{"id":74062,"date":"2022-09-22T01:57:47","date_gmt":"2022-09-22T01:57:47","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2022\/09\/22\/can-climate-conscious-ppps-speed-us-to-net-zero\/"},"modified":"2022-09-22T01:57:47","modified_gmt":"2022-09-22T01:57:47","slug":"can-climate-conscious-ppps-speed-us-to-net-zero","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2022\/09\/22\/can-climate-conscious-ppps-speed-us-to-net-zero\/","title":{"rendered":"Can climate-conscious PPPs speed us to net zero?"},"content":{"rendered":"<p><strong>FOOD FOR THOUGHT-<\/strong> <strong>Climate-conscious PPPs are the fastest route to net zero<\/strong>, the senior vice president of <a href=\"https:\/\/www.mashreqbank.com\/en\/uae\/personal\/\">Mashreq Bank<\/a>\u2019s energy unit told <a href=\"https:\/\/www.zawya.com\/en\/projects\/utilities\/climate-smart-ppps-offer-the-fastest-route-to-net-zero-mashreq-bank-official-rser6duh\">Zawya<\/a> in an interview. Climate-smart PPPs will have to be open to adapting in order to strike a balance between energy security, geopolitics and climate change. Badar Chaudhry noted that boosting private investor confidence by de-risking finance and providing government-backed guarantees and joint investments with the support of export credit agencies will be key to accurately predicting the cost of the green transition. He also noted that the bill associated with the green transition \u201cvaries hugely\u201d from USD 1.5 tn annually to USD 9.2 tn annually.<\/p>\n<p><strong>UAE universities are looking to dive deeper into green research:<\/strong> Sharjah Research Technology and Innovation Park (<a href=\"https:\/\/srtip.ae\/\">SRTIP<\/a>) and John von Neumann University of Hungary (<a href=\"https:\/\/www.uni-neumann.hu\/en_GB\/home\/english\">JvNU<\/a>) to cooperate on scientific research, technology and culture, reports <a href=\"https:\/\/www.wam.ae\/en\/details\/1395303085033\">WAM<\/a>. Both entities will collaborate with the American University of Sharjah (<a href=\"https:\/\/www.aus.edu\/\">AUS<\/a>) to promote green hydrogen, the green economy and green vehicles, including redeveloping JvNU\u2019s <a href=\"https:\/\/www.zawya.com\/ar\/%D8%A7%D9%84%D8%A8%D9%8A%D8%A7%D9%86%D8%A7%D8%AA-%D8%A7%D9%84%D8%B5%D8%AD%D9%81%D9%8A%D8%A9\/%D8%A8%D9%8A%D8%A7%D9%86%D8%A7%D8%AA-%D8%AD%D9%83%D9%88%D9%85%D9%8A%D8%A9\/megalux-qimtrjgt\">Megalux solar car model<\/a> \u2014 one of the university's most successful projects.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li>The UAE will launch <strong>Independent Climate Change Accelerators<\/strong> (UICCA), a <strong>climate change think tank in the lead-up to COP28<\/strong> in 2023, according to an <a href=\"https:\/\/www.wam.ae\/en\/details\/1395303085098\">announcement<\/a> on Tuesday.<\/li>\n<li>The<a href=\"https:\/\/www.nbbonline.com\/\"><\/a><strong><a href=\"https:\/\/www.nbbonline.com\/\">National Bank of Bahrain (NBB) Group<\/a><\/strong> has installed <strong>solar panels<\/strong> to power four of its banking facilities and financial malls in Bahrain, according to a <a href=\"https:\/\/bit.ly\/3QVrKU5\">statement<\/a> posted on Tuesday.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>FOOD FOR THOUGHT- Climate-conscious PPPs are the fastest route to net zero, the senior vice president of Mashreq Bank\u2019s energy unit told Zawya in an interview. Climate-smart PPPs will have to be open to adapting in order to strike a balance between energy security, geopolitics and climate change. Badar Chaudhry noted that boosting private investor [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[67],"tags":[66,82,11,39,921,88,94,52],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-74062","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-bahrain","tag-enterpriseclimate","tag-green-hydrogen","tag-national-bank-of-bahrain","tag-renewables","tag-solar","tag-uae","wpautop","entry"],"acf":{"mongo_id":"2f1092df-1d69-41d3-af1f-8af635beea74","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[74051],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Can climate-conscious PPPs speed us to net zero? - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2022\/09\/22\/can-climate-conscious-ppps-speed-us-to-net-zero\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Can climate-conscious PPPs speed us to net zero?\" \/>\n<meta property=\"og:description\" content=\"FOOD FOR THOUGHT- Climate-conscious PPPs are the fastest route to net zero, the senior vice president of Mashreq Bank\u2019s energy unit told Zawya in an interview. Climate-smart PPPs will have to be open to adapting in order to strike a balance between energy security, geopolitics and climate change. 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