{"id":74502,"date":"2022-10-26T01:48:38","date_gmt":"2022-10-26T01:48:38","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2022\/10\/26\/today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route\/"},"modified":"2022-10-26T01:48:38","modified_gmt":"2022-10-26T01:48:38","slug":"today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2022\/10\/26\/today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route\/","title":{"rendered":"TODAY: Green sukuk are quite popular + The big COP27 showdown is en route"},"content":{"rendered":"<p><strong>Good morning, wonderful people <\/strong>\u2014 and welcome to another packed issue of Enterprise Climate. We have tons of stuff to talk about, so let\u2019s jump right in:<\/p>\n<p><strong>THE BIG CLIMATE STORY- Saudi Arabia\u2019s sovereign wealth fund, the Public Investment <\/strong><strong>Fund (PIF), has set up a regional voluntary carbon market company.<\/strong> It helped facilitate an auction of 1 mn tons of carbon credits \u2014 the world\u2019s largest carbon credit auction to date, according to PIF.<\/p>\n<p><strong>ALSO- UAE\u2019s renewables company Masdar acquired UK-based battery energy storage <\/strong><strong>system outfit Arlington Energy<\/strong> \u2014 just the latest in a series of acquisitions and investments in European and US renewables projects by big GCC-based players.<\/p>\n<p><strong>WATCH THIS SPACE #1- It\u2019s going to cost more to build solar plants for the next 5-7 years<\/strong> as high inflation and rising interest rates around the globe drive up costs faster than technology and the production of components at scale put downward pressure on the price of new builds. That\u2019s <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-10-25\/solar-costs-will-rise-for-many-years-says-saudi-arabia-s-acwa\">according to Paddy Padmanathan<\/a>, chief of KSA\u2019s Tadawul-listed Acwa Power.<\/p>\n<hr class=\"grey-line\">\n<p><strong>MEANWHILE- Egypt expects the cost of its green hydrogen<\/strong><strong> production<\/strong><strong> to be at USD 2.68 <\/strong><strong>per<\/strong> <strong>kilogram in 2025<\/strong>, Electricity and Renewable Energy Minister Mohamed Shaker <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid027RfJCTeAY6FXhTDgxAXLLHid9gUCLyKxze9PYjdW7KpW4ZZmuWWbes2LVQeu7sLAl\">said<\/a> on Monday on the final day of the <a href=\"http:\/\/www.eec2022.gov.eg\/\">Egypt Economic Conference<\/a>. Shaker sees costs falling to USD 1.70 per kilogram by 2050, adding that Egypt is looking lock supply about 8% of global green hydrogen demand, bringing in up to USD 18 bn of revenues to the country. Egypt <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/09bd2e5d-7ccd-4278-b1a6-2d5d2ea031fe\">plans to unveil<\/a> its national hydrogen strategy at COP27.<\/p>\n<p><strong>REMEMBER- Green hydrogen is <\/strong><strong><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a6f7312b-72d2-48ff-a146-fdb1cbad3579\">gaining traction<\/a><\/strong><strong> as fossil-fuel-based hydrogen prices<\/strong> <strong>surge by 70%<\/strong> on the back of soaring natural gas prices. Surging demand and accelerated generation of green hydrogen could see green hydrogen priced at under USD 2 per kilogram by 2030. Some pundits think green hydrogen industry could be a USD 73 bn industry, with production being led and dominated by the global south.<\/p>\n<p><strong>The caveat(s): What we\u2019re seeing now is akin to the Klondike or California gold rushes of the late nineteenth century.<\/strong> Global players (real and in their own minds) are flitting from country to country, inking MoUs and letters of intent to build new plants. Most companies have inked more MoUs than they have production capacity. None of them have put together finance packages. And the Biden administration (smartly) drilled a hole in every emerging market\u2019s boat with production tax credits of up to USD 3 per kg, making it far and away the most attractive market for would-be producers.<\/p>\n<p>Speaking of finance for climate projects: <strong>COP27 is again the BIG CLIMATE STORY GLOBALLY<\/strong> and looks set to remain so for much of the coming month.<\/p>\n<p><strong>THE COUNTDOWN TO COP (11 days to go)-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>A showdown over climate finance is brewing in the run-up to Sharm El <\/strong><strong>Sheikh: <\/strong>The developing world\u2019s frustration with rich-country climate policies that have so far failed to provide financial compensation for climate change-driven loss and damage is continuing to attract coverage in the international press. Though climate finance demands are poised to take center stage in this year\u2019s negotiations in Sharm El Sheikh, it\u2019s the \u201cwidening chasm in policy approach that\u2019s likely to be on display,\u201d <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-10-24\/africa-rich-nations-to-faceoff-on-oil-gas-drilling-at-cop27-climate-summit#xj4y7vzkg?leadSource=uverify%20wall\">Bloomberg<\/a>notes.