaration on Water for Climate Action <\/li>\n<\/ul>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-bottom-border-left-border-left-style:solid;border-top-orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-right-border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong>IN OTHER NEWS- Azerbaijan is set to significantly expand its fossil gas production over the next decade despite criticisms<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/environment\/2024\/oct\/23\/cop29-host-azerbaijan-set-for-major-fossil-gas-expansion-report-says\" style=\"\" rel=\"noopener\">The Guardian<\/a> reports citing a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/10\/2052.pdf\" style=\"\" rel=\"noopener\">report (pdf)<\/a> by German NGO <a target=\"_blank\" href=\"https:\/\/www.urgewald.org\/en\/english\" style=\"\" rel=\"noopener\">Urgewald<\/a>. The state-owned oil and gas company, Socar, plans to increase annual gas production from 37 bn cubic meters to 49 bn cubic meters by 2033. The expansion comes despite Azerbaijan's climate action plan being <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ae7aee1b-3fab-4b46-adac-39132a0a12da\" style=\"\" rel=\"noopener\">rated \"critically insufficient\"<\/a> by Climate Action Tracker. <\/p>\n<p style=\"border-right-style:solid;border-top-width:0pt;border-bottom-border-left-border-left-style:solid;border-top-orphans:2;text-align:left;padding:0;margin:0;border-right-width:0pt;line-height:1.15;border-right-border-left-width:0pt;border-top-style:solid;border-bottom-width:0pt;border-bottom-style:solid;widows:2\"><strong>D\u00e9j\u00e0 vu? <\/strong>Echoing COP28 criticisms, the report criticizes the decision to choose a country with a vested interest in fossil fuels to oversee crucial climate negotiations. In 2023, Socar invested 97% of its capital expenditure into oil and gas projects, with minimal progress in renewable energy.<\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>#1-<\/strong> <strong>Saudi\u2019s Industry and Mineral Resources Ministry is accepting <\/strong><strong>bids for seven new mining exploration licenses across Makkah and Riyadh<\/strong>, covering an area of nearly 1.1k sq km, it said in <a target=\"_blank\" href=\"https:\/\/x.com\/Jarrah_4\/status\/1848700109204160717\" style=\"\" rel=\"noopener\">a post on X<\/a>. Bidding through the ministry\u2019s Taadeen platform is open to both local and international investors, and is set to run until mid-November. The sites have reserves of key minerals including gold, copper, zinc, and silver.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s been a busy week: <\/strong>Earlier this week, the government <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e3f31033-8bc1-4a62-bb4e-ae100b7aaa4d\/saudi-shortlists-six-companies-for%253cmark%253e-mining%253c%2Fmark%253e-exploration-program\" style=\"\" rel=\"noopener\">shortlisted six companies<\/a> bidding for the first batch of licenses as part of its <a target=\"_blank\" href=\"https:\/\/taadeen.sa\/en\/exploration-enablement-program\" style=\"\" rel=\"noopener\">Exploration Enablement Program (EEP)<\/a> earlier this week. The program \u2014 rolled out <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d7dc71f7-c0b0-4a5c-852f-d706b9cf6983\/ksa-signs-spate-of-mining-agreements-worth-usd-20-bn-%2B-launches%253cmark%253e-usd-182-mn%253c%2Fmark%253e-mineral-exploration-incentive-program\" style=\"\" rel=\"noopener\">earlier this year<\/a> \u2014 aims to incentivize critical minerals exploration, including copper, lithium, and nickel, by reducing early-stage risks. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>KSA has big mining ambitions: <\/strong>The government is supporting several incentives to attract local and foreign mining investors as part of a push to become a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d7dc71f7-c0b0-4a5c-852f-d706b9cf6983\/ksa-signs-spate-of-mining-agreements-worth-usd-20-bn-%2B-launches%253cmark%253e-usd-182-mn%253c%2Fmark%253e-mineral-exploration-incentive-program\" style=\"\" rel=\"noopener\">global hub<\/a> for metals critical for the energy transition and become an EV manufacturing hub. The push is part of a larger strategy aiming to diversify the country\u2019s economy away from oil.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a><\/strong><strong>#2- New finance guide can unlock extra USD 200 bn per year: <\/strong>The finance-sector-led <a target=\"_blank\" href=\"https:\/\/www.esgtoday.com\/major-financial-institutions-launch-impact-disclosure-taskforce-to-enable-capital-flows-to-achieve-sdgs\/\" style=\"\" rel=\"noopener\">Impact Disclosure Taskforce<\/a> has released a voluntary guide that could help companies unlock an extra USD 200 bn per year for sustainable development financing, JP Morgan\u2019s Development Finance head Arsalan Mahtafar told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/sustainable-finance-reporting\/finance-guide-could-spur-extra-200-billion-sustainable-development-jpmorgan-says-2024-10-23\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. The money can contribute to the USD 4.2 tn financing gap for the UN\u2019s Sustainable Development Goals. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How does the guide help? <\/strong>The guide contains a five-step methodology to help investors for ESG by evaluating the issuer's ESG strategy, products, and operations. The guide also recommends that issuers publish in advance the targeted impact, mechanisms to achieve it, and key measurement indicators. The guide could help drive \u201ca market and an industry consensus of how development impact should be measured and disclosed,\" Mahtafar told the newswire. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- China\u2019s automakers to double offshore manufacturing: <\/strong>Chinese automakers are rapidly increasing their investments in overseas full-process manufacturing capacity to bypass punitive EV tariffs and meet rising demand in emerging markets, according to <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-10-23\/china-carmakers-set-to-double-overseas-capacity-to-beat-tariffs\" style=\"\" rel=\"noopener\">BloombergNEF<\/a>. This contrasts the country\u2019s previous approach that favored building assembly lines abroad, where key car components were still made in China. Leading Chinese brands, including BYD, Chery, and SAIC, have announced 10 projects to expand overseas production capacity so far in 2023, with Thailand, Indonesia, and Brazil as major destinations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>China has been fighting massive EV tariffs: <\/strong>China initiated a trade dispute at the World Trade Organization (WTO) against Turkey earlier this month, targeting its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b54e6087-d104-416e-9644-4d2426dbe6b6\/today:-expansion-plans-for-acwa-%2B-morocco-breaks-ground-on-largest-desal-plant\" style=\"\" rel=\"noopener\">40% tariffs<\/a> and restrictive import conditions on Chinese EVs and hybrids, describing the measures as \u201cdiscriminatory\u201d and \u201cprotectionist.