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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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UK Government Allocates £60mn Investment In Maritime Green Technologies

The UK government is investing £60mn in clean maritime technology companies throughout the nation. The UK Department for Transport (DfT) will allocate this funding over a period of two years, which comes from the third round of the Clean Maritime Demonstration Competition, which amounts to a total of £206mn. The

Revolutionising Carbon Capture: Using Clay Devices as CO₂ Absorbents

London, 17th February 2023: According to recent ongoing research regarding carbon capture, researchers now claim that common clay can be used as the most inexpensive way to deal with the rise in CO2 emissions. As per the recent article published by Norwegian SciTech News, ordinary clay can be as good

UK To Spend £113mn In Green Aviation Tech For Guilt-Free Flying

Feb 07, 2023, UK: The Business and Transport Secretaries, UK, announced an investment of £113 million to support cutting-edge new technologies that may enable the development of electric flying taxis and hydrogen-powered aircrafts which will ensure guilt-free travel and create green jobs across the UK. Through the Aerospace Technology Institute

PNNL Scientists Come Up With The Cheapest Tech To Capture Carbon

According to a recent publication in the journal, Advanced Energy Materials, the scientists at the Department of Energy's Pacific Northwest National Laboratory (PNNL) have accomplished a new feat in their attempts to make carbon capture inexpensive and more widely available. With every Carbon Dioxide (CO2) molecule that enters the Earth's

Emerging Climate Technologies, For A Greener Tomorrow.

A 1.5°C warmer earth! That's what we are heading towards in a couple of decades. It may not seem much but practically it means 4 times higher chances for an extreme heat event every 10 years, 70% degradation of coral reefs, rapid ice cap melting, higher tsunamis, unpredictable

McKinsey and Microsoft Partner Up To Help Companies With Decarbonisation Efforts.

With an aim to assist organisations across the globe to build a robust mechanism to effectively compute their carbon footprint, develop a sturdy decarbonisation plan along with its efficient execution, tech giant Microsoft and global management consulting Mckinsey & Company have come together to build an integrated solution. The companies have

Germany Launches World’s First Hydrogen Powered Passenger Train Service.

Germany becomes the first nation to introduce a fully green passenger railway line run by trains powered by hydrogen thus taking the lead towards sustainable public transport. German officials have confirmed plans to introduce the world’s first-ever hydrogen powered trains replacing the previously running 15 diesel trains operating on