Canada’s Aton Resources to launch Egypt’s first commercial gold production in 2026
Canada’s Aton Resources Inc. plans to start Egypt’s first commercial gold production in the second half of 2026…
Browsing Tag
decarbonisation
Egypt, Scatec, global lenders sign intent letters for solar project powering Egyptalum
Egypt signed letters of intent on Monday with Norway’s Scatec ASA and several international development banks to…
Egypt’s SCZONE in talks with Japan’s Sumitomo on new industrial zone
Egypt’s Suez Canal Economic Zone (SCZONE) said on Tuesday it held talks with Japan’s Sumitomo Corporation on…
Egypt plans new climate finance platform to green industrial sector
Egypt is preparing to launch a national climate finance platform aimed at decarbonising its industrial sector and…
Protected areas not off-limits to sustainable mining – Egypt’s Environment Min.
Mining activities can coexist with environmental protection if managed responsibly, Egypt’s Minister of Environment…
Egypt secures €21m EU grant for low-carbon transition
The European Investment Bank’s development arm, EIB Global, signed an agreement with Egypt to allocate a €21…
Egypt’s NBE, EIB sign investment grant deal to support green industry drive
The National Bank of Egypt (NBE) signed an investment grant agreement on Sunday with the European Investment Bank…
Japan raises FDI goal to ¥150t
Japan's government said on Monday that it has increased its 2030 foreign direct investment goal by 20 per cent to…
IFC funds to boost Senegal’s low-carbon cement production
The International Finance Corporation (IFC) announced a €75 million green loan to Senegal’s largest cement…
Japan sets 60% greenhouse gas reduction target by ’35
Japan's environment and industry ministries finalised a plan on Tuesday to cut greenhouse gas (GHG) emissions by 60…
EU approves €2.7b Austrian scheme for industrial decarbonisation
The European Commission has greenlit a €2.7 billion Austrian scheme designed to support the decarbonisation of…
EBRD funds €25.1m solar project in Bosnia, Herzegovina
The European Bank for Reconstruction and Development (EBRD) has provided a €25.1 million loan to Elektroprivreda…
Australian banks boost efforts to cut carbon emissions
Leading Australian banks are intensifying their efforts to cut carbon emissions and align with global climate…
UAE launches Q3 ’24 Clean Energy Certificates auction
Emirates Water and Electricity Company (EWEC) has announced the opening of registration for its Q3 2024 Clean…
UK boosts renewable power auction budget by 50%
The UK government has boosted its annual renewable power auction budget by 50 per cent, increasing it to £1.5…
Portugal to boost renewable energy share to 93% by ’30
Portugal plans to increase the share of renewables in its electricity consumption to 93 per cent by 2030 as part of…
Western Balkans need $37b for climate protection
The Western Balkans must invest at least $37 billion over the next decade to protect people and property from…
Spain approves €800m for hydrogen projects
The Spanish government has approved nearly 800 million euros ($865.52 million) in subsidies for hydrogen projects,…
Germany’s power grids need €300b for decarbonisation – KfW
Germany needs approximately 300 billion euros ($325 billion) in investments by mid-century to modernise its power…
Spain’s green hydrogen sector hindered by subsidy delays
Spain possesses ideal conditions to lead the global green hydrogen sector, Jorge Palomar, global hydrogen…
Shell to build two carbon capture projects in Canada
Shell's Canadian unit announced on Wednesday plans to construct two carbon capture and storage initiatives in…
RE100 urges Japan to triple renewable capacity by ’35
RE100, a global corporate initiative promoting renewable energy procurement, urged the Japanese government on…
Chinese-European solar co-operation a ‘Win-Win’ – PV experts
Experts and business representatives from the photovoltaic (PV) industry underscored during the just-concluded…
Policymakers urge patience in Germany’s hydrogen transition
Despite investor apprehensions, German industry executives and policymakers, as highlighted at a recent…
Namibia aims to become global green hydrogen hub
King Philippe of Belgium visited the Namib desert in early May to inaugurate a project aimed at decarbonising…
EU approves new rules to establish hydrogen market
The European Council announced on Tuesday the approval of a regulatory package to establish common market rules for…
Japan’s Kobe steel mulls electric arc furnace in Kakogawa
Kobe Steel, Japan’s third-largest steelmaker, plans to build a large electric arc furnace in Kakogawa, Reuters…
Indonesia foresees 29% surge in oil, gas investments in ’24
Indonesia foresees a 29 per cent surge in oil and gas investments for 2024, driven by intensified drilling and…
Road vehicles drive 70% of CO2 emissions- French envoy
The transportation sector is responsible for 23 per cent of global energy-related CO2 emissions and 70 per cent of…
China’s ’40 coal cutback falls short, threatens climate
China’s coal consumption, the largest in the world, will decrease by only one-third by 2040, according to a report…
ExxonMobil threatens investment pullback over EU red tape
ExxonMobil warned that it might hold back billions in climate-related investments in Europe unless Brussels reduces…
EU, Egypt: strong ties amidst global challenges – EU official
EU-Egypt trade has quadrupled over the past 20 years, rising from €8.6 billion to €37.2 billion. Currently, the EU…
EGYPES: Global energy leaders to address energies of the future on Feb. 19
Egypt Energy Show (EGYPES) is taking place at Egypt International Exhibition Centre (EIEC) on February 19-21, under…
Climate complacency endangers eurozone banks – ECB
The European Central Bank (ECB) stated on Tuesday that most large European banks are not adapting their operations…
Abu Dhabi, Siemens Energy partners for industrial decarbonisation
Abu Dhabi Department of Economic Development (ADDED), represented by the Industrial Development Bureau (IDB), and…
BlackRock invests up to $400 million in Dubai’s Positive Zero
Positive Zero, a decarbonisation firm based in Dubai, declared on Monday that it is set to receive an investment of…
AVEVA underscores digitalisation role in industrial decarbonisation
AVEVA, an international pioneer in industrial software that drives digital transformation and sustainability,…
Climate change threatens the livelihoods of middle easterners
According to a recent report by the World Economic Forum (WEF), climate change threatens the livelihoods of more…
EGYPES 2024 to introduce the region’s first CLIMATECH Challenge
Egypt announced on Monday it will launch the region’s first CLIMATECH Challenge at the seventh edition of the Egypt…
IFC approves $25mln grant to boost Egypt’s green steel production
The International Finance Corporation (IFC) has approved a $25 million loan to Egyptian steel production firm…