NH Management’s Post

🌍 GCC nations like Saudi Arabia, UAE, Bahrain, Kuwait and Qatar are leading Green Governance with impactful initiatives in sustainability, renewable energy, and eco-innovation. 🌱✨ #GreenGovernance #GCCLeadership #Sustainability #ClimateAction #EcoInnovation #GreenEconomy

I am excited to share that I have been invited as a delegate to the 4th Sustainable Buildings and RetrofitTech Abu Dhabi Summit, scheduled for 28 - 29 May 2024 in Abu Dhabi. I am eagerly looking forward to connecting with industry leaders and innovators who are shaping the future of energy efficiency and retrofitting within the built environment. The agenda for this year is particularly compelling, covering a range of critical topics: 🌱 Solar and Renewable Energy Integration with Retrofitting 🌍 Net-Zero Energy Buildings 🔋 Energy Storage for Retrofitted Buildings 💡 Energy Efficient Lighting Systems 🏙️ Smart Buildings and BIM 📈 Data Analytics as a Catalyst for Maximum Retrofitting Optimization ❄️ Sustainable HVAC and Central AC 💧 Water Saving and Water Re-Use Technologies 🛠️ Sustainable Insulations and Materials 📐 Building Energy Modelling 🌿 Sustainable Building Design 🧱 Green Building Materials #SustainableBuildings #RetrofitTechSummit #EnergyEfficiency #GreenBuilding #Innovation #Networking #ADES #acm

This year, I explored the implications of carbon pricing as a market-based instrument, both environmentally and economically. During COP28 last year, I learned about the Dubai Financial Market’s (DFM) voluntary carbon market in the UAE, which involves companies like DEWA and NBD. This sparked my curiosity about the significance of other types of policies, specifically “mandatory” regulations, and how they can accelerate the transition toward energy diversification, considering that the energy sector is the largest contributor to greenhouse gas (GHG) emissions. Recognising the challenges of implementing mandatory policies—such as their impact on market behaviour and supply chains—I developed a policy proposal as part of my Environmental Economy and Policy course. The proposal focused on introducing a “Local Energy Market (LEM)” that combines both market-based and mandatory mechanisms. By pricing non-renewable energy sources, the LEM would incentivise energy diversification and the adoption of renewable sources. Additionally, to address potential challenges, I proposed the creation of green funds and support mechanisms for small and medium-sized enterprises (SMEs) to assist in the transition. Working on this paper has deepened my interest in renewable energy, energy diplomacy, and policy development. I am eager to further expand my knowledge in this field and collaborate on innovative solutions to tackle climate change and drive sustainable progress.

Fostering innovation and sustainability for a brighter future in line with Saudi Arabia's Vision 2030. Acknowledging the vital role of energy on International Energy Day, let's continue working towards a greener tomorrow! #EnergyDay

With the UAE aiming for net-zero by 2050, Abu Dhabi’s ADGM is leading the way in sustainable finance — driving investments into renewable energy, water conservation, and more. We're unpacking how this is reshaping the UAE talent landscape, and what organisations in the region can do to get ahead. Read the full article here: https://lnkd.in/ejfy_hbw #SustainableFinance #ESG #UAE

GCFC hosts AGII and continues COP28’s legacy of supporting Africa’s green growth. Exciting news for Africa's green industrialization efforts! The Global Climate Finance Centre (GCFC) is now the secretariat for the Africa Green Investment Initiative (AGII), a $4.5 billion UAE-led initiative to accelerate clean energy investment across the continent. Currently, Africa sees only 2% of global renewable energy investment, far short of the continent's needs. This unique partnership brings together public, private, and development capital from UAE’s climate and development champions including Masdar (Abu Dhabi Future Energy Company), Abu Dhabi Fund for Development, AMEA Power, and Etihad Credit Insurance (ECI), with Africa50 Infrastructure Investment Platform as the strategic partner, to bridge this gap. The GCFC, a COP28 (COP28 UAE) legacy initiative, will leverage its expertise and convening power to support AGII in key areas: -Fast-tracking green projects -Building capacity for African and UAE stakeholders -Developing innovative solutions for persistent systemic impediments -Generating market intelligence to guide effective investment This collaboration is a major step forward for Africa's sustainable development. By working together, we can empower stakeholders and unlock Africa's vast green potential! Learn more about the partnership here: 🔗 https://lnkd.in/dMzeG9jD #greenfinance #Africa #climatechange #sustainability #renewableenergy

