The Abdul Latif Jameel Magazine Summer 2018
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openingdoors.alj.com Opening doors The Abdul Latif Jameel Magazine Summer 2018 In this month’s issue we talk about Featured Articles Saudi Arabia: Ready to lead the world in smart city development? Sparking a global renaissance in education – One year on Eyes on the East Painting a bright future for Middle Eastern art J-WAFS in action: ‘Living sensors’ to detect water contamination © Abdul Latif Jameel IPR Company Limited. All rights reserved. The Abdul Latif Jameel name, and the Abdul Latif Jameel logotype and pentagon-shaped graphic are trademarks, or registered trademarks of Abdul Latif Jameel IPR Company Limited. The Abdul Latif Jameel Magazine Feature Summer 2018 Highlights Abdul Latif Jameel has been investing from the heart of Arabia across the promising MENAT region and beyond for over seventy years – shining a light on new opportunities for investment and growth. Trusted to open new doors; now, we are opening more. Helping people who strive for better, to have better: better means; better lives; better prospects. Helping businesses who look further, to reach further. Into new markets, new homes, and new considerations. We can do this because we are determined in our quest for new potential; and we succeed because we never lose sight of why this matters. In this magazine, we showcase our investment in the development of the economies and the quality of life of people in the region. Contents Winds of change in global energy revolution 01 FRV makes renewable energy history in Armenia 04 Saudi Arabia: Ready to lead the world in smart city development? 05 Latest FRV scholarship winners announced 09 Abdul Latif Jameel Poverty Action Lab at MIT to expand refugees’ access to higher education 10 Sparking a global renaissance in education – one year on 11 New measures to support disabled jobseekers 12 Privatization program set to reap big dividends 13 J-WEL celebrates a year of promoting excellence in education 14 Eyes on the East 15 Abdul Latif Jameel Motors agreement puts Saudi Arabian women on the road to driving success 19 Real people, real stories – no such thing as a typical day 20 New partnership provides boost for Saudi Arabian jobseekers 20 Painting a bright future for Middle Eastern art 21 J-PAL launches ‘Policy Insights’ to help shape public practice around the world 23 J-WAFS in action: ‘Living sensors’ to detect water contamination 24 First residents prepare for J|ONE opening 25 J-WAFS at MIT develops new technologies addressing water and food challenges 26 J-PAL Japanese partnership aims to enhance education in Africa 27 MITEF winners revealed in partnership with Community Jameel 28 Events round-up 28 Editorial Team – You can contact the editorial team by sending an email to [email protected] The term “Abdul Latif Jameel” refers broadly to several distinct, separate and independent legal entities. Abdul Latif Jameel is not itself a corporate entity, association or conglomerate run by an overarching parent company but merely refers to a group of distinct and wholly separate legal entities that are collectively referred to as Abdul Latif Jameel. Abdul Latif Jameel is not a corporate group as defined in section 1161(5) of the Companies Act 2006. © Abdul Latif Jameel IPR Company Limited. All rights reserved. The Abdul Latif Jameel name, and the Abdul Latif Jameel logotype and pentagon-shaped graphic are trademarks, or registered trademarks of Abdul Latif Jameel IPR Company Limited. The Abdul Latif Jameel Magazine Summer 2018 Winds of change in global energy revolution A new report from the Global Wind Energy Indeed, “today wind power is the most energy advances. Denmark, for example, Council highlights the continued advance and competitively priced technology in many if not generated 44% of its 2017 electricity from wind commercial viability of wind energy around most markets worldwide2,” according to GWEC. as well as adding a further 342GW of installations5. the world. It adds: “Wind power is in a rapid transition to Uruguay used wind to generate more than 30% becoming a fully commercialized, unsubsidized of its electricity, while Portugal, Ireland, Spain, The Global Wind Energy Council’s (GWEC) technology; successfully competing in the and Germany generate approximately 17%-25% ‘Global Wind Report: Annual Market Update marketplace against heavily subsidized fossil of their electric power through wind. 2017’, published in April 2018, reveals how wind and nuclear incumbents.” installations are taking root at the centre of the Andrea Fontana, managing director (Europe) world’s renewable energy industry. More than US$ 107 billion was invested in wind of Fotowatio Renewable Ventures (FRV), part energy in 2017, with 52GW of wind installations of Abdul Latif Jameel Energy, believes several Wind energy will form a crucial part of the being put in place – taking global wind advances