{"id":81648,"date":"2024-01-09T00:00:00","date_gmt":"2024-01-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2024\/01\/09\/today-adnocs-first-international-equity-investment-in-carbon-management\/"},"modified":"2024-01-09T00:00:00","modified_gmt":"2024-01-09T00:00:00","slug":"today-adnocs-first-international-equity-investment-in-carbon-management","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2024\/01\/09\/today-adnocs-first-international-equity-investment-in-carbon-management\/","title":{"rendered":"TODAY: Adnoc\u2019s first international equity investment in carbon management"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, ladies and gents. <\/strong>The news cycle is beginning to pick up and we have some green financing and acquisitions updates emerging from the UAE and Bahrain. Let\u2019s jump in.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG CLIMATE STORY-<\/strong> UAE\u2019s Adnoc has acquired a 10.1% stake in Storegga, a UK-based company that develops carbon capture and storage projects around the world.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^ We have the details on this story and more in the news well, below.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>HAPPENING TODAY- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.futuremineralsforum.com\/\" style=\"\" rel=\"noopener\">Future Minerals Forum<\/a><\/strong><strong> kicks off today in Riyadh, <\/strong>Saudi Arabia and runs through to Thursday, 11 January. The event will focus on resource-rich regions of Africa, Western Asia, and Central Asia and will include a ministerial roundtable with over 60 countries being represented. A parallel exhibition will have some 150 exhibitors and industry sponsors on site.<\/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\"><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- <\/strong><strong>EU approves EUR 900 mn in state aid for Northvolt\u2019s planned German EV battery <\/strong><strong>plant<\/strong><strong>: <\/strong>The Europe Commission has greenlit EUR 902 mn in German state aid \u2014 made up of a EUR 700 mn grant and a EUR 202 mn guarantee \u2014 for Swedish electric battery maker Northvolt\u2019s planned EV battery gigafactory, according to a <a target=\"_blank\" href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/es\/mex_24_82\" style=\"\" rel=\"noopener\">statement<\/a>. Northvolt is targeting a 60 GWh annual capacity once the factory is fully operational by 2029, providing enough battery cells for between 800k to 1 mn EVs<strong>.<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Part of EU\u2019s initiatives to compete with the US in green investments:<\/strong> The funds allocated to Northvolt aims to incentivise the Swedish company to build its factory within the bloc, the Commission said, noting that without it Northvolt would have opted to set up shop in the US to benefit from tax breaks implemented under Biden\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/3907e1bd-299f-46ad-8f42-7d0fead9dcc7\" style=\"\" rel=\"noopener\">USD 369 bn Inflation Reduction Act<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Northvolt has an ambitious expansion underway:<\/strong> The battery maker <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/95eada67-7826-4111-8a7f-333d4b2d2f1a\" style=\"\" rel=\"noopener\">raised USD 1.2 bn<\/a> from international investors in August to fuel its planned expansions in the EU and North America, with rumors circulating it is close clinching a multi bn USD agreement for a Canada-based battery factory. Northvolt has partnered with Norwegian aluminum giant Norsk Hydro to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b6882de2-9773-4ce5-a599-ff1d4c89b2dc\" style=\"\" rel=\"noopener\">build a recycling plant<\/a> for EV batteries. The company also revealed its patented <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c60b4f35-8677-472a-a8f6-744173374634\" style=\"\" rel=\"noopener\">sodium-ion battery technology<\/a>, which aims to minimize reliance on scarce battery minerals like lithium, nickel, cobalt, and graphite. