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DAILY NEWS DAY 2, 17 APRIL 2024 Today 01
World Future Energy Summit 2024 brings green finance to the fore After earning notable attention by Her Highness Sheikha Shamma bint Sultan bin Khalifa Al Nahyan at the inaugural keynote of the World Future Energy Summit, the Green Finance Forum began in earnest on the second day of the event. Elias El Mrabet, Climate Finance Director at COP28, opened proceedings, explaining that, “COP28 was incremental in terms of making finance more available, accessible and affordable, and to push global approaches to financing the transition towards carbon neutral.” “COP28 pushed a different narrative of investment opportunity rather than a narrative of reparation.”
(Left-right) The Japan Bank for International Cooperation’s Kenny Kitamura, GE Capital’s Ahmed Bahei-Eldin, Masdar’s Bruce Johnson, and COP28’s Elias El Mrabet opened proceedings at the Green Finance Forum.
Hydrogen
Business
New green hydrogen report
Boosting business connections
MESIA releases new report
Solarbic and MESIA launched their report ‘Unlocking the potential of green hydrogen’ at the World Future Energy Summit.
At a meet and greet hosted by the World Future Energy Summit Sustainability Business Connects programme, a selection of exhibitors from the UK and Switzerland pavilions introduced their companies to international and local buyers. They ranged from an innovative nuclear technology, exhaust gas cleaning, laser gas detection, carbon capture and energy storage solutions, to waste-toenergy technology.
The Middle East Solar Industry Association (MESIA) launched its Solar Outlook Report 2024 at the World Future Energy Summit. It provides valuable insights on the future of solar energy in MENA, the latest solar innovations and technological advances, and highlights of developments in the region’s leading solar PV markets. “In this year’s report, readers will delve into topics such as solar panel performance testing methods, which ensure efficiency and reliability in challenging environments. Additionally, insights from our government partner, DEWA, shed light on commercially viable Perovskite Silicon Tandem Solar Cells and the integration of solar power into the grid, supported by regional-scale solar mapping and forecasting initiatives,” said Denisa Fainis, Secretary General of MESIA in the Foreword.
The race towards a sustainable future has never been more pressing, and green hydrogen technology has emerged as a key player in this transition. As the world shifts towards cleaner forms of energy, the importance of hydrogen in decarbonising various sectors cannot be overstated. The report gives a comprehensive overview of the current state of green hydrogen technology, including updates on global developments, as well as a detailed analysis of the status of green hydrogen potential in the MENA region.
“COP28 was incremental in terms of making finance more available, accessible and affordable.”
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