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Middle East Investment in Global Climate Tech Surges Almost 200%: PwC Report

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%.

ADNOC Announces Pioneering Investment in MENA's Largest Carbon Capture Project

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

U.S. Approves $1.2 Billion in Grants for Innovative Carbon Capture and Storage Projects

U.S. Approves $1.2 Billion in Grants for Innovative Carbon Capture and Storage Projects

USA, September 11, 2023: In a significant stride towards combating climate change, the United States has greenlit grants totaling USD 1.2 billion for two pioneering Direct Air Capture and Storage (DAC) facilities, poised to revolutionize the battle against carbon dioxide (CO2) emissions. These projects, located in Louisiana and Texas,

The UK Unveils Ambitious Biomass Strategy, Gains Industry Applause

10 August 2023: The UK government has released its latest biomass strategy, focusing on detailing the country's plan to expand the cultivation of forestry and agricultural crops within its borders. This expansion aims to address the growing need for bioenergy. The Biomass Strategy outlines the actions planned by the government

Stanlow Terminals and Eni UK Forge Agreement To Develop CO2 Transport and Storage Projects

8th August 2023: Stanlow Terminals Ltd, the leading independent provider of bulk liquid storage in the UK, has entered into a Memorandum of Understanding (MoU) with global energy company Eni UK Ltd. This collaboration aims to investigate the potential for creating solutions related to the collection, transportation, and storage of

NZTC To Offer £1.2M funding To 12 Low-Carbon Tech Start-ups

July 13, 2023: The Net Zero Technology Centre (NZTC) is offering clean energy start-ups worldwide the opportunity to join its TechX Accelerator program's 2024 cohort and compete for a share of the generous £1.2M grant funding, with each start-up eligible for up to £100,000. Supported by esteemed partners

Denmark On Track To Control Carbon Capture Market With EU Support

Jul 6, 2023: The Danish government is allocating substantial funds to position the country as a prominent European hub for carbon capture and storage (CCS), a crucial technology in the EU's plans to achieve net-zero emissions by 2050. Denmark's objective is to stimulate the emerging CCS industry by offering subsidies,