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story made headlines in the international press:<\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/northvolt-gains-eu-nod-986-mln-german-aid-build-ev-battery-plant-2024-01-08\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-01-08\/northvolt-s-902-million-german-aid-for-battery-plant-gets-eu-ok\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.dw.com\/de\/frankreich-will-mehr-neue-atomkraftwerke-bauen\/a-67912700\" style=\"\" rel=\"noopener\">Deutsche Welle<\/a> | <a target=\"_blank\" href=\"https:\/\/www.france24.com\/fr\/info-en-continu\/20240108-l-ue-r%C3%A9plique-aux-subventions-am%C3%A9ricaines-pour-une-usine-de-batteries\" style=\"\" rel=\"noopener\">France 24<\/a> | <a target=\"_blank\" href=\"https:\/\/www.euronews.com\/my-europe\/2024\/01\/08\/brussels-approves-german-state-aid-for-northvolt-battery-plant-to-avoid-losing-investment-\" style=\"\" rel=\"noopener\">Euronews<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/36d4d041-8b57-4018-b9c1-729c0c71f3e2\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/business\/2024\/jan\/08\/eu-state-aid-battery-green-tech-factories-northvolt\" style=\"\" rel=\"noopener\">The Guardian<\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"https:\/\/uaeform.enterprise.news\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/135.jpg?ssl=1\"\/><\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a>#1- Egypt receives partial loan for Dabaa construction: <\/strong>Egypt has reportedly received over USD 1 bn of the USD 25 bn loan from Russia to finance the construction of the El Dabaa Nuclear Power Plant, <a target=\"_blank\" href=\"https:\/\/bitly.ws\/397ua\" style=\"\" rel=\"noopener\">Al-Arabiya Business<\/a> reports, citing comments by a government official. The funds were disbursed among the companies implementing the various works at the Dabaa station. The loan \u2014 which will cover 85% of the project\u2019s expenses \u2014 will be repaid at 3% interest starting October 2029. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- The project is already underway: <\/strong>The Egyptian Nuclear and Radiological Regulatory Authority (ENRRA) granted permission in September for the construction of the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/8eb1d623-bdac-4325-95bd-44d13c1a39a9\" style=\"\" rel=\"noopener\">fourth and final 1.2 GW reactor<\/a> at the 4.8 GW Dabaa nuclear power plant.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a><\/strong><strong>#2-<\/strong><strong>China\u2019s EV brand <\/strong><strong>Zeekr<\/strong><strong> eyes MENA expansion:<\/strong> Luxury EV maker Zeekr \u2014 the electric car arm of China\u2019s Geely \u2014 is planning to double its sales volumes in 2024 to 230k units and is looking to expand its foothold into new markets including the Middle East, Europe, and Asia, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/geelys-zeekr-aims-sell-230000-evs-2024-double-2023-deliveries-2024-01-08\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The company reported a 65% y-o-y sales increase to 118.8k EVs last year, but missed its target of 140k units sales for 2023 on the back of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c6b80017-b7cc-41fa-a64f-4328de8a5e50\" style=\"\" rel=\"noopener\">a price war<\/a> started by rival EV giant Tesla. Zeekr began delivery of its fourth EV model, the <a target=\"_blank\" href=\"https:\/\/zeekrglobal.com\/article\/article-17\/\" style=\"\" rel=\"noopener\">Zeekr<\/a><a target=\"_blank\" href=\"https:\/\/zeekrglobal.com\/article\/article-17\/\" style=\"\" rel=\"noopener\">007<\/a>, last month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We knew a MENA expansion was in the works: <\/strong>The company\u2019s vice-president Chen-Yu said back in October Zeekr <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/aeb7e421-9a78-4525-9c9e-e50a8fd080b0\" style=\"\" rel=\"noopener\">would launch<\/a> operations in Saudi Arabia, the UAE, Qatar, and Bahrain, with plans to deliver 10k units to the four new markets by 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>IFC <\/strong><strong>and Iberdrola partner to boost renewables in emerging markets:<\/strong> The International Finance Corporation (IFC) will extend a sustainability-linked loan to Iberdrola to finance renewable energy projects in emerging markets heavily reliant on coal, including Morocco, according to a <a target=\"_blank\" href=\"https:\/\/pressroom.ifc.org\/all\/pages\/PressDetail.aspx?ID=27968\" style=\"\" rel=\"noopener\">statement<\/a>. Other countries set to receive the loans include Poland and Vietnam. IFC and Iberdrola will also explore collaborations in offshore wind and green hydrogen projects. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iberdrola has big green goals:<\/strong> The loan will help Iberdrola reduce its direct and indirect greenhouse gas emissions by more than 60% by 2030 from a 2020 baseline while doubling its renewable energy capacity in the same period. