Divided G20 fails to agree on climate action, Ukraine war escalation dominates Rio summit talks
G20 leaders in Rio failed to resolve UN climate talks deadlock, merely stating funding for developing countries battling global warming...
Can biodiversity credits unlock billions for nature?
Paris, France - For supporters, biodiversity credits could unlock billions in much-needed funding for nature, but critics fear a repeat of...
Geostrategy
Global warming raises risk of heat-related deaths among workers
The Occupational Heat Stress conference in Qatar, which focused on climate change and how rising temperatures threaten workers' health, heard...
- There is no international standard for temperatures for outdoor working, but climate change has forced new scrutiny.
- Last year's World Cup in Qatar drew attention to workers toiling in temperatures that can top 50 degrees, prompting Qatar to ban outdoor working from 10am to 3.30pm.
Economy
UAE and US climate farming fund swells to US$13 billion
Thanks to the jump in the fund, the Agriculture Innovation Mission (AIM) for Climate, launched in 2021, now surpasses its...
- Projects such as greener fertilizers are underway that use less fossil fuels to create, and returning to so-called "regenerative agriculture" practices that restore biodiversity
- US Secretary of Agriculture Tom Vilsack and his Emirati counterpart Mariam bint Mohammed Almheiri, are co-hosting an AIM for Climate Summit in Washington this week
Economy
Thousands flee homes in western Canada as wildfires spread
Fanned by strong winds wildfires flared across Alberta in the Canadian province, forcing 25,000 people to flee their homes as...
- Canada in recent past has been affected by extreme weather, the frequency of which has soared owing to global warming
- The declaration of the state of emergency gives the local government more powers to deal with extreme situations and unlock emergency funds
Economy
World should prepare for El Nino, new record temperatures: UN
Since 2020 though, the world has been hit with an exceptionally long La Nina -- El Nino's cooling opposite --...
- The UN's World Meteorological Organization said it now estimated there was a 60-percent chance that El Nino would develop by the end of July
- El Nino, which is a naturally occurring climate pattern typically associated with increased heat worldwide, as well as drought in some parts of the world
Business
Arabian Travel Market unveils Monday in Dubai
DUBAI, UAE - The 30th edition of Arabian Travel Market (ATM) will open Monday at Dubai World Trade Center (DWTC),...
- The event, on May 1-4, will see global travel, tourism, and hospitality experts discuss how their industry is ‘Working Towards Net Zero’.
- Exhibitor participation in the event has risen by 27 percent compared to last year’s event, with growth registered across all show sectors.
Business
DET to highlight Dubai’s tourism in Arabian Travel Market
DUBAI, UAE - Dubai’s Department of Economy and Tourism (DET) is likely to display the diversity of the Emirate's destination,...
- DET is supposed to highlight how the city’s tourism industry is supporting the journey towards achieving the UAE’s Net Zero 2050.
- DET will showcase cuisine from Emirati businesses and local, homegrown brands whilst ensuring that all giveaways are sustainable.
Business
One in five cars sold this year will be an electric vehicle: IEA
The International Energy Agency (IEA) said the rapid electrification of road transportation will have big implications for the energy industry as...
- In its annual report on electric vehicles, the IEA said it expects annual sales to rise 35 percent this year to reach 14 million.
- The IEA said the overwhelming majority of electric car sales are concentrated in three markets: China, Europe and the United States.
EU agency calls for reduction in pesticide use after sales remain stable
Pesticide pollution is also driving biodiversity loss across the continent, causing significant declines in insect populations and threatening the critical role...
- Pesticides are widely used in the agriculture sector but also in forestry, along roads and railways, and in urban areas such as public parks, playgrounds or gardens
- In 2020, one or more pesticides were detected above thresholds of concern at 22 percent of all monitoring sites in rivers and lakes across Europe, the EEA said
Science
UN chief calls for protection of biodiversity on International Mother Earth Day
NEW YORK, US - UN Secretary-General António Guterres issued a statement calling for urgent action to protect the environment and...
- The UN chief highlighted the crucial relationship between humanity and the natural world.
- He called for deeper and faster emissions cuts to limit global temperature rise to 1.5 degrees Celsius.
Private sector central to Qatar’s SDG goals: UN Representative
New York, United States - Qatar wants to put the private sector at the centre of its 2030 Agenda for...
- Saif Al-Thani referred to the fruitful partnership between Qatar and the private sector for implementing the Qatar National Vision 2030
- 'Qatar investment fund for climate change' is investing in projects and companies that are in line with the Sustainable Development Goals
Most Read
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
Divided G20 fails to agree on climate action, Ukraine war escalation dominates Rio summit talks
G20 leaders in Rio failed to resolve UN climate talks deadlock, merely stating funding for developing countries battling global warming...
Company News
Latest News
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...
COP28 UAE
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...
Economy
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...
COP28 UAE
Most Read
OPEC chief says ‘single solution’ non existent for energy transition
Dubai, UAE - The OPEC oil cartel said Saturday there was no "single solution" to the energy transition as pressure grows...
- "There is no single solution or path to achieve a sustainable energy future," said a speech by OPEC secretary general Haitham Al Ghais
- "We need realistic approaches to tackle emissions, ones that enable economic growth, help eradicate poverty and increase resilience at the same time," he said
COP28 UAE
China pushes for ‘acceptable’ to all deal on fossil fuel at COP28
Despite efforts by the OPEC oil cartel to block any text targeting fossil fuels at COP28, Chinese envoy Xie Zhenhua...
- Negotiations in Dubai have focused on calls to phase out the global extraction of oil, gas and coal in hopes of tackling the planet's worsening climate change.
- The roles of China and the US are considered crucial for the world to make any progress in efforts to limit warming to 1.5 degrees Celsius.
COP28 UAE
OPEC implores members to oppose any COP28 deal targeting fossil fuels
Dubai, UAE--The head of OPEC has urged members of the oil cartel to reject any deal at UN climate talks...
- The OPEC chief urged members to reject any text or formula that "targets energy i.e. fossil fuels rather than emissions"
- On Friday, negotiators released an updated text that still includes various options for exiting oil, gas and coal