Leonardo Yamamoto, Executive Director of Mubadala Capital Brazil, argued this week at the FII Priority Summit that decarbonization projects have to be profitable to attract capital. Saudi Arabia-based institute powered the event in Rio de Janeiro.
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During the FII Priority, Aloizio Mercadante, President of the Brazilian state development bank BNDES, highlighted Brazil’s green and energy potential, in a bid to attract investments from the Gulf.
Solar energy system acquired with donations from Rotary Club members in Brazil was inaugurated in a Lebanese school earlier this month. Other two education institutions in the Arab country that faces constant energy supply problems will be benefited from funds raised by the Light for the Future campaign.
At a meeting held as part of the World Water Forum in Indonesia, a Moroccan minister called for greater international collaboration on water issues. He said his country is willing to share its experience.
The 2025 cycle is open for submissions until June. The prize accepts submissions in multiple languages, including Portuguese, and has increased its funds from USD 3.6 million to USD 5.9 million.
Emirate designed a tool to quantify the carbon emissions of local hotels and support the country in achieving net-zero emissions by 2050.
The International Monetary Fund (IMF) said that notwithstanding the pickup in growth, continued efforts to address water scarcity and enhance governance are essential to bolster Morocco’s growth.
Brazil’s Minister of Environment participated in event in Berlin with the presidents of COP28 and COP29, and climate officials. How to fast-track the enforcement of the Paris Agreement was part of the discussions.
China holds the world’s largest share of electric vehicles, but demand from other countries has risen. In Brazil they represent a market share of 3%, while in the Middle East and Africa they account for less than 1%.
After years of study and research, engineer Adair Gallo Jr. established Terraxy together with his Indian professor Himanshu Mishra. Company has developed innovations that help the desertic soil retain water and nutrients for agriculture.
In January, average temperature in the country was 3.8C above normal for the period 1991-2020, the local meteorological department said. The drought threatens agriculture for the sixth consecutive year.
The three countries were mandated by 198 signatories to the Dubai agreement to work together on a roadmap to limit global warming to 1.5 degrees Celsius.
On February 10, the International Day of the Arabian Leopard is celebrated. A Saudi organization unites participants for a walk in an effort to preserve the big cats.
Droughts and temperature have increased in the Arab country in recent years. Since the 1980s, disasters caused by natural hazards have claimed over 1,000 lives, and rising sea levels are alarming. Government has launched programs to cope with these effects.