<\/p>\n<p><strong>Potentially at stake? The credibility of the whole COP process.<\/strong> With the issue of economic compensation having <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a6f7312b-72d2-48ff-a146-fdb1cbad3579\">gained fresh urgency<\/a> after this year\u2019s catastrophic floods in Pakistan (which displaced >30 mn people), the very real prospect that no agreement is reached between wealthier and poorer countries could \u201cupend\u201d the climate talks, <a href=\"https:\/\/foreignpolicy.com\/2022\/10\/24\/global-south-climate-summit-cop-egypt-reparations\/\">Foreign Policy<\/a> says. This could then call into question the value of COP, says director of the International Center for Climate Change and Development in Bangladesh Saleemul Huq. \u201cIf this doesn\u2019t happen in Egypt, the whole COP process will become irrelevant, unfit for its stated purpose,\u201d he says.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>MEANWHILE- <\/strong><strong>Finance firms amp up the pressure on companies to set proper emission goals:<\/strong> Pimco, UBS, and Credit Agricole are among a group of 317 finance firms demanding corporate carbon polluters set emissions goals using the <a href=\"https:\/\/sciencebasedtargets.org\/\">Science Based Targets<\/a> initiative, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-10-24\/pimco-ubs-among-investors-demanding-science-based-climate-goals?leadSource=uverify%20wall\">Bloomberg<\/a> reports. The firms, which manage a combined USD 36 tn in assets, have asked over 1k of the world\u2019s biggest carbon polluters to set emission reduction targets in line with the Paris Agreement\u2019s goal of limiting global warming to 1.5\u00b0C.<\/p>\n<p><strong>Why is this important? <\/strong>Companies without credible emissions reduction strategies could find themselves cut off from funding, as financing becomes increasingly contingent on having credible emissions-cutting strategies. Banks and investors are increasingly pushed to consider climate change impacts when allocating capital, with some of the world\u2019s biggest banks and lenders aiming to eliminate emissions from their portfolios by 2050, the business information service reports.<\/p>\n<p><strong>Stay tuned for more at COP27:<\/strong> The role of financial institutions in lowering emissions will be up for discussion at COP27 in Sharm El Sheikh next month. Khalid Hamza, head of Egypt at the European Bank for Reconstruction and Development, touched on the topic of the <a href=\"https:\/\/enterprise.press\/stories\/2022\/10\/20\/what-to-expect-from-ebrd-at-cop27-84607\/\">supply and demand mismatch in terms of securing financing<\/a> in an interview with EnterpriseAM\u2019s Going Green earlier this month.<\/p>\n<p><strong>AND- We might have a \u201ctruly global energy crisis\u201d at our doorstep \u2014 but it could be a<\/strong><strong> boon for renewables:<\/strong> Insufficient LNG supplies and a growing demand for fossil fuels in tandem with <a href=\"https:\/\/enterprise.press\/stories\/2022\/10\/23\/no-quarterly-fuel-price-hike-for-the-first-time-in-18-months-84733\/\">OPEC+<\/a><a href=\"https:\/\/enterprise.press\/stories\/2022\/10\/23\/no-quarterly-fuel-price-hike-for-the-first-time-in-18-months-84733\/\">cuts<\/a> could result in the \u201cfirst truly global energy crisis,\u201d International Energy Agency (IEA) Executive Director Fatih Birol warned at Singapore International Energy Week, <a href=\"https:\/\/reut.rs\/3f5Ymxs\">Reuters<\/a> reports. One of the few positive outcomes of the energy crisis is an accelerated drive for clean energy sources, with the IEA revising its forecast of renewable power capacity growth to a 20% y-o-y in 2022 with close to 400 GW of renewables added, up from 8% previously, according to the newswire.<\/p>\n<hr class=\"grey-line\">\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>WATCH THIS SPACE #2- Green and sustainability sukuk accounted for 80% of green<\/strong><strong> and sustainability bond sales from GCC-based issuers in 1H 2022<\/strong>, according to <a href=\"https:\/\/static.zawya.com\/pdf\/Sukuk%20Reports\/Green%20and%20Sustainability%20Sukuk%20Report%202022.pdf\">a report (pdf)<\/a> published on Monday by <a href=\"https:\/\/www.refinitiv.com\/en\">Refinitiv<\/a>, the London Stock Exchange, <a href=\"https:\/\/www.ukifc.com\/\">UKIFC<\/a>, and <a href=\"https:\/\/www.globalethicalfinance.org\/\">GEFI<\/a>.