{"id":79680,"date":"2023-09-25T02:00:10","date_gmt":"2023-09-25T02:00:10","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/"},"modified":"2023-09-25T02:00:10","modified_gmt":"2023-09-25T02:00:10","slug":"today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/","title":{"rendered":"TODAY: EU backs new Euro 7 vehicle emissions proposal + Asian Infrastructure Investment Bank annual meetings kick off in Egypt"},"content":{"rendered":"

Good morning, wonderful people. <\/strong>We have a reasonably busy issue to kick off a new week, giving us a little bit of everything. Let\u2019s jump in.<\/p>\n

THE BIG CLIMATE STORY-<\/strong> UAE-based Masari-Atlantis and South Korea\u2019s CEVO Mobility signed an investment contract to invest EUR 100 mn in a new electric vehicle factory in Dubai next year, with plans to produce 20k vehicles per year.<\/p>\n

HAPPENING TODAY- <\/strong>Egypt will host <\/strong>the <\/strong>annual meetings<\/a><\/strong> of the Asian <\/strong>Infrastructure Investment Bank today in Sharm El Sheikh.<\/strong> The meetings, AIIB\u2019s first in Africa, aim to showcase potential investments in Egypt and attract financing for green initiatives in renewables, sustainable transportation, communication, internet infrastructure, and water resources.<\/p>\n

THE BIG CLIMATE STORY OUTSIDE THE REGION- <\/strong>The EU is backing Spain\u2019s new Euro 7<\/strong> vehicle emissions proposal: <\/strong>EU countries largely showed support for new regulations on non-carbon tailpipe emissions \u2014 particulate matter from brakes and tires \u2014 proposed by the Spanish government, backing a watered down version of the bloc\u2019s initial Euro 7 draft<\/a>, which was put forward by the EU Commission earlier in November and followed the EU\u2019s initial Euro 1 set of regulations published in 1992. The new Spanish draft, which bloc members were due to make a final decision on yesterday during a ministerial meeting, will be later debated with the EU Commission and Parliament before final approval. The new proposal would extend the Euro 7\u2019s initial implementation date of 1 July 2025<\/a> for cars and vans to 30 months from the initial two-year deadline. Eight EU countries \u2014 including France, the Czech Republic, and Italy \u2014 voiced concern back in May<\/a> against strict limits on non CO2-tailpipe emissions, citing concerns that strong restrictions on combustion engine vehicles would divert investments away from EVs.<\/p>\n

REMEMBER- The EU plans to ban the sale of fossil fuel-powered cars entirely by 2035:<\/strong> In November last year, the EU announced plans<\/a> to slash car emissions by 55% compared with 2021 levels by 2030, before ultimately banning the sale of petrol and diesel engines by 2035, but final approval for the target has been delayed several times. Back in March the bloc began talks with Europe\u2019s largest automaking country Germany on legislation allowing the sale and manufacture of combustion engine vehicles beyond the bloc\u2019s previously agreed termination date provided they run on e-fuels, after the country postponed<\/a> an EU vote to phase them out in February. Germany \u2014 which generates some EUR 411 bn per annum from auto sales \u2014 is lobbying for a flexible approach<\/a> that would not see an outright prohibition of fuel-powered cars. On Saturday, German e-fuels maker L\u00fchmann Gruppe announced plans to take the EU to court for its planned combustion engine phase out by 2035, noting the bloc\u2019s plan is unrealistic and \u201cdriven by ideology, not facts.\u201d<\/p>\n

The story grabbed headlines in the international press over the weekend:<\/strong> Bloomberg<\/a> | Reuters<\/a> | Deutsche Welle<\/a><\/p>\n

\n

<\/a> OVER IN COPLAND- Decarbonization of heavy industries is getting some backing <\/strong>at COP:<\/strong> A cross-sectoral initiative to support the decarbonization of heavy-emitting industries such as steel, iron, and cement will be launched during COP28 in the UAE later this year, Director General of the UN climate summit Majid Al Suwaidi said during the UN General Assembly (UNGA) meetings in New York last week, according to a statement<\/a>. The initiative will facilitate the rollout of key enablers to develop the decarbonization industry, including financing, policymaking, technology, and collaboration, Al Suwaidi added.<\/p>\n