\u201d Earlier this month, China <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a6262f28-9d85-493e-9e8b-344f312a9197\/today:-acwa-eyes-the-turkish-green-sector-%2B-lots-of%253cmark%253e-tariff%253c%2Fmark%253e-talk\" style=\"\" rel=\"noopener\">requested<\/a> the WTO to rule on Canada\u2019s recent <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e0374f28-02a6-4ec9-ba88-a586b8a8684c\" style=\"\" rel=\"noopener\">100% tariffs on Chinese EVs<\/a>. The US has also recently confirmed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3f2f5ef4-95b7-4b19-a6c3-15822304807c\/today:-a-big-weekend-for-renewables-in-egypt-%2B-ocp-secures-a-loan-to-shore-up-water-scarcity-in-morocco\" style=\"\" rel=\"noopener\">100% tariffs<\/a> on Chinese EVs and excluded Chinese-made components from EV subsidies. Last Friday, the EU also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b843e3c4-0ae2-4edf-96c8-a80fd9d1e27f\/today:-uae%25e2%2580%2599s-taqa-drums-up-green-financing-%2B-oman%25e2%2580%2599s-ffo-details-initial-investments-in-clean-energy\" style=\"\" rel=\"noopener\">passed a vote<\/a> to apply up to 45% tariffs on Chinese-made EVs for five years.<\/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\">DANGER ZONE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Devastating floods that recently struck Cameroon, Chad, Niger, Nigeria, and Sudan <\/strong><strong>were made worse by human-caused climate change<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/10\/2023.pdf\" style=\"\" rel=\"noopener\">report (pdf)<\/a> by World Weather Attribution (WWA). Global warming increased the intensity of this year\u2019s seasonal downpours by 5% and 20% in the Niger and Lake Chad basins, respectively, resulting in the deaths of around 1.5k people and the displacement of over 1 mn, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/environment\/climate-change-worsened-rains-flood-hit-african-regions-scientists-say-2024-10-23\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing the UN Office for the Coordination of Humanitarian Affairs. The floods \u2014 intensified by overwhelmed dams in Nigeria and Sudan \u2014 are becoming increasingly common, with experts warning that if global warming reaches 2\u00b0C by the 2050s, such intense rainfall could occur almost every year instead of the current predicted frequency of once every 5 years and 10 years, for Niger and Lake Chad basins, respectively. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Intense rains are twice as likely to occur:<\/strong> In Sudan, unprecedented rainfall from June to August devastated large parts of the country, deepening an ongoing humanitarian crisis. Global warming has doubled the likelihood of such extreme rainfall events in the region, with climate models predicting even heavier rains as global temperatures continue to rise, the report found. The floods have exposed existing vulnerabilities like poverty, conflict, forced displacement, and inadequate infrastructure. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Policy changes are needed: <\/strong>Addressing these issues requires urgent improvements in water management, climate-resilient infrastructure, and better transboundary cooperation for early warning systems to mitigate future disasters, according to the WWA.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The combined effects of microplastics and <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.epa.gov\/pfas\/pfas-explained\" style=\"\" rel=\"noopener\">perfluoroalkyl substances (PFAS)<\/a><\/strong><strong> \u2014 known as <\/strong><strong>forever chemicals \u2014 is significantly more harmful to aquatic life than each in isolation<\/strong>, according to a new <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/10\/2031.pdf\" style=\"\" rel=\"noopener\">study (pdf)<\/a> published in the journal Environmental Pollution. Together, these chemicals lead to more severe toxic effects, including developmental failures, delayed maturity, and stunted growth in aquatic species. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And previous chemical exposure heightens risks: <\/strong>Previous exposure to pollutants made organisms less tolerant to these harmful chemical combinations, with interactions between the chemicals resulting in 59% \u201cadditive\u201d and 41% \u201csynergistic\u201d effects, the study found. \"Understanding the chronic, long-term effects of chemical mixtures is crucial, especially when considering that previous exposures to other chemicals and environmental threats may weaken organisms' ability to tolerate novel chemical pollution,\u201d lead researcher Luisa Orsini <a target=\"_blank\" href=\"https:\/\/phys.org\/news\/2024-10-microplastics-pfas-daphnia-combined-impact.html\" style=\"\" rel=\"noopener\">said<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why does it matter? <\/strong>Current policies and regulations on chemical toxicity are derived from studies focusing on acute exposure and individual chemicals, according to the study's co-lead Mohamed Abdallah. This study, however, differs from its counterparts in that it focuses on the combined effect of multiple agents and the impacts of long-term exposure. \u201cIt is imperative that we investigate the combined impacts of pollutants on wildlife throughout their lifecycle to get a better understanding of the risk posed by these pollutants under real-life conditions,\u201d Abdallah added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next?<\/strong> There is a need for new regulatory frameworks to address the combined impact of chemical pollutants, which pose a growing threat to wildlife and potentially humans, the researchers found. These findings call for urgent policy changes to better protect the environment from complex chemical interactions. <\/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 EnterpriseAM Climate, the essential MENA publication for senior <\/strong><strong>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>EnterpriseAM Climate is available without charge <\/strong>thanks to the generous support of our friends at HSBC and Infinity Power.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of Enterprise Climate.