INSEAD Day 4 - 728x90

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

Asia green business market to hit $5 trillion by 2030

Asia has 45 percent of the global share of installed renewable energy (RE) capacity.
  • Around $3.1 trn will need to be spent per year on average on physical assets for energy and land-use systems from 2020 to 2050.
  • Vehicle electrification could contribute 10 to 15 percent of the abatement potential needed by 2050, lowering emissions by roughly six GtCO2e.

McKinsey has said that across Asia-Pacific (APAC), more than 15 countries and 670 companies have set (or are committed to setting) emission-reduction targets, thereby creating new investment opportunities in green technology. Asia also boasts an extensive nature-based capital asset that can play a significant role in contributing to net zero, while simultaneously preserving biodiversity and ecosystem functions, the firm said. TRENDS takes a look at the green opportunities in the continent: