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Mena Climate Solution Hub Highlighted At Web Summit Qatar
(MENAFN- Gulf Times) The Middle East and North Africa (Mena) region holds untapped potential to lead the fight against climate change, according to Ebb Carbon CFO Jeff Kennedy.
“Our mission as a company is to capture billions of tonnes of CO2 every year, and the desalination industry in the Mena region allows us to achieve that mission,” he said, highlighting the key role of these facilities in large-scale carbon removal.
Kennedy, in conversation with Al Jazeera's senior correspondent Osama bin Javaid, was speaking at a Web Summit Qatar 2025 session Wednesday themed 'How to innovate out of the climate crisis'.
During the talk, he presented Ebb Carbon as a prime example of how businesses can lead climate action through innovative technologies and strategic partnerships. He said that the company's technology uses ocean alkalinity enhancement to take advantage of its vast size to store carbon.
Kennedy explained that Ebb Carbon utilises electric dialysis to separate seawater into different streams, making energy a key factor in the cost-effectiveness of carbon removal.
“Locating with desalination partners that are today processing seawater... but also access to cheap and low carbon energy is a critical enabler for achieving our mission,” he added.
The talk also explored the dual approach to climate action, which involve reducing carbon emissions and capturing existing CO2 from the atmosphere. Kennedy recognised the rapid growth in decarbonising energy production and electrifying transportation but stressed the importance of addressing legacy CO2 through carbon capture.
He noted that the carbon capture industry presents a trillion-dollar opportunity, attracting a diverse range of startups with innovative solutions.
About which regions were leading the charge towards a sustainable future, Kennedy said the MENA region plays a pivotal role in the future of climate solutions, saying:“Honestly, I think where people should be looking at is here in the Mena region”.
About the challenges faced by companies in the carbon sequestration space, he said achieving billion-tonne-per-year removal targets needs significant capital expenditure.
Drawing on his extensive experience in raising capital for utility-scale power plants, Kennedy underlined the importance of establishing bankable technology that can attract project finance, which he sees as the“key enabler” for scaling carbon capture efforts.
Kennedy urged industry experts, policymakers, and young entrepreneurs to recognise the importance of carbon removal as a critical element of mitigating climate change.
“Our mission as a company is to capture billions of tonnes of CO2 every year, and the desalination industry in the Mena region allows us to achieve that mission,” he said, highlighting the key role of these facilities in large-scale carbon removal.
Kennedy, in conversation with Al Jazeera's senior correspondent Osama bin Javaid, was speaking at a Web Summit Qatar 2025 session Wednesday themed 'How to innovate out of the climate crisis'.
During the talk, he presented Ebb Carbon as a prime example of how businesses can lead climate action through innovative technologies and strategic partnerships. He said that the company's technology uses ocean alkalinity enhancement to take advantage of its vast size to store carbon.
Kennedy explained that Ebb Carbon utilises electric dialysis to separate seawater into different streams, making energy a key factor in the cost-effectiveness of carbon removal.
“Locating with desalination partners that are today processing seawater... but also access to cheap and low carbon energy is a critical enabler for achieving our mission,” he added.
The talk also explored the dual approach to climate action, which involve reducing carbon emissions and capturing existing CO2 from the atmosphere. Kennedy recognised the rapid growth in decarbonising energy production and electrifying transportation but stressed the importance of addressing legacy CO2 through carbon capture.
He noted that the carbon capture industry presents a trillion-dollar opportunity, attracting a diverse range of startups with innovative solutions.
About which regions were leading the charge towards a sustainable future, Kennedy said the MENA region plays a pivotal role in the future of climate solutions, saying:“Honestly, I think where people should be looking at is here in the Mena region”.
About the challenges faced by companies in the carbon sequestration space, he said achieving billion-tonne-per-year removal targets needs significant capital expenditure.
Drawing on his extensive experience in raising capital for utility-scale power plants, Kennedy underlined the importance of establishing bankable technology that can attract project finance, which he sees as the“key enabler” for scaling carbon capture efforts.
Kennedy urged industry experts, policymakers, and young entrepreneurs to recognise the importance of carbon removal as a critical element of mitigating climate change.
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