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on <a target=\"_blank\" href=\"mailto:climate@enterprisemea.com\" style=\"\" rel=\"noopener\">climate@enterprisemea.com<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW <\/strong>that we also cover <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">the UAE<\/a>, and the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">MENA<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics industry<\/a> ?<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;line-height:1.1500000000000001;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>Saudi Arabia will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/fii-institute.org\/press\/unveiling-the-8th-future-investment-initiatives-theme-infinite-horizons-investing-todayshaping-tomorrow\/\" style=\"\" rel=\"noopener\">Future Investment Initiative Conference<\/a><\/strong><strong> from Tuesday, 29 <\/strong><strong>October to Thursday, 31 October,<\/strong> in Riyadh. The conference will gather entrepreneurs, political leaders, and decision-makers to explore investment options in AI, sustainability, energy, and more.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><strong>Egypt will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/wuf.unhabitat.org\/\" style=\"\" rel=\"noopener\">World Urban Forum<\/a><\/strong><strong> from Monday, 4 November to Friday, 8 November<\/strong>, in Cairo. The forum, established by the UN and one of its largest non-legislative events, will center around the effect of rapid urbanization on communities, economies, climate change, and policies and will bring together government representatives, academics, business people, urban planners, and more. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><strong>South Africa will host the <\/strong><strong><a target=\"_blank\" 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=\"\" rel=\"noopener\">Critical Mineral Africa Summit<\/a><\/strong><strong> from Wednesday, 6 November to <\/strong><strong>Thursday, 7 November,<\/strong> in Cape Town. The summit aims to attract critical minerals investment to the continent and will be held alongside African Energy Week. The summit will be held in partnership with the Southern African-German Chamber of Commerce Partners representing Germany\u2019s increasing investments in southern Africa.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><strong>Azerbaijan will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/unfccc.int\/cop29\" style=\"\" rel=\"noopener\">United Nations Climate Change Conference or Conference of the<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/unfccc.int\/cop29\" style=\"\" rel=\"noopener\">Parties (COP29)<\/a><\/strong><strong> from Monday, 11 November to Friday, 22 November, <\/strong>in Baku. The annual conference brings together governments, world leaders, and other stakeholders to advance the Paris Agreement and negotiate ways to fight climate change. The United Nations Framework Convention on Climate Change\u2019s objective is to \u201cstabilize greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous anthropogenic interference with the climate system\u201d.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/cop29\/\">COP29<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/debt-for-nature\/\">debt-for-nature<\/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\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/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=\"87552\" 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=\"87553\" 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=\"87553\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/10\/24\/icd-extends-financing-for-21-mw-solar-plant-in-turkey\/\">\r\n                            ICD extends financing for 21 MW solar plant in Turkey                        <\/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\/10\/24\/icd-extends-financing-for-21-mw-solar-plant-in-turkey\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The project was approved under the <a target=\"_blank\" href=\"https:\/\/futureenergygo.com\/yekdem-renewable-energy-turkey\/\" style=\"\" rel=\"noopener\">Renewable Energy Support Scheme (YEKDEM)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About YEKDEM: <\/strong>The scheme aims to boost the development of renewable energy projects by providing financial support through feed-in tariffs, the statement notes. The government sets the tariffs and provides a guaranteed price for the electricity produced from the projects for a specific time period. The initiative is part of a general policy push to support the renewables sector that also includes the Renewable Energy Resources Area (YEKA) program. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Turkey has big renewables plans:<\/strong> Turkey is working on <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/45010857-b207-4231-93d2-da20e8324c6b\" style=\"\" rel=\"noopener\">renewable energy regulation amendments<\/a> to boost private sector investments in a bid to quadruple wind and solar power to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/45010857-b207-4231-93d2-da20e8324c6b\/%253cmark%253eturkey%253c%2Fmark%253e-streamlines-regulation-to-boost-private-sector-investments-in-renewables\" style=\"\" rel=\"noopener\">120 GW by 2035<\/a>. The government is planning changes to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b0a98f1a-7b6b-489f-b173-f0210d8f8493\/today:-adnoc-set-to-finalize-fertiglobe-acquisition-tomorrow-%2B-morocco-launches-270-mw-wind-farm\" style=\"\" rel=\"noopener\">its YEKA licensing program<\/a> to amass applications for 34 GW of potential plants. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/turkey\/\">Turkey<\/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=\"87555 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=\"87555\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/10\/24\/87555\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-87555\" class=\"content-area-description single-story post-87555 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/weareinfinitypower.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/851.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"87556\" 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=\"87556\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Macro Picture<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/10\/24\/as-biodiversity-loss-rises-the-financing-needed-to-combat-it-is-far-behind\/\">\r\n                            As biodiversity loss rises, the financing needed to combat it is far behind                        <\/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\/10\/24\/as-biodiversity-loss-rises-the-financing-needed-to-combat-it-is-far-behind\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The long-run economic damages from biodiversity loss are also estimated at a staggering USD 2 tn to 4.5 tn per year, according to a Sustainable Finance Platform (SFP) <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/10\/1772.pdf\" style=\"\" rel=\"noopener\">report (pdf)<\/a>. To reverse this, annual spending on restoration and protection needs to hit the USD 824 bn mark, the UN\u2019s <a target=\"_blank\" href=\"https:\/\/www.biofin.org\/about-biofin\/what-biodiversity-finance\" style=\"\" rel=\"noopener\">Biodiversity Finance Initiative<\/a> (Biofin) estimates. