Methane emissions under spotlight at global forum in Geneva
Methane emissions from the fossil fuel industry have risen for three consecutive years, according to the International Energy Agency (IEA),...
Geostrategy
Wind-powered Dutch chemical tanker sets sail for greener future
Rotterdam, Netherlands - The world's first chemical tanker ship fitted with massive rigid aluminium "sails" has left Rotterdam, its owner hoping...
Business
Geostrategy
Years of coal plant expansion torment Turkey’s villagers
Villagers and environmental activists have been locked in clashes with the police in the southwestern Mugla province since their plant...
- An AFP tour of five Turkish coal-fired power plant villages witnessed the high human cost of relying on the outdated, highly polluting energy source.
- Turkey was the last among the G20 economies to ratify the Paris Climate Accords, doing so only after the environment became a top issue in the wake of deadly wildfires.
Canada’s fires in north force another town to evacuate
Canada is suffering through its worst forest fire season in recorded history, with much of the country hit by high...
- The threat to Hay River, a town of about 4,000, was so great that even firefighters and essential workers were ordered to leave, authorities said
- At this point, some two-thirds of the entire population of Northwest Territories has been evacuated to neighboring provinces, sometimes 1,200 miles away
Economy
COP28 to help green transition in developing nations
"International reports indicate that the countries in the Middle East and North Africa region are most vulnerable to climate change...
- The UAE's hosting of the COP28 will act as a leverage for international focus on climate action in the region
- Reports indicate that the Middle East and North Africa region is the most vulnerable to climate change risks
Business
Climate change to be discussed in Dubai COP28 meet, says Egypt minister
Cairo, Egypt - Egyptian Minister of International Cooperation Dr. Rania Al Mashat, said the 28th Conference of the Parties to...
- noted that international reports indicate that the countries in the Middle East and North Africa region are most vulnerable to climate change risks
- Al Mashat added that COP28 will see presentations on the most important results and joint action taken over a year within the National Platform for Green Projects
Business
Dubai Chambers saves water, works on sustainability agenda
DUBAI, UAE - Dubai Chambers has contributed to the emirate’s drive for sustainability by saving a total of 72,239 litres...
- The savings were achieved as part of the chambers’ participation in Dubai Can, a sustainability initiative launched by the Crown Prince of Dubai.
- Dubai Can is aimed at educating and mobilising all segments of society to reduce waste and protect the environment.
Economy
Greek firefighters struggle to control wildfires for sixth day
Athens, Greece--Hundreds of firefighters in Greece struggled Thursday to gain the upper hand against major wildfires burning unchecked for a sixth...
- Threatening a national park, a huge blaze continued to burn on Mount Parnitha near Athens, in the largest forest adjoining the capital
- According to a government minister, Greece was going through the worst summer of fires since fire-risk maps were introduced in 2009
Economy
COP28 will provide a pivotal moment in climate action
The conference will focus on practical aspects, unifying action, and establishing partnerships, as well as aligning efforts to transition from...
- COP28 will focus on practical solutions, unifying global action, and fostering partnerships, says IUCN chairwoman
- The conference aims for a "human-centric" approach, emphasizing nature, food, health, and climate resilience, she adds.
Geostrategy
Schools shut in Makkah region after heavy storms and downpour
The meteorology center warned of further storms on Wednesday bringing rain, wind and thunder to the Mecca region and elsewhere...
- The storm brought gale force winds exceeding 80 kilometers (50 miles) per hour, Hussein al-Qahtani, spokesman for the National Centre for Meteorology.
- The Makkah neighborhood of Al-Kakkiyah recorded 45 millimeters (1.8 inches) of rain within 24 hours, the meteorology center shared in a post on X.
UAE stands ready to host COP28: Almheiri at the start of 100 day countdown
Abu Dhabi, UAE - The UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri, affirmed on Tuesday...
- Almheiri underscored the UAE's pivotal role in advancing global climate initiatives and safeguarding natural environment and earth
- She said that in the context of the UAE’s 'Year of Sustainability' in 2023, the 100 days before COP28 will see the launch of myriad of initiatives
Business
Sustainable finance helps achieve net-zero emissions
"Together, we are working under the direct supervision of the Central Bank of the UAE to further advance sustainable finance...
- Six major UAE banks have dedicated over US$51.8 billion in green financing for renewable energy, waste-to-energy, and green technology projects
- UBF members will play a critical role in integrating environmental values into business and industrial progress during the upcoming COP28, says its chief
Methane emissions under spotlight at global forum in Geneva
Methane emissions from the fossil fuel industry have risen for three consecutive years, according to the International Energy Agency (IEA),...
Geostrategy
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Arab meet calls for more investments in renewable energy
Speaking at the 12th Arab Energy Conference organized by the Organization of Arab Petroleum Exporting Countries (OAPEC), Qatar's Energy Minister...
Geostrategy
Russia, Saudi say sovereign Palestine state vital for regional peace
RIYADH, SAUDI ARABIA – Russia and Saudi Arabia expressed concern on the present situation in Gaza and said that a...
Geostrategy
COP28 draft deal calls for ‘reducing’ fossil fuel production, consumption
The draft no longer mentioned a "phase-out". The text prepared under COP28 president Sultan Al Jaber, the head of the...
COP28 UAE
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COP28 UAE
ITFC looks to ramp up green financing to 30% of its portfolio
Dubai, UAE-- The International Islamic Trade Finance Corporation (ITFC) is looking to ramp up its sustainable and green financing to...
- Sonbol anticipates a big boost in green financing within their portfolios and significant acceleration in this trend in the years to come
- He noted the significance of helping farmers with innovative financial solutions and new technologies so that food security can be ensured
COP28 UAE
COP28 focused on achieving balanced package in negotiations: Majid Al Suwaidi
Dubai, UAE-- The COP28 Presidency is focused on achieving a balanced package in the negotiations, according to Ambassador Majid Al...
- Al Suwaidi said that food systems are very exposed to the effects of climate change, and "COP28 is proud to be elevating them to the highest level of discussions"
- According to the COP28 director general, the global community has raised $2.5 billion to support the food-climate agenda during the World Climate Action Summit
COP28 UAE
UN climate talks home in on fossil fuel deal
Negotiators have failed to produce a new draft agreement since the last text was released on Friday. The document includes...
- Jaber, the head of the national oil company of the United Arab Emirates, has urged countries to find a "consensus and common ground" on fossil fuel
- Saudi Arabia has opposed any phase-out or phase-down of fossil fuels and told COP28 that its "perspectives and concerns" must be taken into account