Middle East ESG Weekly Round-Up
Major ESG related news in Middle East last week
Dubai Introduces Sustainable Floating Fire Station
The floating fire station is designed to provide rapid response to maritime incidents while minimizing its environmental impact.
Middle East ESG Weekly Round-Up
Major ESG related news in Middle East last week
NSE’s EV Index: A Stimulant for India’s EV Segment
The base date of the index is April 2, 2018, with a base value of 1000. It will undergo semi-annual reconstitution and quarterly rebalancing.
FAME 3 Incentive Scheme Rolls Out Soon
FAME 3 is likely to increase subsidies for electric buses purchased by State Transport Undertakings (STUs) compared to FAME 2, which incentivized the purchase of 7,000 electric buses.
Middle East Round Up
Major sustainable News from Middle East this week.
India Needs to Increase Renewable Energy Push to Meet 2030 Target, Report Warns
The report proposes lowering the GST on hydropower components from the current range of 18-28% to 12% and reducing the GST on wind projects from 12% to 5%.
Diageo to invest €100 Million to Decarbonize Historic Guinness Brewery
The goals include achieving 100% renewable energy use, net-zero carbon emissions in direct operations, and a 50% reduction in indirect emissions from suppliers.
UAE Announces Blue Visa for Environmentalists
The Blue Residency visa targets individuals actively advocating for environmental causes. It covers sustainability efforts inside and outside the UAE.
Middle East Weekly Round Up
The main ESG related events happened in Middle East last week.