And so are our favorite tree friends, <\/strong>the mangroves<\/a><\/strong>: <\/strong>A high-level Mangroves Ministerial will be held during COP, bringing together mangrove-hosting countries to build partnerships and plan for scaling up mangrove conservation and restoration, the presidency said in a statement on X<\/a>, citing comments by UAE\u2019s Climate Change and Environment Minister Mariam Al Mheiri at the UNGA. The ministerial will \u201cfocus on accelerating finance, policy and technology to meet the Mangrove Breakthrough global target of restoring and protecting 15 mn hectares of mangroves by 2030,\u201d Al Mheiri added.<\/p>\n

COP28 President Delegate Sultan Al Jaber made an appearance at UNGA\u2019s Climate Ambition Summit: <\/strong>\u201cClimate change won't be solved through agreement alone. It can only truly be addressed through action,\u201d Al Jaber said in opening statements<\/a> at the UNGA\u2019s Climate Ambition Summit in New York. Referring to the latest data from the Global Stocktake, Al Jaber said that \u201cthe numbers are straightforward: 22 gigatons. That's the amount of greenhouse gas emissions we need to cut in the next seven years to keep 1.5\u00b0C within reach.\u201d<\/p>\n

And later <\/strong>urged <\/strong>countries to agree <\/strong>on loss<\/strong> and damage fund:<\/strong> Al Jaber urged nations to agree on how to operate a loss and damage climate fund to compensate developing countries for the damage caused by climate change, The National<\/a> reports. Al Jaber made the remarks in his opening remarks during a consultation on funding<\/a> arrangements held at the UN on Friday. Developing countries have proposed that the fund would have USD 100 bn by 2030, but the leaders could not agree on which states would pay and how the money would be disbursed. The details were left to be worked out in the highly anticipated COP28. A transitional committee<\/a> set up during COP27 has already met three times to discuss the details of the loss and damage fund. It is scheduled to convene again next month in Aswan, Egypt.<\/p>\n

Reactions and recommendations:<\/strong> Some EU countries are concerned that the fund could be misused as a \u201cglobal ATM facility\u201d accessed by countries that do not need it. The fund should target countries that are particularly vulnerable to the adverse effects of climate change, executive vice president of the UN Green Deal Maros Sefcovic recommended, according to the National. It should also hold the \u201ccountries that are historically responsible for GHG emissions\u201d accountable, a representative from Tunisia said during the discussion. Organizers are hoping to reach an agreement before COP28, sources at the French Energy Ministry told the National.<\/p>\n

\n

<\/a> WATCH THIS SPACE #1- Egypt to ship renewable power to the UK:<\/strong> The UK is set to be one of the beneficiaries of planned electricity interconnections between Europe and Egypt, which will export power generated from wind and solar plants, The Telegram<\/a> reported on Friday. Egypt is expected to generate about 10 GW of power from wind farms near the Suez Canal, which will be transmitted via a 966 km subsea cable in the Mediterranean to Greece, the news outlet added. \u201cAbout a third of the power will be used in Greece and the rest will be exported to the rest of Europe,\u201d director of renewables and power at Norway-based energy consultancy Rystad Carlos Diaz told The Telegram.<\/p>\n

BACKGROUND-<\/strong> Egypt and Greece have been working on a plan to add 9.5 GW of renewable<\/a>power generation<\/a> capacity in Egypt for export to Greece for which Infinity Power<\/a> is exploring supplying renewables. It is unclear how the 9.5 GW plan will fit in the 3 GW Greece-Egypt Interconnector announced prior, raising the prospect that additional infrastructure will need to be built. Additionally, Norway\u2019s Scatec signed an MoU<\/a> to study an Egypt-Europe electricity interconnection project in July, and Belgian company Jan De Nul discussed potential collaborations<\/a> in the electricity interconnection projects between Egypt and Europe in May.<\/p>\n

WATCH THIS SPACE #2- We have a figure for Masdar\u2019s next <\/strong>green bond issuance:<\/strong> Renewables giant Masdar is planning to issue USD 750 mn-1 bn in green bonds within six to nine months after closing its USD 750 mn debut bond sale earlier this year, CFO Niall Hannigan tells Bloomberg<\/a>. The planned issuance is part of Masdar\u2019s USD 3 bn push<\/a> to grow its global portfolio to 100 GW of capacity by 2030, the output from which will be directed towards \u201cthe greenest projects\u201d including solar, wind, and renewable power transmission.<\/p>\n

