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Masdar, the United Arab Emirates’ renewables developer, and its Saudi peer, ACWA Power, are leading the two OPEC members’ clean energy projects in energy-rich Central Asia, a new frontier for petrostates looking to advance their net-zero agendas in the wake of the United Nations Climate Change Conference, COP28, in Dubai.
Gulf-Central Asia Climate Cooperation
The UAE and Saudi Arabia already have strong ties with two Central Asian countries, Azerbaijan and Kazakhstan, both of which are members of OPEC+, the coalition of oil producers…