In an effort to strive for a sustainable future, the Saudi Green Initiative (SGI) was launched in 2021 by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince…
energy transition
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In an effort to increase solar power in industrial business, ENGIE, a leader in low-carbon energy and services, has signed a Power Purchase Agreement (PPA) with Al Jouf Cement Company…
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DevelopingEnvironment
Spyros Kouvelis on Europe’s Success in Green Transition as a Model for Arab Nations | Video
by RachelIn a discussion with Sal Jafar, CEO of ESG Mena, Spyros Kouvelis, Leader of the EU-CCC Cooperation on Green Transition Project, emphasised that Europe’s environmental achievements could serve as a…
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A new International Energy Agency (IEA) report, published Tuesday, says that the COP28 goals to triple renewable energy and double energy efficiency by 2030 are “feasible” with the right enabling…
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The UN’s Pact for the Future, intended to signify a new era for multilateralism, was adopted on Sunday at the Summit of the Future. UN Secretary-General Antonio Guterres called the…
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To triple renewable energy by 2030, energy storage capacity must increase sixfold by the same year. It’s an ambitious target, and the world is far off track. With the clock…
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Following backlash from Nobel laureates, world leaders, and climate change experts, the latest draft of the UN Pact for the Future has brought back wording on fossil fuels. Back in…
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At COP 26 in Glasgow, 39 countries and public finance institutions joined the Clean Energy Transition Partnership (CETP), pledging to end international public finance to fossil fuels in a world…
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DevelopingEnergyPolicy & Finance
World Leaders, Nobel Laureates Urge Inclusion of Fossil Fuels in UN Pact for the Future
Almost 80 world leaders and Nobel Prize winners have condemned the removal of “fossil fuels” from the latest draft of the UN Pact for the Future. In an open letter…
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King Abdullah University of Science and Technology (KAUST) has signed an R&D MoU with Aramco. The agreement will see the latter fund up to $100 million in research and development…