<\/p>\n<p><strong>This is part of a growing trend of ESG sukuk issuances from the region gaining steam:<\/strong> Cumulative total green sukuk issuances reached USD 21 bn in the first half of the year, with the GCC and Indonesia together accounting for 53% of these sales. The GCC made debut issuances in 2019, starting with the UAE\u2019s Majid Al Futtaim\u2019s two green sukuk issuances raising a total of USD 1.2 bn. Bahrain made its debut green sukuk issuance in 1H 2022, raising USD 900 mn for Infracorp, the infrastructure investment arm of Gulf Finance House, the report notes. Dubai Islamic Bank intends to issue green and sustainable sukuk, and <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/60c54ead-dc23-4d33-93e6-8a86acd0c34d\">recently set up a new green financing framework<\/a> ahead of doing this. Turkey and Sudan also made debut issuances in 2021, the report adds.<\/p>\n<p><strong>But there\u2019s also growth in the global ESG debt market: <\/strong>Global green and sustainability sukuk issuances reached USD 4.4 bn in 1H 2022, after 2021 saw a record USD 6.1 bn-worth of issuances throughout the full year. On average, these sukuk generated order books worth 4.4x their offering values, compared to 3.3x for comparable traditional sukuk, the report notes. Some 82% of annual green and sustainability sukuk have been issued in international markets since 2018, it adds.<\/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\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/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 href=\"climate\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><p>***<br \/>\n <strong>YOU\u2019RE READING ENTERPRISE CLIMATE, the essential regional publication for senior execs who care about the world\u2019s most important industry. <\/strong>Enterprise Climate covers everything from finance and tech to regulation, products and policy across the Middle East and North Africa. In a nod to the growing geographical ambitions of companies in our corner of the world, we also include an overview of the big trends and data points in nearby countries, including Africa and southern Europe.<\/p>\n<p><strong>Enterprise Climate is published at 4am CLT \/ 5am Riyadh \/ 6am UAE Monday through Thursday by Enterprise<\/strong>, the folks who bring you Enterprise Egypt, your essential 6am and 3pm read on business, finance, policy and economy in Egypt and emerging markets.<\/p>\n<p><strong><a href=\"https:\/\/climate.enterprise.press\/subscribe\/\">Subscribe to Enterprise Climate here<\/a><\/strong> or reach out to us on <a href=\"mailto:climate@enterprisemea.com\">climate@enterprisemea.com<\/a> with comments, suggestions and story tips.<\/p>\n<p>***<\/p>\n<p><strong>CIRCLE YOUR CALENDAR- <\/strong><\/p>\n<p><strong><a href=\"https:\/\/www.linkedin.com\/company\/enroot-development\/?originalSubdomain=eg\">Enroot Development<\/a><\/strong><strong> is hosting a conference titled <\/strong><strong><a href=\"https:\/\/www.facebook.com\/events\/436637188402429\/\">Empowering the South: Green<\/a><\/strong><strong><a href=\"https:\/\/www.facebook.com\/events\/436637188402429\/\"><\/a><\/strong><strong><a href=\"https:\/\/www.facebook.com\/events\/436637188402429\/\">Economies and Climate Resilience<\/a><\/strong> today from 6-9pm CLT at the Greek Campus in Downtown Cairo, Egypt. Speakers at the conference include former Egyptian deputy prime minister Ziad Bahaa El Din, UN High-level Climate Champion for Egypt Mahmoud Mohieldin and Egypt\u2019s International Cooperation Minister Rania Al Mashat. You can register for the event <a href=\"https:\/\/forms.gle\/1dfEn9TaQFP7UqRD6\">here<\/a>.<\/p>\n<p><strong>Regional law firm <\/strong><strong><a href=\"https:\/\/matoukbassiouny.com\/\">Matouk Bassiouny<\/a><\/strong><strong> and its German counterpart <\/strong><strong><a href=\"https:\/\/www.freshfields.com\/\">Freshfields<\/a><\/strong><strong><a href=\"https:\/\/www.freshfields.com\/\"><\/a><\/strong><strong><a href=\"https:\/\/www.freshfields.com\/\">Bruckhaus Deringer<\/a><\/strong><strong> will hold a webinar on 2 November<\/strong> that will spotlight COP27\u2019s potential impact on businesses globally. The online event will also focus on the challenges emerging economies face when unlocking financing options for climate adaptation projects, hoping to create a roadmap that would improve the quality and scale of climate-focused investments in Africa. Representatives from Taqa Arabia, Amethis and Enko Capital will participate as speakers. Register for the webinar <a href=\"http:\/\/url4664.communications.freshfields.com\/ls\/click?upn=9u6lJziXwFTRroLfaF1vjQWek2tuDXFztxhjxtTEpkwmCShaiSnbNXL0QFehRi23-2F1a-2FTcavrw5qtYrCz0vpNveKG6miGNZEIyOxcm9-2B9Gd59R4MyRPp9ca7V1AYfBv6Mve4UK9MSLPBSRbcAAgm7d7eCBDsAfVCzVdbKoM-2B3fU-3DopVT_PmquzR4N3BkCDWL8Z-2FjG65Q2ixDI65YTOV8tzq-2FFFrZ9X1fAjGspOrXJUkp1qVtuGJsdPTpJKA47aine4HFaRopgY1oqYB3uM5QEGUWqkQCPK2xMZh9NJMut01eV8p7wYmLGDQeDX-2FMr6iYHCwxi-2FQd7eWVgvpXqA7sVt1zrqzwb2aJqu-2FOnb-2F6XEYertWrrBlmV-2BNaAgRnLMU88JQWOsUccjy7061s8XBh2KSCaOxKBiQ6BtHWzSK7kcae2eTBm2j-2B5LfPg460qDRUO9GNzxw-3D-3D\">here<\/a>.