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Major lenders are going to COP16: <\/strong>Biodiversity financing is on Wall Street\u2019s radar for the first time ahead of COP16 with the world\u2019s biggest lenders \u2014 including JPMorgan, Standard Chartered, HSBC, Bank of America, Deutsche Bank, and Citigroup \u2014 currently attending the UN\u2019s COP16 biodiversity summit in Columbia for the first time next week, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-10-13\/global-banks-want-to-monetize-biodiversity?srnd=green\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But involvement is still ambiguous: <\/strong>Banks have not made any official commitments to nature and biodiversity financing just yet, and the world is far off from a global voluntary market similar to carbon markets due to a lack of mature frameworks, said JPMorgan\u2019s head of nature and biodiversity Gwen Yu. JPMorgan, for example, is attending COP16 to see how biodiversity \u201cfits into our book\u201d and if there is client demand, while Standard Chartered needs to look into what the most \u201cbankable, investible opportunities\u201d are, according to head of nature Oliver Withers. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Current financing barely steps up to the challenge: <\/strong>It is estimated that up to USD 824 bn would be needed annually to protect and restore nature by 2030, which is far above the current USD 143 bn annual spend of 2021, according to the UN\u2019s <a target=\"_blank\" href=\"https:\/\/www.biofin.org\/about-biofin\/what-biodiversity-finance\" style=\"\" rel=\"noopener\">Biodiversity Finance Initiative<\/a> (Biofin). Although more and more private entities are turning to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/752a500e-c36e-4bb0-bdc2-6bd55701717c\/today:-adnoc-finalizes-fertiglobe-acquisition-%2B-amea-power-makes-a-cox-investment\" style=\"\" rel=\"noopener\">green investing tools<\/a> to satisfy climate commitments while turning a profit, investment in targeted biodiversity funds is limited, currently estimated at just USD 4 bn of volume by MorningStar Direct. Banks had previously kept their distance from the uncertainty of the issue but they may be having a change of heart as biodiversity rears financial potential. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The health of biodiversity is linked to the health of economies and societies.<\/strong> Marine and terrestrial ecosystems act as major carbon sinks taking in 60% of global emissions, and biodiversity accounts for USD 235 bn - USD 577 bn in economic output. Ecosystem services as a whole are responsible for USD 125 - 140 tn per year of societal benefits, which is equal to around one and a half times the global GDP in 2020, according to the SPF report. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Financial institutions are also at risk: <\/strong>Financial institutions are also hit with credit and investment risk, market risk, legal risk, or regulatory risk as a result of biodiversity loss, the report states. If natural resources become hard to access, production problems would plague supply chains, harming investment returns. In terms of legal risk, those who incur damages can pursue legal action especially as more and more governments ask banks to disclose their biodiversity impacts. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>One emerging biodiversity finance product is public debt-for-nature swaps,<\/strong> in which governments refinance debt to then put it towards conservation, but the tactic remains at a low volume, according to Bloomberg. Only two major agreements involving <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f46d4ece-0146-4eaa-8ca4-6a1acfc34a5c\/today:-riyad-bank-closes-usd-750-mn-sustainable-sukuk-issuance\" style=\"\" rel=\"noopener\">Ecuador<\/a> and <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-10-22\/barclays-analysts-say-jpmorgan-el-salvador-swap-needs-scrutiny?srnd=phx-green\" style=\"\" rel=\"noopener\">El Salvador<\/a> \u2014 marked at USD 1.6 bn and USD 1 bn \u2014 were reported before, respectively. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>They come with scrutiny: <\/strong>Ecuador\u2019s USD 1.6 bn agreement is currently under investigation over whether there were breaches of the Inter-American Development Bank\u2019s environmental and social policies, and some analysts are casting doubt over the possible efficacy of investing in El Salvador. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Biodiversity credits are another option: <\/strong>These credits offer a means for conservationist groups to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e17e717f-626b-47d8-bea3-c8a4630f3f49\/\" style=\"\" rel=\"noopener\">monetize their biodiversity efforts and sell them as units<\/a> to corporations looking to support preservation efforts, or meet their own sustainability targets. For biodiversity credits to work, they need to offer an alternative to biodiversity offsets. This alternative should not allow companies to damage nature in one part of the world.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some argue there\u2019s proof in the pudding:<\/strong> The United Nations Development Programme (UNDP) is backing biodiversity credits to boost conservation efforts, according to the UNDP. The UN Convention on Biological Diversity says the tool, if established correctly, can help plug the USD 700 bn financing gap needed per year to protect nature, according to the UN <a target=\"_blank\" href=\"https:\/\/www.un.org\/sustainabledevelopment\/blog\/2021\/07\/a-new-global-framework-for-managing-nature-through-2030-1st-detailed-draft-agreement-debuts\/\" style=\"\" rel=\"noopener\">Global Framework for Managing Nature Through 2030<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>While others call foul: <\/strong>Over 100 nonprofit organizations and academics voiced their concern over UN support for bio credits, calling it a \u201c <a target=\"_blank\" href=\"https:\/\/greenfinanceobservatory.org\/2022\/11\/04\/open-letter-119-experts-call-to-protect-nature-from-the-nature-positive-economy\/\" style=\"\" rel=\"noopener\">false solution<\/a> \u201d that would enable companies to greenwash their businesses without yielding biodiversity gains. \u201cYet, just as [...] carbon offset markets have been a documented failure, thereby contributing to our failure to mitigate climate change, financialising the destruction of biodiversity would most likely fail to address critical loss of biodiversity,\u201d the organizations state.