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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

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%.

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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%.

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.

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.

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Ireland Announces Sectoral Ceilings On Emissions For 2030

The Irish government has pledged to curb the GHG emissions by setting caps along multiple sectors to reduce the overall emissions by 51% compared to the 2018 levels heading towards the end of this decade. The government has agreed to put Sectoral Emissions Ceilings along sectors like electricity, buildings, transport,

Finland Aims 2035 To Go Net Zero, Reflecting The World’s Most Ambitious Climate Target.

The Nordic nation, Finland after declaring its climate change policy, targets to meet the goal to go net zero by 2035 and take its environmental action a step further. Finland's updated Climate Change Act was approved by the government on 2nd June and entered into force this July, making it

CO2Rail, A ClimateTech Startup, Teases Innovative Carbon Capture Train Concept.

CO2Rail, a US based train manufacturing startup is aiming big in terms of developing trains capable of capturing carbon dioxide directly from the air using train-loaded modules systems that will be installed on already running trains that are in regular service. The current methods employed to capture carbon dioxide directly

IoT: Enhancing Our Chances Against Climate Change

Technology is among the major tools that can help us in catering to the climate crisis and deal with its catastrophes. Owing to our reckless and over exploitation of the natural resources along with our ill attitude towards the environment, we are already facing the heat of the climate crisis.

Switzerland's €2 billion Water Battery Now Functional

After a span of 14 years, Switzerland’s water battery is finally functional. The sophistications and technical aspects of the project can be clearly seen to be class apart as the cost involved in the project was a massive €2 billion and being situated at one of the remotest locations

Climeworks Announces DAC Plant To suck 36,000 Tonnes CO2 Annually

Climeworks AG, a Swiss based startup is coming up with a direct air capture (DAC) plant named “Mammoth” with a capacity to suck 36,000 tonnes of CO2 per year. With construction already going on in Iceland, the project is set to be functional in a span of 18 to