INSEAD Day 4 - 728x90

Climate Change

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Sharjah’s Waste-to-Energy Project promotes renewable energy

SHARJAH, UAE - The Sharjah Waste-to-Energy Project, the first of its kind in the Middle East, has strengthened its efforts...
  • Since its launch one year ago, the plant has increased its waste diversion rate from 76 percent to 90 percent.
  • The move aligns with the UAE's goal of achieving climate neutrality by 2050 and diversifying the energy mix.

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.

World reaches $300 bn climate finance deal at COP29

A group of 134 developing countries had pushed for at least $500 billion from rich governments to build resilience against...

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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...

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

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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

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