Tag : energy transition

World Bank targets $10 billion climate aid for MENA by 2025
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World Bank targets $10 billion climate aid for MENA by 2025

manamalive.com
The World Bank has announced an ambitious plan to escalate climate financing in the Middle East and North Africa (MENA) region, aiming to allocate $10 billion by 2025. This commitment was confirmed by Meskerem Brhane,...
UAE and Morocco forge new path with innovative partnership declaration
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UAE and Morocco forge new path with innovative partnership declaration

manamalive.com
In a landmark move, UAE President Sheikh Mohamed bin Zayed Al Nahyan and Moroccan King Mohammed VI have fortified their countries’ ties with a groundbreaking declaration, heralding a new era of partnership. This historic moment...
Masdar and Iberdrola partner to invest in German offshore wind farm
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Masdar and Iberdrola partner to invest in German offshore wind farm

manamalive.com
Masdar and Iberdrola have entered into a strategic agreement to co-invest in Baltic Eagle, a 476-megawatt (MW) offshore wind farm situated in the German Baltic Sea. Under the terms of the agreement, valued at around...
Global clean energy investment set to reach $1.7 trillion, overtaking oil production
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Global clean energy investment set to reach $1.7 trillion, overtaking oil production

manamalive.com
Global investment in clean energy is projected to reach an impressive $1.7 trillion in 2023, marking a significant milestone as solar energy surpasses oil production for the first time. A new report from the International...
Global clean energy investment set to reach $1.7 trillion, overtaking oil production
Business

European Investment Bank supports circular economy with €3.4 billion lending

manamalive.com
Global investment in clean energy is projected to reach an impressive $1.7 trillion in 2023, marking a significant milestone as solar energy surpasses oil production for the first time. A new report from the International...