<\/a> WATCH THIS SPACE<\/strong> #3- Total will invest USD 300 mn in a JV with Adani Green: <\/strong>French oil giant TotalEnergies will invest USD 300 mn to form a joint venture with Adani Green on a renewable energy project, according to a statement<\/a>. The project will have the capacity of around 1 GW of electricity from solar and wind power in India. Adani Green will contribute assets to the venture. \u201cThis will help deliver our vision to have 45 GW renewable energy capacity by 2030,\u201d Adani Group Chairman Gautam Adani said in the statement.<\/p>\n

TotalEnergies has a history with Adani: <\/strong>TotalEnergies is the second largest shareholder of Adani Green with a 20% stake since 2021. It also acquired a 50% interest in some of Adani Green\u2019s solar farms in a USD 2.5 bn transaction that was among the largest foreign investments<\/a> in India. This is also the two companies' first deal since fraud allegations were made against Adani earlier this year, battering investor confidence.<\/p>\n

REMEMBER- <\/strong>The Qatar Investment Authority reportedly also bought shares worth USD 500 mn in Adani Green Energy last month, representing some 3% of Adani\u2019s green energy arm, providing a lifeline for the company after facing fraud allegations earlier this year<\/a>.<\/p>\n

WATCH THIS SPACE #4- Hyundai likely to solidify plans for KSA-based EV assembly <\/strong>plant next month:<\/strong> In an upcoming October visit headed by the company\u2019s chairman, Hyundai Motor Company is planning to ink a formal agreement with Saudi Arabia to set up an EV assembly plant in the kingdom, Korea Economic Daily<\/a> reported. According to a preliminary agreement signed earlier this year, the project will send semi-finished electric vehicles and parts to Saudi Arabia for assembly and sale in the local market, the outlet added.<\/p>\n

REMEMBER-<\/strong> In January, Saudi Arabia signed an MoU<\/a> with Hyundai Motor Company for the construction of an EV and internal combustion engine manufacturing plant. Automaker Hyundai Kefico \u2014 a subsidiary of Hyundai \u2014 signed a KRW 250 bn (c. USD 196 mn) agreement<\/a> in July to supply spare parts to Saudi Arabia\u2019s first EV manufacturing company Ceer.<\/p>\n

\n

China\u2019s Jinko Power secures BOO contract for 400 MW PV farm in KSA\u2019s Al Jowf: <\/strong>A consortium led by Chinese renewables developer Jinko Power has nabbed a USD 315 mn build-own-operate (BOO) contract for a 400 MW solar energy plant in KSA\u2019s northern Al Jowf province after submitting the most competitive Levelized Cost of Energy bid to the Saudi government, YICAI<\/a> reports, citing a company statement. The plant would have a 450 MW peak power capacity, generating up to 1.2 bn KWh (1.2 mn MWh) of clean energy annually. The company did not reveal when it would break ground on the project, but said construction would be completed in 21 months, the solar payback period<\/a> \u2014 the time it takes developers to make back initial solar investment \u2014 will be around 14 years, and that it will retain operating rights for the plant for 30 years.<\/p>\n

The financing:<\/strong> The company said it plans to raise some USD 137 mn from senior unsecured CNY-denominated green bonds with less tenors below three years to finance its overseas projects and repay existing debts, but did not specify if its upcoming KSA project would be funded through the note issuance.<\/p>\n

A strong MENA renewables portfolio: <\/strong>Jinko Power\u2019s regional renewables assets include the UAE\u2019s 2 GW Al Dhafra solar park<\/a>, Oman\u2019s 500 MW Manah 2 PV plant<\/a>, and KSA\u2019s 300 MW Saad<\/a> solar energy project. The company has also been shortlisted<\/a> to develop the 1.1 GW Al Henakiyah and 400 MW Tabrajal solar parks in KSA, and submitted bids to The Emirates Water and Electricity Company (Ewec) to develop the UAE\u2019s 1.5 GW Al Ajban<\/a>solar IPP project. Earlier this month, a JV between the company and Singapore\u2019s Sembcorp Utilities secured approval<\/a> for its share capital to be listed on the Third Market of the Muscat Stock Exchange.<\/p>\n