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- IFC has more plans for emerging markets: <\/strong>The IFC and several major charity organizations launched the Allied Climate Partners (ACP) at COP28 which aims to raise <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/71017814-88a9-452e-870e-3bae48d2dd38\" style=\"\" rel=\"noopener\">USD 11 bn for green projects<\/a> in developing countries. It will also partner with ACP, the Monetary Authority of Singapore, and Temasek to establish a green investments partnership to address climate finance gaps and increase the bankability of green and sustainable projects.<\/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><a id=\"wwtt3\"><\/a><\/strong><strong>#1- S<\/strong><strong>cientists <\/strong><strong>predict 2024 will bring record-breaking <\/strong><strong>temperatures: <\/strong>2024 is likely to be the hottest year in recorded history, with temperatures predicted to rise by 1.3\u00b0C-1.6\u00b0C compared to pre-industrial era, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/features\/2024-01-08\/2024-could-be-even-warmer-than-record-setting-2023?srnd=green\" style=\"\" rel=\"noopener\">Bloomberg<\/a> writes. Last year saw the average global temperature increase reach 1.4\u00b0C for the first time in history. The outcomes of the recently concluded COP agreements had pledged to accelerate the energy transition to keep the temperature rise within 1.5\u00b0C, a goal which many scientists have now <a target=\"_blank\" href=\"https:\/\/www.euronews.com\/green\/2023\/10\/31\/scientists-warn-we-are-much-closer-to-missing-key-15c-climate-target-than-previously-thoug\" style=\"\" rel=\"noopener\">deemed<\/a><a target=\"_blank\" href=\"https:\/\/www.euronews.com\/green\/2023\/10\/31\/scientists-warn-we-are-much-closer-to-missing-key-15c-climate-target-than-previously-thoug\" style=\"\" rel=\"noopener\">highly unlikely<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Climate change + El Nino = amplified climate crisis:<\/strong> The unprecedented hike is attributed to the combined effects of climate change and the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/680f2e7e-93a5-401f-8562-ffdd0456b34b\" style=\"\" rel=\"noopener\">El Ni\u00f1o phenomenon<\/a>, which brings even warmer weather in the second year of its cycle, compared to the first, Bloomberg said. The impacts of the 2024 heat could be devastating for both the environment and human society, especially for vulnerable populations already facing extreme food insecurity, water scarcity and health risks, the news outlet added.<\/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><a id=\"wwtt4\"><\/a>#2- COP29 host Azerbaijan plans to hike gas production by a third <\/strong><strong>by <\/strong><strong>203<\/strong><strong>3: <\/strong>COP29 host Azerbaijan plans to expand its natural gas output by a third, to reach 49 bn cubic meters (cbm) a year within 9 years, according to <a target=\"_blank\" href=\"https:\/\/www.globalwitness.org\/en\/press-releases\/cop29-host-country-priming-pumps-huge-hike-gas-production\/\" style=\"\" rel=\"noopener\">research<\/a> by Global Witness. The Central Asian country\u2019s goal to ramp up exploration and production of the highly polluting fuel is expected to cost fossil fuel companies some USD 41. 4 bn. Last month, the country\u2019s President Ilham Aliyev said Azerbaijan was \u201cconfidently moving toward the goal\u201d of doubling its gas exports to Europe by 2027, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-12-10\/azerbaijan-says-it-s-on-track-to-double-gas-exports-to-europe\" 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>Azerbaijan\u2019s economy is highly dependent on its oil and gas sector:<\/strong> Some 90% of Azerbaijan\u2019s export revenues, and between 30-50% of its GDP come from its oil and gas sector, according to the <a target=\"_blank\" href=\"https:\/\/www.iea.org\/reports\/implementing-a-long-term-energy-policy-planning-process-for-azerbaijan-a-roadmap\/azerbaijan-s-energy-context\" style=\"\" rel=\"noopener\">International Energy Agency<\/a>. The country\u2019s forecasted production levels would add some 781 mn tonnes of greenhouse gas output to the atmosphere, which is twice the annual emissions of the UK. