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Middle East Investment in Global Climate Tech Surges Almost 200%: PwC Report
CCUS
, Carbon Markets
, Renewable Energy
Muhammad 2 min read Nov 24, 2023

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%.

Top Stories

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%.
CCUS
Carbon Markets
Nov 24, 2023

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.
Oct 23, 2023

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.
Oct 19, 2023

Latest

The UK Government Holds Its First Net Zero Council To Combat Carbon Emissions

09 May 2023: The inaugural Net Zero council has been established by the UK government with the aim of assisting industries in reducing their emissions and promoting the adoption of climate friendly practices. The meeting witnessed the presence of prominent figures from renowned banks, energy companies, technology giants and finance
Admin 2 min read May 16, 2023

UK Start-up Launches The World’s Largest Seaweed Project to Tackle Climate Crisis

10 May 2023: UK based start-up, Carbon Kapture, which is committed to remove CO₂ from the atmosphere, is launching its inaugural seaweed farm. The company has devised an exceptional business model that allows customers to sponsor seaweed cultivated on ropes, enabling direct absorption of CO₂ from the sea. This seaweed
Water Management
Admin 1 min read May 16, 2023

European Maritime Industry To Go Green By Retrofitting Ships With Innovative Carbon Capture Technologies

03 May, 2023: A collaborative effort between the UK and EU has started to create retrofit solutions for carbon capture and other technologies aimed at reducing emissions and fuel consumption in ships. Despite the fact that waterborne vessels currently have the lowest impact on overall GHG emissions in European transportation,
Admin 1 min read May 5, 2023

Hatch and Küttner Unite to Lead Europe's Green Technology Sector

Essen, Germany, 02 May, 2023: Hatch, a Canada based engineering company and Germany based industrial machinery manufacturer, Küttner have merged to establish themselves as the top supplier of sustainable industrial processes, innovative green technologies, advanced hydrogen and battery solutions in Europe. Hatch has declared that Küttner will be integrated with
Batteries
Admin 1 min read May 4, 2023

Sustainable Solutions for a Carbon-Neutral Future: A New Frontier of Climate-Friendly Materials

As we face the realities of climate change, the importance of reducing carbon footprint has become more evident than ever before. In this quest for a more sustainable future, a new frontier has emerged in the form of climate-friendly materials that have the potential to capture and store carbon dioxide.
CCUS
Admin 4 min read May 3, 2023

European Union Passes ReFuelEU: A Landmark Green Fuel Legislation

April 26, 2023: Negotiators from the European Union reached an agreement to decarbonise the aviation sector, with the goal of reducing heat-trapping emissions by increasing the scope of the region's green aviation fuel market. The deal, known as ReFuelEU, will require all flights departing from an EU airport to uplift
Policy
Admin 1 min read Apr 27, 2023

Siemens Energy Wins Billion-Euro Contract To Supply Technology For North Sea Offshore Grid Connections

20 April 2023: Siemens Energy, in collaboration with Spain’s Dragados Offshore ACS.MC has been awarded contracts with a total value of around 7 billion euros to transport wind farm power to northern Germany. Siemens Energy has announced that as part of their agreement with TenneT IPO-TTH.AS, they
Renewable Energy
Admin 1 min read Apr 27, 2023
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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

Hyundai Forges Strategic Partnership to Pave Way for Hydrogen Mobility Ecosystem in Saudi Arabia

Hyundai Forges Strategic Partnership to Pave Way for Hydrogen Mobility Ecosystem in Saudi Arabia

British Greentech Firm myenergi Secures £30 Million Investment for International Expansion

British Greentech Firm myenergi Secures £30 Million Investment for International Expansion

India and Saudi Arabia Forge Strategic Partnership for Green Hydrogen Production

India and Saudi Arabia Forge Strategic Partnership for Green Hydrogen Production

Electric Hydrogen Becomes First Green Hydrogen Unicorn With $1 Bn Valuation After a $380M Series C Round

Electric Hydrogen Becomes First Green Hydrogen Unicorn With $1 Bn Valuation After a $380M Series C Round

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