Banque Misr launching green investment fund<\/strong>:<\/strong> State-owned Egyptian bank Banque Misr reportedly plans to establish a green investment fund in 1Q 2024, Daily News Egypt<\/a> reports, citing sources it says have knowledge of the matter. The fund will focus on investing in companies that adhere to environmental, social, and governance (ESG) standards, particularly those listed on the EGX. The bank is awaiting approval from the Central Bank of Egypt and is set to align its investment strategy with S&P global\u2019s sustainability index. The size of the fund is yet to be announced.<\/p>\n

What\u2019s a green investment fund?<\/strong> Green investment funds are mutual funds that finance companies that show a commitment to incorporating ESG into their operational fabric \u2014 a standard that is increasingly demanded by investors and consumers around the world.<\/p>\n

REMEMBER<\/strong>- Just last week, Banque Misr was among a coalition of local lenders<\/a> extending EGP 30 bn in financing for green hydrogen projects to Egypt\u2019s SCZone. The bank is increasingly bolstering its green lending portfolio.<\/p>\n

\n
\n
\n
\n

\n Get Enterprise<\/b> daily
\n <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

Subscribe here<\/a>\n <\/div>\n<\/p><\/div>\n<\/div>\n

***<\/p>\n

YOU\u2019RE READING ENTERPRISE CLIMATE, the essential MENA publication for senior execs who care about the world\u2019s most important industry. <\/strong>We\u2019re out Monday through Thursday by 5am Cairo \/ 5am Riyadh \/ 6am UAE.<\/p>\n

EXPLORE MORE OF ENTERPRISE ON THE WEB \u2014<\/strong> tap or click here<\/a> to read EnterpriseAM, EnterprisePM, and The Weekend Edition on our powerful new website packed with reader-friendly features.<\/p>\n

Were you forwarded this email? Get your own <\/strong>subscription without charge here<\/a><\/strong> or reach out to us on climate@enterprisemea.com<\/a> with comments, suggestions and story tips.
\n ***<\/strong><\/p>\n

CIRCLE YOUR CALENDAR-<\/strong> Algeria will host its <\/strong>International Fair on Environment<\/a><\/strong>and Renewable Energy (Sieera)<\/a><\/strong> from Wednesday, 27 September through Friday, 29 September<\/strong> at Algiers\u2019 Exhibition Palace<\/a>. The conference will see local and international exhibitors debut their green tech offerings, and will include workshops and talks centered on accelerating the transition to clean energy sources with a focus on the role climate and green tech-focused startups and SMEs can play to create a net-zero pathway. The guest of honor for this year\u2019s addition will be South Korea, and Sieera aims to capitalize on the country\u2019s green tech know-how and capabilities to facilitate knowledge transfer and collaboration agreements between the developers of both countries.<\/p>\n

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":"

