#25| Climate heroes, GCOM and Second chance
Climate Middle East| Oct 9 - 15
Welcome to Climate Middle East | Weekly.
Each Monday we serve up key regional climate news — along with sides of research, events, jobs and maybe a joke or two.
📝 Climate News
ADX welcomed the secondary listing of USD 750 million green bond by Masdar, a ten-year bond, 5.6 times oversubscribed, carrying a 4.875 % coupon rate with maturity in July 2033, aiming to fund new clean energy projects.
The World Organisation for Smart and Sustainable Cities is set to open a regional office in Abu Dhabi after a successful bid by Department of Municipalities and Transport.
ImpactGulf launched ‘71 Climate Heroes’ offering 71 UAE-registered enterprises a complimentary quantification of their greenhouse gas emissions for the past five years (2018 - 2022). With a focus on SMEs, registrations are open till Dec 2.
Saudi Arabia entered the Guinness Book of World Records for the world’s largest sustainable farm spanning over 3.2 million square meters in the Asir region.
🌱An eye on COP28
MENA Climate Week was held from 8-12 October in Riyadh, KSA. If you missed the opening ceremony, watch it here. Some other highlights from the week:
KSA launched Greenhouse Gas Crediting and Offsetting Mechanism (GCOM), a domestic voluntary carbon market mechanism.
PIF and SEC launched a new EV infrastructure company to build fast charging EV infrastructure across KSA.
Sustainable Tourism Global Center launched a Global Solutions Hub to drive sustainable tourism.
KSA and India signed an MoU to collaborate on electrical interconnections and green hydrogen.
The Asia Pacific Climate Week will be held in Malaysia 13 - 17 November 2023.
💼 Business for Good
Retold: Founded by Sian Rowlands, Dubai based Retold is a fashion destination for pre-loved items. With stores in JLT, Al Ghurair Center, Al Qouz and online, Retold believes in ‘Giving Clothes a Second Chance at Happiness’. They accept high street and designer labels for cash or store credit; unsold items can be donated to charity.
📅 Events
Oct 18, Knowledge Circle: Science for Sustainability, Emirates Literature Foundation, Dubai, UAE
Oct 26, Zero Waste Night, Belgian Business Council, Dubai, UAE
Nov 1-3, Forbes Sustainability Leaders’ Summit, Abu Dhabi, UAE
Nov 4, Sustainable Fashion Expo, Dubai, UAE
🦸🏻♀️ Jobs
GGGI, Internship for MENA office, Abu Dhabi, UAE
Renoir Consulting, ESG Consultant, Abu Dhabi, UAE
AESG, Associate Director - Environment, Dubai, UAE
Cundall, Senior Sustainability Consultant, Doha, Qatar
NEOM, Senior Manager - Future of Mobility, KSA
And finally,
Why did the scarecrow win an award?
Because he was outstanding in his field of land protection