Top Europe rights court to issue landmark climate verdicts
STRASBOURG, FRANCE – Europe's top rights court will on Tuesday issue unprecedented verdicts in three separate cases on the responsibility of...
Geostrategy
No oil and gas majors aligned with climate targets: report
An A grade would be potentially aligned with the goals of the 2015 Paris Agreement to limit temperature rise to...
Business
Governments should provide incentives for green finance, says Dubai Chambers’ webinar
DUBAI, UAE – Participants at a webinar strongly supported governments providing incentives or regulatory frameworks to encourage greater participation in...
- The webinar was organized by Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers.
- The webinar provided valuable insights and guidance aimed at helping companies to access green finance, attract green investment projects.
Iraq honey production at the mercy of heat and drought
Bees thrive in temperatures of around 30-35 degrees Celsius, not in searing heat, when the thermometer climbs to 50, said...
- A bee needs to constantly forage for the pollen and nectar necessary for honey production but the drought is forcing bees to travel longer to pollinate
- In 2022, honey produced in parts of Iraq controlled by the Baghdad federal authorities reached 870 tonnes, while in Kurdistan 850 tonnes were produced
Geostrategy
UAE, India pledge for success of Dubai’s COP28 event
The UAE and India vowed to make this year's COP28 conference in Dubai a success, as Indian Prime Minister Narendra...
- "The UAE and India are united in their determination to ensure the successful outcome of COP28 as an inclusive and action-oriented conference," said a statement.
- The leaders of both the countries said they were "committed to enhance cooperation on climate ambition, decarbonization and clean energy".
Science
Almost the entire world is experiencing record heatwaves
Record heat is forecast around the world from the United States, where tens of millions are battling dangerously high temperatures,...
- Authorities in many countries have been sounding the alarm, advising people to avoid outdoor activities in the daytime and to be wary of dehydration.
- Scientists insist global warming - linked to dependence on fossil fuels - is behind the intensification of heat waves in the world.
Air pollution concerns on rise in Arab world: Report
Recent global data indicates an alarming rate of pollution in several Arab countries, with Lebanon, Egypt, and Saudi Arabia among...
- Lebanon and Egypt, two Arab countries, feature in the top 15 most polluted nations in the world
- Saudi Arabia ranks 51st, while UAE stands 78th, pointing to pollution challenge in the GCC countries
Arts & Culture
Sweltering heat leaves Gulf residents at risk during noon
DUBAI, UAE- As much of the world swelters in record temperatures, spare a thought for Issam Genedi, who ekes out a...
- Apart from last week being identified as the hottest ever recorded worldwide, a wave of humidity has been suffocating the Gulf
- Two weeks ago, more than 1.8 million Muslims battled through a days-long hajj pilgrimage in Saudi Arabia in temperatures up to 48C (118F)
Business
DEWA given Net-Zero statement of verification for work on climate change
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has received the net-zero statement of verification and assurance certificate in...
- This followed a comprehensive assessment conducted by W3 Solutionz - US based on the International Workshop Agreement Guidelines IWA 42:2022.
- The Net Zero Guidelines were commissioned by Our 2050 World, a global collaboration to accelerate action towards net zero through standards.
Business
IDB inks pact with IRENA
IDB will fund renewable projects by joining ETAF platform.
- The IDB plans to co-finance renewable energy projects and energy transition technologies worth US$100 million in Latin America and the Caribbean.
- By leveraging its global reach and energy transition knowledge, IRENA is actively developing a pipeline of energy transition projects .
Geostrategy
EU clears biodiversity bill seeking natural habitat protection
The parliament's biggest political grouping, the conservative European People's Party (EPP), had sought to shoot down the text, arguing that...
- The text endorsing the Nature Restoration Law passed with 336 votes in favor, 300 against and 13 abstentions.
- The Nature Restoration Act, initiated by the European Commission, aims to resuscitate degraded ecosystems.
COP host UAE vows to cut more emissions in latest plan
The oil-rich Gulf monarchy, which will host this year's COP28 UN climate talks, last week unveiled plans to cut domestic...
- To cut domestic pollution, the UAE plans to triple renewable energy production and slash emissions in everything from industry to transport
- UAE climate change minister Almheiri said the UAE hopes to unveil details of its plan to reach domestic carbon "net zero" by 2050 in the coming months
Top Europe rights court to issue landmark climate verdicts
STRASBOURG, FRANCE – Europe's top rights court will on Tuesday issue unprecedented verdicts in three separate cases on the responsibility of...
Geostrategy
Company News
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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...
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...
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...
COP28 UAE
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Business
NEOM launches ‘Topian’ to ensure climate-proof agriculture in Saudi
NEOM, Saudi Arabia: NEOM, a mega-city project in Saudi Arabia characterized by futuristic urban planning and advanced technologies, Sunday announced the...
- Topian has been launched with the support of the Saudi Ministry of Environment, Water and Agriculture (MEWA).
- Topian has signed numerous local and international strategic partnership agreements with organizations that share Topian’s commitment to reshaping the future of food.
COP28 UAE
Progress but divisions persist as climate summit fights over fossil fuels
Colombia, whose left-leaning government has aggressively promoted environmentalism, warned that COP28 was also failing on raising financing for countries to...
- A third draft of fossil fuel deal, released on Friday, offers various ways to phase out fossil fuels but also includes the option to avoid the issue entirely
- OPEC Secretary-General Friday urged the cartel's 13 members and 10 allies to "proactively reject" any language that "targets" fossil fuels rather than emissions
Economy
Faster hydrogen production needed for energy transition: WTO
Abu Dhabi, UAE-- In order to speed up the energy transition there must be a fast increase in the production...
- IRENA believes that hydrogen and its derivatives would meet 14% of global final energy consumption in 2050
- Hydrogen generated from renewable power is recognised as a key pillar in replacing fossil fuels and decarbonising sectors