Home Climate UAE, Jordan, Israel sign MoU to advance clean energy and desalination projects The countries signed a memorandum of understanding to support Project Prosperity at the 2022 United Nations Climate Change Conference in Egypt by Gulf Business November 9, 2022 The UAE, Jordan and Israel have signed a memorandum of understanding (MoU) at the 2022 United Nations Climate Change Conference (COP27) to advance the clean energy and sustainable water desalination projects announced last year, as reported by the state news agency, WAM The MoU relates to Project Prosperity, which was proposed to help address some of the challenges posed by climate change on water and energy security in the Middle East, and to promote renewable energy, sustainable water supply, and stability in the region. The project has two components: Prosperity Green and Prosperity Blue. Prosperity Green includes a 600-megawatt (MW) solar photovoltaic plant, complemented with electric storage, which will be built in Jordan and produce clean energy for export to Israel. Prosperity Blue is a sustainable water desalination program, located in Israel, to export to Jordan 200 million cubic metres of potable water per annum, as reported by WAM. The three countries signed an initial Declaration of Intent to explore the feasibility of both projects at Expo 2020 Dubai in the UAE in November 2021. As per the MoU, feasibility studies for each of the projects have been ongoing and the parties affirm that both Prosperity Green and Prosperity Blue have positive potential prospects. The three countries will continue engaging to develop the necessary implementation plans in time for COP28, which is to be held in the UAE next November. Project Prosperity was proposed to help address some of the challenges posed by climate change on water and energy security in the Middle East, and to promote renewable energy, sustainable water supply, and stability in the region. Tags COP27 Project Prosperity Sustainability UAE-Jordan-Israel 0 Comments You might also like Leading with passion: The CEO’s journey and strategic goals for Emirates Park Zoo ADIPEC 2024: ADNOC, Masdar, Microsoft to drive AI, low-carbon initiatives The path to sustainable business through ESG compliance Insights: Achieving sustainability goals in the era of AI