GCFC hosts AGII and continues COP28’s legacy of supporting Africa’s green growth. Exciting news for Africa's green industrialization efforts! The Global Climate Finance Centre (GCFC) is now the secretariat for the Africa Green Investment Initiative (AGII), a $4.5 billion UAE-led initiative to accelerate clean energy investment across the continent. Currently, Africa sees only 2% of global renewable energy investment, far short of the continent's needs. This unique partnership brings together public, private, and development capital from UAE’s climate and development champions including Masdar (Abu Dhabi Future Energy Company), Abu Dhabi Fund for Development, AMEA Power, and Etihad Credit Insurance (ECI), with Africa50 Infrastructure Investment Platform as the strategic partner, to bridge this gap. The GCFC, a COP28 (COP28 UAE) legacy initiative, will leverage its expertise and convening power to support AGII in key areas: -Fast-tracking green projects -Building capacity for African and UAE stakeholders -Developing innovative solutions for persistent systemic impediments -Generating market intelligence to guide effective investment This collaboration is a major step forward for Africa's sustainable development. By working together, we can empower stakeholders and unlock Africa's vast green potential! Learn more about the partnership here: 🔗 https://lnkd.in/dMzeG9jD #greenfinance #Africa #climatechange #sustainability #renewableenergy

Get ready because Public Investment Fund (PIF) has increased its green investments to over $19.4 billion for 91 projects to help make Saudi Arabia more sustainable. The best part? A big chunk of this funding, $457 million, is dedicated to green initiatives, including $372 million for 8 green building projects. The majority of the investment, around $18.9 billion, is going into 73 projects that are currently under construction. These projects focus on renewable energy, clean transportation, and sustainable water management. One standout initiative is the Red Sea Global project, receiving $1.7 billion in green financing. This development aims to create a beautiful tourist destination while prioritizing environmental care. The impact is commendable: → These investments are expected to save 711,000 MWh of energy annually and treat 49.4 million cubic meters of wastewater, which will greatly reduce the Kingdom's carbon emissions. It’s inspiring to see such a strong commitment to sustainability, don’t you think? What are your thoughts on these bold steps toward a greener future? #SaudiArabia #Investment #Sustainability #Vision2030

The UAE's Green Shift: ESG and Sustainability on the Rise. The United Arab Emirates is undergoing a remarkable transformation. While its economic power has been built on hydrocarbons, the UAE is now a leader in the region for Environmental, Social, and Governance (ESG) practices and sustainability initiatives. The UAE's Green Agenda 2030 serves as a roadmap for this transition. This ambitious plan outlines goals for a competitive knowledge economy, social development, a sustainable environment, clean energy, and a greener lifestyle. Here are some key highlights: Significant investments in renewable energy: The UAE is pouring billions into solar power, with the Mohammed bin Rashid Al Maktoum Solar Park being the world's largest single-site solar project. Focus on reducing emissions: The country has pledged a 23.5% reduction in greenhouse gases by 2030 and achieving net-zero emissions by 2050. Promoting a green economy: The UAE is positioning itself as a hub for green technologies and sustainable practices. This shift towards ESG and sustainability presents exciting opportunities for businesses and professionals in the UAE. #ESG #ClimateAction #SustainableDevelopment #RenewableEnergy #UAE #GreenAgenda #Sustainability

𝗠𝗶𝗱𝗱𝗹𝗲 𝗘𝗮𝘀𝘁 𝗘𝗺𝗯𝗿𝗮𝗰𝗲𝘀 𝗘𝗦𝗚: 𝗖𝗮𝗻 𝘁𝗵𝗲 𝗥𝗲𝗴𝗶𝗼𝗻 𝗠𝗼𝘃𝗲 𝗕𝗲𝘆𝗼𝗻𝗱 𝗙𝗼𝘀𝘀𝗶𝗹 𝗙𝘂𝗲𝗹𝘀? All countries in the #MiddleEast region have committed to complying with ESG principles and are already striving to achieve this target. The region has been highly reliant on energy derived from #fossilfuels to power business operations and exports. The region accounts for approximately one-third of global #oil production, summing up to over 30 million barrels of oil produced per day. Hence, the capacity to achieve ESG targets for the Middle East region is heavily linked to the environmental component.   Ongoing Initiatives in the region, like The UAE’s Green Agenda 2030, #SaudiVision 2030, Bahrain’s Economic Vision 2030, and Oman’s Vision 2040, embed sustainability as a core principle and are aligned with the United Nations’ Sustainable Development Goals (UNSDGs). 𝗘𝗦𝗚 𝘃𝘀. 𝗢𝗶𝗹: 𝗖𝗮𝗻 𝘁𝗵𝗲 𝗠𝗶𝗱𝗱𝗹𝗲 𝗘𝗮𝘀𝘁 𝗙𝗶𝗻𝗱 𝗮 𝗪𝗶𝗻𝗻𝗶𝗻𝗴 𝗙𝗼𝗿𝗺𝘂𝗹𝗮? Let get the details @ https://lnkd.in/ds4mWSuQ Dive into Astra ESG Solutions - Powered by Grand View Research to learn how we help investors, shareholders, and other stakeholders embed sustainable strategies to produce a real difference. #ESG #Sustainability #EnergyTransition #UNSDGs #GreenAgenda #Vision2030 #RenewableEnergy #ClimateChange #Geopolitics #Investment