Plastic pollution talks South Korea fail to reach landmark deal
Busan, South Korea - Deeply divided negotiators failed on Sunday to reach a landmark global treaty to curb plastic pollution, missing...
COP29: Why new climate pledges need ambition, finance and action to succeed
Major emitters must take the lead, but every nation has a role in addressing the climate crisis. Success hinges on...
Economy
‘Greenhouse gas emissions from agriculture likely to rise by 7.5% in next decade’
PARIS, FRANCE - Greenhouse gas emissions from agriculture are expected to increase by 7.5 percent in the next decade, said...
- Projected greenhouse gas emissions are less than half the projected output growth.
- This output indicates a significant fall in the carbon intensity of agricultural production.
Economy
Abu Dhabi frames new grazing regulations to protect rangelands
Abu Dhabi, UAE-- In order to protect natural rangelands and promote sustainable traditional grazing practices, the Environment Agency – Abu...
- The introduction of the new policy by the agency will ensure the recovery of vegetation cover and promote the sustainability of biodiversity
- The new regulation mandates that licensees should stay away at least 2km from protected areas, forests, residential, military and private areas
Global maritime sector improves carbon-reduction target: draft deal
Compared with 2008 levels, the United Nations' global shipping regulator has agreed to cut total annual emissions of greenhouse gases...
- The latest agreement comes at the end of a five-day meeting at the International Maritime Organization's headquarters in London
- The vast majority of the world's 100,000 cargo ships - which carry 90 percent of the world's goods - are powered by highly-polluting diesel
Climate change tests limits of Mediterranean wildfire strategy
In the northwest United States they say the average expanse of forest destroyed by wildfires annually doubled between 1984 and...
- In October 1970, 11 people perished near France's far southeastern border with Italy and then fifteen years later, a new inferno in the area killed five volunteer firefighters
- Many observers credit the fall in fatalities to the strategy adopted in the early 1990s in the arc from France's border with Spain to the frontier with Italy
Geostrategy
World saw hottest June on record, Tuesday hottest day ever
Petteri Taalas, secretary-general of the UN's World Meteorological Organization, warned on Monday that El Nino "will greatly increase the likelihood...
- "The month was the warmest June globally at just over 0.5 degrees Celsius above the 1991-2020 average, said EU monitor Copernicus.
- The tumbling records reflect the impact of global warming driven by greenhouse gases released from human activity.
Geostrategy
Climate change spells ‘truly terrifying’ future of hunger, suffering: UN
On current policy trends, the planet will be 2.8C warmer by the end of the century, according to the UN's...
- UN human rights chief Volker Turk told a debate on the right to food that extreme weather events were wiping out crops, herds and ecosystems.
- "Our environment is burning. It's melting. It's flooding. It's depleting. It's drying. It's dying," he said, evoking a "dystopian future".
Geostrategy
France, UAE share vision to shift towards clean energy
PARIS, FRANCE - French Minister of Foreign Trade Olivier Becht said his country and the UAE share a common vision...
- The UAE and his country are working together on low-carbon energy solutions, the French minister said.
- The minister highlighted the rising number of natural disasters globally caused by climate change.
Economy
OFID, partners offer $60m loan to Tanzania for renewable energy
VIENNA, AUSTRIA - A new US$60 million loan by the OPEC Fund for International Development (OFID) and partners is expected...
- The project will include constructing a 166km overhead transmission line connecting the Kagera region to the national grid.
- Tanzania is investing in expanding its hydropower capacity with plants under development at Rusumo and Kakono in its northwestern region.
London Climate Action week: COP28 President-Designate urges investors to fund climate technology
London, Britain - In Britain to attend London Climate Action Week 2023, COP28 President-Designate, Dr. Sultan Al Jaber, urged investors...
- Dr Sultan Al Jaber also visited Octopus Energy and its founding CEO, Greg Jackson, in their London headquarters
- They discussed the latest technologies that support the rollout of renewable energy and storage solutions
Economy
Covid and Ukraine have badly hit UN sustainable goals progress
Geneva, Switzerland - United Nations Conference on Trade and Development (UNCTAD) said the COVID-19 pandemic, Ukraine crisis and the climate...
- The UNCTAD released the fifth edition of its annual SDG Pulse, a global reference for tracking progress towards achieving the Sustainable Development Goals (SDGs) by 2030.
- The data and analysis cover a wide range of SDG indicators and others relevant to trade, investment, financing for development, debt, transport and technology.
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Plastic pollution talks South Korea fail to reach landmark deal
Busan, South Korea - Deeply divided negotiators failed on Sunday to reach a landmark global treaty to curb plastic pollution, missing...
Company News
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UAE witnesses 7% rise in youth green skills in 2023
“We will work to create about 135,000 jobs in the field of green transition worldwide, and therefore ensuring that there...
Economy
Protecting nature may avert $2.7trn global economic losses: World Bank
Dubai, UAE-- Protecting nature could avert global economic losses by 2030 of US$2.7 trillion per year, or 2.3 percent annually,...
COP28 UAE
COP28 last chance to keep 1.5C target alive: John Kerry
US climate envoy issued the warning after COP28 president Sultan Al Jaber proposed a draft deal that did not include...
COP28 UAE
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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...
- The two sides discussed the developments in Palestine and expressed their deep concern about the humanitarian catastrophe in Gaza.
- Russia and Saudi Arabia stressed on the need to stop military operations in the Palestinian territories, and the need to protect civilians.
COP28 UAE
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...
- The document calls for reducing the consumption and production of fossil fuels in "a just, orderly and equitable manner so as to achieve net zero by, before, or around 2050".
- A previous draft on Friday included the word "phase-out" which climate campaigners, low-lying island states and the European Union have been pushing for.
COP28 UAE
Global health crisis looms amid climate change: WEF
Global coalition and trillions of dollars are required to prevent escalating human deaths due to climate change, Dr. Shyam Bishen...
- Global coalition and trillions of dollars are required to prevent escalating human deaths due to climate change, Dr. Shyam Bishen of the World Economic Forum tells TRENDS.
- He emphasizes a strong link between climate change and human health, underscoring the critical role of private sector engagement in combating related health issues.