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Other avenues include grants and bonds: <\/strong>Grants are another option for financing biodiversity projects such as through the <a target=\"_blank\" href=\"https:\/\/www.international-climate-initiative.com\/en\/\" style=\"\" rel=\"noopener\">German International Climate Initiative<\/a> which has funded such projects since 2008, according to the <a target=\"_blank\" href=\"https:\/\/www.biofin.org\/about-biofin\/what-biodiversity-finance\" style=\"\" rel=\"noopener\">Biodiversity Finance Initiative<\/a>. Colombian bank BBVA \u2014 with the IFC as a structurer and investor \u2014 recently issued the world\u2019s first USD 15 mn tranche of a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/457e6720-08c2-41ac-8102-9d5078035111\/ebrd-issues-eur-1-bn-7-year-green%253cmark%253e-bond%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">USD 70 mn biodiversity bond<\/a>. The bond will finance reforestation, regeneration of natural forests on degraded lands, climate-smart and regenerative agriculture, and restoration of wildlife habitats. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BBVA is a pioneer: <\/strong>The BBVA\u2019s biodiversity bond linked its metrics to environmental benefits, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/338dd196-8605-4d28-af8d-4faf5c8f7cb6\" style=\"\" rel=\"noopener\">Financial Times<\/a> reported. Investors make returns from a mixture of sources including carbon tax, government funding, and donors. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s slowing things down? <\/strong>Greenwashing is another big deterrent to green finance in general because the markets are voluntary and lack guidelines, making it hard to determine what is green and what isn\u2019t, <a target=\"_blank\" href=\"https:\/\/www.bakermckenzie.com\/-\/media\/files\/insight\/publications\/2019\/09\/iflr--green-bonds-%28002%29.pdf\" style=\"\" rel=\"noopener\">Baker McKenzie<\/a> writes. Since there are no standard criteria for what qualifies as green, issuers decide which of their projects are eligible, allowing them the freedom to maneuver projects. Investors on the receiving end might be wary of the use of proceeds and whether they qualify for their investment requirements. Proponents of the financial tool, therefore, often advocate for increased transparency in the green bonds market. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ultimately, investors want peace of mind: <\/strong>Since green and biodiversity bonds can be riddled with complexity, including what the standards and guidelines are, some investors choose to opt for more straightforward products. Setting clear guidelines would be key for biodiversity bonds.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/biodiversity\/\">biodiversity<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"87558\" 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=\"87558\">\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\/10\/24\/jordans-household-solar-energy-gets-a-push\/\">\r\n                            Jordan\u2019s household solar energy gets a push                        <\/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\/10\/24\/jordans-household-solar-energy-gets-a-push\/\" 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\/10\/24\/jordans-household-solar-energy-gets-a-push\/')\">\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\/10\/24\/jordans-household-solar-energy-gets-a-push\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Jordan\u2019s household solar energy gets a push&url=https:\/\/enterpriseam.com\/climate\/2024\/10\/24\/jordans-household-solar-energy-gets-a-push\/\">\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\/10\/24\/jordans-household-solar-energy-gets-a-push\/&title=Jordan\u2019s household solar energy gets a push\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Jordan%E2%80%99s+household+solar+energy+gets+a+push+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F10%2F24%2Fjordans-household-solar-energy-gets-a-push%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\/10\/24\/jordans-household-solar-energy-gets-a-push\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2002.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"87559\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/10\/24\/jordans-household-solar-energy-gets-a-push\/2002-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2002.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2002.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2002.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2002.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-87558\" class=\"content-area-description single-story post-87558 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-egypt tag-enterpriseclimate tag-jordan tag-saudi-arabia tag-solar-energy tag-startups 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\/10\/.83e27357-0313-414f-a9fd-6c1ec7c158a7.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">SOLAR-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Jordan makes big push into its renewables\u2019 household sector program:<\/strong> The Jordan Renewable Energy and Energy Efficiency Fund (JREEEF) signed 20 agreements to partner with charitable and cooperative associations in installing 4k solar energy systems and 5k solar heaters around the country by the end of the year, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/MEMR1GOV\/posts\/pfbid02bG64gTJPDjMXwQreemdBNAD36xnmNUmVo4rkskXr6M5WR9mwtVrs1jrCF44HbyEul\" style=\"\" rel=\"noopener\">statement<\/a>. The non-governmental partners would serve as financing windows for the 2024\/2025 household sector program, which is supported by a 30% subsidy from the ministry.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Jordan recently announced tax exemptions for green tech: <\/strong>Jordan\u2019s cabinet approved new rules <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/6440d77f-37ca-47e3-a2fb-332d2e9fa56c\" style=\"\" rel=\"noopener\">exempting renewable energy and energy efficiency equipment<\/a> from customs duties and general sales tax in August. Part of the new regulations encourage households and businesses to install on-site solar power generation capacities. The new policy will give tax exemptions to solar and wind energy equipment and materials including metal bases, cables, and transformers. Energy storage systems, concentrated solar power equipment, energy auditing services, solar water heating systems and their equipment, and insulation materials, were also added to the list of eligible products.