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The country\u2019s interest in fossil fuels is drawing concern: <\/strong>Over the weekend, the country named ex-oil executive and Azerbaijan\u2019s Ecology and Natural Resources Minister Mukhtar Babayev as the president of 2024\u2019s COP29 climate summit in Baku, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/edition\/climate\/b1576334-a0aa-4488-a686-0c151fd5f844\" style=\"\" rel=\"noopener\">sparking concerns<\/a> from climate activists over Babayev\u2019s former ties to the state\u2019s oil company Socar, and how they will shape the COP29 Presidency\u2019s priorities. BP and other oil giants have also been investing in the country, transferring some USD 35 bn worth of oil and gas production to Azerbaijan since 2020, according to <a target=\"_blank\" href=\"https:\/\/www.globalwitness.org\/en\/press-releases\/oil-firms-bankroll-azerbaijans-warring-regime-with-billions-in-fossil-fuel-money\/\" style=\"\" rel=\"noopener\">Global Witness<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>YOU\u2019RE READING ENTERPRISE CLIMATE, the essential MENA publication for senior execs who care about the world\u2019s most important industry. <\/strong>We\u2019re out Monday through Thursday by 9am Cairo \/ 10am Riyadh \/ 11am UAE.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EXPLORE MORE OF ENTERPRISE ON THE WEB \u2014<\/strong><a target=\"_blank\" href=\"http:\/\/www.enterprise.news\" style=\"\" rel=\"noopener\">tap or click here<\/a> to read EnterpriseAM, EnterprisePM, Enterprise Climate, Enterprise Logistics, and The Weekend Edition on our powerful new website packed with reader-friendly features. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Were you forwarded this email? <strong>Get your own <\/strong><strong><a target=\"_blank\" href=\"https:\/\/climate.enterprise.news\/climate\/en\/user\/NewsLetters\" style=\"\" rel=\"noopener\">subscription without charge here<\/a><\/strong> or reach out to us on <a target=\"_blank\" href=\"mailto:climate@enterprisemea.com\" style=\"\" rel=\"noopener\">climate@enterprisemea.com<\/a> with comments, suggestions and story tips.<br \/><strong>***<\/strong><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>CIRCLE YOUR CALENDAR- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Libya will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/libyasummit.com\/?_gl=1%2A1xpiv8f%2A_ga%2AMTk1MTg0OTUxNi4xNzAxNjk3MTA5%2A_ga_YPJJT3JRS8%2AMTcwNDM1MTc4OC4yNS4xLjE3MDQzNTY0NDMuMzAuMC4w\" style=\"\" rel=\"noopener\">Libya Energy and Economic Summit<\/a><\/strong><strong> on Saturday, 13 January <\/strong><strong>to Sunday, 14 January<\/strong> in Tripoli. The forum will bring together key stakeholders in the energy sector, including government officials, industry leaders, investors, and experts to discuss opportunities in Libya\u2019s energy industry, including in renewables. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/conferences.uaeu.ac.ae\/warms2024\/en\/index.shtml\" style=\"\" rel=\"noopener\">Management and Sustainability of Water Resources<\/a><\/strong><strong> Conference from Monday, 26 February to Wednesday 28 February<\/strong> in Dubai. Water availability in arid and semiarid regions, global water issues, and future water and environmental challenges are all on the agenda.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\" style=\"\" rel=\"noopener\">Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, ladies and gents. The news cycle is beginning to pick up and we have some green financing and acquisitions updates emerging from the UAE and Bahrain. Let\u2019s jump in. THE BIG CLIMATE STORY- UAE\u2019s Adnoc has acquired a 10.1% stake in Storegga, a UK-based company that develops carbon capture and storage projects around [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":81649,"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":[57,40,11,64,76,43],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-81648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-climate-change","tag-egypt","tag-enterpriseclimate","tag-evs","tag-nuclear-energy","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"4edcf315-3624-49ef-80a7-a64f825b1e4b","order":"0","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2023\/1\/947.jpg","photo_position":"below","homepage_title":"","full_issue_title":"TODAY: Adnoc\u2019s first international equity investment in carbon management","related_issue":[81646],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.82fe540c-85da-46e0-b5a8-924b28b695f8.mp3"},"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: Adnoc\u2019s first international equity investment in carbon management - 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\/2024\/01\/09\/today-adnocs-first-international-equity-investment-in-carbon-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TODAY: Adnoc\u2019s first international equity investment in carbon management\" \/>\n<meta property=\"og:description\" content=\"Good morning, ladies and gents. The news cycle is beginning to pick up and we have some green financing and acquisitions updates emerging from the UAE and Bahrain. Let\u2019s jump in. 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