Middle East Investment in Global Climate Tech Surges Almost 200%: PwC Report
Middle East's global green tech investment soars 200% to $5B in 2023, defying a global decline. Local innovators face a funding gap, receiving <2%.
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Hyundai Forges Strategic Partnership to Pave Way for Hydrogen Mobility Ecosystem in Saudi Arabia
Hyundai Motor signs key MOU with Saudi partners to establish a hydrogen-based mobility ecosystem. This strategic move supports Saudi Arabia's "Vision 2030" and "Green Initiative" for sustainable, low-emission transportation, with a focus on hydrogen fuel cell technology.
Climate Tech Investments See 40% Dip, But With a Steady Influx of First-Time Investors, Sector Remains Attractive
PwC's 2023 report shows a 40% fall in climate tech investments due to economic uncertainty. Despite this, first-time investors show interest, highlighting the industry's continued allure.
India and Saudi Arabia Forge Strategic Partnership for Green Hydrogen Production
India and Saudi Arabia sign MoU for green hydrogen and energy cooperation. Key focus on green hydrogen production, secure supply chains, and fostering clean energy collaboration.
Electric Hydrogen Becomes First Green Hydrogen Unicorn With $1 Bn Valuation After a $380M Series C Round
Electric Hydrogen (EH2), a green hydrogen tech company, reaches unicorn status with a $1 billion valuation after a $380 million Series C funding round, poised to revolutionize green hydrogen production.
The UK is Priortising Finance, Climate, Tech and Gender to Expedite the SDGs: UK statement at UN Second Committee
Ambassador James Kariuki, representing the UK at the UN Second Committee, reaffirmed their commitment to the SDGs, focusing on finance reform, climate action, technology partnerships, and gender equality. A comprehensive approach to global challenges.
The UK Announces Changes to Climate Policies, Including Delay in Petrol and Diesel Car Ban
UK PM announces changes to climate policy, delaying the ban on petrol and diesel cars until 2035, emphasizing consumer choice, and a pragmatic approach to meet net-zero targets.
UK Prime Minister Sparks Controversy With Potential Green Policy Revisions
Prime Minister Rishi Sunak's proposed changes to key green commitments have been leaked, sparking outrage and controversy across the political spectrum.
UK Announces Record-Breaking $2 Billion Commitment to Green Climate Fund at G20 Summit
The UK's historic $2 billion pledge to the Green Climate Fund at the G20 Summit underscores its global leadership in tackling climate change.
Google Maps Platform Introduces New Sustainability Tools for Businesses and Cities
Google Maps Platform unveils new sustainability APIs for solar potential, air quality, and pollen data. Leveraging AI and environmental insights, these tools empower businesses and cities to mitigate environmental impact and make informed decisions. A notable step towards a greener future.
CCUS
ADNOC Announces Pioneering Investment in MENA's Largest Carbon Capture Project
6th September 2023 - Abu Dhabi, UAE: Abu Dhabi National Oil Company (ADNOC) has unveiled a major commitment to sustainability with its final investment decision (FID) to embark on one of the most ambitious carbon capture projects in the Middle East and North Africa (MENA) region. This visionary project, known