<\/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\">STARTUP WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mega Green Accelerator selects winners after demo day: <\/strong>The <a target=\"_blank\" href=\"https:\/\/astrolabs.com\/themegagreenaccelerator\/\" style=\"\" rel=\"noopener\">Mega Green<\/a><a target=\"_blank\" href=\"https:\/\/astrolabs.com\/themegagreenaccelerator\/\" style=\"\" rel=\"noopener\">Accelerator<\/a> \u2014 a collaboration between PepsiCo, Sabic, and AstroLabs \u2014 has chosen a winner from the eight MENA startups they\u2019ve been backing based on demo presentations, according to a <a target=\"_blank\" href=\"https:\/\/x.com\/MGA_MENA\/status\/1848700335335874934?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet\" style=\"\" rel=\"noopener\">statement<\/a>. In first place, with a USD 100k award, came Egypt\u2019s <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/reel\/721806303493600\" style=\"\" rel=\"noopener\">Greenalystics (Viridia Tech)<\/a> which compiles crop analytics at scale for industrial agriculture companies to increase efficiency. Second place was given to Saudi Arabia\u2019s <a target=\"_blank\" href=\"https:\/\/miraisolar.com\/\" style=\"\" rel=\"noopener\">Mirai Solar<\/a> \u2014 which specializes in foldable solar tech for various industries \u2014 along with USD 30k in funding. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What is the Mega Green Accelerator? <\/strong>The program chose eight startups <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/d8d21075-d118-46b4-a4e3-52a9c0c364cb\/waste-management,-decarbonization,-and-ev-updates-from-uae,-oman,-and-egypt\" style=\"\" rel=\"noopener\">in May<\/a> to assist with funding, mentorship, and market access over the course of six months. The accelerator initially received 363 submissions for projects with a focus on the energy transition, food security through water and agricultural technology, and growing the circular economy. <\/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>KSA\u2019s Tetra Pak cuts emissions by 20% overall: <\/strong>Saudi-based food processing and packaging solutions company Tetra Paka has achieved a 20% reduction in greenhouse gas emitted from its total supply chain and a 47% reduction in direct operational emissions since 2019. The company is aiming for a 2030 net zero target. (<a target=\"_blank\" href=\"https:\/\/indd.adobe.com\/view\/8301e785-df68-4ec1-b305-ae11005cbc75\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Visa expands partnership with Emirates Nature-WWF to promote <\/strong><strong>sustainable farming:<\/strong> Visa has collaborated with Emirates Nature-WWF to explore innovative sustainability solutions, focusing on cultivating native Shu\u2019a trees \u2013 known for their low water needs and soil benefits \u2013 in the UAE. Visa would also support local farmers with financial education and market access resources to enhance their agri-business value chain. (<a target=\"_blank\" href=\"https:\/\/www.emiratesnaturewwf.ae\/en\/press-release\/1005-visa-and-emirates-nature-wwf-launch-shua-project-to-advance-food-innovation-and-tackle-biodiversity\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/jordan\/\">Jordan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar-energy\/\">solar energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/startups\/\">startups<\/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=\"87560\" 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=\"87560\">\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\/10\/24\/china-has-the-worlds-largest-alkaline-hydrogen-electrolyzer\/\">\r\n                            China has the world\u2019s largest alkaline hydrogen electrolyzer                        <\/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\/10\/24\/china-has-the-worlds-largest-alkaline-hydrogen-electrolyzer\/\" 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\/10\/24\/china-has-the-worlds-largest-alkaline-hydrogen-electrolyzer\/')\">\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\/10\/24\/china-has-the-worlds-largest-alkaline-hydrogen-electrolyzer\/\">\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=China has the world\u2019s largest alkaline hydrogen electrolyzer&url=https:\/\/enterpriseam.com\/climate\/2024\/10\/24\/china-has-the-worlds-largest-alkaline-hydrogen-electrolyzer\/\">\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\/10\/24\/china-has-the-worlds-largest-alkaline-hydrogen-electrolyzer\/&title=China has the world\u2019s largest alkaline hydrogen electrolyzer\">\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=China+has+the+world%E2%80%99s+largest+alkaline+hydrogen+electrolyzer+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2024%2F10%2F24%2Fchina-has-the-worlds-largest-alkaline-hydrogen-electrolyzer%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\/10\/24\/china-has-the-worlds-largest-alkaline-hydrogen-electrolyzer\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2048.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"87561\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2024\/10\/24\/china-has-the-worlds-largest-alkaline-hydrogen-electrolyzer\/2048-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2048.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2048.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2048.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2048.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-87560\" class=\"content-area-description single-story post-87560 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-carbon-markets tag-enterpriseclimate tag-green-finance tag-green-hydrogen tag-nuclear-energy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.cbab497f-8708-4e8a-a390-5f238c50129f.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>China unveils world\u2019s largest alkaline hydrogen electrolyzer:<\/strong> China\u2019s <a target=\"_blank\" href=\"https:\/\/www.shuangliangglobal.com\/\" style=\"\" rel=\"noopener\">Shuangliang<\/a> has launched the world's largest alkaline hydrogen electrolyzer with hydrogen production capacity of 5k Normal Cubic Metres Per Hour (Nm3\/h), according to a <a target=\"_blank\" href=\"https:\/\/www.shuangliangglobal.com\/newsdetails\/49\/127.html\" style=\"\" rel=\"noopener\">statement<\/a>. The electrolyzer boasts the highest current density and the lowest energy consumption under the same density category globally. Shuangliang demonstrated the electrolyzer's real-time full-load operation during the launch event showcasing its hydrogen production and low energy consumption. The world\u2019s <a target=\"_blank\" href=\"https:\/\/www.longi.com\/en\/news\/hydrogen-sinopec-project\/\" style=\"\" rel=\"noopener\">second-largest<\/a> electrolyzer was developed by China\u2019s Longi with a capacity of 4k Nm\u00b3\/h.