Hani Tohme

We are excited to announce that we are the knowledge partners for the MENA Oceans Summit, scheduled for June 10th in #Dubai. Under the patronage of the وزارة التغير المناخي والبيئة Ministry of Climate Change and Environment, the Summit brings together regional and global stakeholders to champion #ocean health and #sustainable #BlueEconomy frameworks in the lead-up to United Nations Ocean Conference 2025 in Nice, France. In the discussion around ocean #conservation, the blue economy plays a central role in promoting sustainable growth and #innovation. We must prioritize integrating advanced technologies and innovative practices to preserve and enhance our #marine resources. This requires strong collaboration between the public and private sectors. Our goal is to drive solutions that have a significant impact locally and resonate globally, ensuring ocean conservation efforts focus on protection and pioneering new possibilities for the blue economy. By joining forces with our partners in the #MENA Oceans Summit, we aim to amplify the MENA region's voice in the global dialogue on ocean conservation, ensuring that our unique perspectives and challenges are addressed. Prof. Dr. Torsten Henzelmann René Seyger Mario Sanchez Filippo Ghizzoni Karim J-P Haggar, PhD #RolandBerger

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Last month, I had the privilege of attending the Qatar Economic Forum in Doha, where the discussions centered around the evolving landscape of LNG and its role in the global energy mix. While renewable energy sources like solar and wind are expanding their capacity, their intermittent nature requires supplementary sources of energy, with LNG presenting itself as the answer. ‌Key Takeaways from the event: • Economic and population growth are major drivers of increased energy demand. • Renewable energy sources, despite their growth, require backup due to their intermittent nature. • Gas, particularly LNG, is emerging as a key player in the global energy market, providing a flexible power solution and aiding the transition away from coal. • By 2030, an increase in gas supply could lower prices and attract new customers. ‌One key action highlighted during the forum was the need to ensure equitable access to reasonably priced power for over a billion people currently without it. Balancing the use of gas and renewable energy presents a profitable model for achieving a sustainable and fair energy transition. https://lnkd.in/eAhP_hfS

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Last month’s Connecting Green Hydrogen MENA 2024 event explored the GCC’s pivotal role as a hub in the global green hydrogen economy. Overcoming supply chain challenges, enhancing bankability and fostering collaborative international partnerships were amongst key topics discussed at the two panels moderated by BCG Middle East‘s Javier Doblas and Dr. Alessandro Zampieri ‌ The GCC’s journey with green hydrogen is accelerating, and as the conference’s Strategic Insights Partner, we’re proud to support the region as it becomes a crucial driving force in the sustainable energy revolution. ‌ #BCGintheMiddleEast #BCGForNetZeroandBeyond #GreenHydrogen #CGHM2024 #EnergyTransition

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Will the Middle East see economic turmoil from the shift away from fossil fuels? Not necessarily, argue Yahya Anouti and Shihab Elborai in #ArabianGambit: The path to leadership in a shifting global energy landscape. Learn why by registering to receive their e-book.

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MENA governments have set ambitious climate targets, and approximately 70% of the region's emissions now fall under net-zero pledges, a notable increase from 60% two years ago. Today, 46% of large companies in the MENA region are managing their emissions and 41% are disclosing their Scope 1 and Scope 2 emissions. A very different story however on the SMEs end, with majority of them lagging significantly on their decarbonization efforts.

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Extreme weather events are rapidly increasing: witness the Super Storm across the # Arabian Peninsula #UAE #KSA #Oman We need to invest massively to make our basic Infrastructure climate risk resilient: a Climate Adaptation Bank is key. My proposal: https://lnkd.in/dapj85Ry

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Mr. Oussama Kaissi, CEO of ICIEC, led a Fireside Talk on Green Finance at Future Energy Summit Abu Dhabi! During the Summit, Mr. Oussama Kaissi led a captivating fireside talk on future trends in Green #Finance. The insightful session explored: • Emerging trends in sustainable #investments • Regulatory changes and strategic shifts in financial institutions • The future of #green finance, encompassing both conventional and Islamic finance The discussion offered attendees a valuable opportunity to stay ahead of the curve in the evolving landscape of green finance. #GreenFinance #SustainableInvestment #FutureofFinance