<\/p>\n<p><strong><a href=\"https:\/\/www.adipec.com\/\">ADIPEC<\/a><\/strong><strong> will run from 31 October to 1 November in Abu Dhabi, UAE. <\/strong>Some 40 ministers from around the world, including eight from MENA, will attend the event. Those include energy and oil ministers from the UAE, Kuwait, Bahrain, and Egypt. Discussions will partly focus on the transition toward carbon neutrality, a statement picked up by Zawya <a href=\"http:\/\/zawya.com\/en\/press-release\/events-and-conferences\/over-40-global-ministers-to-speak-at-adipec-2022-e19ujpnf\">says<\/a>. You can register as an exhibitor <a href=\"https:\/\/www.adipec.com\/exhibition\/book-a-stand\/?utm_source=media-partner&utm_medium=email&utm_term=&utm_content=visitor-pass&utm_campaign=media-partner&actioncode=\">here<\/a>, and as an attendee <a href=\"https:\/\/www.adipec.com\/visit\/registration\/?utm_source=media-partner&utm_medium=email&utm_term=&utm_content=visitor-pass&utm_campaign=media-partner&actioncode=\">here<\/a>.<\/p>\n<p><strong><a href=\"https:\/\/enterprise.press\/am-edition\/#calendar\">Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, wonderful people \u2014 and welcome to another packed issue of Enterprise Climate. We have tons of stuff to talk about, so let\u2019s jump right in: THE BIG CLIMATE STORY- Saudi Arabia\u2019s sovereign wealth fund, the Public Investment Fund (PIF), has set up a regional voluntary carbon market company. It helped facilitate an auction [&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":[44],"tags":[57,659,83,40,11,417,49,164,39,1140,414,369,558,101,838,43],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-74502","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-climate-change","tag-cop27","tag-debt-watch","tag-egypt","tag-enterpriseclimate","tag-g7","tag-green-bonds","tag-green-finance","tag-green-hydrogen","tag-international-energy-agency","tag-loss-and-damage","tag-natural-gas","tag-opec","tag-russia","tag-ukraine","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"9c38c6f3-9328-49d0-83b2-330b482a1066","order":"0","is_powered_by":true,"story_type":"4","photo_url":"","photo_position":"above","related_issue":[74500],"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>TODAY: Green sukuk are quite popular + The big COP27 showdown is en route - 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\/10\/26\/today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TODAY: Green sukuk are quite popular + The big COP27 showdown is en route\" \/>\n<meta property=\"og:description\" content=\"Good morning, wonderful people \u2014 and welcome to another packed issue of Enterprise Climate. We have tons of stuff to talk about, so let\u2019s jump right in: THE BIG CLIMATE STORY- Saudi Arabia\u2019s sovereign wealth fund, the Public Investment Fund (PIF), has set up a regional voluntary carbon market company. It helped facilitate an auction [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/climate\/2022\/10\/26\/today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route\/\" \/>\n<meta property=\"og:site_name\" content=\"Climate\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-26T01:48:38+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/10\/26\/today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/10\/26\/today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"TODAY: Green sukuk are quite popular + The big COP27 showdown is en route\",\"datePublished\":\"2022-10-26T01:48:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/10\/26\/today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route\/\"},\"wordCount\":1597,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"keywords\":[\"climate change\",\"COP27\",\"DEBT WATCH\",\"Egypt\",\"EnterpriseClimate\",\"G7\",\"green bonds\",\"green finance\",\"green hydrogen\",\"International Energy Agency\",\"loss and damage\",\"natural gas\",\"OPEC\",\"Russia\",\"Ukraine\",\"WHAT WE\u2019RE TRACKING TODAY\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TODAY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/10\/26\/today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route\/\",\"url\":\"https:\/\/enterpriseam.com\/climate\/2022\/10\/26\/today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route\/\",\"name\":\"TODAY: Green sukuk are quite popular + The big COP27 showdown is en route - Climate\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#website\"},\"datePublished\":\"2022-10-26T01:48:38+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/10\/26\/today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/climate\/2022\/10\/26\/today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/10\/26\/today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/climate\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TODAY: Green sukuk are quite popular + The big COP27 showdown is en route\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#website\",\"url\":\"https:\/\/enterpriseam.com\/climate\/\",\"name\":\"Climate\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/climate\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\",\"name\":\"Climate\",\"url\":\"https:\/\/enterpriseam.com\/climate\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/25470.