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Shuangliang is active in our neck of the woods:<\/strong> The company <a target=\"_blank\" href=\"https:\/\/www.shuangliangglobal.com\/newsdetails\/12\/113.html\" style=\"\" rel=\"noopener\">signed an agreement<\/a> with Emirati EPC contractor MMEC Mannesmann in July to collaborate on \u201cclean energy technology research and development, project implementation, and market expansion.\u201d Shuangliang\u2019s solar material manufacturer subsidiary Shuangliang Eco-Energy is also supplying polycrystalline silicon reduction furnaces, hydrogen production equipment, and refrigeration units for a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/90c2c89c-ce03-4868-95cc-19071a2e4729\" style=\"\" rel=\"noopener\">USD 1.3 bn polysilicon production facility<\/a> in Oman\u2019s Sohar Port and Freezone.<\/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>US <\/strong><strong>eyes nuclear cooperation in Southeast Asia:<\/strong> The US is in talks with several Southeast Asian nations about the possibility of deploying small modular nuclear reactors (SMRs), <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-10-22\/us-in-talks-with-asian-nations-to-deploy-small-nuclear-reactors?srnd=phx-green\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports citing US Energy Department official Andrew Light. Countries in talks with the US include the Philippines, Singapore, and Thailand, said Light during the Singapore International Energy Week conference. SMRs \u2014 compact, moveable, and easily assembled nuclear reactors with up to 300 MW power capacity per unit \u2014 are being considered as a solution to meet the region's growing energy needs while reducing reliance on fossil fuels. The Philippines, for example, plans to start operations of its first traditional nuclear power plant by 2032. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There\u2019s growing interest in SMRs: <\/strong>Tech giant Google <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/752a500e-c36e-4bb0-bdc2-6bd55701717c\" style=\"\" rel=\"noopener\">inked an agreement<\/a> to purchase power from atomic energy company Kairos Power to meet the growing energy demand from data centers earlier this month. This marked the first corporate agreement worldwide to buy nuclear energy from SMRs. The first SMR is set to come online by 2030, with additional reactor deployments following through to 2035, bringing up to 500 MW of clean energy to US grids. Other tech giants like Microsoft and Amazon have also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7310ed89-e2b3-416c-8932-29b8b58d746b\/uk-called-on-to-pay-climate-reparation-at-commonwealth-summit\" style=\"\" rel=\"noopener\">turned<\/a> to nuclear power sources to meet emission targets.<\/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>Verra <\/strong><strong>is under scrutiny again: <\/strong>Former Verra director Kenneth Newcombe is accused of faking data to secure part of a USD 100 mn investment in C-Quest Capital \u2014 a company that he led as CEO, <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/ba6acac8-994d-4f63-a95c-8661be9bcdf0\" style=\"\" rel=\"noopener\">The Financial Times<\/a> reports. Newcombe\u2019s company allegedly submitted inflated data for carbon credits certified by Verra. Despite the controversy, allowing project developers on the company\u2019s board is \u201cnot inappropriate,\u201d the company's new CEO Mandy Rambharos said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Verra\u2019s<\/strong><strong> process was already in question:<\/strong> Verra\u2019s former CEO David Anatolli stepped down last year <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/2c1c8157-2f6f-4807-bd86-1a3e3f181d89\" style=\"\" rel=\"noopener\">following claims<\/a> that the company approved mns in \u201cworthless\u201d credits. This came after an investigation revealed that over 90% of the offsets provided by Verra are \u201cphantom credits,\u201d with only a handful showing evidence of reducing emissions. Climate-focused organizations, including Greenpeace, have been warning that carbon credits are a \u201cscam\u201d that mainly enables corporations to greenwash their carbon output.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/carbon-markets\/\">carbon markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-finance\/\">green finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/nuclear-energy\/\">Nuclear 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=\"87562\" 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=\"87562\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2024\/10\/24\/new-battery-tech-can-feed-the-grid-for-100-hours\/\">\r\n                            New battery tech can feed the grid for 100 hours                        <\/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\/10\/24\/new-battery-tech-can-feed-the-grid-for-100-hours\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The new battery technology offers a 100-hour continuous power supply, which is 25x longer than most current grid-tied batteries. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/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> Form's battery takes a different approach from lithium-ion technology, relying on iron and air. When the battery is in use, the iron inside the battery reacts with oxygen to create iron oxides (rust) and the reaction releases energy. During recharging, the process is reversed, separating the iron and oxygen.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There are challenges:<\/strong> Form's battery can discharge for 100 hours, but it also takes a full 100 hours to recharge. The batteries are also quite large, with each rectangular cell being a meter tall. These cells are stacked into modules of 30, and 10 modules are combined into a unit roughly the size of a shipping container. Twenty of these huge units can generate one MW of power, enough to supply electricity for about 750 average homes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next?