INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Qatar signs Global Methane Pledge, to lower emissions by 30 percent

Qatar and the USA noted the urgency of the challenge posed by climate change.
  • A total of 111 country endorsements have now signed the Global Methane Pledge.
  • The signatories represent 70 percent of the global economy and nearly half of global anthropogenic methane emissions.

Qatar has signed the Global Methane Pledge, which seeks to reduce emissions upto 30 percent by 2030.

Qatar’s endorsement of the Global Methane Pledge provides critical momentum to global efforts to urgently reduce methane emissions, it announced this in a joint statement with the USA on Saturday.

Reportedly, there are now 111 country endorsements of the Global Methane Pledge.

This represents 70% of the global economy and nearly half of global anthropogenic methane emissions.

Also, Qatar and the USA noted the urgency of the challenge posed by climate change.

It includes the importance of accelerating global efforts on all aspects of the climate change agenda.

The two agree on the need to provide energy security and tackle the climate crisis together in light of current events and on the road to COP27 in Sharm el Sheikh.

Rapidly reducing methane emissions is the most effective strategy to limit global warming in the near term and keep 1.5 degrees Celsius within reach.

Countries endorsing the Global Methane Pledge commit to take national-level, voluntary actions to support the collective pledge target of 30% reduction in anthropogenic methane emissions by 2030 from 2020 levels.