Back to the complete issue
Monday, 15 August 2022

Former Caribbean climate minister could be UN’s next climate chief

The UN’s next climate chief will come from an island nation: Grenada’s former climate minister Simon Stiell is in line to replace Patricia Espinosa as executive secretary of the UN Framework Convention on Climate Change (UNFCCC), Reuters reports, citing diplomatic sources familiar with the matter. Espinosa completed her second, three-year term in July. The sources are cited as saying that Stiell will take the helm at the UNFCCC a few months ahead of COP27 in November.

Europe gas pipeline could be ready in nine months: A new European gas pipeline connecting Portugal to central Europe could be up and running within nine months, Spain’s energy minister said Friday, according to the Financial Times. This came after German Chancellor Olaf Scholz backed the construction of a new European pipeline to help wean the continent off of Russian energy and stave off an energy crisis.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.