MediSun Energy and MOAJ Holding have announced the formation of MediSun Arabia, a joint venture focused on bringing innovative energy solutions and tackling water scarcity in Saudi Arabia. This strategic partnership includes a USD 30 million investment from MOAJ Holding to establish a manufacturing facility and co-develop a Saudi Brine Management Program, aligning with Saudi Vision 2030.
Sasha Flax, a Virgin Gordian native with extensive experience in both public and private sectors, has been appointed as Assistant Secretary in the Ministry of Tourism, Culture, and Sustainable Development (MTC&SD). Her appointment marks a significant step forward in the Virgin Islands’ commitment to sustainable tourism and cultural preservation.
The Solomon Islands, with the support of the Millennium Challenge Corporation (MCC), is taking steps toward boosting sustainable economic growth through tourism. The initiative focuses on creating jobs, promoting inclusion, and preserving cultural and natural heritage, aligning with World Tourism Day 2024’s theme of ‘Tourism and Peace.’
The Caribbean Tourism Organization (CTO) will host a virtual forum on September 27th, 2024, to celebrate World Tourism Day. The event, themed “Resilience and Renewal: Building a Peaceful Future,” will explore how tourism can contribute to peace, recovery, and sustainable development in the Caribbean.
The Sustainable Markets Initiative (SMI) and AECOM have partnered to launch a groundbreaking AI tool called the Nature Risk Tool. This innovative tool uses data and artificial intelligence to analyze any piece of land globally, providing valuable insights into habitats and biomes, allowing for more sustainable infrastructure development while protecting nature.
Lone Star PACE has helped arrange $3.5 million in C-PACE financing for the sustainable renovation of Meadow Park Tower in Dallas. The project will see the installation of energy-efficient components, leading to significant reductions in energy, water, and natural gas consumption. This investment underscores the growing trend of incorporating sustainable practices in commercial real estate.
Prime Minister Narendra Modi addressed the Summit of the Future at the United Nations, highlighting India’s significant progress in poverty reduction. He emphasized the importance of human welfare and sustainable development, particularly in the context of food and health security.
On the eve of the G20 Ministers of Tourism meeting, a side event highlighted the need for a new approach to tourism policy and governance. Leaders from top tourism economies emphasized the importance of sustainable development, social inclusion, and environmental sustainability in the sector, calling for a shift towards people-centric and planet-friendly policies.
Hygenco Green Energies Pvt Ltd, a leading green hydrogen producer, has secured a $280 million funding commitment from REC Limited for its Green Ammonia Project in Gopalpur, Odisha. This collaboration is a significant step towards India’s ambitious goal of reducing carbon emissions and achieving energy independence.
Heydar Aliyev International Airport in Baku has been recognized for its commitment to environmental sustainability by achieving Level 2 (Reduction) under the Airport Carbon Accreditation (ACA) program. This accomplishment makes Baku Airport the first in Azerbaijan to join the ACA directly at this level, highlighting its efforts to reduce carbon emissions and contribute to global sustainability goals.