<\/strong> Form \u2014 which raised <a target=\"_blank\" href=\"https:\/\/formenergy.com\/about\/#investors\" style=\"\" rel=\"noopener\">USD 1.2 bn from investors<\/a> including Breakthrough Energy \u2014 will deploy the batteries at power plants across the US starting next year. The company is also planning a second-generation battery that would add more energy storage capacity into each of the cells, which the company hopes would lead to its scaling-up plans in 2026.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/bess\/\">BESS<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"87564\" 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\/10\/24\/87564\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-87564\" class=\"content-area-description single-story post-87564 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:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>25-27 October (Friday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.alsidreff.org\/\" style=\"\">Al Sidr Environmental Film Festival<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE. <\/span><\/p>\n<p style=\"padding:0;line-height:1.1500000000000001;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>29-31 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/fii-institute.org\/press\/unveiling-the-8th-future-investment-initiatives-theme-infinite-horizons-investing-todayshaping-tomorrow\/\" style=\"\">Future Investment Initiative Conference<\/a><\/span><span style=\"font-weight:400;\">, Riyadh. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>4-7 November (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adipec.com\/press-media\/\" style=\"\">Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC)<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;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 Energy Week<\/a><\/span><span style=\"font-weight:400;\">, Cape Town, South Africa. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;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.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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>19-22 November (Tuesday-Friday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.was.org\/meeting\/code\/AFRAQ24\" style=\"\">Aquaculture Africa 2024<\/a><\/span><span style=\"font-weight:400;\">, Hammamet, Tunisia. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>3-4 December (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/msgbcoilgasandpower.com\/event\/msgbc-oil-gas-power-2024\/\" style=\"\">MSGBC Oil, Gas & Power 2024 conference<\/a><\/span><span style=\"font-weight:400;\">, Dakar, Senegal.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>3-5 December (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wesc-conference.qu.edu.qa\/\" style=\"\">World Energy storage Conference<\/a><\/span><span style=\"font-weight:400;\">, Doha, Qatar. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>4-6 December (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.icspies.org\/\" style=\"\">International Conference on Smart Power & Internet Energy Systems<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>10-12 December (Tuesday to Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mangroveconference.com\/en\/about\/conference\/\" style=\"\">International Mangrove Conservation and Restoration Conference<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>16-18 December (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/saudi-sg.com\/\" style=\"\">Saudi Arabia Smart Grid Conference<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>22-24 December (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/rsegp-conference.com\/\" style=\"\">Renewable & Sustainable Energies And Green Processes Conference<\/a><\/span><span style=\"font-weight:400;\">, Sousse, Tunisia. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>15-16 January (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.futuremineralsforum.com\/\" style=\"\">Future Minerals Forum<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>18-19 January (Saturday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/libyasummit.com\/\" style=\"\">Libya Energy & Economic Summit<\/a><\/span><span style=\"font-weight:400;\">, Tripoli, Libya. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>17-19 February (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.egypes.com\/\" style=\"\">Egypt Energy Show<\/a><\/span><span>, Cairo, Egypt. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>23-25 February (Sunday- Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/gweccc.com\/\" style=\"\">Global Water Energy and Climate Change Congress<\/a><\/span><span style=\"font-weight:400;\">, Manama, Bahrain.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JUNE 2025<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>17-20 June (Tuesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tap.info.tn\/en\/Portal-Economy\/17936683-tunis-to-host\" style=\"\">Mediterranean Water, Irrigation and Photovoltaic Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Tunisia. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">2024 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2025 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2026 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2027<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2030 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2035 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2045 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2050<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;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:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2060 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span>Nigeria aims to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/climate.enterprise.press\/stories\/2022\/08\/29\/today-welcome-to-enterprise-climate-the-essential-daily-covering-climate-change-in-the-middle-east-and-africa-business-finance-investment-79432\/\" style=\"\">achieve its net-zero<\/a><\/span><span> emissions target.<\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>ICD invests in a Turkey solar project | COP29 releases final declarations + pledges text | Jordan\u2019s household solar gets a push | More mining in Saudi<\/p>\n","protected":false},"featured_media":87549,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-87548","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"0e9b4144-a16a-48d5-9ce1-22dd6f0505d2","teaser":"ICD invests in a Turkey solar project | COP29 releases final declarations + pledges text | Jordan\u2019s household solar gets a push | More mining in Saudi","photo_url":"https:\/\/ent.news\/2024\/4\/511.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO 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