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/25470.svg\",\"caption\":\"Climate\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/climate\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"TODAY: Green sukuk are quite popular + The big COP27 showdown is en route - Climate","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/climate\/2022\/10\/26\/today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route\/","og_locale":"en_US","og_type":"article","og_title":"TODAY: Green sukuk are quite popular + The big COP27 showdown is en route","og_description":"Good morning, wonderful people \u2014 and welcome to another packed issue of Enterprise Climate. We have tons of stuff to talk about, so let\u2019s jump right in: THE BIG CLIMATE STORY- Saudi Arabia\u2019s sovereign wealth fund, the Public Investment Fund (PIF), has set up a regional voluntary carbon market company. It helped facilitate an auction [&hellip;]","og_url":"https:\/\/enterpriseam.com\/climate\/2022\/10\/26\/today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route\/","og_site_name":"Climate","article_published_time":"2022-10-26T01:48:38+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/climate\/2022\/10\/26\/today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/climate\/2022\/10\/26\/today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"TODAY: Green sukuk are quite popular + The big COP27 showdown is en route","datePublished":"2022-10-26T01:48:38+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/climate\/2022\/10\/26\/today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route\/"},"wordCount":1597,"publisher":{"@id":"https:\/\/enterpriseam.com\/climate\/#organization"},"keywords":["climate change","COP27","DEBT WATCH","Egypt","EnterpriseClimate","G7","green bonds","green finance","green hydrogen","International Energy Agency","loss and damage","natural gas","OPEC","Russia","Ukraine","WHAT WE\u2019RE TRACKING TODAY"],"articleSection":["WHAT WE\u2019RE TRACKING TODAY"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/climate\/2022\/10\/26\/today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route\/","url":"https:\/\/enterpriseam.com\/climate\/2022\/10\/26\/today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route\/","name":"TODAY: Green sukuk are quite popular + The big COP27 showdown is en route - Climate","isPartOf":{"@id":"https:\/\/enterpriseam.com\/climate\/#website"},"datePublished":"2022-10-26T01:48:38+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/climate\/2022\/10\/26\/today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/climate\/2022\/10\/26\/today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/climate\/2022\/10\/26\/today-green-sukuk-are-quite-popular-the-big-cop27-showdown-is-en-route\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/climate\/"},{"@type":"ListItem","position":2,"name":"TODAY: Green sukuk are quite popular + The big COP27 showdown is en route"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/climate\/#website","url":"https:\/\/enterpriseam.com\/climate\/","name":"Climate","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/climate\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/climate\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/climate\/#organization","name":"Climate","url":"https:\/\/enterpriseam.com\/climate\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/25470.svg","contentUrl":"https:\/\/ent.news\/internal\/25470.svg","caption":"Climate"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/climate\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/climate\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"jetpack_shortlink":"https:\/\/wp.me\/pgVl2y-jnE","_links":{"self":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts\/74502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/comments?post=74502"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts\/74502\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/issue\/74500"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/media?parent=74502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/categories?post=74502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/tags?post=74502"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/brand?post=74502"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=74502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}