ELECTRIC VEHICLES-

Red Sea Global (RSG) has completed the installation of the largest off-grid EV charging network in Saudi Arabia, according to a statement. The network includes over 150 charging stations in the company's The Red Sea tourist destination. Establishing the network is a part of RSG's plan to become carbon neutral and be the world's largest destination to run on renewables only.

Refresher- RSG has another net zero destination, Amaala, in the works and is expected to start operations by 2025. It has also launched KSA's first seaplane company to ferry visitors between island resorts using sustainable aviation fuel.

CARBON CAPTURE-

The Oman Blue Carbon initiative aims to plant 100 mn mangrove trees within four years to capture 14 mn tons of CO2 emissions and capitalize on carbon credits, Oman News Agency reports. The project is expected to yield economic benefits worth USD 150 mn.

Mangroves have been getting their due attention in climate efforts: The UAE also announced earlier this month that it was planting 700k mangroves. COP28 is also expected to see a high-level Mangroves Ministerial for scaling up mangrove conservation and restoration.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

• Oman’s Nama Power finalizes procedures for 50 MW wind project: Oman’s state-owned Nama Power and Water Procurement Company has finalized registration procedures for a 50 MW wind energy project in the country’s Dhofar governorate with the International Renewable Energy Certification Organisation in a bid to help meet the Sultanate’s 2050 net-zero target. (Times of Oman)