INSEAD Day 4 - 728x90

Climate Change

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Dubai launches strategy to achieve zero emissions in public transport

This aligns with UAE's preparations for COP28 and the UAE Net Zero by 2050 Strategic Initiative, and is a part...
  • This makes it the first Middle Eastern agency to develop a long-term strategy for migrating towards Net-Zero Emission Public Transport by 2050.
  • The primary objectives of the strategy include the decarbonization of all taxis, limousines, and public buses and designing buildings.

Urgent global action needed on food security, climate change: UAE minister

New York, USA - Mariam bint Mohammed Almheiri, the UAE Minister of Climate Change and the Environment, has called for...
  • Almheiri emphasised the rapidly escalating impact of climate change on food security and the need for increased international humanitarian law compliance
  • She outlined the steps the UAE is taking to meet its domestic food security challenges stressing the nation's focus on sustainable, technology-enabled food supplies

Environment ministry reclassifies 64 air quality monitoring stations in UAE

DUBAI, UAE -  As part of the Year of Sustainability initiative, UAE Ministry of Climate Change and Environment (MOCCAE) has...
  • The reclassification is consistent with the UAE's commitment to upholding the highest environmental and climate standards.
  • All government entities involved in managing and operating air quality monitoring stations cooperated in reclassifying 64 stations.

UAE discusses clean energy partnerships with Germany, Netherlands

ABU DHABI, UAE -  A senior UAE official of the Ministry of Energy and Infrastructure (MoEI) visited Germany and the...
  • Over 11,500 decision-makers, energy ministers and CEOs from over 100 countries participated in the World Hydrogen Summit 2023 in Netherlands.
  • A senior UAE official provided an overview of the country's energy transition, with a focus on its hydrogen industry.

Masdar on way to become one of world’s largest renewable energy firms

ABU DHABI, UAE -  Abu Dhabi Future Energy Company (Masdar) has announced that it has nearly doubled its clean energy...
  • Masdar announced that it has nearly doubled its clean energy capacity and CO2 displacement in just two years.
  • Masdar has invested, or has committed to invest, in projects globally with a combined value of more than US$30 billion.

Conflict zones in Middle East are not getting climate funds, say aid groups

DUBAI, UAE - Conflict-plagued countries in the Middle East are among the most vulnerable to climate change but are almost entirely...
  • The UN ranks Iraq, recovering from decades of conflict, as one of five countries most impacted by effects of climate change including drought.
  • Syria and Yemen are also at heightened risk following years of war that has battered both the country's infrastructure.

MENA region takes significant strides towards renewable energy, says Prince Albert II of Monaco

The Monaco prince commends the Saudi Green Initiative, Middle East Green Initiative and the upcoming COP in Dubai as "remarkable...
  • Prince Albert recognizes the remarkable environmental initiatives undertaken by the MENA region and offers his support and willingness to contribute to these efforts
  • Stressing on global collaboration, Prince Albert II emphasizes that the fight against climate change and the preservation of biodiversity cannot be won by isolated efforts

UAE issues decree on use and distribution of hydrofluorocarbons

Dubai, UAE-- The UAE's Ministry of Climate Change and Environment has issued a decree on the use and distribution of...
  • Referred to as refrigerant gases responsible for intensifying global warming and depletion of the ozone layer, HFCs are categorized among greenhouse gases
  • The UAE has been at the front of attempts to restore the ozone layer's protective capacity since joining the Convention in 1989 and the Protocol in 1990

Masdar, IRENA ink pact on tripling global renewable energy capacity by 2030

ABU DHABI, UAE - Masdar has signed an agreement with the International Renewable Energy Agency (IRENA) to cooperate on a...
  • The main objective of the project is to establish a global baseline for renewable energy.
  • The project will also highlight the challenges faced by different regions in meeting their renewable energy ambitions.

Gulf states’ sovereign funds drive climate innovation

"The SWF investment in climate tech will help sustain the shift away from the Gulf States' traditional source of income...
  • Gulf States, with their vast land reserves, can provide the necessary space for setting up factories and infrastructure to facilitate climate tech companies
  • Sovereign Funds have potential to play a leading role in supporting the transition to a cleaner economy and ensuring a sustainable future for the region

‘Moment of truth’ for world-first plastic pollution treaty

Bangkok, Thailand - Plastic pollution litters our seas, our air and even our bodies, but negotiators face an uphill battle next...

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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...

‘Private sector plays key role in climate resilience’

Private sector has the ability to mobilize resources and foster innovative solutions for vulnerable communities, Dominica's Environment Minister Cozier Frederick...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

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

Protestors demand end of fossil fuels, Gaza war at COP28

The demonstrators chanted "Climate justice!" and "Ceasefire now!" as they held pro-environment banners painted in the colors of the Palestinian...
  • The 'Blue Zone' where the COP28 talks are taking place is currently under UN control.
  • At least 17,490 people, mostly women and children, have been killed in Israeli attacks

UAE to tie up with ACSAD to achieve zero neutrality by 2050

Dubai, UAE--The Arab Centre for the Studies of Arid Zones and Dry Lands (ACSAD) will partner with the UAE's Ministry...
  • ACSAD has offered at COP28 several solutions to the problem presented by climate change, including challenges like dealing with water scarcity and food security
  • Dr. Homsi said that Arab summits had given ACSAD the task to implement a number of projects, such as the production of wheat varieties resistant to drought, high temperatures