Good morning, wonderful people. We have a reasonably busy issue to kick off a new week, giving us a little bit of everything. Let\u2019s jump in. THE BIG CLIMATE STORY- UAE-based Masari-Atlantis and South Korea\u2019s CEVO Mobility signed an investment contract to invest EUR 100 mn in a new electric vehicle factory in Dubai next […]<\/p>\n","protected":false},"author":1,"featured_media":79681,"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":[372,1852,475,102,11,1853,454,160,88,892,272,43],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-79680","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-adani-green","tag-banque-du-caire","tag-cop28","tag-electric-vehicles","tag-enterpriseclimate","tag-euro-7","tag-hyundai","tag-masdar","tag-renewables","tag-sultan-al-jaber","tag-totalenergies","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"e987a624-8db3-4c6b-bfd6-bbe62eddd6f8","order":"0","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2023\/9\/1741.jpg","photo_position":"above","related_issue":[79678],"teaser":"","voice_url":""},"yoast_head":"\nTODAY: EU backs new Euro 7 vehicle emissions proposal + Asian Infrastructure Investment Bank annual meetings kick off in Egypt - 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\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TODAY: EU backs new Euro 7 vehicle emissions proposal + Asian Infrastructure Investment Bank annual meetings kick off in Egypt\" \/>\n<meta property=\"og:description\" content=\"Good morning, wonderful people. We have a reasonably busy issue to kick off a new week, giving us a little bit of everything. Let\u2019s jump in. THE BIG CLIMATE STORY- UAE-based Masari-Atlantis and South Korea\u2019s CEVO Mobility signed an investment contract to invest EUR 100 mn in a new electric vehicle factory in Dubai next […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"Climate\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-25T02:00:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1741.jpg?fit=%2C&ssl=1\" \/>\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=\"12 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"TODAY: EU backs new Euro 7 vehicle emissions proposal + Asian Infrastructure Investment Bank annual meetings kick off in Egypt\",\"datePublished\":\"2023-09-25T02:00:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/\"},\"wordCount\":2326,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1741.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Adani Green\",\"Banque du Caire\",\"COP28\",\"ELECTRIC VEHICLES\",\"EnterpriseClimate\",\"Euro 7\",\"Hyundai\",\"Masdar\",\"renewables\",\"Sultan Al Jaber\",\"totalenergies\",\"WHAT WE\u2019RE TRACKING TODAY\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TODAY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/\",\"name\":\"TODAY: EU backs new Euro 7 vehicle emissions proposal + Asian Infrastructure Investment Bank annual meetings kick off in Egypt - Climate\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1741.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-09-25T02:00:10+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1741.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1741.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/climate\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TODAY: EU backs new Euro 7 vehicle emissions proposal + Asian Infrastructure Investment Bank annual meetings kick off in Egypt\"}]},{\"@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: EU backs new Euro 7 vehicle emissions proposal + Asian Infrastructure Investment Bank annual meetings kick off in Egypt - 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\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/","og_locale":"en_US","og_type":"article","og_title":"TODAY: EU backs new Euro 7 vehicle emissions proposal + Asian Infrastructure Investment Bank annual meetings kick off in Egypt","og_description":"Good morning, wonderful people. We have a reasonably busy issue to kick off a new week, giving us a little bit of everything. Let\u2019s jump in. THE BIG CLIMATE STORY- UAE-based Masari-Atlantis and South Korea\u2019s CEVO Mobility signed an investment contract to invest EUR 100 mn in a new electric vehicle factory in Dubai next […]","og_url":"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/","og_site_name":"Climate","article_published_time":"2023-09-25T02:00:10+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1741.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"12 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"TODAY: EU backs new Euro 7 vehicle emissions proposal + Asian Infrastructure Investment Bank annual meetings kick off in Egypt","datePublished":"2023-09-25T02:00:10+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/"},"wordCount":2326,"publisher":{"@id":"https:\/\/enterpriseam.com\/climate\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1741.jpg?fit=%2C&ssl=1","keywords":["Adani Green","Banque du Caire","COP28","ELECTRIC VEHICLES","EnterpriseClimate","Euro 7","Hyundai","Masdar","renewables","Sultan Al Jaber","totalenergies","WHAT WE\u2019RE TRACKING TODAY"],"articleSection":["WHAT WE\u2019RE TRACKING TODAY"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/","url":"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/","name":"TODAY: EU backs new Euro 7 vehicle emissions proposal + Asian Infrastructure Investment Bank annual meetings kick off in Egypt - Climate","isPartOf":{"@id":"https:\/\/enterpriseam.com\/climate\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1741.jpg?fit=%2C&ssl=1","datePublished":"2023-09-25T02:00:10+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1741.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1741.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/climate\/2023\/09\/25\/today-eu-backs-new-euro-7-vehicle-emissions-proposal-asian-infrastructure-investment-bank-annual-meetings-kick-off-in-egypt\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/climate\/"},{"@type":"ListItem","position":2,"name":"TODAY: EU backs new Euro 7 vehicle emissions proposal + Asian Infrastructure Investment Bank annual meetings kick off in Egypt"}]},{"@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":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1741.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1741.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/climate\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1741.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"jetpack_shortlink":"https:\/\/wp.me\/pgVl2y-kJa","_links":{"self":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts\/79680","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=79680"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts\/79680\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/issue\/79678"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/media\/79681"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/media?parent=79680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/categories?post=79680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/tags?post=79680"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/brand?post=79680"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=79680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}