UAE orders all companies to monitor emissions in new climate law
Under the new law, companies are required to report and reduce their emissions of the greenhouse gases that are responsible...
Geostrategy
‘AI saved 1.5 billion liters of water, cut carbon emissions equivalent to 1 million trees in Saudi Arabia’
Riyadh, Saudi Arabia – Artificial intelligence (AI) has contributed to saving 150 million sheets of paper and conserving 1.5 billion...
Climate change worsening heatwaves, air quality: UN
The wildfire smoke recently suffocating cities from Athens to New York may be the most visible sign of air pollution...
- Fine particulate air pollution from things like vehicle and industrial emissions but also sand and wildfires, is greatest external threat to public health, a recent study said
- On Wednesday, the EU's Copernicus Climate Change Service said the Earth had just had its hottest three months on record, with last July the hottest month ever recorded
Geostrategy
World inches step closer towards plastic pollution deal: UN
Some 175 nations are working to reach a landmark agreement by end-2024 that will curb plastic pollution, which ends up...
- Global plastic production has more than doubled since the start of the century to reach 460 million tons and could triple by 2060 if nothing is done. Only 9% is currently recycled.
- The draft deal, published by the Intergovernmental Negotiating Committee, will form the basis of fresh talks in the Kenyan capital, Nairobi, on November 13-19.
Geostrategy
UAE and Africa strengthen carbon market collaboration
"Our collaboration with the Africa Carbon Markets Initiative provides carbon market buyers in the UAE and wider region with access...
- The UAE Carbon Alliance has signed a Letter of Intent for a US$450 million purchase of African carbon credits by 2030
- Collaboration with Africa Carbon Markets Initiative will provide UAE with access to high-quality carbon credits from Africa
Business
Tech’s carbon footprint: can AI revolutionize responsibly?
The planet's 8,000 or so data centers are the foundation of our online existence, and will grow ever further with...
- In 2019, researchers trained several large language models, and found that training a single AI model can emit the CO2 emission equivalent of five cars over their lifetimes.
- Between 2010 and 2018, global data center energy use rose by only 6 percent, despite a 550 percent increase in workloads and computing instances, according to the IEA.
Istanbul dams run low after scorching, dry summer
The bank of screens in Ismail Aydin's Istanbul water management system control room flashes a worrying number: 29.7 percent. That...
- Turkey as a whole experienced the hottest July on record and broke the 50-degree Celsius (122-degrees Fahrenheit) mark for the first time in modern history on August 14
- The city could ship in extra supplies of water by sea or road should the dams run completely dry -- although no specific plans have been laid yet for that gloomy possibility
Economy
UAE economy expected to grow by 3.5 percent in 2023, says UBS
ABU DHABI, UAE - Chief Investment Officer, Emerging Markets at UBS Global Wealth Management Michael Bolliger forecasts the UAE's gross...
- The bank's positive outlook on the UAE’s medium-term growth prospects is supported by strong demand for its oil exports and energy investments.
- The bank also expects a strong 4.5 percent expansion for the non-energy part of the economy for this year.
Geostrategy
Renewables helped save $520bn fuel costs globally in 2022: Report
In non-OECD countries, just the saving over the lifetime of new capacity additions in 2022 will reduce costs by up...
- In addition to these direct cost savings, there would be substantial economic benefits from reducing CO2 emissions and local air pollutants.
- IRENA’s Director-General Francesco La Camera said the world must add 1,000 GW of renewable power annually on average every year until 2030 to keep 1.5°C within reach.
China, Arab nations establish centre to solve desertification, land degradation
Beijing, China - China and Arab nations have agreed to establish China-Arab International Research Centre for Drought, Desertification, and Land...
- China is one of the leading countries in desertification control and the country also has technologies that can be exemplars for Mongolia and the rest of the world
- Government representatives in attendance at the meeting signed the MoU on building the centre and launched the first batch of collaborative projects
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
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UAE orders all companies to monitor emissions in new climate law
Under the new law, companies are required to report and reduce their emissions of the greenhouse gases that are responsible...
Geostrategy
Company News
Latest News
TAQA, GS Inima and EWEC seal deal
Abu Dhabi's Shuweihat 4 desalination project secures $444 million.
Business
Climate threats haunt GCC’s economy and finance
The GCC faces a critical challenge as climate risks like extreme heat and water stress rise, potentially impacting the region's...
Economy
Turkmenistan worried as Caspian Sea continues to shrink
Turkmenbashi, Turkmenistan - On the Caspian Sea coast in Turkmenistan, Batyr Yusupov can no longer ferry his passengers between two ports....
Geostrategy
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Business
ENEC announces completion of Unit 4 of Barakah Nuclear Energy Plant
The Federal Authority for Nuclear Regulation (FANR), the UAE's independent nuclear regulator, recently issued the Operating License for Unit 4...
- The three current commercially operating Units at Barakah, delivered in three consecutive years, are already generating more than 30TWh of zero-emission electricity every year.
- The Barakah Plant, a pivotal player in the international nuclear energy sector, boasts four APR-1400 units, marking it as one of the largest nuclear energy facilities globally.
COP28 UAE
New platform to revolutionize global sustainability
World Wide Generation's and e& join hands to combine innovative technology and global collaboration to address critical environmental, social, and...
- World Wide Generation's and e& join hands to combine innovative technology and global collaboration to address critical environmental, social, and economic challenges.
- The G17Eco platform, powered by WWG, equips organizations to effectively access and utilize sustainability data, integrating solutions and finances for comprehensive reporting.
COP28 UAE
Innovative solutions crucial for marine conservation
The MENA Oceans Network, launched at the COP28, marks a pivotal step in addressing urgent ocean-related challenges in the region,...
- The MENA Oceans Network, launched at the COP28, marks a pivotal step in addressing urgent ocean-related challenges in the region, says Tatiana Antonelli Abella of Goumbook.
- This multi-stakeholder initiative, supported by the UN-UAE Office, aims to enhance marine conservation, promote a sustainable blue economy, and support SDG14 drive, she adds.