{"id":85599,"date":"2024-07-24T00:00:00","date_gmt":"2024-07-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2024\/07\/24\/uae-inks-cepa-with-mauritius-to-boost-green-energy-investments\/"},"modified":"2024-07-24T00:00:00","modified_gmt":"2024-07-24T00:00:00","slug":"uae-inks-cepa-with-mauritius-to-boost-green-energy-investments","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2024\/07\/24\/uae-inks-cepa-with-mauritius-to-boost-green-energy-investments\/","title":{"rendered":"UAE inks CEPA with Mauritius to boost green energy investments"},"content":{"rendered":"

UAE + Mauritius ink CEPA to drive renewables investments:<\/strong> The UAE and Mauritius signed a Comprehensive Economic Partnership Agreement (CEPA) with a focus on supporting energy and infrastructure investments, Wam<\/a> reports. Mauritius aims to increase the contribution of renewable energy to 60% of its electricity mix by 2030, focusing on solar, wind, biomass, hydro, and waste-to-energy sources. The agreement will transform the energy landscapes of both countries, UAE Minister of Energy and Infrastructure Suhail Al Mazrouei said.<\/p>\n

Not the first time the two join forces:<\/strong> The two nations <\/span>inked an MoU<\/a> to boost cooperation in energy, renewables, hydrogen, energy efficiency, desalination, and water management back in May. Signed between the energy and infrastructure ministry and the Mauritian energy and public utilities ministry, the MoU will see the two countries explore striking public-private partnership and independent power producer agreements to develop joint projects. Mauritius also expressed interest in <\/span>joining the Global Biofuels Alliance<\/a> founded by India, the UK, and the US, following the UAE\u2019s decision to do so in 2023.<\/span><\/p>\n

ALSO- <\/strong>The UAE and Paraguay have inked agreements for enhancing sustainable food systems and developing sustainable transportation and logistics infrastructure<\/strong>, Wam<\/a> reports. UAE Minister of State for International Cooperation Reem Al Hashimy and Paraguayan President Santiago Pe\u00f1a also discussed the Bi-Oceanic Corridor<\/a> joint declaration signed during COP28. <\/p>\n

The UAE and Paraguay have cooperated before: <\/strong>The UAE signed an agreement<\/a> with Paraguay to exchange information and best practices regarding carbon trading, as well as co-develop greenhouse gas mitigation initiatives and emission reduction projects last December. <\/p>\n","protected":false},"excerpt":{"rendered":"

The agreement will help Mauritius increase the use of renewable energy to 60% of its electricity mix.<\/p>\n","protected":false},"author":1,"featured_media":85600,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","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":[62],"tags":[61,11,88,52],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-85599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-climate-diplomacy","tag-climate-diplomacy","tag-enterpriseclimate","tag-renewables","tag-uae","wpautop","entry"],"acf":{"mongo_id":"cdb3e943-82bf-4215-9d44-0305c8567261","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/7\/1883.jpg","photo_position":"above","homepage_title":"","full_issue_title":"UAE inks CEPA with Mauritius to boost green energy investments","related_issue":[85589],"teaser":"The agreement will help Mauritius increase the use of renewable energy to 60% of its electricity mix.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.b5a0f211-6aa7-4c12-a923-a125f1d122d0.mp3"},"yoast_head":"\nUAE inks CEPA with Mauritius to boost green energy investments - 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