are contributing to the positivity ambitions laid out in the Paris Agreement, the installations up to a total of 539GW. Between surrounding wind energy. He said: “There’s no UN climate change agreement signed in 2016, 2007 and 2016, wind energy installations doubt the wind sector is very competitive. We which aims to ensure the unavoidable rise in around the world leapt by 399.2%3. saw that in the public tenders of 2017, where global temperatures is constrained to below the trend towards ever lower cost of energy 2°C through positive action by government and Steve Sawyer, secretary was confirmed. Equipment performance and industry. To achieve this goal, the renewable general of GWEC, capacity has increased substantially, while share of the world’s energy supply must rise says: “Wind power is installation, operation and maintenance costs from 15% today to 65% by 20501. leading the charge in have been reducing, which all contribute the transition away towards a more competitive pricing.” The GWEC report highlights many reasons to from fossil fuels, and be positive. Economic reality is advancing wind Steve Sawyer continues to blow “In lots of tenders, wind and solar must energy’s cause far more effectively than any Secretary General of GWEC away the competition compete against each other – and wind public relations campaign could hope. In North on price, performance and reliability. Both has shown now that it can compete. Wind and Latin America, North Africa, and India, onshore and offshore, wind power is energy is definitely cost-competitive and, tenders are being submitted at US$ 0.03/kWh, key to defining a sustainable energy future4.” in some cases, it is more competitive than while a recent tender in Mexico dipped below conventional energies, so it can compete in 1 Turning to Renewables: Climate-Safe Energy Solutions, International Renewable Energy Agency, November 2017 US$ 0.02/kWh. Several countries are making significant wind the tender process without any subsidies.” 2 Global Wind Report – Annual Market Update 2017, Global Wind Energy Council, 25 April 2018 3 Renewable Energy Statistics 2017, International Renewable Energy Agency, 2017 4 Cost-competitiveness puts wind in front, Global Wind Energy Council, 25 April 2018 5 Global Wind Statistics 2017, Global Wind Energy Council, 14 February 2018 © Abdul Latif Jameel IPR Company Limited. All rights reserved. The Abdul Latif Jameel name, and the Abdul Latif Jameel logotype and pentagon-shaped graphic are trademarks, or registered trademarks of Abdul Latif Jameel IPR Company Limited. 01 The Abdul Latif Jameel Magazine Summer 2018 Analysis from GWEC suggests that continues to develop as it has over global wind installations will show the past two years,” says GWEC’s a marked increase in 2019 after a Annual Market Update 2017, “there relatively stable 2018. “It’s very hard will be more investments to come6.” to predict, because it’s closely linked to global policies,” says FRV is one of a number of major Andrea. “But it is our expectation players sizing up opportunities in that installations will pick up again the country: “We’ve been watching in 2019, particularly in developing closely how the renewable market countries like India and China, and is coming up there,” says Andrea. mature regions with new targets, “The capacity factor in certain such as Europe, which is currently areas of Argentina is just amazing setting its goals for 2030.” compared to the rest of the word. In the southern part of the country, Andrea Fontana A global outlook you have constant stable and Managing Director (Europe) FRV The rise of wind power is not strong winds throughout the entire restricted to any single area: it is a year. The things that need to be Building a future based on worldwide phenomenon. In 2017, considered carefully, however, are innovation and efficiency every region of the world made the returns and the bankability. Although the drive towards ever significant progress on its total wind We’ve seen that financing is available, Harnessing wind power in the lower tender prices is adding new installations. The installed capacity especially for wind projects, but the MENAT region pressures on developers, Andrea of Africa and the Middle East rose by level of returns is not as high as in As part of Abdul Latif Jameel Energy, remains positive. “Lower prices 15.9%. In Asia, it jumped by 12%, while some other markets.” FRV is also looking to the positive put pressure on returns. But that’s Europe (up 10.4%), Latin America impact it can have on Saudi Arabia, not necessarily bad,” he says. (up 16.8%) and North America FRV is also increasingly active in its citizens and its communities. “It forces everybody to become (up 8%) also made considerable the wind energy markets of other While the country’s solar more efficient.” developments in their wind countries in Latin America. It already power potential has long been generating capabilities.