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Calling CEOs. As the Middle East region witnesses remarkable strides in its non-oil economy, we outline four priorities to adopt now to balance challenges with potential

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In collaboration with the World Economic Forum, our latest agenda blog titled, "How MENA's Major Players Can Support Decarbonization for Suppliers and SMEs in the Region," highlights the urgent need for comprehensive climate transition plans that cover the entire value chain and emphasizes the pivotal role of small and medium-sized enterprises (#SMEs) and suppliers in the Middle East and North Africa (#MENA) region. Read more for insights from partners Akram Alami and Raja Atoui. https://bit.ly/3SWCkOz

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Upon the implementation of the Carbon Border Adjustment Mechanism (#CBAM) in October 2023, exporters to the European Union (#EU) will be obligated to report the emissions associated with their products. By 2026, payment for these emissions will be required. Join me for a panel discussion in an upcoming webinar focusing on CBAM and its implications in #MENA! #EYCCaSS #carbonmarkets

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As we increasingly witness the implications of climate change such as rising temperatures and extreme weather events, decision makers across the public and private sectors redirect focus towards mitigation and decarbonization efforts, in line with the National #NetZero commitments 🎯   In the Middle East, one of the world's most vulnerable regions to climate change, many governments have already made commitments to achieve Net-Zero by around mid-century, incl. UAE, Saudi Arabia and Bahrain ✅    What does this mean to the private sector?    💡Companies will need to continue rethinking and transforming their operations to be more sustainable. This will happen through introducing phased measures to reduce carbon footprint against defined targets in line with climate science    ♻️ One effective approach is to adopt a clear framework such as the Science-based Targets Initiative (#SBTi). SBTi provides a scientifically grounded methodology for defining company #EmissionReuction objectives in alignment with internal measures    Check the latest publication to know more about Roland Berger's proven methodology to set and validate your targets according to SBTi standards #RolandBerger #ClimateAction

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It has been a pleasure attending the New Energy Investor Summit at Abu Dhabi Global Market (ADGM), hosted by Smartenergy and Dii Desert Energy / Desertec3.0 Key messages: 1. Clean hydrogen is needed to reach the climate targets, no doubt about the long-term prospects of the industry. 2. There is uncertainty all around, project delays & cancellations, especially in the bn USD investment space. 3. First reason: Increasing CAPEX for renewable energy and H2 production (instead of a projected decrease), unfavorable financing conditions. 4. Second reason: Regulation is underway but not sufficient to lift willingness to pay of off-takers to the level needed for a viable business case for investors. 5. This puts pressure on the supply chain since orders are lower than expected. A consolidation of the electrolyzer industry is upcoming. 6. Solution: Adjust regulation to set a level playing field vs fossils, carbon pricing, contracts for difference Smartenergy Dii Desert Energy / Desertec3.0 Masdar (Abu Dhabi Future Energy Company) Hydrogen Europe Roland Berger Horst H. Mahmoudi (H2M) João Cunha Florian Merz Jorgo Chatzimarkakis Cornelius Matthes Andrès Isaza Pedro Guedes de Campos Stefan A. Andreas Bieringer Alexander Ritschel Dr. Marcus Guzmann Frank Wouters Valeria Maria Aruffo Ramy Lotfy Sherif EL Gabaly Carlos Gascó Travesedo Vatche Kourkejian

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Many thanks to the The Arab Gulf States Institute in Washington for hosting this event and having Torsten Ehlers, Rachel Ziemba and I to discuss #climatefinance and #climatetech in emerging markets. Thanks is due to Robert Mogielnicki, Raymond E. K. and Bouchra A. Lawrence for being such great conveners as well. Here's a few highlights from our panel: - Climate Policy Initiative has said we passed US$1 trillion in climate finance last year. However, according to McKinsey & Company that needs to increase to around US$9 trillion annually. That means climate finance needs to reach a level of about 9% of global GDP. - Where do we raise the funding to cover the gap? To date, a lot of "new" climate finance has come from budget reallocations vs freeing up new capital. Often, we say the private sector will need to account for the bulk of new climate funding, referring to groups like pension funds, endowments, foundations, etc. to foot the bill. However, many of these groups invest for capital preservation rather than taking big bets. - A lot (understatement) of that funding needs to go to lower-income markets - the most climate-vulnerable countries. However, there are many historic hurdles (both perceived and real) to deploying capital into developing countries that, even if climate finance flows are increasing, we have yet to solve. - Much of the climate finance conversation focuses on the energy transition, and rightfully so, but adaptation solutions (water, food, etc.) will be needed in spades when it comes to the most vulnerable countries in particular. Often, adaptation needs are entirely overlooked or at best under-stated. - Where does #climatetech factor into this? It's easy to see these massive climate finance numbers and wonder where early-stage companies could factor in. However, the International Energy Agency (IEA) says we need to rely heavily on current and under-development technologies to reach decarbonization goals by 2030 and 2050, and these numbers do not reflect adaptation needs either. Innovators - entrepreneurs, researchers, operators, etc. are and will continue be critical to meeting these needs, even if crossing 1.5 is now all but guaranteed. - Personally, I'd advocate for much stronger focus on supporting entrepreneurs who are tackling adaptation challenges. I'm all for thinking about globally-relevant technologies, but IMHO there's no substitution for supporting local innovators who are building hyper-localized solutions to address adaptation challenges. This goes for both high and low-income countries alike.

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Around 20-30% of global CO2 emissions come from global trade. Let's take action together! 🌍 Distichain partners with ZERO13, the COP28 UAE award-winning carbon exchange hub from GMEX Group, to drive sustainable trade. As ones to watch on PwC Middle East NetZero Future50 report, Distichain now offers direct access to ZERO13's carbon offset solution through its ecosystem. This will help businesses: 🌿 Reduce environmental impact in cross-border trade 💼 Participate in corporate social responsibility initiatives 🌍 Access new markets by demonstrating carbon neutrality 📊 Comply with carbon emissions regulations In line with London Climate Action Week, let's lead the way to support climate change initiatives around the world! Find it here: https://lnkd.in/dDkzt39t #Sustainability #GlobalTrade #LondonClimateWeek #Distichain #NetZeroFuture #distichain Haisam Jamal Alberto Lobrano Patricia Keating ��️ I باتريسيا كيتنج #LCAW2024 #b2bmarketplacesolution #whitelabelb2bmarketplace #PwCMEFuture50 #supplychain Hub71

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Carbon markets hold significant potential for mobilizing finance and driving climate action. However, challenges such as a lack of transparency, fragmentation, and siloed approaches hinder their effectiveness. The latest Sustainable Solutions LLC May newsletter features what we at ZERO13 are doing as a COP28 UAE award-winning ecosystem for carbon credits and ESG real-world assets. It also explores the importance of transparency in carbon markets, the role of digital infrastructure, and how we help to achieve Net Zero. Since our launch, we have expanded our interoperable ‘network of networks’ and grown our partnerships and customer base, bridging climate tech and climate fintech firms to over 60 participants, with continued rapid expansion and increased transaction flows. Transparency and accountability are fundamental for building trust in carbon markets. Without credible mechanisms for tracking and verifying emission reductions, the integrity of these markets is compromised. 👉🏼 Read the full article here: https://lnkd.in/edubx6sq Sinnthya M. #ZERO13 #NetZero #CarbonMarkets #CarbonCredits #ClimateFintech

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I am excited to share about an exciting new collaboration in developing groundbreaking specialist market studies with 5 amazing sustainability advisors at Theia Hub. All of them are experts in their respective fields, covering a range of sectors and geographies. Together, we are dedicated to advancing the decarbonisation agenda and helping businesses and organizations achieve their sustainability goals. Our first study, "Key Market, Finance, and Manufacturing Trends in Decarbonisation of Electricity, Transport, and Manufacturing Sectors in Southeast Asia: 2024-2025," is now available and is the first tangible result of this collaboration! This comprehensive study provides valuable insights and actionable strategies for driving decarbonisation in one of the most dynamic regions of the world. Check out the study here: https://lnkd.in/dJBxYm54 A big thank you to brilliant team of sustainability advisors, Charlotte Ratcliffe, Bilal Khan, Lodovica Di Deodato, Charlotte Bjørn Hansen and Victoria Tully. I am proud to be part of this important journey towards a greener future with you! #Sustainability hashtag #Decarbonisation hashtag #Collaboration hashtag #GreenEnergy hashtag #GreenTransport hashtag #GreenManufacturing hashtag

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